RTX Corporation $RTX Shares Bought by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC increased its stake in RTX Corporation (NYSE:RTX) by 57.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,241 shares of the company’s stock after acquiring an additional 5,955 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in RTX were worth $2,718,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Demars Financial Group LLC purchased a new stake in RTX during the third quarter valued at about $217,000. Floyd Financial Group LLC acquired a new stake in shares of RTX during the third quarter valued at approximately $1,053,000. Sage Mountain Advisors LLC lifted its position in shares of RTX by 19.5% in the 3rd quarter. Sage Mountain Advisors LLC now owns 11,486 shares of the company’s stock valued at $1,922,000 after acquiring an additional 1,876 shares in the last quarter. Global View Capital Management LLC boosted its stake in RTX by 26.1% in the 3rd quarter. Global View Capital Management LLC now owns 1,889 shares of the company’s stock worth $316,000 after purchasing an additional 391 shares during the period. Finally, Platform Technology Partners grew its position in RTX by 2.1% during the 3rd quarter. Platform Technology Partners now owns 25,312 shares of the company’s stock worth $4,236,000 after purchasing an additional 509 shares in the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.

More RTX News

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 Price Performance

NYSE RTX opened at $196.37 on Wednesday. The company has a 50 day moving average price of $181.20 and a two-hundred day moving average price of $167.85. RTX Corporation has a 12-month low of $112.27 and a 12-month high of $203.03. The stock has a market capitalization of $263.28 billion, a PE ratio of 40.32, a price-to-earnings-growth ratio of 2.92 and a beta of 0.44. The company has a quick ratio of 0.81, a current ratio of 1.07 and a debt-to-equity ratio of 0.58.

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

RTX Dividend Announcement

The business 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. The ex-dividend date of this dividend was Friday, November 21st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s dividend payout ratio is currently 55.85%.

Insider Activity at RTX

In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the firm’s stock in a transaction that occurred 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 legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.15% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on RTX shares. Susquehanna restated a “positive” rating and issued a $230.00 target price on shares of RTX in a report on Thursday, January 15th. Citigroup increased their price objective on RTX from $211.00 to $227.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. BNP Paribas Exane assumed coverage on RTX in a research note on Tuesday, November 18th. They set an “outperform” rating and a $210.00 target price on the stock. Morgan Stanley set a $215.00 price target on shares of RTX and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Finally, Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $186.88.

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.