RTX Corporation $RTX Stock Bought by NTV Asset Management LLC

NTV Asset Management LLC raised its holdings in shares of RTX Corporation (NYSE:RTX – Free Report) by 43.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,500 shares of the company’s stock after acquiring an additional 7,707 shares during the quarter. NTV Asset Management LLC’s holdings in RTX were worth $4,734,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RTX. Fortress Financial Group LLC bought a new stake in shares of RTX in the second quarter worth $358,000. Evergreen Advisors LLC bought a new position in RTX in the first quarter valued at $31,000. Signature Resources Capital Management LLC grew its position in RTX by 111.5% in the first quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock valued at $36,000 after purchasing an additional 97 shares in the last quarter. BOK Financial Private Wealth Inc. bought a new position in RTX in the second quarter valued at $36,000. Finally, Networth Advisors LLC acquired a new stake in RTX in the 1st quarter valued at $40,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at RTX

In other news, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were 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 of the company’s stock, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the firm’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 completion of the sale, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on RTX. TD Cowen cut their price target on shares of RTX from $240.00 to $225.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. Argus set a $245.00 price objective on RTX and gave the company a “buy” rating in a report on Thursday, July 30th. The Goldman Sachs Group lifted their target price on RTX from $195.00 to $206.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft downgraded RTX from a “buy” rating to a “hold” rating and set a $208.00 target price on the stock. in a research report on Tuesday, October 13th. Finally, Robert W. Baird set a $240.00 target price on RTX in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $227.12.

Check Out Our Latest Stock Report on RTX

Key Headlines 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.

RTX Price Performance

Shares of RTX opened at $191.10 on Friday. The company has a market cap of $257.88 billion, a price-to-earnings ratio of 31.02, a PEG ratio of 2.32 and a beta of 0.31. RTX Corporation has a 1-year low of $166.74 and a 1-year high of $226.88. The company’s fifty day simple moving average is $196.68 and its 200 day simple moving average is $193.62. The company has a current ratio of 1.05, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44.

RTX (NYSE:RTX – Get Free Report) 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. RTX had a net margin of 8.75% and a return on equity of 14.89%. The firm had revenue of $24.96 billion during the quarter, compared to analysts’ expectations of $24.11 billion. During the same quarter last year, the company posted $1.70 earnings per share. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, research analysts forecast that RTX Corporation will post 7.57 earnings per share for the current fiscal year.

RTX Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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