4,904 RTX Corporation $RTX Shares Sold by Strategy Asset Managers LLC

Strategy Asset Managers LLC reduced its position in shares of RTX Corporation (NYSE:RTX) by 74.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,720 shares of the company’s stock after selling 4,904 shares during the quarter. Strategy Asset Managers LLC’s holdings in RTX were worth $319,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Perpetual Ltd raised its position in RTX by 12.3% during the 3rd quarter. Perpetual Ltd now owns 6,247 shares of the company’s stock valued at $1,160,000 after purchasing an additional 682 shares during the last quarter. JGP Wealth Management LLC grew its position in shares of RTX by 1.7% in the 3rd quarter. JGP Wealth Management LLC now owns 83,423 shares of the company’s stock worth $15,487,000 after buying an additional 1,370 shares during the last quarter. Eastern Bank grew its position in shares of RTX by 112.0% in the 3rd quarter. Eastern Bank now owns 177,392 shares of the company’s stock worth $32,933,000 after buying an additional 93,725 shares during the last quarter. Rockland Trust Co. grew its position in shares of RTX by 0.7% in the 3rd quarter. Rockland Trust Co. now owns 20,330 shares of the company’s stock worth $3,774,000 after buying an additional 144 shares during the last quarter. Finally, QRG Capital Management Inc. increased its stake in shares of RTX by 18.5% during the second quarter. QRG Capital Management Inc. now owns 226,195 shares of the company’s stock valued at $42,916,000 after buying an additional 35,269 shares during the period. 86.50% of the stock is currently owned by institutional investors.

RTX Stock Performance

Shares of RTX opened at $186.98 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. RTX Corporation has a one year low of $156.10 and a one year high of $226.88. The company has a 50-day simple moving average of $200.27 and a two-hundred day simple moving average of $193.65. The firm has a market capitalization of $252.00 billion, a PE ratio of 32.92, a price-to-earnings-growth ratio of 2.40 and a beta of 0.31.

RTX (NYSE:RTX) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%. The business had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. During the same period in the previous year, the firm posted $1.56 EPS. The business’s revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, analysts anticipate that RTX Corporation will post 7.22 EPS for the current fiscal year.

Analysts Set New Price Targets

RTX has been the topic of several research analyst reports. Rothschild & Co Redburn boosted their target price on RTX from $180.00 to $215.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Barclays started coverage on RTX in a research note on Friday, October 9th. They issued an “overweight” rating and a $223.00 price target for the company. Deutsche Bank Aktiengesellschaft lowered RTX from a “buy” rating to a “hold” rating and set a $208.00 price target for the company. in a research note on Tuesday. BNP Paribas Exane lifted their price target on shares of RTX from $220.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Finally, Royal Bank Of Canada reduced their price objective on shares of RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research report on Thursday. Eighteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.75.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, an RTX business, was selected to modernize U.S. Space Force global early-warning radar sites. The project should strengthen RTX’s position in missile defense and space surveillance while adding to its long-term government revenue pipeline. RTX’s Raytheon selected to modernize U.S. Space Force global early warning radars
• Positive Sentiment: Recent contract momentum remains a major catalyst, including an up-to-$6.3 billion SM-3 interceptor award, $729 million in counter-drone contracts for the U.S. and international customers, and an $8 billion nuclear communications modernization contract. These awards expand backlog visibility and could support future cash flow and earnings. RTX could be undervalued on fresh defense contract wins
• Positive Sentiment: Analyst previews suggest RTX may again exceed quarterly earnings estimates, supported by defense demand, commercial aerospace aftermarket growth and its history of positive earnings surprises. The company previously reported quarterly EPS of $1.89 versus a $1.66 consensus estimate. Why RTX is poised to beat earnings estimates again
• Neutral Sentiment: RTX’s valuation remains elevated, with a trailing P/E near 33, although projected earnings growth, a substantial backlog and a relatively low beta may appeal to investors seeking defensive exposure.
• Negative Sentiment: Sanford C. Bernstein lowered its price target from $223 to $214 and kept a “market perform” rating. Although the revised target still implies upside, the downgrade may limit near-term enthusiasm. RTX price target lowered by Sanford C. Bernstein

Insider Transactions at RTX

In related news, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the sale, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of the company’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 sale, 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 disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 29,222 shares of company stock valued at $6,362,003. Corporate insiders own 0.10% of the company’s stock.

About RTX

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and supplies technologies for commercial aviation, business aviation, military operations and space applications. The company serves customers including aircraft manufacturers, airlines, governments and armed forces worldwide.

RTX operates through three principal business segments: Collins Aerospace, which provides aerospace systems, avionics, interiors, landing systems and other aircraft equipment; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance and services; and Raytheon, which develops integrated air and missile defense systems, precision weapons, radars, sensors, command-and-control technologies and other defense solutions.

The company was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation, although its businesses trace their histories to earlier aerospace and technology companies, including Pratt & Whitney and Collins Aerospace predecessor organizations.