QRG Capital Management Inc. Sells 47,123 Shares of RTX Corporation $RTX

QRG Capital Management Inc. trimmed its holdings in shares of RTX Corporation (NYSE:RTX) by 22.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 165,150 shares of the company’s stock after selling 47,123 shares during the quarter. QRG Capital Management Inc.’s holdings in RTX were worth $27,635,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in RTX by 24.3% during the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after purchasing an additional 3,332 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after purchasing an additional 159 shares during the last quarter. Balefire LLC purchased a new position in shares of RTX during the second quarter valued at approximately $218,000. Sovran Advisors LLC raised its position in RTX by 137.5% in the 2nd quarter. Sovran Advisors LLC now owns 4,367 shares of the company’s stock valued at $633,000 after buying an additional 2,528 shares during the last quarter. Finally, Focus Financial Network Inc. lifted its stake in RTX by 8.8% during the 2nd quarter. Focus Financial Network Inc. now owns 7,713 shares of the company’s stock valued at $1,126,000 after acquiring an additional 627 shares in the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Citigroup boosted their price target on shares of RTX from $211.00 to $227.00 and gave the stock a “buy” rating in a report on Tuesday. Susquehanna reiterated a “positive” rating and set a $230.00 price target on shares of RTX in a report on Thursday. Sanford C. Bernstein restated a “market perform” rating and issued a $189.00 price objective on shares of RTX in a research note on Tuesday, January 6th. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Finally, JPMorgan Chase & Co. boosted their target price on RTX from $195.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, December 19th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $186.88.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Strong fundamentals & guidance — RTX reported a solid Q3 with revenue up ~12% year/year, an EPS beat and set FY‑2025 guidance (6.10–6.20 EPS), giving investors confidence in near‑term earnings growth.
• Positive Sentiment: Analyst/upgrades and price targets — Multiple firms (Citigroup, BofA, UBS, JP Morgan and others) have recent Buy/Overweight ratings and several price targets above current levels, supporting upward momentum; median analyst target remains above many prior levels. QuiverQuant RTX note
• Positive Sentiment: Zacks style/quality lift — Zacks highlights RTX as a strong growth stock under its style scores, which can attract momentum and quant-driven flows. Zacks: Here’s Why RTX is a Strong Growth Stock
• Neutral Sentiment: GPU/memory supply headlines (NVIDIA/ASUS) — A wave of articles about Nvidia/ASUS ending or pausing RTX 5070 Ti/5060 Ti production and memory shortages is dominating tech news but is only tangential to RTX (a defense/aerospace firm). These reports may affect component suppliers broadly but are unlikely to be a direct driver for RTX today. ExtremeTech GPU memory story The Verge ASUS clarification PCMag Nvidia shipping update
• Negative Sentiment: Political risk / contract-threat chatter — Social media and news summaries flagged a high‑profile threat from political leadership to cut government contracts; that controversy creates headline risk and uncertainty around future defense awards. QuiverQuant RTX note
• Negative Sentiment: Insider selling & institutional rebalancing — QuiverQuant flags notable insider sell activity (multiple senior execs selling) and large institutional reductions (State Street removed a big position), which can weigh on sentiment and signal portfolio trimming. QuiverQuant insider/flows detail

RTX Stock Up 1.2%

RTX opened at $202.13 on Friday. The firm has a market capitalization of $271.01 billion, a P/E ratio of 41.51, a price-to-earnings-growth ratio of 2.89 and a beta of 0.44. RTX Corporation has a one year low of $112.27 and a one year high of $202.17. The company has a fifty day moving average price of $180.39 and a 200-day moving average price of $166.78. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.07 and a quick ratio of 0.81.

RTX (NYSE:RTX) last posted its quarterly earnings data on Tuesday, October 21st. The company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.29. The company had revenue of $22.48 billion during the quarter, compared to analyst estimates of $21.26 billion. RTX had a return on equity of 13.28% and a net margin of 7.67%.The firm’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the company earned $1.45 earnings per share. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. Equities research analysts expect that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Friday, November 21st were paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, November 21st. RTX’s dividend payout ratio (DPR) is currently 55.85%.

Insider Transactions at RTX

In other news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the stock in a transaction on Friday, October 24th. The shares were sold at an average price of $180.15, for a total value of $873,547.35. Following the transaction, the executive vice president owned 59,556 shares of the company’s stock, valued at $10,729,013.40. This represents a 7.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.15% of the stock is currently owned by insiders.

About RTX

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.