Stillwater Wealth Management Group Sells 7,754 Shares of RTX Corporation $RTX

Key Points

• Stillwater Wealth Management Group cut its RTX stake by 56.9% in the third quarter, selling 7,754 shares and retaining 5,876 shares valued at approximately $1.09 million. Institutional investors and hedge funds collectively own 86.5% of RTX.
• RTX reported quarterly EPS of $2.26, beating estimates of $1.78, while revenue rose 11.1% year over year to $24.96 billion. The company’s record $340 billion backlog and stronger outlook support continued aerospace and defense demand.
• RTX shares recently fell 1.5% to $190.41 despite the earnings beat. Analysts maintain a consensus “Moderate Buy” rating with a $227.12 price target, although recent insider sales totaled $6.36 million and the stock’s elevated valuation remains a consideration.

Stillwater Wealth Management Group reduced its stake in shares of RTX Corporation (NYSE:RTX - Free Report) by 56.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,876 shares of the company's stock after selling 7,754 shares during the quarter. Stillwater Wealth Management Group's holdings in RTX were worth $1,091,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Montz Harcus Wealth Management LLC boosted its holdings in RTX by 3.2% in the 2nd quarter. Montz Harcus Wealth Management LLC now owns 1,641 shares of the company's stock worth $311,000 after acquiring an additional 51 shares during the period. Safeguard Investment Advisory Group LLC raised its stake in shares of RTX by 2.4% during the second quarter. Safeguard Investment Advisory Group LLC now owns 2,269 shares of the company's stock valued at $430,000 after purchasing an additional 53 shares during the period. Investment Research Partners LLC raised its stake in shares of RTX by 2.3% during the third quarter. Investment Research Partners LLC now owns 2,502 shares of the company's stock valued at $464,000 after purchasing an additional 56 shares during the period. LexAurum Advisors LLC raised its stake in shares of RTX by 0.7% during the third quarter. LexAurum Advisors LLC now owns 8,256 shares of the company's stock valued at $1,533,000 after purchasing an additional 57 shares during the period. Finally, Dogwood Wealth Management LLC lifted its position in shares of RTX by 21.5% during the second quarter. Dogwood Wealth Management LLC now owns 328 shares of the company's stock worth $62,000 after purchasing an additional 58 shares in the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of the company's stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the sale, the vice president owned 22,349 shares in the company, valued at $4,774,193.38. This represents a 17.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of the 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 in the company, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 29,222 shares of company stock worth $6,362,003. Corporate insiders own 0.10% of the company's stock.

RTX Stock Down 1.5%

RTX stock traded down $2.94 during mid-day trading on Wednesday, hitting $190.41. 2,639,223 shares of the company were exchanged, compared to its average volume of 5,342,351. The firm has a fifty day simple moving average of $198.46 and a 200 day simple moving average of $193.68. The company has a market capitalization of $256.62 billion, a PE ratio of 33.59, a price-to-earnings-growth ratio of 2.47 and a beta of 0.31. RTX Corporation has a twelve month low of $166.74 and a twelve month high of $226.88. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47.

RTX (NYSE:RTX - Get Free Report) last issued its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.78 by $0.48. The business had revenue of $24.96 billion for the quarter, compared to analyst estimates of $24.11 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.70 EPS. On average, research analysts forecast that RTX Corporation will post 7.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

RTX has been the subject of several analyst reports. Rothschild & Co Redburn upped their target price on shares of RTX from $180.00 to $215.00 and gave the company a "neutral" rating in a research note on Wednesday, July 29th. Citigroup reaffirmed a "buy" rating on shares of RTX in a report on Wednesday, October 7th. UBS Group reaffirmed a "neutral" rating and set a $212.00 price target on shares of RTX in a research note on Wednesday. Weiss Ratings upgraded shares of RTX from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, August 25th. Finally, Wells Fargo & Company boosted their price objective on shares of RTX from $200.00 to $230.00 and gave the stock an "equal weight" rating in a report on Friday, July 24th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $227.12.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Strong Q3 beat and raised guidance: RTX reported adjusted earnings of $2.26 per share, well above the $1.78 consensus, while revenue rose 11.1% year over year to approximately $25 billion. Management raised its 2026 adjusted sales forecast to $97 billion-$97.5 billion and increased expectations for adjusted EPS and free cash flow. RTX Reports Q3 2026 Results
• Positive Sentiment: Record backlog supports future revenue: More than $81 billion in quarterly commercial and defense awards lifted RTX’s total backlog to a record $340 billion. Raytheon also secured $59 billion in defense awards, including $729 million in international counter-drone contracts, providing greater visibility into missile and air-defense demand. RTX Q3 Earnings Call Highlights
• Positive Sentiment: Commercial aerospace momentum remains favorable: Collins Aerospace continues to benefit from aircraft demand and aftermarket activity. New offerings include a more efficient certified PT9 turboprop engine, FAA-compliant radio-altimeter upgrades, flight-support data integration, and Tower MicroELITE air-traffic surveillance technology. These products could generate incremental sales while strengthening RTX’s aerospace portfolio. Pratt & Whitney Canada Introduces PT9 Engine
• Neutral Sentiment: Market reaction remains restrained: Although margins expanded sharply and earnings exceeded estimates, the stock’s limited reaction indicates that much of the good news may already be reflected in the share price. RTX trades at a relatively elevated earnings multiple, increasing sensitivity to any slowdown in aerospace recovery or defense execution.
• Negative Sentiment: Cash-flow quality is a consideration: A report noted that a significant portion of first-half operating-cash-flow improvement came from selling receivables. While this supports near-term liquidity, investors may scrutinize whether cash generation can keep pace without continued factoring.

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.

Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.