In the latest trading session,, 0.93 million RTX Corp (NYSE:RTX) shares changed hands as the company’s beta touched 0.59. With the company’s most recent per share price at $125.51 changing hands around $0.71 or 0.57% at last look, the market valuation stands at $167.68B. RTX’s current price is a discount, trading about -8.49% off its 52-week high of $136.17. The share price had its 52-week low at $99.07, which suggests the last value was 21.07% up since then. When we look at RTX Corp’s average trading volume, we note the 10-day average is 7.11 million shares, with the 3-month average coming to 5.65 million.
Analysts gave the RTX Corp (RTX) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.77. If we narrow down to specifics, the data shows that 0 out of 16 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 9 recommended RTX as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. RTX Corp’s EPS for the current quarter is expected to be 1.43.
RTX Corp (NYSE:RTX) trade information
Instantly RTX is in green as seen in intraday trades today. With action 10.34%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 8.46%, with the 5-day performance at 10.34% in the green. However, in the 30-day time frame, RTX Corp (NYSE:RTX) is -4.71% down. Looking at the short shares, we see there were 8.6 million shares sold at short interest cover period of 1.54 days.
The consensus price target for the stock as assigned by Wall Street analysts is 140, meaning bulls need an upside of 10.35% from its recent market value. According to analyst projections, RTX’s forecast low is 140 with 140 as the target high. To hit the forecast high, the stock’s price needs a -11.54% plunge from its current level, while the stock would need to soar -11.54% for it to hit the projected low.
RTX Corp (RTX) estimates and forecasts
Year-over-year growth is forecast to reach 4.36% up from the last financial year.
Consensus estimates given by 17 financial analysts project the company’s revenue in the current quarter to hit an average of 20.71B. 17 analysts are of the opinion that RTX Corp’s revenue for the current quarter will be 20.91B. The company’s revenue for the corresponding quarters a year ago was 19.79B and 20.09B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4.65%. The estimates for the next quarter sales put growth at 4.07%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -11.13%. The 2025 estimates are for RTX Corp earnings to increase by 4.44%, but the outlook for the next 5-year period is at 9.35% per year.
RTX Dividends
RTX Corp is expected to release its next quarterly earnings report on 2025-Apr-21. The 2.01% annual yield figure for the share gives it an annual dividend of 2.52. It is important to note, however, that the 2.01% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.58 per year.
RTX Corp (NYSE:RTX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.08% of RTX Corp shares while 81.81% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 81.87%. There are 81.81% institutions holding the RTX Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 8.7017% of the shares, roughly 115.89 million RTX shares worth $11.63 billion.
STATE STREET CORP holds the second largest percentage of outstanding shares, with 8.6529% or 115.24 million shares worth $11.57 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 41.69 shares estimated at $5.23 billion under it, the former controlled 3.12% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.70% of the shares, roughly 36.03 shares worth around $4.52 billion.
