4,888 RTX Corporation $RTX Shares Bought by Brighton Jones LLC

Brighton Jones LLC boosted its holdings in RTX Corporation (NYSE:RTX) by 18.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 31,836 shares of the company’s stock after buying an additional 4,888 shares during the period. Brighton Jones LLC’s holdings in RTX were worth $5,910,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of RTX. Cullinan Associates Inc. boosted its position in shares of RTX by 11.8% during the third quarter. Cullinan Associates Inc. now owns 17,391 shares of the company’s stock worth $3,229,000 after acquiring an additional 1,833 shares during the last quarter. Rayburn West Financial Services LLC increased its holdings in RTX by 0.5% in the 3rd quarter. Rayburn West Financial Services LLC now owns 16,549 shares of the company’s stock valued at $3,072,000 after acquiring an additional 84 shares during the last quarter. Uhlmann Price Securities LLC increased its holdings in RTX by 22.0% in the 3rd quarter. Uhlmann Price Securities LLC now owns 5,644 shares of the company’s stock valued at $1,048,000 after acquiring an additional 1,019 shares during the last quarter. Ethic Inc. increased its holdings in RTX by 10.4% in the 3rd quarter. Ethic Inc. now owns 79,229 shares of the company’s stock valued at $14,709,000 after acquiring an additional 7,446 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its stake in RTX by 14.2% in the 3rd quarter. Pictet Asset Management Holding SA now owns 650,903 shares of the company’s stock worth $120,840,000 after purchasing an additional 80,747 shares in the last quarter. 86.50% of the stock is owned by institutional investors.

RTX Stock Performance

RTX stock opened at $189.59 on Monday. The company’s 50-day moving average price is $193.46 and its 200-day moving average price is $195.52. RTX Corporation has a twelve month low of $166.74 and a twelve month high of $226.88. The company has a quick ratio of 0.81, a current ratio of 1.05 and a debt-to-equity ratio of 0.44. The company has a market cap of $255.84 billion, a PE ratio of 30.78, a price-to-earnings-growth ratio of 2.11 and a beta of 0.30.

RTX (NYSE:RTX) last announced its quarterly 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 firm had revenue of $24.96 billion during the quarter, compared to the consensus estimate of $24.11 billion. RTX had a net margin of 8.75% and a return on equity of 14.89%. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.70 EPS. On average, equities research analysts forecast that RTX Corporation will post 7.68 EPS for the current fiscal year.

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 20th will be given a dividend of $0.73 per share. The ex-dividend date is Friday, November 20th. This represents a $2.92 dividend on an annualized basis and a yield of 1.5%. RTX’s dividend payout ratio is 47.40%.

Insider Buying and Selling

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the business’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 transaction of $3,057,627.60. Following the transaction, the executive vice president owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Dantaya M. Williams sold 9,071 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $201.70, for a total value of $1,829,620.70. Following the transaction, the executive vice president directly owned 16,930 shares in the company, valued at approximately $3,414,781. This represents a 34.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Morgan Stanley reissued 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. Weiss Ratings raised RTX from a “buy (b)” rating to a “buy (a-)” rating in a report on Thursday, October 22nd. DA Davidson lifted their target price on RTX from $192.00 to $219.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. Argus set a $245.00 target price on RTX and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, Rothschild & Co Redburn increased their price target on RTX from $180.00 to $215.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and an average target price of $231.24.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: A report highlights RTX’s substantial order base and investment in expanding production capacity. It cites a $340 billion backlog, third-quarter sales of about $25 billion, and a higher 2026 free-cash-flow outlook of $9 billion to $9.2 billion. These figures suggest demand could support growth, though execution and contract economics remain important. America’s Military Rebuild Starts With a Manufacturing Problem
• Positive Sentiment: Defense-industry earnings point to continuing demand for conventional weapons as well as drones and advanced defense systems. That broader rearmament trend could benefit RTX, which supplies air-defense systems and related equipment, although the report does not discuss RTX specifically. Tanks or drones? Defense earnings reveal a more complicated rearmament boom
• Negative Sentiment: Political uncertainty is pressuring defense-sector shares: a report says the midterm election results put a proposed $1.5 trillion defense spending request in doubt. If spending plans stall or shrink, investors may reassess future growth for contractors such as RTX. Defense Stocks Sank as Democrats Took Congress and the $1.5 Trillion Budget Looks Doomed
• Negative Sentiment: One report attributed RTX share weakness to insider selling, which can concern investors about near-term sentiment. The provided article details do not specify the seller or the size of the insider transaction. RTX Shares Down 2.7% After Insider Selling
• Negative Sentiment: ETFs sold about $39 million of RTX shares on Nov. 4. This may add near-term selling pressure, though ETF flows alone do not indicate a change in the company’s fundamentals. RTX Sees $39.0 Million in Net ETF Selling

About RTX

RTX Corporation is an aerospace and defense company whose businesses include Collins Aerospace, Pratt & Whitney and Raytheon. The company serves commercial aviation, military and government customers around the world.

Collins Aerospace develops aircraft systems and components, including avionics, communications, flight controls and cabin equipment. Pratt & Whitney designs and manufactures aircraft engines and provides related maintenance services. Raytheon develops defense systems and technologies, including air and missile defense, sensors and precision weapons.

RTX was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation.