RTX Corporation $RTX Shares Sold by Conning Inc.

Conning Inc. trimmed its stake in RTX Corporation (NYSE:RTX) by 9.8% during the third quarter, HoldingsChannel.com reports. The fund owned 197,103 shares of the company’s stock after selling 21,480 shares during the quarter. Conning Inc.’s holdings in RTX were worth $36,592,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of RTX. BlackRock Inc. bought a new position in shares of RTX during the second quarter valued at $20,970,571,000. State Street Corp boosted its stake in shares of RTX by 3.1% in the 2nd 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of RTX by 5.0% in the 2nd 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. Amundi grew its holdings in shares of RTX by 4.0% in the 2nd quarter. Amundi now owns 7,768,207 shares of the company’s stock worth $1,473,862,000 after purchasing an additional 295,964 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of RTX in the 2nd quarter worth about $1,456,256,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Price Performance

RTX stock opened at $195.91 on Thursday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.81 and a current ratio of 1.05. The firm has a market cap of $264.37 billion, a P/E ratio of 31.80, a P/E/G ratio of 2.24 and a beta of 0.31. The business’s fifty day moving average is $195.47 and its two-hundred day moving average is $195.46. RTX Corporation has a 52 week low of $166.74 and a 52 week high of $226.88.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, October 20th. The company reported $2.26 EPS for the quarter, topping the consensus estimate of $1.78 by $0.48. RTX had a return on equity of 14.89% and a net margin of 8.75%. The company had revenue of $24.96 billion for the quarter, compared to analysts’ expectations of $24.11 billion. During the same quarter in the prior year, the business earned $1.70 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. Equities research analysts forecast that RTX Corporation will post 7.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on RTX shares. The Goldman Sachs Group increased their target price on shares of RTX from $195.00 to $206.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. Susquehanna boosted their price target on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research report on Friday, July 24th. Sanford C. Bernstein reduced their price target on shares of RTX from $223.00 to $214.00 and set a “market perform” rating on the stock in a research report on Thursday, October 15th. BNP Paribas Exane upped their price objective on shares of RTX from $220.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 price objective (up from $220.00) on shares of RTX in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, RTX presently has an average rating of “Moderate Buy” and an average target price of $228.86.

Insider Activity

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the transaction, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by corporate insiders.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Long-term Collins Aerospace contract: Air Europa extended its exclusive Boeing 787 nacelle-maintenance agreement with RTX’s Collins Aerospace through 2037. The renewal provides long-term recurring aftermarket revenue and supports fleet reliability, although the financial contribution was not disclosed. Air Europa extends exclusive Boeing 787 nacelle maintenance agreement
• Positive Sentiment: Strong backlog and recent earnings: RTX’s record backlog is approximately $340 billion, including $164 billion in defense orders. Its latest quarter also showed 11.1% year-over-year revenue growth, with earnings and sales exceeding analyst expectations. These factors reinforce visibility into future revenue and cash flow. Better Defense Stock to Own Through 2030: Palantir vs. RTX Corporation
• Neutral Sentiment: Investor focus remains elevated: Articles are debating whether RTX’s multiyear rally and roughly 32-times earnings valuation are justified by its cash-generation potential, backlog and aerospace exposure. Analysts generally view the company as well positioned, but future gains may depend on continued execution and free-cash-flow growth. RTX: buy, sell, or hold post Q3 earnings?
• Negative Sentiment: Sector weakness and valuation risk: Defense stocks recently experienced an unusually prolonged losing streak, with the aerospace and defense ETF giving back its 2026 gains. That weakness could limit RTX’s near-term upside, particularly after its substantial three-year advance and with the stock trading at a premium to historical levels. 9 Defense Stocks to Watch Before the Next Big Rally

RTX 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.