3,282 RTX Corporation $RTX Shares Acquired by Gray Private Wealth LLC

Gray Private Wealth LLC boosted its holdings in RTX Corporation (NYSE:RTX) by 238.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,656 shares of the company’s stock after acquiring an additional 3,282 shares during the quarter. RTX accounts for approximately 0.4% of Gray Private Wealth LLC’s investment portfolio, making the stock its 22nd biggest holding. Gray Private Wealth LLC’s holdings in RTX were worth $864,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in RTX. Montz Harcus Wealth Management LLC grew its holdings in shares of RTX by 3.2% in the second quarter. Montz Harcus Wealth Management LLC now owns 1,641 shares of the company’s stock valued at $311,000 after acquiring an additional 51 shares in the last quarter. IMG Wealth Management Inc. boosted its holdings in shares of RTX by 5.7% in the 3rd quarter. IMG Wealth Management Inc. now owns 958 shares of the company’s stock worth $178,000 after buying an additional 52 shares during the last quarter. Safeguard Investment Advisory Group LLC boosted its holdings in shares of RTX by 2.4% in the 2nd quarter. Safeguard Investment Advisory Group LLC now owns 2,269 shares of the company’s stock worth $430,000 after buying an additional 53 shares during the last quarter. Global View Capital Management LLC grew its position in RTX by 4.0% during the third quarter. Global View Capital Management LLC now owns 1,373 shares of the company’s stock valued at $255,000 after buying an additional 53 shares during the period. Finally, Investment Research Partners LLC grew its position in 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 buying an additional 56 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the sale, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.10% of the company’s stock.

RTX Stock Up 0.3%

Shares of NYSE RTX opened at $200.09 on Friday. The firm has a market capitalization of $270.01 billion, a PE ratio of 32.48, a price-to-earnings-growth ratio of 2.22 and a beta of 0.31. The company has a current ratio of 1.05, a quick ratio of 0.81 and a debt-to-equity ratio of 0.44. The firm has a fifty day simple moving average of $194.81 and a two-hundred day simple moving average of $195.55. RTX Corporation has a 12 month low of $166.74 and a 12 month high of $226.88.

RTX (NYSE:RTX) last released 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 firm had revenue of $24.96 billion for the quarter, compared to the consensus estimate of $24.11 billion. During the same period in the prior year, the firm earned $1.70 EPS. The company’s revenue was up 11.1% compared to the same quarter last year. Equities analysts expect that RTX Corporation will post 7.67 earnings per share for the current year.

RTX Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have commented on RTX. Argus set a $245.00 price objective on shares of RTX and gave the stock a “buy” rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. boosted their price objective on shares of RTX from $215.00 to $240.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. Jefferies Financial Group set a $250.00 target price on RTX and gave the stock a “buy” rating in a research note on Sunday, July 26th. TD Cowen dropped their target price 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. Finally, Weiss Ratings raised RTX from a “buy (b)” rating to a “buy (a-)” rating in a research note on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.86.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Quarterly dividend maintained: RTX’s board declared a cash dividend of $0.73 per share, payable December 10, 2026, to shareholders of record on November 20. The payment equates to $2.92 annually and a yield of approximately 1.4%, reinforcing the company’s shareholder-return profile. RTX Board of Directors Declares Quarterly Cash Dividend
• Positive Sentiment: Improving fundamental outlook: Recent coverage highlights RTX’s third-quarter revenue and earnings beat, raised guidance, record backlog, and signs of recovering commercial aerospace demand. The stronger outlook has helped shares recover recently, although the stock remains below its 52-week high. RTX Could Be 14% Undervalued As Raised Guidance Lifts The Valuation Case
• Positive Sentiment: Analyst sentiment remains favorable: The average brokerage recommendation for RTX is equivalent to a Buy. While analyst ratings should be interpreted cautiously, the consensus can provide near-term support for the stock. Is It Worth Investing in RTX Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Valuation remains a consideration: RTX trades at a relatively elevated earnings multiple following its recovery, so further gains may depend on continued execution, aerospace-market improvement, and delivery against raised guidance. The dividend is supportive but modest at roughly 1.4%.

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.