Capital Investment Advisors LLC Sells 2,701 Shares of RTX Corporation $RTX

Capital Investment Advisors LLC decreased its holdings in RTX Corporation (NYSE:RTX) by 2.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 117,455 shares of the company’s stock after selling 2,701 shares during the period. Capital Investment Advisors LLC’s holdings in RTX were worth $21,806,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of RTX. Montz Harcus Wealth Management LLC grew its stake in shares of RTX by 3.2% in the second quarter. Montz Harcus Wealth Management LLC now owns 1,641 shares of the company’s stock worth $311,000 after acquiring an additional 51 shares during the period. Safeguard Investment Advisory Group LLC lifted its position in RTX by 2.4% during the second quarter. Safeguard Investment Advisory Group LLC now owns 2,269 shares of the company’s stock valued at $430,000 after purchasing an additional 53 shares during the period. Investment Research Partners LLC lifted its position in RTX by 2.3% during the third quarter. Investment Research Partners LLC now owns 2,502 shares of the company’s stock valued at $464,000 after purchasing an additional 56 shares during the period. LexAurum Advisors LLC grew its position in RTX by 0.7% in the 3rd quarter. LexAurum Advisors LLC now owns 8,256 shares of the company’s stock worth $1,533,000 after purchasing an additional 57 shares during the period. Finally, Dogwood Wealth Management LLC grew its position in RTX by 21.5% in the 2nd quarter. Dogwood Wealth Management LLC now owns 328 shares of the company’s stock worth $62,000 after purchasing an additional 58 shares during the period. Institutional investors own 86.50% of the company’s stock.

RTX Price Performance

Shares of RTX stock opened at $191.10 on Friday. The stock has a 50 day moving average of $196.68 and a 200 day moving average of $193.62. RTX Corporation has a 12 month low of $166.74 and a 12 month high of $226.88. The company has a current ratio of 1.05, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44. The firm has a market cap of $257.88 billion, a PE ratio of 31.02, a PEG ratio of 2.37 and a beta of 0.31.

RTX (NYSE:RTX) last released its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.48. The firm had revenue of $24.96 billion during the quarter, compared to analyst estimates of $24.11 billion. RTX had a net margin of 8.75% and a return on equity of 14.89%. The business’s revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the business earned $1.70 EPS. On average, research analysts expect that RTX Corporation will post 7.65 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 price target (up from $220.00) on shares of RTX in a research report on Friday, July 24th. Citigroup restated a “buy” rating on shares of RTX in a research report on Wednesday, October 7th. Weiss Ratings raised shares of RTX from a “buy (b)” rating to a “buy (a-)” rating in a research report on Thursday. BNP Paribas Exane raised their price objective on RTX from $220.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft cut shares of RTX from a “buy” rating to a “hold” rating and set a $208.00 target price on the stock. in a research note on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $227.12.

Insider Buying and Selling

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the sale, the vice president directly owned 20,099 shares in the company, valued at approximately $4,360,076.07. This trade represents a 10.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by company insiders.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, an RTX business, secured a $350 million U.S. Air Force contract modification, reinforcing defense backlog visibility and supporting future revenue. RTX’s Raytheon Secures $350 Million US Air Force Contract Modification
• Positive Sentiment: Erste Group Bank raised its RTX EPS forecasts to $7.30 for fiscal 2026 and $7.90 for fiscal 2027, citing improving expectations. The 2027 estimate is above the current consensus of $7.72. Erste Group Bank RTX earnings estimates
• Positive Sentiment: Analyst commentary continues to point to record third-quarter results, strong backlogs, aircraft production growth and resilient demand for replacement parts, repairs, engines and avionics. RTX’s latest reported quarter also exceeded earnings and revenue expectations. Are RTX Corporation and Northrop Grumman Ready to Break Out?
• Positive Sentiment: Collins Aerospace plans a 2027 radio-altimeter upgrade for business aircraft to meet new FAA standards and improve resilience to 5G interference. The program could generate recurring upgrade and service demand without requiring full avionics replacements. What Does RTX Altimeter Upgrade Push Mean For Business Aviation?
• Neutral Sentiment: Several articles concern NVIDIA GeForce RTX graphics cards, stolen GPUs and gaming products. Those stories are unrelated to RTX Corporation and should not be treated as catalysts for RTX stock.

About RTX

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.