Clark Financial Services Group Inc. BD lowered its position in shares of RTX Corporation (NYSE:RTX – Free Report) by 23.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,152 shares of the company’s stock after selling 8,618 shares during the quarter. RTX comprises approximately 2.4% of Clark Financial Services Group Inc. BD’s portfolio, making the stock its 10th biggest position. Clark Financial Services Group Inc. BD’s holdings in RTX were worth $5,226,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the business. Fortress Financial Group LLC purchased a new stake in shares of RTX in the 2nd quarter worth about $358,000. Evergreen Advisors LLC bought a new position in shares of RTX in the 1st quarter worth about $31,000. Signature Resources Capital Management LLC increased its stake in shares of RTX by 111.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock worth $36,000 after acquiring an additional 97 shares in the last quarter. BOK Financial Private Wealth Inc. purchased a new position in RTX during the 2nd quarter valued at about $36,000. Finally, Networth Advisors LLC purchased a new position in RTX during the 1st quarter valued at about $40,000. Institutional investors own 86.50% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of RTX from $215.00 to $240.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Argus set a $245.00 target price on shares of RTX and gave the company a “buy” rating in a research note on Thursday, July 30th. Rothschild & Co Redburn lifted their target price on shares of RTX from $180.00 to $215.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. BNP Paribas Exane lifted their target price on shares of RTX from $220.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Finally, Sanford C. Bernstein dropped their price target on RTX from $223.00 to $214.00 and set a “market perform” rating on the stock in a research report on Thursday. Eighteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned 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 Stock Report on RTX
RTX Stock Down 0.7%
Shares of NYSE RTX traded down $1.41 during trading on Monday, reaching $192.51. The company had a trading volume of 6,822,840 shares, compared to its average volume of 5,333,709. RTX Corporation has a 12-month low of $159.45 and a 12-month high of $226.88. The stock has a market cap of $259.46 billion, a PE ratio of 33.89, a P/E/G ratio of 2.50 and a beta of 0.31. The business’s 50-day moving average is $199.69 and its 200 day moving average is $193.70. 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 (NYSE:RTX – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.23. The firm had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%. The company’s revenue was up 14.5% on a year-over-year basis. During the same period last year, the company earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: The U.S. Army awarded the Javelin Joint Venture, a partnership between Raytheon (an RTX business) and Lockheed Martin, a $215 million contract to produce Lightweight Command Launch Units. The award supports RTX’s defense backlog and highlights continued demand for modernized missile systems. U.S. Army awards Javelin Joint Venture contract
- Positive Sentiment: RTX’s previous quarter surpassed analyst expectations for both earnings and revenue, while management raised full-year guidance. That performance provides a favorable setup for the upcoming report and supports the company’s aerospace and defense growth narrative. RTX earnings preview
- Neutral Sentiment: RTX is scheduled to report third-quarter results Tuesday. Investors will focus on whether sales, margins, cash flow and updated guidance can justify expectations for another earnings beat or guidance increase. With the stock trading at a premium valuation, results may need to exceed expectations to generate additional upside. RTX reports Q3 earnings preview
- Negative Sentiment: The earnings setup creates near-term downside risk: analysts already anticipate another strong quarter and potentially higher guidance. Any signs of production constraints, weaker commercial aerospace recovery, margin pressure or cautious outlook could prompt profit-taking, particularly given RTX’s elevated P/E ratio.
Insider Activity at RTX
In other RTX news, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $210.29, for a total value of $1,799,451.53. Following the completion of the transaction, 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. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction dated 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 completion of the transaction, the executive vice president directly 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. In the last ninety days, insiders have sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by insiders.
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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