RTX Corporation $RTX Stock: Gray Private Wealth LLC Boosts Stake

Gray Private Wealth LLC lifted its holdings in RTX Corporation (NYSE:RTX) by 238.9% in the third quarter, HoldingsChannel reports. The firm owned 4,656 shares of the company’s stock after purchasing an additional 3,282 shares during the quarter. RTX accounts for 0.4% of Gray Private Wealth LLC’s portfolio, making the stock its 22nd largest position. Gray Private Wealth LLC’s holdings in RTX were worth $864,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in RTX in the second quarter worth about $20,970,571,000. State Street Corp raised its position in RTX by 3.1% during the second quarter. State Street Corp now owns 95,417,318 shares of the company’s stock valued at $18,103,528,000 after purchasing an additional 2,828,056 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of RTX by 5.0% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock valued at $1,649,501,000 after purchasing an additional 411,356 shares during the last quarter. Amundi raised its position in RTX by 4.0% in the 2nd quarter. Amundi now owns 7,768,207 shares of the company’s stock worth $1,473,862,000 after purchasing an additional 295,964 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of RTX during the 2nd quarter worth approximately $1,456,256,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at RTX

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the transaction, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.10% of the stock is currently owned by company insiders.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Quarterly dividend maintained: RTX’s board declared a cash dividend of $0.73 per share, payable December 10, 2026, to shareholders of record on November 20. The payment equates to $2.92 annually and a yield of approximately 1.4%, reinforcing the company’s shareholder-return profile. RTX Board of Directors Declares Quarterly Cash Dividend
• Positive Sentiment: Improving fundamental outlook: Recent coverage highlights RTX’s third-quarter revenue and earnings beat, raised guidance, record backlog, and signs of recovering commercial aerospace demand. The stronger outlook has helped shares recover recently, although the stock remains below its 52-week high. RTX Could Be 14% Undervalued As Raised Guidance Lifts The Valuation Case
• Positive Sentiment: Analyst sentiment remains favorable: The average brokerage recommendation for RTX is equivalent to a Buy. While analyst ratings should be interpreted cautiously, the consensus can provide near-term support for the stock. Is It Worth Investing in RTX Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Valuation remains a consideration: RTX trades at a relatively elevated earnings multiple following its recovery, so further gains may depend on continued execution, aerospace-market improvement, and delivery against raised guidance. The dividend is supportive but modest at roughly 1.4%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on RTX shares. Royal Bank Of Canada dropped their price target on RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Rothschild & Co Redburn upped their price target on shares of RTX from $180.00 to $215.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Sanford C. Bernstein dropped their price target on RTX from $223.00 to $214.00 and set a “market perform” rating on the stock in a research note on Thursday, October 15th. Argus set a $245.00 price objective on RTX and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, The Goldman Sachs Group raised their price objective on RTX from $195.00 to $206.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, RTX has an average rating of “Moderate Buy” and a consensus target price of $228.86.

RTX Stock Up 0.3%

NYSE RTX opened at $200.09 on Friday. RTX Corporation has a one year low of $166.74 and a one year high of $226.88. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.81 and a current ratio of 1.05. The business has a fifty day moving average price of $194.81 and a 200 day moving average price of $195.55. The company has a market cap of $270.01 billion, a P/E ratio of 32.48, a P/E/G ratio of 2.22 and a beta of 0.31.

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 analysts’ consensus estimates of $1.78 by $0.48. The business had revenue of $24.96 billion during the quarter, compared to analyst estimates of $24.11 billion. RTX had a net margin of 8.75% and a return on equity of 14.89%. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.70 earnings per share. Research analysts anticipate that RTX Corporation will post 7.67 EPS for the current fiscal year.

RTX Dividend Announcement

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

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.