2,578 Shares in RTX Corporation $RTX Purchased by Latitude Advisors LLC

Latitude Advisors LLC bought a new position in shares of RTX Corporation (NYSE:RTX) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,578 shares of the company’s stock, valued at approximately $479,000.

Several other institutional investors and hedge funds have also made changes to their positions in RTX. Balance Wealth Partners LLC acquired a new stake in shares of RTX during the third quarter valued at about $199,000. Roman Butler Fullerton & Co. increased its position in shares of RTX by 33.7% during the third quarter. Roman Butler Fullerton & Co. now owns 17,212 shares of the company’s stock worth $3,307,000 after acquiring an additional 4,335 shares during the last quarter. Insight Inv LLC lifted its stake in shares of RTX by 5.4% in the third quarter. Insight Inv LLC now owns 18,771 shares of the company’s stock worth $3,485,000 after acquiring an additional 955 shares in the last quarter. SYM FINANCIAL Corp lifted its stake in shares of RTX by 73.8% in the third quarter. SYM FINANCIAL Corp now owns 4,888 shares of the company’s stock worth $907,000 after acquiring an additional 2,076 shares in the last quarter. Finally, Ashton Thomas Securities LLC lifted its stake in shares of RTX by 76.4% in the third quarter. Ashton Thomas Securities LLC now owns 3,829 shares of the company’s stock worth $711,000 after acquiring an additional 1,658 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Citigroup restated a “buy” rating on shares of RTX in a report on Wednesday, October 7th. Susquehanna increased their target price on RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research note on Friday, July 24th. Argus set a $245.00 price target on shares of RTX and gave the stock a “buy” rating in a research report on Thursday, July 30th. DA Davidson raised their price target on shares of RTX from $192.00 to $219.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. Finally, Weiss Ratings upgraded shares of RTX from a “buy (b)” rating to a “buy (a-)” rating in a research note on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $228.86.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s record $340 billion backlog, including approximately $164 billion in defense orders, provides substantial revenue visibility. Recent coverage highlights the company’s exposure to commercial aerospace recovery, missiles, radar modernization and rising defense budgets. Palantir versus RTX article
• Positive Sentiment: A new report projects the global drone-defense market will reach $18.19 billion by 2030, supported by a 30.6% compound annual growth rate. RTX is identified as a major participant, potentially benefiting from demand for counter-drone systems and related defense technologies. Global drone defense market report
• Positive Sentiment: Collins Aerospace launched an ARINCDirect OpenAPI service, allowing business-aviation operators to integrate flight-planning and operational data into existing software. The product could improve customer workflow and deepen Collins’ recurring digital-services relationships. Collins Aerospace OpenAPI article
• Neutral Sentiment: RTX CFO Neil Mitchill is scheduled to speak at the Baird 2026 Global Industrial Conference on November 10. Investors may look for updates on demand, cash flow, margins and the backlog. RTX CFO conference announcement
• Negative Sentiment: After a powerful three-year share-price advance, RTX trades at roughly 32 times earnings. Coverage questions whether future cash generation and execution can justify the valuation, limiting near-term upside despite strong fundamentals. RTX valuation and cash flow analysis

RTX Trading Down 1.5%

NYSE:RTX opened at $194.49 on Wednesday. RTX Corporation has a one year low of $166.74 and a one year high of $226.88. The stock has a 50-day simple moving average of $196.07 and a 200 day simple moving average of $195.41.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.48. 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 firm earned $1.70 earnings per share. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. Equities research analysts predict that RTX Corporation will post 7.57 earnings per share for the current fiscal year.

Insider Activity at RTX

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 completion of the sale, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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.