RTX Corporation $RTX Holdings Cut by Royal Fund Management LLC

Royal Fund Management LLC lessened its stake in shares of RTX Corporation (NYSE:RTX) by 5.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,754 shares of the company’s stock after selling 3,599 shares during the quarter. RTX comprises about 1.0% of Royal Fund Management LLC’s investment portfolio, making the stock its 26th biggest holding. Royal Fund Management LLC’s holdings in RTX were worth $12,579,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in RTX. BlackRock Inc. bought a new position in RTX during the second quarter valued at approximately $20,970,571,000. State Street Corp grew its position in RTX by 3.1% in the 2nd quarter. State Street Corp now owns 95,417,318 shares of the company’s stock worth $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 raised its stake in RTX by 5.0% during 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 buying an additional 411,356 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in RTX by 1.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,649,112 shares of the company’s stock valued at $1,475,296,000 after buying an additional 95,726 shares during the last quarter. Finally, Amundi lifted its holdings in shares of RTX by 4.0% during the 2nd quarter. Amundi now owns 7,768,207 shares of the company’s stock valued at $1,473,862,000 after buying an additional 295,964 shares during the period. 86.50% of the stock is currently owned by institutional investors.

Insider Buying and Selling at RTX

In related news, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction 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. The trade was a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 value of $488,092.50. Following the sale, the vice president directly owned 20,099 shares of the company’s stock, valued at $4,360,076.07. This represents a 10.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.10% of the company’s stock.

RTX Stock Performance

Shares of NYSE RTX opened at $194.49 on Friday. RTX Corporation has a 12-month low of $166.74 and a 12-month high of $226.88. The firm has a market capitalization of $262.45 billion, a price-to-earnings ratio of 31.57, a price-to-earnings-growth ratio of 2.31 and a beta of 0.31. The company has a current ratio of 1.05, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44. The firm has a 50 day moving average of $197.32 and a 200 day moving average of $193.64.

RTX (NYSE:RTX) last released its quarterly 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 net margin of 8.75% and a return on equity of 14.89%. The business had revenue of $24.96 billion for the quarter, compared to the consensus estimate of $24.11 billion. During the same period last year, the firm earned $1.70 earnings per share. The company’s quarterly revenue was up 11.1% on a year-over-year basis. On average, research analysts anticipate that RTX Corporation will post 7.72 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. JPMorgan Chase & Co. raised their price target on RTX from $215.00 to $240.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. BNP Paribas Exane lifted their price objective on RTX from $220.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Royal Bank Of Canada reduced their price objective on RTX from $250.00 to $235.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. Robert W. Baird set a $240.00 target price on RTX in a report on Friday, July 24th. Finally, Jefferies Financial Group set a $250.00 target price on RTX and gave the company a “buy” rating in a report on Sunday, July 26th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $227.12.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raised outlook and record backlog support growth: RTX raised its FY 2026 guidance to adjusted EPS of $7.65–$7.75 and revenue of $97.0–$97.5 billion, above consensus estimates. Management also highlighted a record $340 billion backlog, expanding defense production and robust commercial aerospace demand. RTX Q3 Earnings Call Highlights Defense Backlog and Higher 2026 Outlook
• Positive Sentiment: Profitability improved significantly: Adjusted segment operating profit rose with roughly 310 basis points of margin expansion, while strong cash flow and demand for aircraft replacement parts, repairs, avionics and engines reinforce RTX’s longer-term earnings and dividend appeal. RTX Q3 Earnings Put Margin Gains Ahead Of Stock Price Reaction
• Positive Sentiment: Defense bookings remain supportive: Raytheon secured a $350 million modification to a U.S. Air Force contract, adding near-term revenue visibility to the company’s already substantial defense backlog. RTX’s Raytheon Secures $350 Million US Air Force Contract Modification
• Neutral Sentiment: New Collins Aerospace products, including FAA-compliant radio-altimeter upgrades and digital air-traffic surveillance tools, and Pratt & Whitney Canada’s certified PT9 turboprop expand RTX’s commercial aerospace offering. Their financial contribution is likely to develop over time. Collins Aerospace Announces Radio Altimeter Upgrades
• Negative Sentiment: RTX trades at a relatively elevated valuation after its earnings-driven advance, while ongoing margin pressures and paused buybacks could limit additional near-term upside despite the stronger outlook.

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.