RTX Corporation $RTX Stock: Park Avenue Securities LLC Raises Stake

Park Avenue Securities LLC increased its stake in RTX Corporation (NYSE:RTX) by 3.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,459 shares of the company’s stock after acquiring an additional 3,681 shares during the quarter. Park Avenue Securities LLC’s holdings in RTX were worth $19,022,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of RTX. Insight Wealth Partners LLC purchased a new position in RTX during the 3rd quarter worth $1,069,000. Verdence Capital Advisors LLC grew its stake in shares of RTX by 2.5% in the 3rd quarter. Verdence Capital Advisors LLC now owns 27,854 shares of the company’s stock worth $5,171,000 after acquiring an additional 668 shares in the last quarter. Flagship Harbor Advisors LLC raised its holdings in shares of RTX by 3.6% in the third quarter. Flagship Harbor Advisors LLC now owns 24,992 shares of the company’s stock valued at $4,640,000 after purchasing an additional 868 shares during the last quarter. Plimoth Trust Co. LLC raised its holdings in shares of RTX by 3.5% in the third quarter. Plimoth Trust Co. LLC now owns 35,428 shares of the company’s stock valued at $6,577,000 after purchasing an additional 1,185 shares during the last quarter. Finally, Deroy & Devereaux Private Investment Counsel Inc. lifted its position in shares of RTX by 1.2% during the third quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 163,509 shares of the company’s stock valued at $30,355,000 after purchasing an additional 1,972 shares in the last quarter. 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: RTX is being positioned as a leading beneficiary of rising global defense spending. One analysis cited a 4.57x defense book-to-bill ratio and 36% year-over-year backlog growth, supporting stronger long-term revenue visibility and capacity investment. My Favorite Way To Cash In On A $740 Billion Defense Boom
• Positive Sentiment: Analyst comparisons with General Dynamics suggest RTX has meaningful upside potential from defense-budget expansion, contract wins and its diversified aerospace and defense operations, although valuation remains an important consideration. RTX vs. GD: Which Defense Stock Has Greater Upside Potential?
• Positive Sentiment: Recent investment coverage highlighted RTX among companies reporting strong quarterly results, citing a backlog of approximately $340 billion. This reinforces expectations for sustained demand across commercial aerospace and defense. Zacks Investment Ideas feature highlights: Valero Energy, RTX and Interactive Brokers
• Positive Sentiment: RTX’s latest reported quarter showed adjusted earnings of $2.26 per share versus a $1.78 consensus estimate, while revenue reached $24.97 billion, up 11.1% year over year and above expectations. The results support the current bullish sentiment.
• Neutral Sentiment: Several of the other headlines concern NVIDIA’s GeForce RTX graphics cards, RTX 5090 supply, RTX Spark laptops and GPU firmware. Those products belong to NVIDIA, not RTX Corporation, and therefore have no direct effect on RTX stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Robert W. Baird set a $240.00 price objective on shares of RTX in a research report on Friday, July 24th. Argus set a $245.00 target price on shares of RTX and gave the stock a “buy” rating in a research report on Thursday, July 30th. Royal Bank Of Canada cut their target price on RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Susquehanna upped their target price on RTX from $235.00 to $245.00 and gave the company a “positive” rating in a report on Friday, July 24th. Finally, BNP Paribas Exane upped their target price on RTX from $220.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $228.32.

RTX Price Performance

Shares of NYSE RTX opened at $197.45 on Tuesday. The stock’s 50-day simple moving average is $196.62 and its two-hundred day simple moving average is $195.37. RTX Corporation has a twelve month low of $166.74 and a twelve month high of $226.88. The firm has a market capitalization of $266.45 billion, a P/E ratio of 32.05, a P/E/G ratio of 2.24 and a beta of 0.31. The company has a quick ratio of 0.81, a current ratio of 1.05 and a debt-to-equity ratio of 0.44.

RTX (NYSE:RTX) last released its quarterly earnings results on Tuesday, October 20th. The company reported $2.26 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.48. The business 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%. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.70 EPS. As a group, equities analysts anticipate that RTX Corporation will post 7.57 EPS for the current fiscal year.

Insider Activity at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of RTX 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 transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. The trade was a 50.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.10% of the company’s stock.

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.