RTX (NYSE:RTX) Stock Acquired Sen. John Boozman

Senator John Boozman (R-Arkansas) recently bought shares of RTX Corporation NYSE: RTX. In a filing disclosed on June 14th, the Senator disclosed that they had bought between $1,001 and $15,000 in RTX stock on May 30th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Micron Technology NASDAQ: MU on 6/11/2025.
• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Invesco Short Term Treasury ETF NYSEARCA: TBLL on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Fortune Brands Innovations NYSE: FBIN on 5/30/2025.
• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 5/30/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 5/20/2025.
• Sold $1,001 - $15,000 in shares of NRG Energy NYSE: NRG on 5/20/2025.
• Sold $1,001 - $15,000 in shares of General Dynamics NYSE: GD on 5/20/2025.
• Sold $1,001 - $15,000 in shares of DTE Energy NYSE: DTE on 5/20/2025.

RTX Stock Down 0.6%

NYSE:RTX traded down $0.94 on Thursday, hitting $155.55. The stock had a trading volume of 2,407,249 shares, compared to its average volume of 5,423,970. The business's fifty day moving average is $142.15 and its 200 day moving average is $132.07. The company has a market cap of $207.81 billion, a PE ratio of 34.19, a P/E/G ratio of 2.79 and a beta of 0.64. The company has a quick ratio of 0.75, a current ratio of 1.01 and a debt-to-equity ratio of 0.60. RTX Corporation has a 52 week low of $109.45 and a 52 week high of $157.24.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.45 by $0.11. The firm had revenue of $21.58 billion during the quarter, compared to the consensus estimate of $20.68 billion. RTX had a return on equity of 12.89% and a net margin of 7.35%. The company's quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.41 earnings per share. On average, equities research analysts expect that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Friday, August 15th will be issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.75%. RTX's payout ratio is currently 79.77%.

Analysts Set New Price Targets

A number of brokerages recently commented on RTX. Sanford C. Bernstein set a $154.00 price target on RTX and gave the company a "market perform" rating in a research report on Friday, July 11th. Susquehanna increased their price target on RTX from $160.00 to $175.00 and gave the company a "positive" rating in a research report on Wednesday. Morgan Stanley increased their price target on RTX from $165.00 to $180.00 and gave the company an "overweight" rating in a research report on Wednesday. Cowen reaffirmed a "buy" rating on shares of RTX in a research report on Friday, May 23rd. Finally, The Goldman Sachs Group raised their target price on RTX from $114.00 to $126.00 and gave the stock a "neutral" rating in a research report on Monday, June 23rd. Six equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $173.67.

Insider Buying and Selling at RTX

In other news, VP Amy L. Johnson sold 4,146 shares of the firm's stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $127.54, for a total value of $528,780.84. Following the transaction, the vice president directly owned 9,546 shares in the company, valued at $1,217,496.84. This trade represents a 30.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Dantaya M. Williams sold 16,922 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $137.62, for a total value of $2,328,805.64. Following the completion of the transaction, the executive vice president owned 16,538 shares in the company, valued at approximately $2,275,959.56. This trade represents a 50.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.15% of the company's stock.

Institutional Trading of RTX

Several institutional investors have recently added to or reduced their stakes in the business. WMG Financial Advisors LLC purchased a new stake in RTX during the 2nd quarter valued at $222,000. Coordinated Financial Services Inc. purchased a new stake in RTX during the 2nd quarter valued at $541,000. Horizon Bancorp Inc. IN boosted its stake in RTX by 93.1% during the 2nd quarter. Horizon Bancorp Inc. IN now owns 3,823 shares of the company's stock valued at $558,000 after purchasing an additional 1,843 shares during the last quarter. Callan Family Office LLC boosted its stake in RTX by 194.8% during the 2nd quarter. Callan Family Office LLC now owns 109,786 shares of the company's stock valued at $16,031,000 after purchasing an additional 72,539 shares during the last quarter. Finally, Blair William & Co. IL boosted its stake in RTX by 2.6% during the 2nd quarter. Blair William & Co. IL now owns 360,823 shares of the company's stock valued at $52,687,000 after purchasing an additional 9,211 shares during the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas' U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman's academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

About RTX

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.