4,652 RTX Corporation $RTX Shares Sold by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA trimmed its position in shares of RTX Corporation (NYSE:RTX) by 6.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,221 shares of the company’s stock after selling 4,652 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in RTX were worth $12,108,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RTX. Townsend & Associates Inc lifted its position in RTX by 0.5% in the third quarter. Townsend & Associates Inc now owns 139,413 shares of the company’s stock worth $27,035,000 after purchasing an additional 677 shares during the period. Hilton Head Capital Partners LLC acquired a new stake in RTX during the third quarter worth $724,000. Bright Futures Wealth Management LLC. increased its holdings in RTX by 58.7% in the 3rd quarter. Bright Futures Wealth Management LLC. now owns 2,502 shares of the company’s stock valued at $465,000 after buying an additional 925 shares during the period. Paladin Wealth LLC bought a new stake in RTX in the 3rd quarter valued at $761,000. Finally, Total Wealth Planning & Management Inc. increased its holdings in RTX by 3.7% in the 3rd quarter. Total Wealth Planning & Management Inc. now owns 5,251 shares of the company’s stock valued at $975,000 after buying an additional 186 shares during the period. 86.50% of the stock is currently owned by institutional investors.

RTX Stock Performance

Shares of NYSE:RTX opened at $191.10 on Monday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.05 and a quick ratio of 0.81. The business’s fifty day moving average price is $196.68 and its two-hundred day moving average price is $193.59. RTX Corporation has a fifty-two week low of $166.74 and a fifty-two week high of $226.88. The stock has a market capitalization of $257.88 billion, a price-to-earnings ratio of 31.02, a price-to-earnings-growth ratio of 2.24 and a beta of 0.31.

RTX (NYSE:RTX) last issued its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. The company had revenue of $24.96 billion during 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%. The business’s revenue was up 11.1% on a year-over-year basis. During the same period last year, the business earned $1.70 earnings per share. As a group, analysts predict that RTX Corporation will post 7.57 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on RTX. UBS Group increased their price objective on shares of RTX from $209.00 to $212.00 and gave the company a “neutral” rating in a research note on Wednesday. Royal Bank Of Canada decreased their target price on shares of RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Weiss Ratings raised shares of RTX from a “buy (b)” rating to a “buy (a-)” rating in a research note on Thursday. DA Davidson upped their target price on shares of RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of RTX from a “buy” rating to a “hold” rating and set a $208.00 price target for the company. in a research report on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and a consensus target price of $227.12.

Insider Activity

In related news, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This trade represents a 50.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Kevin G. Dasilva sold 2,250 shares of the business’s 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 completion of the transaction, the vice president owned 20,099 shares in the company, valued at approximately $4,360,076.07. This trade represents a 10.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is currently owned by corporate insiders.

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.

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.