Corsicana & Co. Makes New $2.14 Million Investment in RTX Corporation $RTX

Corsicana & Co. acquired a new position in shares of RTX Corporation (NYSE:RTX) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 12,779 shares of the company’s stock, valued at approximately $2,138,000. RTX accounts for about 1.2% of Corsicana & Co.’s holdings, making the stock its 23rd largest holding.

Other hedge funds have also recently made changes to their positions in the company. Clarity Financial LLC grew its stake in RTX by 0.8% during the 3rd quarter. Clarity Financial LLC now owns 62,340 shares of the company’s stock valued at $10,431,000 after purchasing an additional 488 shares during the last quarter. Falcon Wealth Planning acquired a new stake in shares of RTX during the third quarter worth about $201,000. Cyndeo Wealth Partners LLC lifted its holdings in shares of RTX by 108.4% during the third quarter. Cyndeo Wealth Partners LLC now owns 57,792 shares of the company’s stock worth $9,670,000 after purchasing an additional 30,058 shares during the period. Matauro LLC boosted its position in RTX by 6.6% in the third quarter. Matauro LLC now owns 1,947 shares of the company’s stock valued at $326,000 after buying an additional 120 shares during the last quarter. Finally, Abound Wealth Management increased its holdings in RTX by 4.4% in the 3rd quarter. Abound Wealth Management now owns 1,604 shares of the company’s stock worth $268,000 after buying an additional 67 shares during the period. 86.50% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the business’s 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 of the company’s stock, valued at approximately $10,729,013.40. The trade was a 7.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.15% of the company’s stock.

RTX Price Performance

NYSE:RTX opened at $182.19 on Friday. 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 Corporation has a 52 week low of $112.27 and a 52 week high of $183.24. The stock’s 50-day moving average price is $173.37 and its 200-day moving average price is $160.54. The stock has a market capitalization of $244.27 billion, a PE ratio of 37.41, a price-to-earnings-growth ratio of 2.88 and a beta of 0.44.

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

RTX Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Friday, November 21st were paid a $0.68 dividend. The ex-dividend date of this dividend was Friday, November 21st. This represents a $2.72 dividend on an annualized basis and a yield of 1.5%. RTX’s dividend payout ratio (DPR) is currently 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

Wall Street Analysts Forecast Growth

RTX has been the subject of several research reports. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Robert W. Baird set a $203.00 target price on shares of RTX in a research report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $195.00 price target on shares of RTX in a research report on Wednesday, October 8th. BNP Paribas raised RTX to a “strong-buy” rating in a report on Tuesday, November 18th. Finally, Bank of America raised their target price on RTX from $175.00 to $215.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $184.18.

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.