Greg Jennings LLC bought a new position in shares of RTX Corporation (NYSE:RTX – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,124 shares of the company’s stock, valued at approximately $766,000.
Several other large investors also recently bought and sold shares of RTX. Abel Hall LLC lifted its holdings in shares of RTX by 16.0% in the third quarter. Abel Hall LLC now owns 1,849 shares of the company’s stock valued at $343,000 after purchasing an additional 255 shares in the last quarter. Prairie Advisory LLC raised its position in shares of RTX by 100.3% during the 3rd quarter. Prairie Advisory LLC now owns 2,314 shares of the company’s stock worth $429,000 after purchasing an additional 1,159 shares during the last quarter. LexAurum Advisors LLC raised its position in shares of RTX by 0.7% during the 3rd quarter. LexAurum Advisors LLC now owns 8,256 shares of the company’s stock worth $1,533,000 after purchasing an additional 57 shares during the last quarter. Jackson Square Capital LLC lifted its stake in RTX by 3.8% in the 3rd quarter. Jackson Square Capital LLC now owns 5,910 shares of the company’s stock valued at $1,097,000 after buying an additional 219 shares in the last quarter. Finally, Foguth Wealth Management LLC. lifted its stake in RTX by 38.5% in the 3rd quarter. Foguth Wealth Management LLC. now owns 2,416 shares of the company’s stock valued at $469,000 after buying an additional 671 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.
Insider Transactions at RTX
In related news, VP Kevin G. Dasilva sold 2,250 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total transaction of $488,092.50. Following the sale, the vice president owned 20,099 shares in the company, valued at $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the transaction, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This represents a 50.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is currently owned by corporate insiders.
RTX Trading Down 0.7%
Shares of RTX traded down $1.41 during trading hours on Monday, hitting $192.51. The stock had a trading volume of 6,822,840 shares, compared to its average volume of 5,333,709. The firm has a market cap of $259.46 billion, a P/E ratio of 33.89, a P/E/G ratio of 2.50 and a beta of 0.31. RTX Corporation has a 12-month low of $159.45 and a 12-month high of $226.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The company’s fifty day simple moving average is $199.69 and its 200 day simple moving average is $193.70.
RTX (NYSE:RTX – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. During the same period in the prior year, the company earned $1.56 EPS. The firm’s revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities research analysts forecast that RTX Corporation will post 7.22 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research firms have weighed in on RTX. Jefferies Financial Group set a $250.00 price target on RTX and gave the stock a “buy” rating in a research report on Sunday, July 26th. Barclays initiated coverage on RTX in a research note on Friday, October 9th. They set an “overweight” rating and a $223.00 price objective on the stock. Rothschild & Co Redburn lifted their price objective on RTX from $180.00 to $215.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. UBS Group lifted their price objective on RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, BNP Paribas Exane boosted their target price on shares of RTX from $220.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Eighteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $226.75.
Get Our Latest Analysis on RTX
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: The U.S. Army awarded the Javelin Joint Venture, a partnership between Raytheon (an RTX business) and Lockheed Martin, a $215 million contract to produce Lightweight Command Launch Units. The award supports RTX’s defense backlog and highlights continued demand for modernized missile systems. U.S. Army awards Javelin Joint Venture contract
- Positive Sentiment: RTX’s previous quarter surpassed analyst expectations for both earnings and revenue, while management raised full-year guidance. That performance provides a favorable setup for the upcoming report and supports the company’s aerospace and defense growth narrative. RTX earnings preview
- Neutral Sentiment: RTX is scheduled to report third-quarter results Tuesday. Investors will focus on whether sales, margins, cash flow and updated guidance can justify expectations for another earnings beat or guidance increase. With the stock trading at a premium valuation, results may need to exceed expectations to generate additional upside. RTX reports Q3 earnings preview
- Negative Sentiment: The earnings setup creates near-term downside risk: analysts already anticipate another strong quarter and potentially higher guidance. Any signs of production constraints, weaker commercial aerospace recovery, margin pressure or cautious outlook could prompt profit-taking, particularly given RTX’s elevated P/E ratio.
RTX Profile
RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and manufactures products and systems for commercial aviation, business aviation, military aircraft and government customers. Its portfolio includes aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, air and missile defense systems, precision weapons, radars and advanced sensors.
The company operates through three principal businesses: Collins Aerospace, which supplies aerospace systems and components; Pratt & Whitney, which designs and produces aircraft engines and related services; and Raytheon, which provides defense and intelligence technologies.
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