Rakuten Investment Management Inc. Acquires New Shares in RTX Corporation $RTX

Rakuten Investment Management Inc. bought a new stake in RTX Corporation (NYSE:RTX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 105,571 shares of the company’s stock, valued at approximately $17,665,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its holdings in RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after purchasing an additional 3,332 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of RTX by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after buying an additional 159 shares during the period. Gries Financial LLC increased its position in shares of RTX by 0.7% in the 2nd quarter. Gries Financial LLC now owns 9,780 shares of the company’s stock valued at $1,428,000 after buying an additional 69 shares in the last quarter. Farmers Trust Co. raised its stake in RTX by 15.3% during the 2nd quarter. Farmers Trust Co. now owns 5,865 shares of the company’s stock worth $856,000 after buying an additional 777 shares during the period. Finally, Opal Wealth Advisors LLC raised its stake in RTX by 4.6% during the 2nd quarter. Opal Wealth Advisors LLC now owns 3,766 shares of the company’s stock worth $550,000 after buying an additional 167 shares during the period. Institutional investors own 86.50% of the company’s stock.

Insider Buying and Selling

In other RTX news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the stock in a transaction on Friday, October 24th. The shares were sold at an average price of $180.15, for a total value of $873,547.35. Following the completion of the sale, the executive vice president owned 59,556 shares in the company, valued at $10,729,013.40. This trade represents a 7.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.15% of the stock is currently owned by corporate insiders.

RTX Stock Down 2.8%

Shares of RTX stock opened at $196.37 on Wednesday. RTX Corporation has a 1 year low of $112.27 and a 1 year high of $203.03. The firm has a market capitalization of $263.28 billion, a P/E ratio of 40.32, a PEG ratio of 2.92 and a beta of 0.44. The company has a current ratio of 1.07, a quick ratio of 0.81 and a debt-to-equity ratio of 0.58. The firm’s fifty day moving average price is $181.20 and its two-hundred day moving average price is $167.85.

RTX (NYSE:RTX) last issued its quarterly earnings results on Tuesday, October 21st. The company reported $1.70 EPS for the quarter, beating the consensus estimate of $1.41 by $0.29. The firm had revenue of $22.48 billion during the quarter, compared to analysts’ expectations of $21.26 billion. RTX had a return on equity of 13.28% and a net margin of 7.67%.The business’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.45 earnings per share. On average, equities analysts predict that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Friday, November 21st were given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, November 21st. RTX’s dividend payout ratio is 55.85%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. The Goldman Sachs Group boosted their target price on RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. BNP Paribas upgraded RTX to a “strong-buy” rating in a research report on Tuesday, November 18th. JPMorgan Chase & Co. increased their target price on RTX from $195.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $189.00 price target on shares of RTX in a research note on Tuesday, January 6th. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $186.88.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Defense rally lifts RTX: Geopolitical/tariff concerns pushed money into defense and aerospace contractors, benefiting RTX (investors see RTX as a beneficiary of higher government spending and geopolitical risk). Ford and GM Stocks Drop on Trump Tariff Threats. Why RTX and Northrop Are Higher.
• Neutral Sentiment: Upcoming earnings are a near-term catalyst: RTX is scheduled to report results next week — analysts and traders will be focused on order trends, margins and guidance; a beat could extend the rally while any miss or cautious guide could reverse gains. RTX (RTX) to Release Earnings on Tuesday
• Neutral Sentiment: Comparisons to Archer Aviation (ACHR) are largely thematic: A recent head-to-head piece contrasts RTX and Archer, but RTX is a diversified defense/aero giant while Archer is a small eVTOL growth play — the comparison is useful for context but unlikely to change RTX’s fundamentals. Head to Head Contrast: RTX (NYSE:RTX) and Archer Aviation (NYSE:ACHR)
• Neutral Sentiment: Multiple tech/gaming headlines reference “RTX” GPUs (Nvidia brand) — not RTX Corporation: Several articles about Nvidia’s RTX GPUs (pricing, shortages, EOL models and laptop deals) are driving online chatter but are unrelated to RTX Corp’s aerospace/defense business; expect occasional ticker/brand confusion among retail investors. Examples: NVIDIA increases GeForce RTX GPU pricing for its partners, but it’s still lower than AMD’s and Temporary shortage or bad omen? NVIDIA RTX 5090 disappears from US stores.

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.