93,725 RTX Corporation $RTX Shares Bought by Eastern Bank

Eastern Bank increased its position in shares of RTX Corporation (NYSE:RTX - Free Report) by 112.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 177,392 shares of the company's stock after acquiring an additional 93,725 shares during the quarter. Eastern Bank's holdings in RTX were worth $32,933,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC bought a new position in shares of RTX in the 4th quarter valued at about $26,000. 1 North Wealth Services LLC lifted its holdings in RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company's stock valued at $31,000 after buying an additional 137 shares during the period. Evergreen Advisors LLC acquired a new position in RTX in the first quarter valued at approximately $31,000. Signature Resources Capital Management LLC boosted its stake in RTX by 111.5% in 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 last quarter. Finally, BOK Financial Private Wealth Inc. acquired a new stake in RTX during the 2nd quarter worth $36,000. Institutional investors own 86.50% of the company's stock.

Analysts Set New Price Targets

RTX has been the topic of a number of analyst reports. BNP Paribas Exane increased their price target on RTX from $220.00 to $265.00 and gave the company an "outperform" rating in a research note on Friday, July 24th. Sanford C. Bernstein dropped their price objective on RTX from $232.00 to $223.00 and set a "market perform" rating for the company in a report on Wednesday, September 23rd. Jefferies Financial Group set a $250.00 target price on RTX and gave the company a "buy" rating in a research note on Sunday, July 26th. DA Davidson raised their target price on RTX from $192.00 to $219.00 and gave the stock a "neutral" rating in a report on Monday, July 27th. Finally, Citigroup boosted their target price on RTX from $226.00 to $240.00 and gave the stock a "buy" rating in a research report on Thursday, August 13th. Eighteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $229.48.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: A FY2026 defense appropriations agreement includes more than $6.3 billion for 13 critical munitions, along with conditional multiyear procurement authority for eight programs. The funding could benefit RTX’s missile and munitions businesses, especially as the company expands production capacity. RTX Corp. Gets a $6.3 Billion Munitions Tailwind
• Positive Sentiment: Market strategists identify RTX as an oversold defense and industrial name that could benefit if investors rotate away from technology stocks and market breadth improves. This provides a potential near-term recovery catalyst, although it depends on broader market conditions. Five Oversold Corners of the Market
• Neutral Sentiment: Articles comparing RTX with General Dynamics frame both companies as beneficiaries of increased Pentagon spending, but the discussion is primarily an investment-style comparison rather than a new RTX-specific contract or earnings catalyst. RTX vs. GD
• Negative Sentiment: A bearish investment analysis argues that RTX’s strong backlog, rising defense demand and engine-and-missile growth are already reflected in the valuation. With a trailing P/E above 32, the stock may have limited room for error if execution, margins or cash flow disappoint. Why RTX Is a Bad Investment at Today’s Price

Insider Buying and Selling at RTX

In other RTX news, insider Troy Brunk sold 8,557 shares of RTX stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $210.29, for a total value of $1,799,451.53. Following the transaction, the insider owned 8,809 shares of the company's stock, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the sale, the executive vice president directly owned 13,184 shares of the company's stock, valued at $2,952,161.28. This represents a 50.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is currently owned by corporate insiders.

RTX Trading Down 0.1%

RTX stock traded down $0.11 during midday trading on Monday, hitting $184.57. 1,130,370 shares of the company's stock were exchanged, compared to its average volume of 5,349,629. RTX Corporation has a one year low of $155.64 and a one year high of $226.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The company has a market cap of $248.75 billion, a PE ratio of 32.53, a price-to-earnings-growth ratio of 2.38 and a beta of 0.31. The stock's fifty day moving average price is $206.31 and its 200-day moving average price is $194.43.

RTX (NYSE:RTX - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping analysts' consensus estimates of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same quarter last year, the firm posted $1.56 earnings per share. RTX's revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Research analysts predict that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Profile

RTX Corporation NYSE: RTX is an aerospace and defense company that develops and supplies technologies for commercial aviation, business aviation, military operations and space applications. The company serves customers including aircraft manufacturers, airlines, governments and armed forces worldwide.

RTX operates through three principal business segments: Collins Aerospace, which provides aerospace systems, avionics, interiors, landing systems and other aircraft equipment; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance and services; and Raytheon, which develops integrated air and missile defense systems, precision weapons, radars, sensors, command-and-control technologies and other defense solutions.

The company was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation, although its businesses trace their histories to earlier aerospace and technology companies, including Pratt & Whitney and Collins Aerospace predecessor organizations.

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