Robbins Farley Sells 3,869 Shares of RTX Corporation $RTX

Robbins Farley reduced its stake in RTX Corporation (NYSE:RTX) by 14.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,472 shares of the company’s stock after selling 3,869 shares during the quarter. Robbins Farley’s holdings in RTX were worth $4,172,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of RTX. Montz Harcus Wealth Management LLC grew its holdings in RTX by 3.2% during the second quarter. Montz Harcus Wealth Management LLC now owns 1,641 shares of the company’s stock valued at $311,000 after purchasing an additional 51 shares during the period. Safeguard Investment Advisory Group LLC increased its position in RTX by 2.4% in the second quarter. Safeguard Investment Advisory Group LLC now owns 2,269 shares of the company’s stock worth $430,000 after buying an additional 53 shares in the last quarter. Investment Research Partners LLC increased its position in RTX by 2.3% in the third quarter. Investment Research Partners LLC now owns 2,502 shares of the company’s stock worth $464,000 after buying an additional 56 shares in the last quarter. LexAurum Advisors LLC increased its position in RTX by 0.7% in the third quarter. LexAurum Advisors LLC now owns 8,256 shares of the company’s stock worth $1,533,000 after buying an additional 57 shares in the last quarter. Finally, Dogwood Wealth Management LLC raised its stake in shares of RTX by 21.5% in the second quarter. Dogwood Wealth Management LLC now owns 328 shares of the company’s stock worth $62,000 after buying an additional 58 shares during the period. 86.50% of the stock is owned by institutional investors.

RTX Price Performance

Shares of RTX stock opened at $193.16 on Wednesday. The company has a market capitalization of $260.34 billion, a price-to-earnings ratio of 34.01, a PEG ratio of 2.47 and a beta of 0.31. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The stock’s 50-day simple moving average is $198.46 and its 200-day simple moving average is $193.68. RTX Corporation has a 52 week low of $166.74 and a 52 week high of $226.88.

RTX (NYSE:RTX) last released its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.48. RTX had a return on equity of 13.99% and a net margin of 8.28%. The firm had revenue of $24.96 billion during the quarter, compared to analysts’ expectations of $24.11 billion. During the same quarter last year, the business posted $1.70 earnings per share. The firm’s revenue was up 11.1% on a year-over-year basis. As a group, analysts expect that RTX Corporation will post 7.23 earnings per share for the current fiscal year.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q3 results exceeded expectations. Adjusted earnings per share reached $2.26, versus the $1.78 analyst consensus, while revenue rose 11.1% year over year to approximately $25 billion. RTX Reports Q3 2026 Results
• Positive Sentiment: RTX raised its 2026 outlook for the third time this year. The company now expects adjusted sales of $97 billion to $97.5 billion, up from its previous $95 billion-$96 billion range, supported by double-digit growth and improved operating performance. RTX lifts 2026 forecasts
• Positive Sentiment: Record backlog improves revenue visibility. More than $81 billion in new commercial and defense awards during the quarter lifted total backlog to a record $340 billion. Management also said missile contracts provide nearly a decade of demand visibility. RTX Lifts Forecast
• Positive Sentiment: Defense wins add to growth momentum. RTX secured $729 million in counter-drone LIDS contracts, including its first international KuRFS and Coyote sales, while Raytheon’s Javelin joint venture received a $215 million U.S. Army launcher contract. RTX Secures LIDS Contracts
• Positive Sentiment: New aerospace products could support longer-term growth. Pratt & Whitney Canada introduced its certified PT9 turboprop engine, offering 33% more power at altitude and 20% lower fuel consumption than prior-generation engines. Collins Aerospace also launched its Tower MicroELITE air-traffic surveillance system. Pratt & Whitney Canada introduces PT9 engine
• Negative Sentiment: Cash-flow quality remains a consideration. A portion of the improvement in operating cash flow came from selling receivables, which may be less repeatable than cash generated from core operations. RTX cash recovery from receivables

Insider Buying and Selling

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the transaction, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. This represents a 17.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Troy Brunk sold 8,557 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $210.29, for a total value of $1,799,451.53. Following the completion of the transaction, the insider owned 8,809 shares of the company’s stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 29,222 shares of company stock valued at $6,362,003. Corporate insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

RTX has been the topic of several recent research reports. Argus set a $245.00 price objective on RTX and gave the stock a “buy” rating in a research note on Thursday, July 30th. DA Davidson boosted their price objective on RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. UBS Group increased their target price on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Citigroup reaffirmed a “buy” rating on shares of RTX in a report on Wednesday, October 7th. Finally, JPMorgan Chase & Co. upped their price target on shares of RTX from $215.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Eighteen equities 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $226.75.

RTX Company 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.