RTX Corporation $RTX Stock Sold by VestGen Advisors LLC

Key Points

• VestGen Advisors cut its RTX stake by 16.2% in the third quarter, selling 5,154 shares and retaining 26,751 shares worth approximately $4.97 million. Institutional investors collectively own 86.5% of RTX.
• Analysts remain broadly positive, with RTX receiving a consensus “Moderate Buy” rating and an average price target of $228.86. Several firms recently raised their targets, including BNP Paribas Exane to $265 and Barclays to $235.
• RTX reported strong quarterly results, with EPS of $2.26 and revenue of $24.96 billion, both exceeding estimates, while revenue rose 11.1% year over year. However, the stock’s premium valuation and recent weakness across defense shares could limit near-term upside.

VestGen Advisors LLC decreased its holdings in RTX Corporation (NYSE:RTX - Free Report) by 16.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,751 shares of the company's stock after selling 5,154 shares during the period. VestGen Advisors LLC's holdings in RTX were worth $4,966,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pine Valley Investments Ltd Liability Co lifted its stake in RTX by 63.2% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 33,877 shares of the company's stock worth $6,535,000 after purchasing an additional 13,118 shares during the last quarter. Rokos Capital Management LLP raised its holdings in shares of RTX by 804.3% in the 1st quarter. Rokos Capital Management LLP now owns 556,152 shares of the company's stock worth $107,265,000 after acquiring an additional 494,652 shares during the last quarter. Legal & General Group Plc bought a new position in RTX during the 2nd quarter valued at $1,267,256,000. Eastern Bank boosted its stake in shares of RTX by 112.0% in the 3rd quarter. Eastern Bank now owns 177,392 shares of the company's stock worth $32,933,000 after buying an additional 93,725 shares during the last quarter. Finally, Corient Private Wealth LP grew its position in RTX by 2,669.1% during the second quarter. Corient Private Wealth LP now owns 1,399,904 shares of the company's stock valued at $265,604,000 after buying an additional 1,349,350 shares during the period. Institutional investors and hedge funds own 86.50% of the company's stock.

Analysts Set New Price Targets

RTX has been the topic of several recent research reports. DA Davidson upped their price objective on shares of RTX from $192.00 to $219.00 and gave the company a "neutral" rating in a report on Monday, July 27th. Barclays boosted their price target on shares of RTX from $223.00 to $235.00 and gave the company an "overweight" rating in a research report on Wednesday, October 21st. 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 research note on Friday, July 24th. Susquehanna lifted their price objective on shares of RTX from $235.00 to $245.00 and gave the company a "positive" rating in a research note on Friday, July 24th. Finally, Citigroup reissued a "buy" rating on shares of RTX in a report on Wednesday, October 7th. One equities research 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.com, RTX has an average rating of "Moderate Buy" and a consensus target price of $228.86.

Key Stories Impacting RTX

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

RTX Price Performance

RTX stock opened at $195.91 on Thursday. The firm has a 50 day moving average of $195.47 and a 200-day moving average of $195.46. The company has a current ratio of 1.05, a quick ratio of 0.81 and a debt-to-equity ratio of 0.44. RTX Corporation has a 12 month low of $166.74 and a 12 month high of $226.88. The firm has a market capitalization of $264.37 billion, a P/E ratio of 31.80, a price-to-earnings-growth ratio of 2.24 and a beta of 0.31.

RTX (NYSE:RTX - Get Free Report) last posted its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, topping analysts' consensus estimates of $1.78 by $0.48. RTX had a net margin of 8.75% and a return on equity of 14.89%. The business had revenue of $24.96 billion for the quarter, compared to analyst estimates of $24.11 billion. During the same quarter in the prior year, the firm posted $1.70 EPS. RTX's revenue was up 11.1% on a year-over-year basis. As a group, sell-side analysts predict that RTX Corporation will post 7.57 earnings per share for the current fiscal year.

Insider Buying and Selling at RTX

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the firm'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 sale, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.10% of the company's stock.

RTX 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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