New insider activity at RTX ( (RTX) ) has taken place on February 20, 2025.
Recent transactions of RTX stock reveal significant sales by key executives. VP & Treasurer Kevin Dasilva sold 10,368 shares, totaling $1,296,805. Director Gregory Hayes made two separate transactions, selling 43,300 shares for $5,419,861 and 107,030 shares for $13,273,727, respectively. Additionally, President of P&W, Eddy Shane G, sold 15,700 shares worth $1,953,865.
Recent Updates on RTX stock
RTX has recently been awarded a significant $186.04 million contract for sustaining F135 engines in F-35 aircraft, which could positively impact its financial outlook. Additionally, Raytheon, a business under RTX, successfully completed 10 subsystem demonstrations for the U.S. Army’s Next-Generation Short-Range Interceptor, highlighting its capabilities in defense innovation. Meanwhile, Argus has upgraded RTX to ‘Buy’ from ‘Hold’ due to the company’s strong organic sales growth, margin expansion, and increased demand for military products, particularly in international markets, which contribute to higher margins. Furthermore, the anticipated growth in air travel and the aftermarket business, along with improvements in the supply chain, are seen as promising factors for RTX’s future performance.
More about RTX
YTD Price Performance: 6.68%
Average Trading Volume: 4,582,444
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $164.9B