Nisa Investment Advisors LLC raised its holdings in RTX Corporation (NYSE:RTX – Free Report) by 2.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 360,401 shares of the company’s stock after acquiring an additional 6,900 shares during the quarter. Nisa Investment Advisors LLC’s holdings in RTX were worth $66,908,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Evergreen Advisors LLC acquired a new stake in shares of RTX during the 1st quarter worth approximately $31,000. Signature Resources Capital Management LLC lifted its position in shares of RTX by 111.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock valued at $36,000 after acquiring an additional 97 shares during the period. BOK Financial Private Wealth Inc. acquired a new position in shares of RTX during the 2nd quarter valued at $36,000. Networth Advisors LLC bought a new position in RTX during the first quarter worth $40,000. Finally, Groupe la Francaise boosted its stake in RTX by 50.9% during the second quarter. Groupe la Francaise now owns 261 shares of the company’s stock worth $45,000 after acquiring an additional 88 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on the stock. Jefferies Financial Group set a $250.00 price target on shares of RTX and gave the stock a “buy” rating in a report on Sunday, July 26th. Argus set a $245.00 price objective on shares of RTX and gave the company a “buy” rating in a report on Thursday, July 30th. Robert W. Baird set a $240.00 price objective on shares of RTX in a report on Friday, July 24th. Barclays began coverage on shares of RTX in a research report on Friday, October 9th. They set an “overweight” rating and a $223.00 price objective on the stock. Finally, TD Cowen reduced their target price on RTX from $240.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, October 9th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and an average target price of $226.75.
View Our Latest Research Report on RTX
RTX Trading Up 0.5%
NYSE RTX opened at $193.16 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. RTX Corporation has a 52 week low of $166.74 and a 52 week high of $226.88. The business has a 50 day moving average price of $198.46 and a 200-day moving average price of $193.68. The company has a market cap of $260.34 billion, a price-to-earnings ratio of 34.01, a P/E/G ratio of 2.47 and a beta of 0.31.
RTX (NYSE:RTX – Get Free Report) last issued its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.48. RTX had a return on equity of 13.99% and a net margin of 8.28%. The company had revenue of $24.96 billion for the quarter, compared to analysts’ expectations of $24.11 billion. During the same period last year, the business earned $1.70 EPS. RTX’s quarterly revenue was up 11.1% compared to the same quarter last year. As a group, equities analysts expect that RTX Corporation will post 7.23 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, VP Kevin G. Dasilva sold 4,760 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the sale, the vice president directly owned 22,349 shares of the company’s stock, valued at $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 29,222 shares of company stock worth $6,362,003. Insiders own 0.10% of the company’s stock.
Key Stories Impacting 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.
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