4,100 Shares in RTX Corporation $RTX Acquired by Paladin Wealth LLC

Paladin Wealth LLC bought a new stake in shares of RTX Corporation (NYSE:RTX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,100 shares of the company’s stock, valued at approximately $761,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of RTX. BlackRock Inc. bought a new stake in RTX in the second quarter worth $20,970,571,000. State Street Corp boosted its stake in RTX by 3.1% during the second quarter. State Street Corp now owns 95,417,318 shares of the company’s stock worth $18,103,528,000 after buying an additional 2,828,056 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in RTX by 5.0% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock valued at $1,649,501,000 after acquiring an additional 411,356 shares during the last quarter. Amundi increased its position in RTX by 4.0% during the second quarter. Amundi now owns 7,768,207 shares of the company’s stock valued at $1,473,862,000 after acquiring an additional 295,964 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in RTX during the second quarter valued at $1,456,256,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group increased their target price on shares of RTX from $195.00 to $206.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Wells Fargo & Company lifted their price target on shares of RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Barclays upped their price target on shares of RTX from $223.00 to $235.00 and gave the company an “overweight” rating in a report 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. Finally, Weiss Ratings raised shares of RTX from a “buy (b)” rating to a “buy (a-)” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus target price of $227.12.

RTX Price Performance

RTX opened at $191.10 on Monday. The business has a fifty day moving average of $196.68 and a 200 day moving average of $193.59. RTX Corporation has a 52-week low of $166.74 and a 52-week high of $226.88. The company has a quick ratio of 0.81, a current ratio of 1.05 and a debt-to-equity ratio of 0.44. The stock has a market cap of $257.88 billion, a P/E ratio of 31.02, a PEG ratio of 2.24 and a beta of 0.31.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 EPS for the quarter, beating the consensus estimate of $1.78 by $0.48. RTX had a return on equity of 14.89% and a net margin of 8.75%. The company had revenue of $24.96 billion for the quarter, compared to the consensus estimate of $24.11 billion. During the same quarter in the prior year, the company posted $1.70 EPS. RTX’s quarterly revenue was up 11.1% on a year-over-year basis. As a group, sell-side analysts anticipate that RTX Corporation will post 7.57 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction on 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 directly owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the transaction, the vice president owned 20,099 shares in the company, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is currently owned by insiders.

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.

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.