Parkside Investments LLC Acquires New Holdings in RTX Corporation $RTX

Parkside Investments LLC bought a new position in shares of RTX Corporation (NYSE:RTX) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 4,000 shares of the company’s stock, valued at approximately $743,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Pine Valley Investments Ltd Liability Co raised its holdings in RTX by 63.2% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 33,877 shares of the company’s stock valued at $6,535,000 after buying an additional 13,118 shares during the period. Rokos Capital Management LLP lifted its position 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 buying an additional 494,652 shares during the last quarter. Legal & General Group Plc acquired a new position in RTX in the second quarter valued at about $1,267,256,000. Eastern Bank boosted its stake in RTX by 112.0% during the third quarter. Eastern Bank now owns 177,392 shares of the company’s stock worth $32,933,000 after buying an additional 93,725 shares during the period. Finally, Corient Private Wealth LP boosted its stake in RTX by 2,669.1% during the second quarter. Corient Private Wealth LP now owns 1,399,904 shares of the company’s stock worth $265,604,000 after buying an additional 1,349,350 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Price Performance

RTX stock opened at $193.16 on Wednesday. The business’s fifty day moving average price is $198.46 and its 200 day moving average price is $193.68. 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 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $260.34 billion, a PE ratio of 34.01, a P/E/G ratio of 2.47 and a beta of 0.31.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, October 20th. The company reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. The company had revenue of $24.96 billion during the quarter, compared to analysts’ expectations of $24.11 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%. RTX’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the business posted $1.70 EPS. On average, sell-side analysts anticipate that RTX Corporation will post 7.23 EPS for the current year.

Insiders Place Their Bets

In other news, VP Kevin G. Dasilva sold 2,250 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total transaction of $488,092.50. Following the sale, the vice president owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Troy Brunk sold 8,557 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider directly owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. DA Davidson lifted their price target on shares of RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Morgan Stanley restated an “overweight” rating and issued a $240.00 price objective (up from $220.00) on shares of RTX in a report on Friday, July 24th. Rothschild & Co Redburn increased their price objective on shares of RTX from $180.00 to $215.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Robert W. Baird set a $240.00 target price on shares of RTX in a report on Friday, July 24th. Finally, Royal Bank Of Canada dropped their target price on shares of RTX from $250.00 to $235.00 and set an “outperform” rating for the company in a report on Thursday, October 15th. Eighteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $226.75.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q3 earnings beat expectations: RTX reported adjusted EPS of $2.26, up 33% from $1.70 a year earlier and well above the $1.78 analyst consensus. Revenue rose 11.1% to approximately $25 billion, also exceeding expectations. RTX Reports Q3 2026 Results
• Positive Sentiment: Guidance was raised again: Management increased its 2026 adjusted sales forecast to $97 billion-$97.5 billion, from $95 billion-$96 billion, while also raising its outlook for adjusted EPS and free cash flow. This was the third forecast increase of the year. RTX lifts 2026 forecasts
• Positive Sentiment: Record backlog supports longer-term visibility: More than $81 billion in quarterly commercial and defense awards pushed RTX’s backlog to a record $340 billion. Raytheon secured $59 billion in defense awards, while management said missile contracts provide nearly a decade of demand visibility. RTX: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Defense contract momentum continued: RTX won $729 million in counter-drone contracts, including its first international KuRFS and Coyote sales. Separately, the Raytheon-Lockheed Martin Javelin joint venture received a $215 million U.S. Army launcher contract. RTX Secures $729M LIDS Contracts
• Neutral Sentiment: Cash-flow quality warrants monitoring: Operating cash flow improved substantially, but approximately $1.5 billion of the increase was attributed to selling receivables. Investors may therefore scrutinize how much of the improvement is recurring versus related to factoring. RTX cash recovery from selling receivables
• Negative Sentiment: Valuation and execution risks remain: Despite the favorable results, RTX trades at a relatively elevated earnings multiple, and investors remain focused on aerospace supply-chain constraints, program costs, and whether the large backlog converts into profitable cash flow.

RTX Company 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.