Lynx Capital Group Ltd. ADV Buys 24,603 Shares of RTX Corporation $RTX

Lynx Capital Group Ltd. ADV bought a new position in RTX Corporation (NYSE:RTX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 24,603 shares of the company’s stock, valued at approximately $4,568,000. RTX comprises about 1.8% of Lynx Capital Group Ltd. ADV’s investment portfolio, making the stock its 19th biggest holding.

A number of other hedge funds have also made changes to their positions in the company. BlackRock Inc. bought a new position in RTX during the 2nd quarter valued at about $20,970,571,000. State Street Corp boosted its position in RTX by 3.1% in the second quarter. State Street Corp now owns 95,417,318 shares of the company’s stock valued at $18,103,528,000 after buying an additional 2,828,056 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in RTX by 5.0% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock worth $1,649,501,000 after buying an additional 411,356 shares during the last quarter. Amundi grew its stake in RTX by 4.0% during the second quarter. Amundi now owns 7,768,207 shares of the company’s stock worth $1,473,862,000 after buying an additional 295,964 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in RTX during the second quarter worth about $1,456,256,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Key Headlines Impacting RTX

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?

RTX Price Performance

Shares of RTX stock opened at $200.39 on Wednesday. RTX Corporation has a 1 year low of $166.74 and a 1 year high of $226.88. The company has a current ratio of 1.05, a quick ratio of 0.81 and a debt-to-equity ratio of 0.44. The firm’s 50 day moving average is $193.00 and its 200-day moving average is $195.54. The firm has a market capitalization of $270.41 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 2.17 and a beta of 0.30.

RTX (NYSE:RTX) last issued its quarterly earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. The business had revenue of $24.96 billion during 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%. During the same quarter last year, the business posted $1.70 earnings per share. RTX’s revenue for the quarter was up 11.1% compared to the same quarter last year. Sell-side analysts forecast that RTX Corporation will post 7.73 EPS for the current fiscal year.

RTX Dividend Announcement

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

Wall Street Analysts Forecast Growth

RTX has been the subject of a number of research analyst reports. Sanford C. Bernstein cut their target price on shares of RTX from $223.00 to $214.00 and set a “market perform” rating for the company in a research note on Thursday, October 15th. Citigroup reissued a “buy” rating on shares of RTX in a report on Wednesday, October 7th. Morgan Stanley restated an “overweight” rating and set a $240.00 price target (up from $220.00) on shares of RTX in a research report on Friday, July 24th. DA Davidson raised their price target on RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Finally, Weiss Ratings upgraded RTX from a “buy (b)” rating to a “buy (a-)” rating in a research report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $231.24.

Insiders Place Their Bets

In other news, EVP Dantaya Williams sold 9,071 shares of RTX stock in a transaction on Friday, October 30th. The stock was sold at an average price of $201.70, for a total value of $1,829,620.70. Following the completion of the sale, the executive vice president directly owned 16,930 shares of the company’s stock, valued at approximately $3,414,781. This trade represents a 34.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction on 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 sale, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This trade represents 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 currently owned by company insiders.

RTX Profile

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.