4,124 Shares in RTX Corporation $RTX Purchased by Greg Jennings LLC

Greg Jennings LLC bought a new stake in RTX Corporation (NYSE:RTX – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,124 shares of the company’s stock, valued at approximately $766,000.

A number of other institutional investors have also modified their holdings of RTX. Evergreen Advisors LLC acquired a new stake in RTX during the 1st quarter worth $31,000. Signature Resources Capital Management LLC grew its position in RTX by 111.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock worth $36,000 after purchasing an additional 97 shares during the last quarter. BOK Financial Private Wealth Inc. acquired a new position in RTX in the second quarter valued at $36,000. Networth Advisors LLC acquired a new position in RTX in the first quarter valued at $40,000. Finally, Groupe la Francaise increased its stake in RTX by 50.9% in the second quarter. Groupe la Francaise now owns 261 shares of the company’s stock valued at $45,000 after purchasing an additional 88 shares during the period. 86.50% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’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 owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 2,250 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the sale, the vice president owned 20,099 shares in the company, valued at $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by company insiders.

RTX Stock Performance

Shares of RTX stock traded down $1.41 during trading hours on Monday, reaching $192.51. 6,822,840 shares of the company’s stock were exchanged, compared to its average volume of 5,333,709. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The company’s 50 day moving average is $199.69 and its two-hundred day moving average is $193.70. The company has a market cap of $259.46 billion, a P/E ratio of 33.89, a price-to-earnings-growth ratio of 2.50 and a beta of 0.31. RTX Corporation has a 1 year low of $159.45 and a 1 year high of $226.88.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. UBS Group increased their target price on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. BNP Paribas Exane raised their price target on RTX from $220.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. DA Davidson boosted their price target on RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. The Goldman Sachs Group upped their price objective on RTX from $195.00 to $206.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Finally, Jefferies Financial Group set a $250.00 price objective on RTX and gave the company a “buy” rating in a research note on Sunday, July 26th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $226.75.

Check Out Our Latest Analysis on RTX

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: The U.S. Army awarded the Javelin Joint Venture, a partnership between Raytheon (an RTX business) and Lockheed Martin, a $215 million contract to produce Lightweight Command Launch Units. The award supports RTX’s defense backlog and highlights continued demand for modernized missile systems. U.S. Army awards Javelin Joint Venture contract
  • Positive Sentiment: RTX’s previous quarter surpassed analyst expectations for both earnings and revenue, while management raised full-year guidance. That performance provides a favorable setup for the upcoming report and supports the company’s aerospace and defense growth narrative. RTX earnings preview
  • Neutral Sentiment: RTX is scheduled to report third-quarter results Tuesday. Investors will focus on whether sales, margins, cash flow and updated guidance can justify expectations for another earnings beat or guidance increase. With the stock trading at a premium valuation, results may need to exceed expectations to generate additional upside. RTX reports Q3 earnings preview
  • Negative Sentiment: The earnings setup creates near-term downside risk: analysts already anticipate another strong quarter and potentially higher guidance. Any signs of production constraints, weaker commercial aerospace recovery, margin pressure or cautious outlook could prompt profit-taking, particularly given RTX’s elevated P/E ratio.

RTX Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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