RTX Corp (NYSE: RTX) is 10.71% higher on its value in year-to-date trading and has touched a low of $89.44 and a high of $135.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RTX stock was last observed hovering at around $128.52 in the last trading session, with the day’s loss setting it -0.41%.
Currently trading at $128.11, the stock is 0.45% and 3.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.4 million and changing -0.32% at the moment leaves the stock 8.94% off its SMA200. RTX registered 41.48% gain for a year compared to 6-month gain of 8.16%.
The stock witnessed a 0.13% loss in the last 1 month and extending the period to 3 months gives it a 8.09%, and is -0.46% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.09% over the week and 2.04% over the month.
RTX Corp (RTX) has around 186000 employees, a market worth around $171.04B and $80.74B in sales. Current P/E ratio is 36.06 and Fwd P/E is 18.73. Profit margin for the company is 5.91%. Distance from 52-week low is 43.23% and -5.35% from its 52-week high. The company has generated returns on investments over the last 12 months (4.75%).
with sales reaching $19.82B over the same period.The EPS is expected to grow by 6.98% this year, but quarterly earnings will post 4.36% year-over-year. Quarterly sales are estimated to grow 2.65% in year-over-year returns.
RTX Corp (RTX) Top Institutional Holders
The shares outstanding are 1.33B, and float is at 1.33B with Short Float at 0.83%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 115.89 million shares valued at $11.63 billion. The investor’s holdings represent 8.7174% of the RTX Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 115.24 million shares valued at $11.57 billion to account for 8.6685 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 95.79 million shares representing 7.2057% and valued at over $9.62 billion, while CAPITAL RESEARCH GLOBAL INVESTORS holds 6.87 of the shares totaling 91.49 million with a market value of $9.19 billion.
RTX Corp (RTX) Insider Activity
The most recent transaction is an insider sale by Mitchill Neil G. JR, the company’s EVP, Chief Financial Officer. SEC filings show that Mitchill Neil G. JR sold 16,118 shares of the company’s common stock on Feb 27 ’25 at a price of $130.35 per share for a total of $2.1 million. Following the sale, the insider now owns 59556.0 shares.
RTX Corp disclosed in a document filed with the SEC on Feb 27 ’25 that Calio Christopher T. (President and CEO) sold a total of 27,379 shares of the company’s common stock. The trade occurred on Feb 27 ’25 and was made at $130.36 per share for $3.57 million. Following the transaction, the insider now directly holds 81508.0 shares of the RTX stock.
Still, SEC filings show that on Feb 25 ’25, Maharajh Ramsaran (EVP and General Counsel) disposed off 19,431 shares at an average price of $126.82 for $2.46 million. The insider now directly holds 29,742 shares of RTX Corp (RTX).
