RTX Target of Unusually Large Options Trading (NYSE:RTX)

RTX Corporation (NYSE:RTX) was the target of unusually large options trading on Thursday. Traders acquired 66,251 call options on the company. This is an increase of 300% compared to the typical daily volume of 16,557 call options.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on RTX. Susquehanna upped their price objective on shares of RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a report on Friday, July 24th. Citigroup reiterated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. UBS Group upped their target price on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $238.00 price target on shares of RTX in a research report on Monday, July 27th. Finally, Argus set a $245.00 price target on RTX in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $228.59.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

Insider Buying and Selling

In other RTX news, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $210.29, for a total value of $1,799,451.53. Following the transaction, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the sale, the vice president directly owned 22,349 shares of the company’s stock, valued at $4,774,193.38. This trade represents a 17.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 15,567 shares of company stock worth $3,304,375. 0.10% of the stock is owned by company insiders.

Institutional Trading of RTX

Hedge funds have recently bought and sold shares of the business. Alpha Cubed Investments LLC boosted its holdings in shares of RTX by 0.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after buying an additional 50 shares during the last quarter. Schulhoff & Co. Inc. raised its position in RTX by 1.7% in the fourth quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock worth $585,000 after acquiring an additional 52 shares during the period. Purus Wealth Management LLC boosted its stake in RTX by 0.4% in the fourth quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock valued at $2,700,000 after acquiring an additional 53 shares during the last quarter. Sunbeam Capital Management LLC boosted its stake in RTX by 1.6% in the fourth quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock valued at $620,000 after acquiring an additional 53 shares during the last quarter. Finally, Sequent Planning LLC grew its position in shares of RTX by 1.6% during the 4th quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock valued at $617,000 after acquiring an additional 54 shares during the period. 86.50% of the stock is currently owned by institutional investors.

RTX Stock Up 1.1%

Shares of NYSE RTX traded up $2.40 during trading on Friday, hitting $222.88. The stock had a trading volume of 2,870,204 shares, compared to its average volume of 5,250,962. The firm has a fifty day moving average of $200.02 and a two-hundred day moving average of $194.86. The company has a market capitalization of $300.38 billion, a PE ratio of 39.24, a PEG ratio of 2.62 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. RTX has a 12 month low of $150.61 and a 12 month high of $226.88.

RTX (NYSE:RTX) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. During the same period in the previous year, the company earned $1.56 earnings per share. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities research analysts forecast that RTX will post 7.22 EPS for the current fiscal year.

RTX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s payout ratio is presently 51.41%.

RTX Company Profile

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.