Smith Chas P & Associates PA Cpas Purchases New Holdings in RTX Corporation $RTX

Smith Chas P & Associates PA Cpas bought a new position in RTX Corporation (NYSE:RTX) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,406 shares of the company’s stock, valued at approximately $1,242,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of RTX during the 2nd quarter valued at $20,970,571,000. State Street Corp boosted its stake in RTX by 3.1% during the second quarter. State Street Corp now owns 95,417,318 shares of the company’s stock valued at $18,103,528,000 after buying an additional 2,828,056 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in RTX by 5.0% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock worth $1,649,501,000 after buying an additional 411,356 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of RTX by 1.3% in the first quarter. Dimensional Fund Advisors LP now owns 7,649,112 shares of the company’s stock worth $1,475,296,000 after purchasing an additional 95,726 shares during the last quarter. Finally, Amundi increased its holdings in shares of RTX by 4.0% in the 2nd quarter. Amundi now owns 7,768,207 shares of the company’s stock worth $1,473,862,000 after buying an additional 295,964 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Argus set a $245.00 price objective on RTX and gave the stock a “buy” rating in a report on Thursday, July 30th. TD Cowen cut their price target on shares of RTX from $240.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, October 9th. JPMorgan Chase & Co. raised their target price on shares of RTX from $215.00 to $240.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. BNP Paribas Exane increased their target price on shares of RTX from $220.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Finally, Rothschild & Co Redburn increased their price objective on RTX from $180.00 to $215.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Eighteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price 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 full-year 2026 adjusted EPS guidance to $7.65–$7.75 from the prior outlook and projected revenue of $97.0–$97.5 billion, above analyst expectations. RTX Reports Q3 2026 Results
• Positive Sentiment: Record backlog supports visibility: More than $81 billion of new commercial and defense awards in the quarter lifted RTX’s backlog to a record $340 billion. Missile agreements, defense production and continued commercial aerospace aftermarket demand provide support for growth into 2027 and beyond. RTX lifts 2026 forecasts
• Positive Sentiment: Additional business wins and product launches: RTX secured $729 million in counter-drone contracts, while Collins Aerospace announced FAA-compliant radio-altimeter upgrades and new flight-support software. Pratt & Whitney Canada also introduced a certified turboprop engine designed to deliver more power and lower fuel consumption. RTX Secures $729M LIDS Contracts
• Neutral Sentiment: Analysts highlighted expanding margins, stronger aerospace demand and improving Pratt & Whitney performance. However, RTX’s valuation remains elevated, and the company’s decision to pause share repurchases may limit near-term shareholder returns. Are RTX and Northrop Grumman Ready to Break Out?
• Negative Sentiment: Investors remain cautious about margin pressures, aircraft-engine costs and the sustainability of cash-flow gains. A portion of recent operating-cash-flow improvement reportedly came from selling receivables, which may be viewed as less durable than organic cash generation. RTX cash recovery from selling receivables

RTX Trading Down 0.9%

RTX stock opened at $191.57 on Thursday. The firm’s fifty day simple moving average is $197.84 and its two-hundred day simple moving average is $193.65. The stock has a market capitalization of $258.19 billion, a price-to-earnings ratio of 31.10, a price-to-earnings-growth ratio of 2.33 and a beta of 0.31. The company has a quick ratio of 0.78, a current ratio of 1.05 and a debt-to-equity ratio of 0.44. RTX Corporation has a twelve month low of $166.74 and a twelve month high of $226.88.

RTX (NYSE:RTX) last released its 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. The firm had revenue of $24.96 billion for the quarter, compared to analysts’ expectations of $24.11 billion. RTX had a return on equity of 14.89% and a net margin of 8.75%. The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.70 earnings per share. As a group, analysts anticipate that RTX Corporation will post 7.70 earnings per share for the current year.

Insiders Place Their Bets

In other 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 $1,852,444.61. The trade was a 49.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the sale, the vice president owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is owned by corporate insiders.

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.