RTX Corporation $RTX Stock: Tamar Securities LLC Decreases Holdings

Tamar Securities LLC lowered its holdings in shares of RTX Corporation (NYSE:RTX) by 3.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,830 shares of the company’s stock after selling 3,810 shares during the period. RTX comprises 2.1% of Tamar Securities LLC’s portfolio, making the stock its 21st largest holding. Tamar Securities LLC’s holdings in RTX were worth $22,803,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. BlackRock Inc. bought a new stake in RTX in the second quarter valued at about $20,970,571,000. Bank of New York Mellon Corp bought a new position in RTX during the second quarter worth about $1,456,256,000. Legal & General Group Plc bought a new position in RTX during the second quarter worth about $1,267,256,000. Deutsche Bank AG acquired a new stake in RTX during the second quarter valued at approximately $725,900,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in RTX during the second quarter valued at approximately $636,932,000. Institutional investors own 86.50% of the company’s stock.

Insider Activity

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were 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 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 legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Dantaya M. Williams sold 9,071 shares of the business’s stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $201.70, for a total transaction of $1,829,620.70. Following the completion of the transaction, the executive vice president directly owned 16,930 shares of the company’s stock, valued at approximately $3,414,781. This represents a 34.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is owned by corporate insiders.

RTX Price Performance

RTX stock traded down $2.29 during midday trading on Friday, reaching $189.59. 5,018,540 shares of the company’s stock traded hands, compared to its average volume of 5,673,198. The company has a 50-day simple moving average of $193.46 and a two-hundred day simple moving average of $195.52. RTX Corporation has a 1-year low of $166.74 and a 1-year high of $226.88. The company has a market cap of $255.84 billion, a price-to-earnings ratio of 30.78, a PEG ratio of 2.26 and a beta of 0.30. 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) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.48. The company had revenue of $24.96 billion for the quarter, compared to analyst estimates of $24.11 billion. RTX had a return on equity of 14.89% and a net margin of 8.75%. The business’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.70 earnings per share. On average, analysts anticipate that RTX Corporation will post 7.68 earnings per share for the current year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Friday, November 20th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, November 20th. RTX’s payout ratio is currently 47.40%.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: A report highlights RTX’s substantial order base and investment in expanding production capacity. It cites a $340 billion backlog, third-quarter sales of about $25 billion, and a higher 2026 free-cash-flow outlook of $9 billion to $9.2 billion. These figures suggest demand could support growth, though execution and contract economics remain important. America’s Military Rebuild Starts With a Manufacturing Problem
• Positive Sentiment: Defense-industry earnings point to continuing demand for conventional weapons as well as drones and advanced defense systems. That broader rearmament trend could benefit RTX, which supplies air-defense systems and related equipment, although the report does not discuss RTX specifically. Tanks or drones? Defense earnings reveal a more complicated rearmament boom
• Negative Sentiment: Political uncertainty is pressuring defense-sector shares: a report says the midterm election results put a proposed $1.5 trillion defense spending request in doubt. If spending plans stall or shrink, investors may reassess future growth for contractors such as RTX. Defense Stocks Sank as Democrats Took Congress and the $1.5 Trillion Budget Looks Doomed
• Negative Sentiment: One report attributed RTX share weakness to insider selling, which can concern investors about near-term sentiment. The provided article details do not specify the seller or the size of the insider transaction. RTX Shares Down 2.7% After Insider Selling
• Negative Sentiment: ETFs sold about $39 million of RTX shares on Nov. 4. This may add near-term selling pressure, though ETF flows alone do not indicate a change in the company’s fundamentals. RTX Sees $39.0 Million in Net ETF Selling

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Robert W. Baird set a $240.00 price objective on RTX in a research note on Friday, July 24th. Sanford C. Bernstein cut their target price on RTX from $223.00 to $214.00 and set a “market perform” rating for the company in a research report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft lowered RTX from a “buy” rating to a “hold” rating and set a $208.00 price target on the stock. in a research note on Tuesday, October 13th. Rothschild & Co Redburn upped their price target on RTX from $180.00 to $215.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Finally, Citigroup reiterated a “buy” rating on shares of RTX in a research note on Wednesday, October 7th. One 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. According to data from MarketBeat, RTX has an average rating of “Moderate Buy” and a consensus price target of $231.24.

RTX Profile

RTX Corporation is an aerospace and defense company whose businesses include Collins Aerospace, Pratt & Whitney and Raytheon. The company serves commercial aviation, military and government customers around the world.

Collins Aerospace develops aircraft systems and components, including avionics, communications, flight controls and cabin equipment. Pratt & Whitney designs and manufactures aircraft engines and provides related maintenance services. Raytheon develops defense systems and technologies, including air and missile defense, sensors and precision weapons.

RTX was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation.