RTX Corporation $RTX Position Lifted by Sanders Capital LLC

Sanders Capital LLC raised its holdings in RTX Corporation (NYSE:RTX) by 0.1% in the third quarter, Holdings Channel.com reports. The fund owned 9,285,728 shares of the company’s stock after buying an additional 7,850 shares during the quarter. RTX makes up 1.7% of Sanders Capital LLC’s investment portfolio, making the stock its 18th largest position. Sanders Capital LLC’s holdings in RTX were worth $1,723,895,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Montz Harcus Wealth Management LLC increased its holdings in shares of RTX by 3.2% in the 2nd quarter. Montz Harcus Wealth Management LLC now owns 1,641 shares of the company’s stock valued at $311,000 after purchasing an additional 51 shares in the last quarter. IMG Wealth Management Inc. grew its position in RTX by 5.7% during the third quarter. IMG Wealth Management Inc. now owns 958 shares of the company’s stock worth $178,000 after buying an additional 52 shares during the period. Safeguard Investment Advisory Group LLC grew its position in RTX by 2.4% during the second quarter. Safeguard Investment Advisory Group LLC now owns 2,269 shares of the company’s stock worth $430,000 after buying an additional 53 shares during the period. Global View Capital Management LLC increased its holdings in RTX by 4.0% in the third quarter. Global View Capital Management LLC now owns 1,373 shares of the company’s stock valued at $255,000 after buying an additional 53 shares in the last quarter. Finally, Investment Research Partners LLC increased its holdings in RTX by 2.3% in the third quarter. Investment Research Partners LLC now owns 2,502 shares of the company’s stock valued at $464,000 after buying an additional 56 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction 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 transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Dantaya Williams sold 9,071 shares of the company’s stock in a transaction on Friday, October 30th. The shares were sold at an average price of $201.70, for a total value of $1,829,620.70. Following the completion of the sale, the executive vice president owned 16,930 shares in the company, valued at $3,414,781. This represents a 34.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

RTX has been the subject of a number of research reports. Citigroup reiterated a “buy” rating on shares of RTX in a research report on Wednesday, October 7th. UBS Group upped their price target on RTX from $209.00 to $212.00 and gave the stock a “neutral” rating in a report on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft downgraded RTX from a “buy” rating to a “hold” rating and set a $208.00 price objective for the company. in a research note on Tuesday, October 13th. TD Cowen reduced their price objective on RTX from $240.00 to $225.00 and set a “buy” rating for the company in a report on Friday, October 9th. Finally, Sanford C. Bernstein decreased their target price 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. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat, RTX presently has a consensus rating of “Moderate Buy” and a consensus price target of $231.24.

More RTX News

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

RTX Price Performance

RTX traded down $2.29 during midday trading on Friday, reaching $189.59. 5,018,540 shares of the company’s stock were exchanged, compared to its average volume of 5,673,198. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.05 and a quick ratio of 0.81. The stock has a market capitalization of $255.84 billion, a PE ratio of 30.78, a P/E/G ratio of 2.26 and a beta of 0.30. The business’s 50-day moving average price is $193.46 and its 200 day moving average price is $195.52. RTX Corporation has a 1-year low of $166.74 and a 1-year high of $226.88.

RTX (NYSE:RTX) last announced its quarterly earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.48. The company had revenue of $24.96 billion for the quarter, compared to the consensus estimate 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. As a group, equities analysts anticipate that RTX Corporation will post 7.68 EPS for the current fiscal year.

RTX Announces Dividend

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

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.