Rockland Trust Co. significantly increased its stake in RTX Corporation by 121.1% in the third quarter of 2025, now holding 20,245 shares valued at $3.388 million. This comes as RTX beat quarterly earnings and revenue estimates and set strong FY2026 guidance, leading to a “Moderate Buy” consensus rating from analysts with an average target price of $199.50. Despite positive sentiment and a dividend declaration, the stock faces valuation concerns due to its high P/E ratio, prompting some analysts to recommend waiting for a pullback.
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Rockland Trust Co. Raises Stock Holdings in RTX Corporation $RTX
Rockland Trust Co. significantly increased its stake in RTX Corporation by 121.1% in the third quarter of 2025, now holding 20,245 shares valued at $3.388 million. This comes as RTX beat quarterly earnings and revenue estimates and set strong FY2026 guidance, leading to a “Moderate Buy” consensus rating from analysts with an average target price of $199.50. Despite positive sentiment and a dividend declaration, the stock faces valuation concerns due to its high P/E ratio, prompting some analysts to recommend waiting for a pullback.