RTX Corporation $RTX Shares Sold by Tamar Securities LLC

Tamar Securities LLC decreased its position in RTX Corporation (NYSE:RTX) by 3.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 122,830 shares of the company’s stock after selling 3,810 shares during the period. RTX accounts for 2.1% of Tamar Securities LLC’s portfolio, making the stock its 21st largest position. Tamar Securities LLC’s holdings in RTX were worth $22,803,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pine Valley Investments Ltd Liability Co grew its stake in shares of RTX by 63.2% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 33,877 shares of the company’s stock worth $6,535,000 after purchasing an additional 13,118 shares during the period. Rokos Capital Management LLP increased its holdings in RTX by 804.3% in the first quarter. Rokos Capital Management LLP now owns 556,152 shares of the company’s stock valued at $107,265,000 after purchasing an additional 494,652 shares during the last quarter. Legal & General Group Plc bought a new stake in RTX in the second quarter valued at about $1,267,256,000. Eastern Bank lifted its stake in RTX by 112.0% in the third quarter. Eastern Bank now owns 177,392 shares of the company’s stock valued at $32,933,000 after buying an additional 93,725 shares during the period. Finally, Corient Private Wealth LP lifted its stake in RTX by 2,669.1% in the second quarter. Corient Private Wealth LP now owns 1,399,904 shares of the company’s stock valued at $265,604,000 after buying an additional 1,349,350 shares during the period. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at RTX

In related news, EVP Dantaya Williams sold 9,071 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $201.70, for a total value of $1,829,620.70. Following the completion of the transaction, the executive vice president directly owned 16,930 shares in the company, valued at approximately $3,414,781. The trade was a 34.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of the 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 sale, the executive vice president directly 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by insiders.

RTX Trading Down 1.2%

Shares of RTX traded down $2.29 during trading hours on Friday, reaching $189.59. The stock had a trading volume of 5,018,540 shares, compared to its average volume of 5,673,198. The company has a market cap of $255.84 billion, a P/E ratio of 30.78, a P/E/G ratio of 2.26 and a beta of 0.30. RTX Corporation has a 52 week low of $166.74 and a 52 week high of $226.88. The company has a quick ratio of 0.81, a current ratio of 1.05 and a debt-to-equity ratio of 0.44. The firm has a 50-day moving average of $193.46 and a 200 day moving average of $195.52.

RTX (NYSE:RTX) last posted its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.48. RTX had a return on equity of 14.89% and a net margin of 8.75%. The firm had revenue of $24.96 billion for the quarter, compared to analyst estimates of $24.11 billion. During the same period in the previous year, the company posted $1.70 earnings per share. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, sell-side analysts expect that RTX Corporation will post 7.68 earnings per share for the current fiscal year.

RTX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 20th will be issued a dividend of $0.73 per share. 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%.

Trending Headlines about 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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on RTX. Citigroup restated a “buy” rating on shares of RTX in a report on Wednesday, October 7th. Jefferies Financial Group set a $250.00 price target on RTX and gave the company a “buy” rating in a research note on Sunday, July 26th. TD Cowen cut their price target on shares of RTX from $240.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. Wells Fargo & Company lifted their price objective on shares of RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Finally, BNP Paribas Exane lifted their price objective on shares of RTX from $220.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $231.24.

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.