Is RTX Corp (NYSE: RTX) The Best Stock To Invest In?

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.

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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 $138.06B. A total of 4.21 million shares were traded on the day, compared to an average of 6.40M shares.

In the most recent transaction, Timm Stephen J. sold 19,880 shares of RTX for 105.72 per share on May 10 ’24. After the transaction, the President, Collins Aerospace now owns 149,050 company shares. In a previous transaction on Apr 30 ’24, Ortberg Robert Kelly sold 10,295 shares at 101.97 per share. RTX shares that Director owns now total 129,120.

Among the insiders who sold shares, HAYES GREGORY disposed of 89,762 shares on Apr 25 ’24 at a per-share price of $101.44. This resulted in the Chairman and CEO holding 636,759 shares of RTX after the transaction. In another insider transaction, Williams Dantaya M sold 105 shares at $90.54 per share on Mar 08 ’24. Company shares held by the EVP & Chief HR Officer now total 33,667.

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 $2.40, resulting in a dividend yield of 2.31%, and it has a price to earnings (P/E) ratio of 40.73. RTX’s most recent ex-dividend date was 8/16/2024 when it declared a $0.63 quarterly dividend that was paid in cash on 9/5/2024. Previously, the company paid the dividend on 6/13/2024 with an ex-dividend date of 5/16/2024. The RTX stock dividend was $0.63 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 $108.65 and a low of $68.56.

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 $45.49, 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 3.48.

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