In Thursday’s Wall Street session, RTX Corp (NYSE:RTX) shares traded at $130.52, up 2.52% from the previous session.
RTX stock price is now 6.80% away from the 50-day moving average and 11.92% away from the 200-day moving average. The market capitalization of the company currently stands at $173.87B.
With the price target maintained at $147, UBS recently Upgraded its rating from Neutral to Buy for RTX Corp (NYSE: RTX). , while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Maharajh Ramsaran, EVP and General Counsel sold 19,431 shares of the company’s stock on Feb 25 ’25. The stock was sold for $2,464,253 at an average price of $126.82. Upon completion of the transaction, the EVP and General Counsel now directly owns 29,742 shares in the company, valued at $3.88 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 27 ’25, Officer Christopher Calio bought 27,379 shares of the business’s stock. A total of $3,569,135 was incurred on buying the stock at an average price of $130.36. A total of 0.09% of the company’s stock is owned by insiders.
During the past 12 months, RTX Corp has had a low of $88.95 and a high of $132.43. As of last week, the company has a debt-to-equity ratio of 0.72, a current ratio of 0.99, and a quick ratio of 0.74.
The net profit margin was 5.91% and return on equity was 7.96% for RTX. The company reported revenue of $21.62 billion for the quarter, compared to $19.93 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.51 percent.
