Paladin Wealth LLC purchased a new position in RTX Corporation (NYSE:RTX – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,100 shares of the company’s stock, valued at approximately $761,000.
A number of other institutional investors have also added to or reduced their stakes in RTX. Total Wealth Planning & Management Inc. boosted its position in shares of RTX by 3.7% during the third quarter. Total Wealth Planning & Management Inc. now owns 5,251 shares of the company’s stock worth $975,000 after acquiring an additional 186 shares during the last quarter. Beacon Capital Management LLC grew its stake in RTX by 6.9% during the third quarter. Beacon Capital Management LLC now owns 2,170 shares of the company’s stock valued at $403,000 after acquiring an additional 140 shares in the last quarter. Valley National Advisers Inc. increased its holdings in RTX by 325.5% in the 3rd quarter. Valley National Advisers Inc. now owns 15,094 shares of the company’s stock valued at $2,802,000 after acquiring an additional 11,547 shares during the last quarter. Radnor Capital Management LLC increased its holdings in RTX by 1.4% in the 3rd quarter. Radnor Capital Management LLC now owns 20,395 shares of the company’s stock valued at $3,786,000 after acquiring an additional 280 shares during the last quarter. Finally, Code Waechter LLC increased its holdings in RTX by 5.5% in the 3rd quarter. Code Waechter LLC now owns 2,844 shares of the company’s stock valued at $528,000 after acquiring an additional 148 shares during the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts have commented on RTX shares. Sanford C. Bernstein decreased their price target on shares of RTX from $223.00 to $214.00 and set a “market perform” rating on the stock in a research note on Thursday, October 15th. Rothschild & Co Redburn raised their price objective on RTX from $180.00 to $215.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada reduced their target price on RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Barclays lifted their target price on RTX from $223.00 to $235.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Wells Fargo & Company boosted their target price on RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued 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, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $227.12.
Get Our Latest Research Report on RTX
Insider Buying and Selling at RTX
In other news, 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 in the company, valued at $4,360,076.07. The trade was a 10.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the company’s 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 sale, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. This represents 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 owned by company insiders.
RTX Stock Up 0.0%
NYSE RTX opened at $191.10 on Monday. The stock has a 50 day moving average price of $196.68 and a 200-day moving average price of $193.59. 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 company has a market capitalization of $257.88 billion, a P/E ratio of 31.02, a P/E/G ratio of 2.24 and a beta of 0.31.
RTX (NYSE:RTX – Get Free Report) last announced 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 company had revenue of $24.96 billion for the quarter, compared to analysts’ expectations of $24.11 billion. During the same quarter in the previous year, the business posted $1.70 earnings per share. RTX’s quarterly revenue was up 11.1% on a year-over-year basis. As a group, equities analysts predict that RTX Corporation will post 7.57 EPS for the current fiscal year.
RTX News Roundup
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 Company 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.
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