RTX Corporation $RTX Shares Bought by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC raised its stake in RTX Corporation (NYSE:RTX) by 108.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 57,792 shares of the company’s stock after buying an additional 30,058 shares during the period. Cyndeo Wealth Partners LLC’s holdings in RTX were worth $9,670,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. State Street Corp increased its holdings in RTX by 0.5% during the 2nd quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after acquiring an additional 552,009 shares in the last quarter. State Board of Administration of Florida Retirement System grew its position in shares of RTX by 1.2% in the second quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock valued at $192,333,000 after purchasing an additional 16,034 shares during the last quarter. MGO One Seven LLC increased its stake in shares of RTX by 10.2% during the 2nd quarter. MGO One Seven LLC now owns 27,620 shares of the company’s stock worth $4,033,000 after purchasing an additional 2,554 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its position in shares of RTX by 28,295.2% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 11,926 shares of the company’s stock worth $1,741,000 after purchasing an additional 11,884 shares during the last quarter. Finally, Armstrong Fleming & Moore Inc acquired a new position in shares of RTX during the 2nd quarter worth approximately $431,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Analyst Upgrades and Downgrades

RTX has been the subject of several recent research reports. Bank of America raised their price target on RTX from $175.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. The Goldman Sachs Group lifted their price objective on RTX from $151.00 to $168.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 22nd. Sanford C. Bernstein boosted their target price on shares of RTX from $157.00 to $181.00 and gave the company a “market perform” rating in a research note on Monday, October 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $195.00 price target on shares of RTX in a research note on Wednesday, October 8th. Finally, Morgan Stanley set a $215.00 price objective on shares of RTX and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $184.18.

Insider Buying and Selling at RTX

In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the stock in a transaction on Friday, October 24th. The stock was sold at an average price of $180.15, for a total value of $873,547.35. Following the transaction, the executive vice president directly owned 59,556 shares of the company’s stock, valued at approximately $10,729,013.40. This trade represents a 7.53% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.15% of the company’s stock.

RTX Stock Up 2.2%

RTX opened at $182.19 on Friday. RTX Corporation has a 12 month low of $112.27 and a 12 month high of $183.24. The business has a 50-day moving average of $173.37 and a two-hundred day moving average of $160.38. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.07 and a quick ratio of 0.81. The stock has a market capitalization of $244.27 billion, a price-to-earnings ratio of 37.41, a price-to-earnings-growth ratio of 2.82 and a beta of 0.44.

RTX (NYSE:RTX) last released its earnings results on Tuesday, October 21st. The company reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.29. RTX had a net margin of 7.67% and a return on equity of 13.28%. The business had revenue of $22.48 billion for the quarter, compared to analysts’ expectations of $21.26 billion. During the same period last year, the company earned $1.45 earnings per share. The company’s quarterly revenue was up 11.9% on a year-over-year basis. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. On average, research analysts expect that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Friday, November 21st were issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, November 21st. RTX’s dividend payout ratio is presently 55.85%.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: JPMorgan raised its price target on RTX to $200 and reiterated an “overweight” rating, implying roughly a mid‑teens upside from current levels and supporting momentum for the shares. JPMorgan raises RTX price target
• Positive Sentiment: Raytheon (RTX) won a contract to support Patriot fire units — reported as a $168.1M Army award — reinforcing steady demand for RTX’s air & missile defense business and adding near‑term revenue visibility. RTX’s Unit Secures a Contract to Support the Patriot Missile
• Positive Sentiment: Raytheon announced a separate ~$168M award to supply Patriot‑related equipment to Romania — a repeat customer — which underscores follow‑on international defense sales and backlog growth. RTX’s Raytheon awarded $168 million contract for Romanian Patriot air defense equipment
• Positive Sentiment: Raytheon will equip the USAF’s autonomous X‑62A VISTA with its PhantomStrike radar — a capability win that highlights RTX’s participation in advanced avionics and autonomous systems markets. RTX’s Raytheon to equip U.S. Air Force autonomous fighter jet with PhantomStrike radar
• Neutral Sentiment: Multiple tech/consumer articles report NVIDIA GeForce RTX 50‑series product launches, discounts and rumored production cuts (30–40%) due to memory shortages. These items primarily affect NVIDIA and PC‑GPU markets and are unlikely to materially change RTX’s defense & aerospace fundamentals, though broader tech sentiment could spill over into the sector. NVIDIA launches new NVIDIA RTX PRO 5000 72GB Blackwell GPU
• Neutral Sentiment: Consumer PC/gaming deal coverage (discounts on RTX‑branded GPUs and systems) is market noise for RTX Corporation and should have limited direct impact on the company’s aerospace & defense revenue. Lenovo Legion Pro 5 gaming laptop deal packs OLED, RTX 5060, and 32GB RAM

RTX Company Profile

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.