RTX Corporation $RTX Stock Sold by Keybank National Association OH

Keybank National Association OH decreased its holdings in RTX Corporation (NYSE:RTX) by 2.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 589,750 shares of the company’s stock after selling 13,733 shares during the quarter. Keybank National Association OH’s holdings in RTX were worth $109,487,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Pine Valley Investments Ltd Liability Co lifted its stake in shares of RTX by 63.2% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 33,877 shares of the company’s stock valued at $6,535,000 after acquiring an additional 13,118 shares during the period. Rokos Capital Management LLP boosted its holdings in RTX by 804.3% in the first quarter. Rokos Capital Management LLP now owns 556,152 shares of the company’s stock valued at $107,265,000 after acquiring an additional 494,652 shares during the last quarter. Legal & General Group Plc acquired a new stake in RTX in the second quarter worth about $1,267,256,000. Eastern Bank increased its position in RTX by 112.0% in the third quarter. Eastern Bank now owns 177,392 shares of the company’s stock worth $32,933,000 after purchasing an additional 93,725 shares during the period. Finally, Corient Private Wealth LP increased its position in RTX by 2,669.1% in the second quarter. Corient Private Wealth LP now owns 1,399,904 shares of the company’s stock worth $265,604,000 after purchasing an additional 1,349,350 shares during the period. Institutional investors own 86.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on RTX. Royal Bank Of Canada dropped their price objective on RTX from $250.00 to $235.00 and set an “outperform” rating for the company in a report on Thursday, October 15th. Susquehanna raised their target price on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research note on Friday, July 24th. BNP Paribas Exane lifted their price target on shares of RTX from $220.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. DA Davidson boosted their price target on shares of RTX from $192.00 to $219.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. Finally, Morgan Stanley reissued an “overweight” rating and set a $240.00 price target (up from $220.00) on shares of RTX in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $231.24.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: An outlook piece points to potential margin expansion and cash-flow growth in 2027, suggesting improving profitability could support RTX’s financial performance. RTX sees margin expansion, cash flow growth in 2027
• Positive Sentiment: Raytheon completed a third successful flight test of its DeepStrike JR3 training rocket for the U.S. Army. The milestone advances the program, although it is not itself confirmation of a production award. Raytheon advances Joint Reduced Range Rocket with third successful flight test
• Positive Sentiment: RTX’s Raytheon reportedly plans to increase Tomahawk and AMRAAM missile production substantially by 2030, signaling potential long-term demand and growth opportunities. Tomahawk, AMRAAM missiles could see fourfold production surge by 2030 under RTX plan
• Positive Sentiment: Zacks added RTX to its Rank #1 (Strong Buy) lists, a favorable analyst-screening signal, though such rankings do not guarantee future returns. New Strong Buy Stocks for November 10th
• Neutral Sentiment: A valuation article asks whether RTX’s share price is supported by expected cash generation after substantial three-year gains, highlighting valuation as a consideration alongside recent defense wins. Is RTX Still Near Fair Value After New Defense Wins?

RTX Stock Up 2.1%

NYSE:RTX opened at $200.39 on Wednesday. RTX Corporation has a 12-month low of $166.74 and a 12-month high of $226.88. The company has a quick ratio of 0.81, a current ratio of 1.05 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $270.41 billion, a P/E ratio of 32.53, a P/E/G ratio of 2.17 and a beta of 0.30. The stock’s fifty day simple moving average is $193.00 and its 200-day simple moving average is $195.54.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.48. The business had revenue of $24.96 billion during the quarter, compared to analysts’ expectations of $24.11 billion. RTX had a return on equity of 14.89% and a net margin of 8.75%. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.70 earnings per share. Equities research analysts expect that RTX Corporation will post 7.73 earnings per share for the current year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders 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 annualized dividend and a yield of 1.5%. RTX’s dividend payout ratio is presently 47.40%.

Insider Transactions at RTX

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dantaya M. Williams sold 9,071 shares of the company’s stock in a transaction dated 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 directly owned 16,930 shares of the company’s stock, valued at approximately $3,414,781. This trade represents a 34.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by company insiders.

RTX Company 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.