Robeco Institutional Asset Management B.V. lifted its position in shares of RTX Corporation (NYSE:RTX – Free Report) by 5.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 402,688 shares of the company’s stock after purchasing an additional 20,904 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in RTX were worth $74,759,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently modified their holdings of the company. Petredis Investment Advisors LLC boosted its stake in RTX by 0.5% during the third quarter. Petredis Investment Advisors LLC now owns 18,977 shares of the company’s stock worth $3,523,000 after buying an additional 91 shares in the last quarter. Miller Financial Services LLC raised its stake in shares of RTX by 26.7% in the 3rd quarter. Miller Financial Services LLC now owns 2,374 shares of the company’s stock valued at $441,000 after buying an additional 500 shares in the last quarter. 55 North Private Wealth LLC raised its stake in shares of RTX by 3.3% in the 3rd quarter. 55 North Private Wealth LLC now owns 3,968 shares of the company’s stock valued at $737,000 after buying an additional 127 shares in the last quarter. Prentice Wealth Management LLC lifted its holdings in shares of RTX by 2.2% during the 3rd quarter. Prentice Wealth Management LLC now owns 11,506 shares of the company’s stock worth $2,136,000 after acquiring an additional 244 shares during the period. Finally, Focused Alpha LLC lifted its holdings in shares of RTX by 59.7% during the 3rd quarter. Focused Alpha LLC now owns 5,553 shares of the company’s stock worth $1,031,000 after acquiring an additional 2,076 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raised outlook and record backlog support growth: RTX raised its FY 2026 guidance to adjusted EPS of $7.65–$7.75 and revenue of $97.0–$97.5 billion, above consensus estimates. Management also highlighted a record $340 billion backlog, expanding defense production and robust commercial aerospace demand. RTX Q3 Earnings Call Highlights Defense Backlog and Higher 2026 Outlook
- Positive Sentiment: Profitability improved significantly: Adjusted segment operating profit rose with roughly 310 basis points of margin expansion, while strong cash flow and demand for aircraft replacement parts, repairs, avionics and engines reinforce RTX’s longer-term earnings and dividend appeal. RTX Q3 Earnings Put Margin Gains Ahead Of Stock Price Reaction
- Positive Sentiment: Defense bookings remain supportive: Raytheon secured a $350 million modification to a U.S. Air Force contract, adding near-term revenue visibility to the company’s already substantial defense backlog. RTX’s Raytheon Secures $350 Million US Air Force Contract Modification
- Neutral Sentiment: New Collins Aerospace products, including FAA-compliant radio-altimeter upgrades and digital air-traffic surveillance tools, and Pratt & Whitney Canada’s certified PT9 turboprop expand RTX’s commercial aerospace offering. Their financial contribution is likely to develop over time. Collins Aerospace Announces Radio Altimeter Upgrades
- Negative Sentiment: RTX trades at a relatively elevated valuation after its earnings-driven advance, while ongoing margin pressures and paused buybacks could limit additional near-term upside despite the stronger outlook.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on RTX. DA Davidson upped their target price on shares of RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Susquehanna raised their price target on shares of RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research note on Friday, July 24th. TD Cowen cut their price target on shares of RTX from $240.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, October 9th. Rothschild & Co Redburn lifted their price objective on RTX from $180.00 to $215.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Finally, Citigroup reiterated a “buy” rating on shares of RTX in a research note on Wednesday, October 7th. Eighteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $227.12.
Read Our Latest Analysis on RTX
RTX Price Performance
Shares of RTX stock opened at $194.49 on Friday. The stock has a market capitalization of $262.45 billion, a price-to-earnings ratio of 31.57, a P/E/G ratio of 2.31 and a beta of 0.31. The firm’s 50-day moving average price is $197.32 and its two-hundred day moving average price is $193.64. 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 Corporation has a 1-year low of $166.74 and a 1-year high of $226.88.
RTX (NYSE:RTX – Get Free Report) last posted its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share (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 net margin of 8.75% and a return on equity of 14.89%. RTX’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.70 earnings per share. On average, equities analysts predict that RTX Corporation will post 7.72 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the transaction, the vice president owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the sale, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. The trade was a 50.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.10% of the company’s stock.
About RTX
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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