3,331 RTX Corporation $RTX Shares Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC increased its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 14.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,613 shares of the company’s stock after purchasing an additional 3,331 shares during the quarter. Sowell Financial Services LLC’s holdings in RTX were worth $4,941,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of RTX. Evergreen Advisors LLC bought a new position in RTX in the 1st quarter valued at approximately $31,000. Signature Resources Capital Management LLC raised its holdings in RTX by 111.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock worth $36,000 after purchasing an additional 97 shares during the last quarter. BOK Financial Private Wealth Inc. acquired a new position in shares of RTX in the 2nd quarter worth approximately $36,000. Networth Advisors LLC acquired a new stake in shares of RTX during the first quarter worth $40,000. Finally, Groupe la Francaise increased its position in shares of RTX by 50.9% during the second quarter. Groupe la Francaise now owns 261 shares of the company’s stock worth $45,000 after buying an additional 88 shares during the period. 86.50% of the stock is currently owned by institutional investors.

RTX Price Performance

RTX stock opened at $191.57 on Thursday. The stock has a market capitalization of $258.19 billion, a price-to-earnings ratio of 31.10, a PEG ratio of 2.33 and a beta of 0.31. RTX Corporation has a 52-week low of $166.74 and a 52-week high of $226.88. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.05. The stock’s 50 day moving average price is $197.84 and its two-hundred day moving average price is $193.65.

RTX (NYSE:RTX – Get Free Report) last released its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.48. RTX had a net margin of 8.75% and a return on equity of 14.89%. The company had revenue of $24.96 billion during the quarter, compared to analyst estimates of $24.11 billion. During the same quarter in the previous year, the business posted $1.70 EPS. RTX’s revenue for the quarter was up 11.1% compared to the same quarter last year. On average, equities analysts predict that RTX Corporation will post 7.70 earnings per share for the current year.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: Strong Q3 beat and raised guidance: RTX reported adjusted earnings of $2.26 per share, well above the $1.78 consensus, while revenue rose 11.1% year over year to approximately $25 billion. Management raised full-year 2026 adjusted EPS guidance to $7.65–$7.75 from the prior outlook and projected revenue of $97.0–$97.5 billion, above analyst expectations. RTX Reports Q3 2026 Results
  • Positive Sentiment: Record backlog supports visibility: More than $81 billion of new commercial and defense awards in the quarter lifted RTX’s backlog to a record $340 billion. Missile agreements, defense production and continued commercial aerospace aftermarket demand provide support for growth into 2027 and beyond. RTX lifts 2026 forecasts
  • Positive Sentiment: Additional business wins and product launches: RTX secured $729 million in counter-drone contracts, while Collins Aerospace announced FAA-compliant radio-altimeter upgrades and new flight-support software. Pratt & Whitney Canada also introduced a certified turboprop engine designed to deliver more power and lower fuel consumption. RTX Secures $729M LIDS Contracts
  • Neutral Sentiment: Analysts highlighted expanding margins, stronger aerospace demand and improving Pratt & Whitney performance. However, RTX’s valuation remains elevated, and the company’s decision to pause share repurchases may limit near-term shareholder returns. Are RTX and Northrop Grumman Ready to Break Out?
  • Negative Sentiment: Investors remain cautious about margin pressures, aircraft-engine costs and the sustainability of cash-flow gains. A portion of recent operating-cash-flow improvement reportedly came from selling receivables, which may be viewed as less durable than organic cash generation. RTX cash recovery from selling receivables

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on RTX. UBS Group lifted their target price on shares of RTX from $209.00 to $212.00 and gave the stock a “neutral” rating in a research note on Wednesday. Morgan Stanley reiterated an “overweight” rating and set a $240.00 price target (up from $220.00) on shares of RTX in a report on Friday, July 24th. TD Cowen decreased their price target on RTX from $240.00 to $225.00 and set a “buy” rating for the company in a report on Friday, October 9th. Royal Bank Of Canada lowered their price objective on RTX from $250.00 to $235.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. Finally, Deutsche Bank Aktiengesellschaft downgraded RTX from a “buy” rating to a “hold” rating and set a $208.00 price objective on the stock. in a research note on Tuesday, October 13th. Eighteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $227.12.

Check Out Our Latest Report on RTX

Insider Buying and Selling

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction on 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 approximately $4,774,193.38. This trade represents a 17.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,222 shares of company stock valued at $6,362,003 over the last ninety days. 0.10% of the stock is owned by corporate insiders.

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.

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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