RTX Corporation $RTX Stock Sold by D.A. Davidson & CO.

Key Points

• D.A. Davidson reduced its RTX stake by 3.4%, selling 29,774 shares and retaining 856,019 shares valued at approximately $158.9 million. Institutional investors collectively own 86.5% of the company.
• RTX reported stronger-than-expected quarterly results, with EPS of $2.26 and revenue of $24.96 billion; revenue increased 11.1% year over year. The company also has a record backlog of roughly $340 billion.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $228.86, though some firms have lowered targets and cited valuation and sector weakness risks.

D.A. Davidson & CO. lowered its stake in shares of RTX Corporation (NYSE:RTX - Free Report) by 3.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 856,019 shares of the company's stock after selling 29,774 shares during the quarter. RTX makes up about 0.9% of D.A. Davidson & CO.'s holdings, making the stock its 22nd biggest position. D.A. Davidson & CO.'s holdings in RTX were worth $158,920,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. BOKF NA increased its position in shares of RTX by 9.9% during the third quarter. BOKF NA now owns 90,702 shares of the company's stock worth $16,839,000 after purchasing an additional 8,205 shares in the last quarter. DecisionPoint Financial LLC lifted its holdings in shares of RTX by 66.9% in the 3rd quarter. DecisionPoint Financial LLC now owns 419 shares of the company's stock valued at $78,000 after purchasing an additional 168 shares during the last quarter. North Dakota State Investment Board boosted its position in shares of RTX by 3.9% in the 3rd quarter. North Dakota State Investment Board now owns 41,315 shares of the company's stock valued at $7,670,000 after purchasing an additional 1,532 shares during the period. BLB&B Advisors LLC boosted its position in shares of RTX by 2.4% in the 3rd quarter. BLB&B Advisors LLC now owns 3,107 shares of the company's stock valued at $577,000 after purchasing an additional 72 shares during the period. Finally, AMI Investment Management Inc. boosted its position in shares of RTX by 1.0% in the 3rd quarter. AMI Investment Management Inc. now owns 30,109 shares of the company's stock valued at $5,590,000 after purchasing an additional 308 shares during the period. Hedge funds and other institutional investors own 86.50% of the company's stock.

RTX Stock Performance

Shares of RTX stock opened at $195.91 on Thursday. The stock has a market capitalization of $264.37 billion, a PE ratio of 31.80, a price-to-earnings-growth ratio of 2.24 and a beta of 0.31. RTX Corporation has a 52-week low of $166.74 and a 52-week high of $226.88. The stock's 50-day moving average price is $195.47 and its 200 day moving average price is $195.46. 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 - Get Free Report) last posted 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 firm had revenue of $24.96 billion during the quarter, compared to the consensus estimate of $24.11 billion. During the same period in the prior year, the business earned $1.70 EPS. The firm's revenue was up 11.1% compared to the same quarter last year. As a group, equities research analysts forecast that RTX Corporation will post 7.57 EPS for the current year.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Long-term Collins Aerospace contract: Air Europa extended its exclusive Boeing 787 nacelle-maintenance agreement with RTX’s Collins Aerospace through 2037. The renewal provides long-term recurring aftermarket revenue and supports fleet reliability, although the financial contribution was not disclosed. Air Europa extends exclusive Boeing 787 nacelle maintenance agreement
• Positive Sentiment: Strong backlog and recent earnings: RTX’s record backlog is approximately $340 billion, including $164 billion in defense orders. Its latest quarter also showed 11.1% year-over-year revenue growth, with earnings and sales exceeding analyst expectations. These factors reinforce visibility into future revenue and cash flow. Better Defense Stock to Own Through 2030: Palantir vs. RTX Corporation
• Neutral Sentiment: Investor focus remains elevated: Articles are debating whether RTX’s multiyear rally and roughly 32-times earnings valuation are justified by its cash-generation potential, backlog and aerospace exposure. Analysts generally view the company as well positioned, but future gains may depend on continued execution and free-cash-flow growth. RTX: buy, sell, or hold post Q3 earnings?
• Negative Sentiment: Sector weakness and valuation risk: Defense stocks recently experienced an unusually prolonged losing streak, with the aerospace and defense ETF giving back its 2026 gains. That weakness could limit RTX’s near-term upside, particularly after its substantial three-year advance and with the stock trading at a premium to historical levels. 9 Defense Stocks to Watch Before the Next Big Rally

Insider Activity

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the business'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 transaction, the executive vice president 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on RTX. DA Davidson lifted their price target on RTX from $192.00 to $219.00 and gave the stock a "neutral" rating in a research report on Monday, July 27th. Citigroup reiterated a "buy" rating on shares of RTX in a research note on Wednesday, October 7th. Royal Bank Of Canada decreased their price objective on RTX from $250.00 to $235.00 and set an "outperform" rating for the company in a report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft lowered shares of RTX from a "buy" rating to a "hold" rating and set a $208.00 target price on the stock. in a research report on Tuesday, October 13th. Finally, Sanford C. Bernstein cut their target price on shares of RTX from $223.00 to $214.00 and set a "market perform" rating on the stock in a report on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, sixteen 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 company has a consensus rating of "Moderate Buy" and an average target price of $228.86.

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.

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