Cyndeo Wealth Partners LLC Grows Stake in RTX Corporation $RTX

Cyndeo Wealth Partners LLC increased its holdings in shares of RTX Corporation (NYSE:RTX) by 108.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,792 shares of the company’s stock after purchasing an additional 30,058 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in RTX were worth $9,670,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PFS Partners LLC lifted its position in shares of RTX by 101.1% during the 2nd quarter. PFS Partners LLC now owns 177 shares of the company’s stock worth $26,000 after buying an additional 89 shares during the last quarter. LFA Lugano Financial Advisors SA purchased a new stake in RTX in the second quarter valued at $29,000. Access Investment Management LLC purchased a new stake in RTX in the second quarter valued at $31,000. BOK Financial Private Wealth Inc. grew its holdings in shares of RTX by 45.3% during the second quarter. BOK Financial Private Wealth Inc. now owns 250 shares of the company’s stock worth $37,000 after purchasing an additional 78 shares during the last quarter. Finally, Howard Hughes Medical Institute purchased a new position in shares of RTX during the second quarter worth about $42,000. 86.50% of the stock is owned by institutional investors and hedge funds.

Key Stores Impacting RTX

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

Analyst Upgrades and Downgrades

RTX has been the subject of a number of research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of RTX in a research report on Friday, October 31st. Sanford C. Bernstein increased their price objective on RTX from $157.00 to $181.00 and gave the company a “market perform” rating in a report on Monday, October 6th. BNP Paribas Exane began coverage on shares of RTX in a research report on Tuesday, November 18th. They set an “outperform” rating and a $210.00 target price on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $195.00 price target on shares of RTX in a research report on Wednesday, October 8th. Finally, The Goldman Sachs Group raised their price objective on shares of RTX from $151.00 to $168.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 22nd. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $184.18.

RTX Stock Performance

NYSE:RTX opened at $182.19 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.07 and a quick ratio of 0.81. The firm has a market cap of $244.27 billion, a price-to-earnings ratio of 37.41, a price-to-earnings-growth ratio of 2.82 and a beta of 0.44. The firm’s fifty day moving average price is $173.37 and its 200 day moving average price is $160.38. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $183.24.

RTX (NYSE:RTX) last released its earnings results on Tuesday, October 21st. The company reported $1.70 EPS for the quarter, topping the consensus estimate of $1.41 by $0.29. The company had revenue of $22.48 billion during the quarter, compared to analysts’ expectations of $21.26 billion. RTX had a net margin of 7.67% and a return on equity of 13.28%. The business’s revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the business earned $1.45 EPS. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. On average, sell-side analysts expect that RTX Corporation will post 6.11 EPS for the current year.

RTX Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Friday, November 21st were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, November 21st. RTX’s payout ratio is currently 55.85%.

Insider Transactions at RTX

In other news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $180.15, for a total transaction of $873,547.35. Following the completion of the transaction, the executive vice president directly owned 59,556 shares of the company’s stock, 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 SEC, which is accessible through this hyperlink. Insiders own 0.15% of the company’s stock.

RTX 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.