Eastern Bank Buys 41,461 Shares of RTX Corporation $RTX

Eastern Bank raised its stake in shares of RTX Corporation (NYSE:RTX) by 108.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 79,799 shares of the company’s stock after purchasing an additional 41,461 shares during the period. Eastern Bank’s holdings in RTX were worth $13,353,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. PFS Partners LLC increased its holdings in RTX by 101.1% in the 2nd quarter. PFS Partners LLC now owns 177 shares of the company’s stock worth $26,000 after acquiring an additional 89 shares in the last quarter. LFA Lugano Financial Advisors SA purchased a new stake in shares of RTX in the second quarter worth $29,000. Access Investment Management LLC purchased a new stake in shares of RTX in the second quarter worth $31,000. SOA Wealth Advisors LLC. raised its position in shares of RTX by 57.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock valued at $32,000 after purchasing an additional 70 shares during the period. Finally, Clayton Financial Group LLC purchased a new position in shares of RTX during the 3rd quarter valued at $36,000. Institutional investors own 86.50% of the company’s stock.

Insider Buying and Selling at RTX

In other news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the company’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $180.15, for a total transaction of $873,547.35. Following the sale, the executive vice president directly 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 the SEC website. 0.15% of the stock is currently owned by company insiders.

RTX Stock Performance

NYSE:RTX opened at $193.70 on Wednesday. The company has a market cap of $259.71 billion, a price-to-earnings ratio of 39.77, a PEG ratio of 2.82 and a beta of 0.44. RTX Corporation has a 1 year low of $112.27 and a 1 year high of $197.55. The stock’s 50 day simple moving average is $178.90 and its two-hundred day simple moving average is $165.93. 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 posted its earnings results on Tuesday, October 21st. The company reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.29. RTX had a net margin of 7.67% and a return on equity of 13.28%. The firm had revenue of $22.48 billion during the quarter, compared to analyst estimates of $21.26 billion. During the same period last year, the firm posted $1.45 earnings per share. RTX’s revenue for the quarter was up 11.9% compared to the same quarter last year. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. As a group, equities analysts anticipate that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Friday, November 21st were paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, November 21st. RTX’s dividend payout ratio (DPR) is presently 55.85%.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Market momentum — coverage notes RTX hit an all-time high recently, reflecting investor confidence and momentum into year-start trading. Rtx stock hits all-time high at $196.79
• Positive Sentiment: Defense spending tailwinds — analysts argue RTX is well-placed to benefit from proposed U.S. defense budget increases, which would improve multi-year revenue visibility for major contractors. Is RTX Well-Placed to Benefit From Higher Defense Spending?
• Positive Sentiment: Bullish options activity — unusually large call buying was reported (roughly 15,946 calls, ~37% above average), indicating speculative or institutional bullish positioning that can amplify near-term upside. A Closer Look at RTX’s Options Market Dynamics
• Neutral Sentiment: Stock performance write-ups — separate commentary highlights RTX outperformed the market recently, useful context but largely descriptive of price action rather than new fundamental news. RTX (RTX) Laps the Stock Market: Here’s Why
• Neutral Sentiment: Many consumer/GPU headlines (new GPUs, discounts, benchmarks, giveaways, AIB delays) reference Nvidia’s “RTX” GPU brand and have limited direct impact on RTX Corporation’s aerospace business—monitor only if semiconductor-cycle news begins to affect broader supplier markets. Examples include product/price stories and a reported delay of an Nvidia refresh. This Modular Mini PC Packs Panther Lake And A GeForce RTX 5060 Ti eGPU Dock
• Neutral Sentiment: Industry timing notes (e.g., AMD GPU roadmap, new benchmarks) are relevant to GPU markets and consumer demand but not directly to RTX Corp’s defense/aero fundamentals. AMD RDNA 5 GPUs may launch after Nvidia

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of RTX in a research note on Monday, December 29th. Citigroup increased their target price on RTX from $211.00 to $227.00 and gave the stock a “buy” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $195.00 price target on shares of RTX in a report on Wednesday, October 8th. BNP Paribas Exane began coverage on shares of RTX in a report on Tuesday, November 18th. They set an “outperform” rating and a $210.00 price objective for the company. Finally, Susquehanna boosted their target price on shares of RTX from $175.00 to $205.00 and gave the stock a “positive” rating in a report on Wednesday, October 22nd. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $185.41.

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.