RTX Corporation $RTX Stock Bought by Simplicity Wealth LLC

Simplicity Wealth LLC grew its holdings in RTX Corporation (NYSE:RTX) by 10.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,629 shares of the company’s stock after acquiring an additional 9,530 shares during the period. Simplicity Wealth LLC’s holdings in RTX were worth $19,053,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. BlackRock Inc. acquired a new stake in shares of RTX in the second quarter valued at $20,970,571,000. Bank of New York Mellon Corp purchased a new position in RTX in the second quarter valued at $1,456,256,000. Legal & General Group Plc purchased a new position in RTX in the second quarter valued at $1,267,256,000. Deutsche Bank AG acquired a new position in RTX during the 2nd quarter worth $725,900,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in RTX during the 2nd quarter worth $636,932,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Stock Performance

NYSE:RTX opened at $191.10 on Friday. The firm has a market capitalization of $257.88 billion, a PE ratio of 31.02, a price-to-earnings-growth ratio of 2.32 and a beta of 0.31. The business’s fifty day moving average price is $196.68 and its 200 day moving average price is $193.62. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.05 and a quick ratio of 0.78. RTX Corporation has a 12 month low of $166.74 and a 12 month high of $226.88.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. The company had revenue of $24.96 billion for the quarter, compared to analysts’ expectations of $24.11 billion. RTX had a return on equity of 14.89% and a net margin of 8.75%. RTX’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $1.70 earnings per share. On average, sell-side analysts anticipate that RTX Corporation will post 7.57 earnings per share for the current fiscal year.

Insider Transactions at RTX

In related news, VP Kevin G. Dasilva sold 2,250 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the sale, the vice president owned 20,099 shares in the company, valued at $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the sale, the executive vice president owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.10% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, an RTX business, secured a $350 million U.S. Air Force contract modification, reinforcing defense backlog visibility and supporting future revenue. RTX’s Raytheon Secures $350 Million US Air Force Contract Modification
• Positive Sentiment: Erste Group Bank raised its RTX EPS forecasts to $7.30 for fiscal 2026 and $7.90 for fiscal 2027, citing improving expectations. The 2027 estimate is above the current consensus of $7.72. Erste Group Bank RTX earnings estimates
• Positive Sentiment: Analyst commentary continues to point to record third-quarter results, strong backlogs, aircraft production growth and resilient demand for replacement parts, repairs, engines and avionics. RTX’s latest reported quarter also exceeded earnings and revenue expectations. Are RTX Corporation and Northrop Grumman Ready to Break Out?
• Positive Sentiment: Collins Aerospace plans a 2027 radio-altimeter upgrade for business aircraft to meet new FAA standards and improve resilience to 5G interference. The program could generate recurring upgrade and service demand without requiring full avionics replacements. What Does RTX Altimeter Upgrade Push Mean For Business Aviation?
• Neutral Sentiment: Several articles concern NVIDIA GeForce RTX graphics cards, stolen GPUs and gaming products. Those stories are unrelated to RTX Corporation and should not be treated as catalysts for RTX stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. DA Davidson upped their price target on RTX from $192.00 to $219.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. Jefferies Financial Group set a $250.00 price objective on RTX and gave the stock a “buy” rating in a research report on Sunday, July 26th. Deutsche Bank Aktiengesellschaft lowered shares of RTX from a “buy” rating to a “hold” rating and set a $208.00 target price on the stock. in a research note on Tuesday, October 13th. UBS Group raised their target price on shares of RTX from $209.00 to $212.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, The Goldman Sachs Group raised their target price on shares of RTX from $195.00 to $206.00 and gave the company a “neutral” rating in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $227.12.

About RTX

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.