RTX Corporation $RTX Shares Bought by Ethic Inc.

Ethic Inc. lifted its stake in shares of RTX Corporation (NYSE:RTX) by 10.4% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 79,229 shares of the company’s stock after buying an additional 7,446 shares during the quarter. Ethic Inc.’s holdings in RTX were worth $14,709,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pictet Asset Management Holding SA grew its stake in RTX by 14.2% in the 3rd quarter. Pictet Asset Management Holding SA now owns 650,903 shares of the company’s stock valued at $120,840,000 after buying an additional 80,747 shares during the last quarter. Pegasus Asset Management Inc. lifted its position in RTX by 1.1% during the third quarter. Pegasus Asset Management Inc. now owns 53,005 shares of the company’s stock worth $9,840,000 after acquiring an additional 566 shares during the last quarter. Flagship Wealth Advisors LLC lifted its position in RTX by 25.1% during the third quarter. Flagship Wealth Advisors LLC now owns 5,228 shares of the company’s stock worth $971,000 after acquiring an additional 1,048 shares during the last quarter. Plancorp LLC lifted its position in RTX by 23.9% during the third quarter. Plancorp LLC now owns 3,868 shares of the company’s stock worth $773,000 after acquiring an additional 747 shares during the last quarter. Finally, Phoenix Wealth Advisors boosted its holdings in shares of RTX by 25.6% during the third quarter. Phoenix Wealth Advisors now owns 1,523 shares of the company’s stock worth $283,000 after acquiring an additional 310 shares during the period. Institutional investors own 86.50% of the company’s stock.

Analyst Ratings Changes

RTX has been the topic of several research reports. Barclays upped their target price on RTX from $223.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft cut RTX from a “buy” rating to a “hold” rating and set a $208.00 price target for the company. in a report on Tuesday, October 13th. TD Cowen dropped their price target on RTX from $240.00 to $225.00 and set a “buy” rating for the company in a report on Friday, October 9th. BNP Paribas Exane boosted their price target on RTX from $220.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Finally, Jefferies Financial Group set a $250.00 price objective on RTX and gave the company a “buy” rating in a report on Sunday, July 26th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $231.24.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: A report highlights RTX’s substantial order base and investment in expanding production capacity. It cites a $340 billion backlog, third-quarter sales of about $25 billion, and a higher 2026 free-cash-flow outlook of $9 billion to $9.2 billion. These figures suggest demand could support growth, though execution and contract economics remain important. America’s Military Rebuild Starts With a Manufacturing Problem
• Positive Sentiment: Defense-industry earnings point to continuing demand for conventional weapons as well as drones and advanced defense systems. That broader rearmament trend could benefit RTX, which supplies air-defense systems and related equipment, although the report does not discuss RTX specifically. Tanks or drones? Defense earnings reveal a more complicated rearmament boom
• Negative Sentiment: Political uncertainty is pressuring defense-sector shares: a report says the midterm election results put a proposed $1.5 trillion defense spending request in doubt. If spending plans stall or shrink, investors may reassess future growth for contractors such as RTX. Defense Stocks Sank as Democrats Took Congress and the $1.5 Trillion Budget Looks Doomed
• Negative Sentiment: One report attributed RTX share weakness to insider selling, which can concern investors about near-term sentiment. The provided article details do not specify the seller or the size of the insider transaction. RTX Shares Down 2.7% After Insider Selling
• Negative Sentiment: ETFs sold about $39 million of RTX shares on Nov. 4. This may add near-term selling pressure, though ETF flows alone do not indicate a change in the company’s fundamentals. RTX Sees $39.0 Million in Net ETF Selling

Insider Buying and Selling

In related news, EVP Dantaya Williams sold 9,071 shares of the stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $201.70, for a total transaction of $1,829,620.70. Following the sale, the executive vice president owned 16,930 shares of the company’s stock, valued at $3,414,781. This represents a 34.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction 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 transaction, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.10% of the company’s stock.

RTX Stock Performance

NYSE RTX opened at $189.59 on Friday. The firm has a 50-day moving average price of $193.46 and a two-hundred day moving average price of $195.52. RTX Corporation has a 12-month low of $166.74 and a 12-month high of $226.88. The company has a market capitalization of $255.84 billion, a P/E ratio of 30.78, a P/E/G ratio of 2.11 and a beta of 0.30. The company has a quick ratio of 0.81, a current ratio of 1.05 and a debt-to-equity ratio of 0.44.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, October 20th. The company reported $2.26 EPS for the quarter, topping the consensus estimate of $1.78 by $0.48. RTX had a net margin of 8.75% and a return on equity of 14.89%. The company had revenue of $24.96 billion for the quarter, compared to analysts’ expectations of $24.11 billion. During the same period last year, the firm earned $1.70 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. Analysts anticipate that RTX Corporation will post 7.68 earnings per share for the current year.

RTX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Friday, November 20th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, November 20th. RTX’s payout ratio is 47.40%.

RTX Profile

RTX Corporation is an aerospace and defense company whose businesses include Collins Aerospace, Pratt & Whitney and Raytheon. The company serves commercial aviation, military and government customers around the world.

Collins Aerospace develops aircraft systems and components, including avionics, communications, flight controls and cabin equipment. Pratt & Whitney designs and manufactures aircraft engines and provides related maintenance services. Raytheon develops defense systems and technologies, including air and missile defense, sensors and precision weapons.

RTX was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation.