Franklin Parlapiano Turner & Welch LLC Has $11.10 Million Stake in RTX Corporation $RTX

Franklin Parlapiano Turner & Welch LLC trimmed its position in shares of RTX Corporation (NYSE:RTX) by 7.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,346 shares of the company’s stock after selling 5,339 shares during the quarter. RTX accounts for approximately 2.8% of Franklin Parlapiano Turner & Welch LLC’s investment portfolio, making the stock its 7th largest position. Franklin Parlapiano Turner & Welch LLC’s holdings in RTX were worth $11,102,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC raised its position in RTX by 24.3% in the 4th 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 raised its holdings in shares of RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after buying an additional 159 shares during the period. MBB Public Markets I LLC bought a new stake in shares of RTX during the 1st quarter worth approximately $312,000. Advisory Alpha LLC boosted its holdings in RTX by 13.2% during the 1st quarter. Advisory Alpha LLC now owns 4,556 shares of the company’s stock valued at $603,000 after acquiring an additional 533 shares during the period. Finally, SageView Advisory Group LLC boosted its holdings in RTX by 9.7% during the 1st quarter. SageView Advisory Group LLC now owns 15,400 shares of the company’s stock valued at $2,040,000 after acquiring an additional 1,367 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Analysts Set New Price Targets

RTX has been the topic of a number of recent analyst reports. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Citigroup assumed coverage on shares of RTX in a report on Thursday, December 11th. They set a “buy” rating and a $211.00 price objective for the company. Jefferies Financial Group reissued a “hold” rating and issued a $190.00 price objective on shares of RTX in a research report on Tuesday, November 25th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $189.00 target price on shares of RTX in a research report on Tuesday. Finally, BNP Paribas raised shares of RTX to a “strong-buy” rating in a research note on Tuesday, November 18th. Three research 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $184.47.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Recent contract wins and defense demand support RTX’s revenue outlook — the U.S. awarded radar/air-traffic overhaul work to RTX and market analysis points to stronger demand for missiles and surveillance as arsenals refill. Read More. Read More.
• Positive Sentiment: Analyst coverage and research picks highlight RTX as a top defense idea, which can support buy-side interest amid volatility. Read More.
• Neutral Sentiment: RTX scheduled Q4 and full-year 2025 earnings for Jan. 27; a solid beat could stabilize the stock, but the report is two weeks away. Read More.
• Neutral Sentiment: RTX warned shareholders to reject a mini-tender offer at $130 — a standard protective move that matters little to fundamentals but is relevant for retail holders. Read More.
• Neutral Sentiment: Elevated options activity and headlines on RTX-related tech (NVIDIA/RTX branding noise) may raise short-term volatility without changing core aerospace fundamentals. Read More.
• Negative Sentiment: President Trump publicly criticized Raytheon/RTX for being “least responsive” to Pentagon needs and threatened to cut government contracts if buybacks/dividends continue — this direct political risk is the main reason for today’s down move. Read More.
• Negative Sentiment: Multiple outlets report Trump’s broader policy stance: he said he “will not permit” dividends or buybacks for defense firms until production issues are fixed and linked executive pay to performance — could force capital-allocation changes and margin/shareholder-return impacts if implemented. Read More. Read More. Read More. Read More.

Insider Buying and Selling

In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the stock in a transaction that occurred 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 transaction, the executive vice president owned 59,556 shares in the company, valued at approximately $10,729,013.40. This represents a 7.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.15% of the stock is currently owned by corporate insiders.

RTX Stock Down 2.5%

Shares of RTX stock opened at $185.71 on Thursday. The stock’s fifty day moving average price is $177.80 and its 200 day moving average price is $164.44. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $193.79. The company has a market cap of $248.99 billion, a price-to-earnings ratio of 38.13, a price-to-earnings-growth ratio of 2.77 and a beta of 0.44. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.07 and a quick ratio of 0.81.

RTX (NYSE:RTX) last issued its quarterly earnings results on Tuesday, October 21st. The company reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.29. The business had revenue of $22.48 billion for the quarter, compared to analyst estimates of $21.26 billion. RTX had a return on equity of 13.28% and a net margin of 7.67%.The company’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.45 earnings per share. 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 fiscal year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors 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 1.5%. RTX’s payout ratio is 55.85%.

About RTX

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.