RTX Corporation $RTX Shares Newly Bought by Latitude Advisors LLC

Latitude Advisors LLC bought a new stake in RTX Corporation (NYSE:RTX) in the third quarter, HoldingsChannel.com reports. The fund bought 2,578 shares of the company’s stock, valued at approximately $479,000.

Several other institutional investors also recently made changes to their positions in the stock. Evergreen Advisors LLC acquired a new position in RTX during the 1st quarter valued at approximately $31,000. Signature Resources Capital Management LLC increased its position in RTX by 111.5% in the first quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock worth $36,000 after buying an additional 97 shares during the period. BOK Financial Private Wealth Inc. bought a new stake in RTX in the second quarter valued at $36,000. Groupe la Francaise boosted its holdings in shares of RTX by 50.9% during the second quarter. Groupe la Francaise now owns 261 shares of the company’s stock valued at $45,000 after acquiring an additional 88 shares during the period. Finally, Kilter Group LLC bought a new stake in RTX in the 2nd quarter valued at about $51,000. 86.50% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on RTX. Royal Bank Of Canada cut their price target on RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft lowered shares of RTX from a “buy” rating to a “hold” rating and set a $208.00 target price for the company. in a research report on Tuesday, October 13th. Sanford C. Bernstein lowered their price target on RTX from $223.00 to $214.00 and set a “market perform” rating on the stock in a research report on Thursday, October 15th. Argus set a $245.00 target price on shares of RTX and gave the stock a “buy” rating in a report on Thursday, July 30th. Finally, Weiss Ratings raised shares of RTX from a “buy (b)” rating to a “buy (a-)” rating in a research report on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $228.86.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s record $340 billion backlog, including approximately $164 billion in defense orders, provides substantial revenue visibility. Recent coverage highlights the company’s exposure to commercial aerospace recovery, missiles, radar modernization and rising defense budgets. Palantir versus RTX article
• Positive Sentiment: A new report projects the global drone-defense market will reach $18.19 billion by 2030, supported by a 30.6% compound annual growth rate. RTX is identified as a major participant, potentially benefiting from demand for counter-drone systems and related defense technologies. Global drone defense market report
• Positive Sentiment: Collins Aerospace launched an ARINCDirect OpenAPI service, allowing business-aviation operators to integrate flight-planning and operational data into existing software. The product could improve customer workflow and deepen Collins’ recurring digital-services relationships. Collins Aerospace OpenAPI article
• Neutral Sentiment: RTX CFO Neil Mitchill is scheduled to speak at the Baird 2026 Global Industrial Conference on November 10. Investors may look for updates on demand, cash flow, margins and the backlog. RTX CFO conference announcement
• Negative Sentiment: After a powerful three-year share-price advance, RTX trades at roughly 32 times earnings. Coverage questions whether future cash generation and execution can justify the valuation, limiting near-term upside despite strong fundamentals. RTX valuation and cash flow analysis

RTX Stock Performance

RTX stock opened at $194.49 on Wednesday. RTX Corporation has a 52 week low of $166.74 and a 52 week high of $226.88. The firm has a 50 day simple moving average of $196.07 and a 200 day simple moving average of $195.41.

RTX (NYSE:RTX) last issued its earnings results 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 for the quarter, compared to analyst estimates of $24.11 billion. During the same period last year, the business earned $1.70 EPS. The company’s quarterly revenue was up 11.1% on a year-over-year basis. On average, sell-side analysts forecast that RTX Corporation will post 7.57 earnings per share for the current year.

Insider Buying and Selling at RTX

In related news, 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 completion of 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.10% of the stock is owned by company insiders.

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.