Why RTX Corp (RTX) Stock Could See Much Higher Prices Ahead

RTX Corp (NYSE: RTX) is 18.54% higher on its value in year-to-date trading and has touched a low of $99.07 and a high of $137.72 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 $137.20 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $137.18, the stock is 6.31% and 6.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.99 million and changing -0.01% at the moment leaves the stock 11.16% off its SMA200. RTX registered 31.60% gain for a year compared to 6-month gain of 15.35%.

The stock witnessed a 8.77% loss in the last 1 month and extending the period to 3 months gives it a 9.39%, and is 4.94% up 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 1.95% over the week and 2.18% over the month.

RTX Corp (RTX) has around 186000 employees, a market worth around $183.27B and $81.74B in sales. Current P/E ratio is 40.22 and Fwd P/E is 20.45. Profit margin for the company is 5.63%. Distance from 52-week low is 38.47% and -0.39% from its 52-week high. The company has generated returns on investments over the last 12 months (4.54%).

The EPS is expected to grow by 4.48% this year.

RTX Corp (RTX) Top Institutional Holders

The shares outstanding are 1.34B, and float is at 1.33B with Short Float at 0.78%.

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 8.7017% 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 8.6529 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 95.79 million shares representing 7.1927% 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 Johnson Amy L, the company’s Corporate VP and Controller. SEC filings show that Johnson Amy L sold 4,146 shares of the company’s common stock on May 06 ’25 at a price of $127.54 per share for a total of $0.53 million. Following the sale, the insider now owns 9546.0 shares.

Still, SEC filings show that on Apr 23 ’25, Winnefeld James A Jr (Director) acquired 200 shares at an average price of $117.90 for $23580.0. The insider now directly holds 8,000 shares of RTX Corp (RTX).

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