11,578 Shares of RTX Corporation $RTX Purchased by James Investment Research Inc.

Key Points

• James Investment Research acquired 11,578 RTX shares worth approximately $2.15 million, while institutional investors overall own 86.5% of the company.
• RTX reported stronger-than-expected quarterly results, with adjusted EPS of $2.26 and revenue of $24.96 billion, up 11.1% year over year. Raytheon also secured a $350 million U.S. Air Force contract modification, supporting future backlog and revenue visibility.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and average price target of $227.12, although two RTX executives recently sold shares and the stock was trading near $191.10.

James Investment Research Inc. acquired a new stake in shares of RTX Corporation (NYSE:RTX - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,578 shares of the company's stock, valued at approximately $2,149,000.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of RTX in the 2nd quarter valued at about $20,970,571,000. Bank of New York Mellon Corp purchased a new stake in RTX during the 2nd quarter valued at about $1,456,256,000. Legal & General Group Plc purchased a new stake in RTX during the 2nd quarter valued at about $1,267,256,000. Deutsche Bank AG bought a new position in RTX during the 2nd quarter worth approximately $725,900,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in RTX during the 2nd quarter worth approximately $636,932,000. Hedge funds and other institutional investors own 86.50% of the company's stock.

Insider Activity at RTX

In related news, EVP Ramsaran Maharajh sold 13,655 shares of RTX 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 sale, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Kevin G. Dasilva sold 2,250 shares of the business's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total transaction of $488,092.50. Following the transaction, the vice president directly 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 SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by insiders.

RTX Stock Down 1.9%

NYSE RTX opened at $191.10 on Friday. RTX Corporation has a 1 year low of $166.74 and a 1 year high of $226.88. The stock has a market capitalization of $257.88 billion, a PE ratio of 31.02, a PEG ratio of 2.37 and a beta of 0.31. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.05 and a quick ratio of 0.78. The business's 50-day moving average is $196.68 and its 200 day moving average is $193.62.

RTX (NYSE:RTX - Get Free Report) last released its quarterly earnings results on Tuesday, October 20th. The company reported $2.26 EPS for the quarter, beating analysts' consensus estimates of $1.78 by $0.48. RTX had a return on equity of 14.89% and a net margin of 8.75%. The business had revenue of $24.96 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. Sell-side analysts forecast that RTX Corporation will post 7.65 earnings per share for the current year.

RTX News Roundup

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.

Analyst Ratings Changes

RTX has been the topic of a number of analyst reports. Citigroup reaffirmed a "buy" rating on shares of RTX in a research note on Wednesday, October 7th. Weiss Ratings raised RTX from a "buy (b)" rating to a "buy (a-)" rating in a research note on Thursday. Morgan Stanley restated an "overweight" rating and issued a $240.00 target price (up from $220.00) on shares of RTX in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft downgraded shares of RTX from a "buy" rating to a "hold" rating and set a $208.00 target price on the stock. in a research note on Tuesday, October 13th. Finally, BNP Paribas Exane upped their price target on shares of RTX from $220.00 to $265.00 and gave the company an "outperform" rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $227.12.

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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