RTX Corporation $RTX Shares Sold by Strategy Asset Managers LLC

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

Several other institutional investors and hedge funds have also recently made changes to their positions in RTX. BlackRock Inc. bought a new position in RTX in the second quarter valued at $20,970,571,000. State Street Corp raised its position in RTX by 3.1% during the second quarter. State Street Corp now owns 95,417,318 shares of the company’s stock valued at $18,103,528,000 after purchasing an additional 2,828,056 shares in the last quarter. Auto Owners Insurance Co raised its position in RTX by 24,730.9% during the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after purchasing an additional 10,062,269 shares in the last quarter. Invesco Ltd. raised its position in RTX by 0.5% during the fourth quarter. Invesco Ltd. now owns 9,134,677 shares of the company’s stock valued at $1,675,300,000 after purchasing an additional 48,070 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in RTX by 5.0% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock worth $1,649,501,000 after purchasing an additional 411,356 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada cut their price objective on RTX from $250.00 to $235.00 and set an “outperform” rating for the company in a report on Thursday. Wells Fargo & Company increased their price objective on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. UBS Group raised their price objective on RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a report on Friday, July 24th. TD Cowen decreased their price objective on RTX from $240.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, October 9th. Finally, Morgan Stanley restated an “overweight” rating and issued a $240.00 target price (up from $220.00) on shares of RTX in a research report on Friday, July 24th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average price target of $226.75.

Insider Buying and Selling at RTX

In other RTX news, insider Troy Brunk sold 8,557 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the completion of the sale, the insider directly owned 8,809 shares in the company, valued at $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the transaction, the vice president directly owned 20,099 shares in the company, valued at $4,360,076.07. This trade represents a 10.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 29,222 shares of company stock worth $6,362,003 over the last three months. Company insiders own 0.10% of the company’s stock.

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

RTX Price Performance

Shares of RTX stock opened at $186.98 on Friday. RTX Corporation has a 52-week low of $156.10 and a 52-week high of $226.88. The stock has a market capitalization of $252.00 billion, a price-to-earnings ratio of 32.92, a price-to-earnings-growth ratio of 2.40 and a beta of 0.31. The company has a fifty day moving average of $200.27 and a 200-day moving average of $193.65. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01.

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

RTX Company Profile

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.