Lynx Capital Group Ltd. ADV Purchases New Holdings in RTX Corporation $RTX

Lynx Capital Group Ltd. ADV acquired a new stake in RTX Corporation (NYSE:RTX) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 24,603 shares of the company’s stock, valued at approximately $4,568,000. RTX makes up 1.8% of Lynx Capital Group Ltd. ADV’s portfolio, making the stock its 19th biggest holding.

Other large investors have also bought and sold shares of the company. BlackRock Inc. acquired a new stake in RTX during the 2nd quarter worth $20,970,571,000. Bank of New York Mellon Corp bought a new stake in shares of RTX during the 2nd quarter valued at $1,456,256,000. Legal & General Group Plc bought a new stake in shares of RTX during the 2nd quarter valued at $1,267,256,000. Deutsche Bank AG acquired a new position in shares of RTX in the 2nd quarter valued at $725,900,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of RTX in the 2nd quarter valued at $636,932,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other RTX news, EVP Dantaya M. Williams sold 9,071 shares of RTX stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $201.70, for a total transaction of $1,829,620.70. Following the transaction, the executive vice president directly owned 16,930 shares in the company, valued at approximately $3,414,781. The trade was a 34.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by corporate insiders.

RTX Stock Up 2.1%

Shares of NYSE:RTX opened at $200.39 on Wednesday. RTX Corporation has a 52 week low of $166.74 and a 52 week high of $226.88. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.81 and a current ratio of 1.05. The company has a market capitalization of $270.41 billion, a PE ratio of 32.53, a PEG ratio of 2.17 and a beta of 0.30. The company has a 50 day moving average price of $193.00 and a two-hundred day moving average price of $195.54.

RTX (NYSE:RTX) last posted its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.48. The company had revenue of $24.96 billion for the quarter, compared to analyst estimates of $24.11 billion. RTX had a net margin of 8.75% and a return on equity of 14.89%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the business posted $1.70 earnings per share. Analysts forecast that RTX Corporation will post 7.73 earnings per share for the current year.

RTX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Friday, November 20th will be given a $0.73 dividend. The ex-dividend date is Friday, November 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.5%. RTX’s dividend payout ratio is currently 47.40%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on RTX shares. JPMorgan Chase & Co. raised their price target on RTX from $215.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Weiss Ratings upgraded RTX from a “buy (b)” rating to a “buy (a-)” rating in a report on Thursday, October 22nd. Citigroup reissued a “buy” rating on shares of RTX in a research note on Wednesday, October 7th. TD Cowen cut their target price on RTX from $240.00 to $225.00 and set a “buy” rating on the stock in a research note on Friday, October 9th. Finally, Deutsche Bank Aktiengesellschaft cut RTX from a “buy” rating to a “hold” rating and set a $208.00 target price on the stock. in a report on Tuesday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, RTX currently has an average rating of “Moderate Buy” and a consensus price target of $231.24.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: An outlook piece points to potential margin expansion and cash-flow growth in 2027, suggesting improving profitability could support RTX’s financial performance. RTX sees margin expansion, cash flow growth in 2027
• Positive Sentiment: Raytheon completed a third successful flight test of its DeepStrike JR3 training rocket for the U.S. Army. The milestone advances the program, although it is not itself confirmation of a production award. Raytheon advances Joint Reduced Range Rocket with third successful flight test
• Positive Sentiment: RTX’s Raytheon reportedly plans to increase Tomahawk and AMRAAM missile production substantially by 2030, signaling potential long-term demand and growth opportunities. Tomahawk, AMRAAM missiles could see fourfold production surge by 2030 under RTX plan
• Positive Sentiment: Zacks added RTX to its Rank #1 (Strong Buy) lists, a favorable analyst-screening signal, though such rankings do not guarantee future returns. New Strong Buy Stocks for November 10th
• Neutral Sentiment: A valuation article asks whether RTX’s share price is supported by expected cash generation after substantial three-year gains, highlighting valuation as a consideration alongside recent defense wins. Is RTX Still Near Fair Value After New Defense Wins?

About RTX

RTX Corporation is an aerospace and defense company whose businesses include Collins Aerospace, Pratt & Whitney and Raytheon. The company serves commercial aviation, military and government customers around the world. Collins Aerospace develops aircraft systems and components, including avionics, communications, flight controls and cabin equipment. Pratt & Whitney designs and manufactures aircraft engines and provides related maintenance services. Raytheon develops defense systems and technologies, including air and missile defense, sensors and precision weapons.