Roman Butler Fullerton & Co. raised its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 33.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,212 shares of the company’s stock after purchasing an additional 4,335 shares during the period. RTX accounts for 0.7% of Roman Butler Fullerton & Co.’s portfolio, making the stock its 29th largest position. Roman Butler Fullerton & Co.’s holdings in RTX were worth $3,307,000 as of its most recent filing with the SEC.
A number of other large investors have also added to or reduced their stakes in RTX. Insight Inv LLC raised its holdings in shares of RTX by 5.4% during the third quarter. Insight Inv LLC now owns 18,771 shares of the company’s stock worth $3,485,000 after purchasing an additional 955 shares during the period. SYM FINANCIAL Corp raised its holdings in RTX by 73.8% during the third quarter. SYM FINANCIAL Corp now owns 4,888 shares of the company’s stock worth $907,000 after purchasing an additional 2,076 shares in the last quarter. Ashton Thomas Securities LLC grew its holdings in RTX by 76.4% during the third quarter. Ashton Thomas Securities LLC now owns 3,829 shares of the company’s stock worth $711,000 after acquiring an additional 1,658 shares during the period. Black Diamond Financial LLC lifted its holdings in RTX by 23.0% in the 3rd quarter. Black Diamond Financial LLC now owns 3,503 shares of the company’s stock valued at $650,000 after acquiring an additional 655 shares during the last quarter. Finally, Enhancing Capital LLC boosted its position in shares of RTX by 0.5% during the 3rd quarter. Enhancing Capital LLC now owns 15,349 shares of the company’s stock valued at $2,850,000 after purchasing an additional 70 shares in the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.
RTX Price Performance
Shares of RTX opened at $194.49 on Wednesday. The stock has a 50 day simple moving average of $196.07 and a 200-day simple moving average of $195.41. RTX Corporation has a 1 year low of $166.74 and a 1 year high of $226.88.
RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $24.96 billion during the quarter, compared to the consensus estimate of $24.11 billion. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.70 EPS. As a group, research analysts forecast that RTX Corporation will post 7.57 earnings per share for the current year.
Analysts Set New Price Targets
A number of analysts recently commented on the stock. Robert W. Baird set a $240.00 target price on shares of RTX in a report on Friday, July 24th. DA Davidson raised their target price on shares of RTX from $192.00 to $219.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. TD Cowen decreased their price target on shares of RTX from $240.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. Citigroup reiterated a “buy” rating on shares of RTX in a research report on Wednesday, October 7th. Finally, Royal Bank Of Canada reduced their price target on shares of RTX from $250.00 to $235.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $228.86.
Check Out Our Latest Stock Analysis on RTX
Insider Buying and Selling
In other news, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $2,952,161.28. This represents a 50.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.10% of the company’s stock.
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX’s record $340 billion backlog, including approximately $164 billion in defense orders, provides substantial revenue visibility. Recent coverage highlights the company’s exposure to commercial aerospace recovery, missiles, radar modernization and rising defense budgets. Palantir versus RTX article
- Positive Sentiment: A new report projects the global drone-defense market will reach $18.19 billion by 2030, supported by a 30.6% compound annual growth rate. RTX is identified as a major participant, potentially benefiting from demand for counter-drone systems and related defense technologies. Global drone defense market report
- Positive Sentiment: Collins Aerospace launched an ARINCDirect OpenAPI service, allowing business-aviation operators to integrate flight-planning and operational data into existing software. The product could improve customer workflow and deepen Collins’ recurring digital-services relationships. Collins Aerospace OpenAPI article
- Neutral Sentiment: RTX CFO Neil Mitchill is scheduled to speak at the Baird 2026 Global Industrial Conference on November 10. Investors may look for updates on demand, cash flow, margins and the backlog. RTX CFO conference announcement
- Negative Sentiment: After a powerful three-year share-price advance, RTX trades at roughly 32 times earnings. Coverage questions whether future cash generation and execution can justify the valuation, limiting near-term upside despite strong fundamentals. RTX valuation and cash flow analysis
RTX 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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