3,599 RTX Corporation $RTX Shares Sold by Royal Fund Management LLC

Royal Fund Management LLC reduced its position in RTX Corporation (NYSE:RTX) by 5.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,754 shares of the company’s stock after selling 3,599 shares during the quarter. RTX makes up about 1.0% of Royal Fund Management LLC’s investment portfolio, making the stock its 26th largest holding. Royal Fund Management LLC’s holdings in RTX were worth $12,579,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Fortress Financial Group LLC purchased a new position in shares of RTX during the 2nd quarter valued at $358,000. Evergreen Advisors LLC bought a new stake in RTX during the first quarter valued at about $31,000. Signature Resources Capital Management LLC raised its holdings in RTX by 111.5% during the first 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. purchased a new position in shares of RTX in the second quarter valued at about $36,000. Finally, Networth Advisors LLC purchased a new position in shares of RTX in the first quarter valued at about $40,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at RTX

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction that occurred 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 sale, the vice president owned 20,099 shares of the company’s stock, valued at $4,360,076.07. The trade was a 10.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction that occurred 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 directly owned 13,184 shares in the company, valued at $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.10% of the company’s stock.

RTX Stock Up 1.5%

RTX opened at $194.49 on Friday. The company has a market capitalization of $262.45 billion, a PE ratio of 31.57, a price-to-earnings-growth ratio of 2.31 and a beta of 0.31. The firm has a 50-day simple moving average of $197.32 and a two-hundred day simple moving average of $193.64. The company has a quick ratio of 0.78, a current ratio of 1.05 and a debt-to-equity ratio of 0.44. RTX Corporation has a 52 week low of $166.74 and a 52 week high of $226.88.

RTX (NYSE:RTX) last issued its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.48. The firm had revenue of $24.96 billion for the quarter, compared to analysts’ expectations of $24.11 billion. RTX had a return on equity of 14.89% and a net margin of 8.75%. The business’s revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.70 earnings per share. Analysts forecast that RTX Corporation will post 7.72 earnings per share for the current fiscal year.

RTX News Summary

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.

Analyst Ratings Changes

RTX has been the subject of several research analyst reports. Morgan Stanley reiterated an “overweight” rating and set a $240.00 target price (up from $220.00) on shares of RTX in a research report on Friday, July 24th. JPMorgan Chase & Co. boosted their price target on RTX from $215.00 to $240.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Citigroup restated a “buy” rating on shares of RTX in a research note on Wednesday, October 7th. Wells Fargo & Company increased their price objective on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Finally, DA Davidson lifted their price objective on shares of RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $227.12.

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.