Insights Into RTX Corp (RTX) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Most recently, Yahoo Finance reported about the stock as it publicized that RTX’s Raytheon completes first flight test for new AMRAAM-ER variant.

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Stocks Info

RTX Corp is listed on the NYSE in the Industrials sector while operating in the Aerospace & Defense industry. The current market capitalization of RTX Corp is $119.15B. A total of 11.57 million shares were traded on the day, compared to an average of 7.53M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, RTX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 2 BUYs and 5 SELLs from insiders. Insiders purchased 533 shares during that period but sold 5,914.

In the most recent transaction, Eddy Shane G sold 35,456 shares of RTX for 91.19 per share on Feb 14. After the transaction, the President, P&W now owns 6,741 company shares. In a previous transaction on Feb 07, Mitchill Neil G. JR sold 1,545 shares at 92.36 per share. RTX shares that EVP, Chief Financial Officer owns now total 49,894.

Among the insiders who sold shares, Calio Christopher T. disposed of 367 shares on Feb 07 at a per-share price of $92.63. This resulted in the President and COO holding 56,707 shares of RTX after the transaction. In another insider transaction, Maharajh Ramsaran sold 312 shares at $92.17 per share on Feb 07. Company shares held by the EVP and General Counsel now total 11,676.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. RTX Corp pays an annual dividend of $2.36, resulting in a dividend yield of 2.63%, and it has a price to earnings (P/E) ratio of 40.12. RTX’s most recent ex-dividend date was 2/22/2024 when it declared a $0.59 quarterly dividend that was paid in cash on 3/21/2024. Previously, the company paid the dividend on 12/14/2023 with an ex-dividend date of 11/16/2023. The RTX stock dividend was $0.59 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, RTX has a high of $104.91 and a low of $68.56.

As of this writing, RTX has an earnings estimate of $1.22 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $1.31 per share and a lower estimate of $1.11. The company reported an EPS of $1.14 in the last quarter, which was 3.60% higher than expectations of $1.1.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. RTX’s latest balance sheet shows that the firm has $7.83B in Cash & Short Term Investments as of fiscal 2021. There were $33.14B in debt and $35.45B in liabilities at the time. Its Book Value Per Share was $45.07, while its Total Shareholder’s Equity was $74.70B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RTX is Buy with a score of 3.42.

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