QRG Capital Management Inc. Has $27.64 Million Holdings in RTX Corporation $RTX

QRG Capital Management Inc. trimmed its position in RTX Corporation (NYSE:RTX) by 22.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 165,150 shares of the company’s stock after selling 47,123 shares during the period. QRG Capital Management Inc.’s holdings in RTX were worth $27,635,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. PFS Partners LLC grew its holdings in RTX by 101.1% during the second quarter. PFS Partners LLC now owns 177 shares of the company’s stock worth $26,000 after purchasing an additional 89 shares during the period. LFA Lugano Financial Advisors SA acquired a new stake in shares of RTX in the second quarter valued at approximately $29,000. Access Investment Management LLC acquired a new stake in shares of RTX in the second quarter valued at approximately $31,000. SOA Wealth Advisors LLC. boosted its stake in shares of RTX by 57.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after acquiring an additional 70 shares during the period. Finally, Clayton Financial Group LLC acquired a new position in shares of RTX during the 3rd quarter worth approximately $36,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on RTX shares. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 14th. Susquehanna reaffirmed a “positive” rating and set a $230.00 target price on shares of RTX in a report on Thursday. UBS Group downgraded RTX from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $202.00 to $199.00 in a report on Monday, January 5th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $189.00 price target on shares of RTX in a research report on Tuesday, January 6th. Finally, The Goldman Sachs Group raised their target price on shares of RTX from $151.00 to $168.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, RTX has an average rating of “Moderate Buy” and a consensus target price of $186.88.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Strong fundamentals & guidance — RTX reported a solid Q3 with revenue up ~12% year/year, an EPS beat and set FY‑2025 guidance (6.10–6.20 EPS), giving investors confidence in near‑term earnings growth.
• Positive Sentiment: Analyst/upgrades and price targets — Multiple firms (Citigroup, BofA, UBS, JP Morgan and others) have recent Buy/Overweight ratings and several price targets above current levels, supporting upward momentum; median analyst target remains above many prior levels. QuiverQuant RTX note
• Positive Sentiment: Zacks style/quality lift — Zacks highlights RTX as a strong growth stock under its style scores, which can attract momentum and quant-driven flows. Zacks: Here’s Why RTX is a Strong Growth Stock
• Neutral Sentiment: GPU/memory supply headlines (NVIDIA/ASUS) — A wave of articles about Nvidia/ASUS ending or pausing RTX 5070 Ti/5060 Ti production and memory shortages is dominating tech news but is only tangential to RTX (a defense/aerospace firm). These reports may affect component suppliers broadly but are unlikely to be a direct driver for RTX today. ExtremeTech GPU memory story The Verge ASUS clarification PCMag Nvidia shipping update
• Negative Sentiment: Political risk / contract-threat chatter — Social media and news summaries flagged a high‑profile threat from political leadership to cut government contracts; that controversy creates headline risk and uncertainty around future defense awards. QuiverQuant RTX note
• Negative Sentiment: Insider selling & institutional rebalancing — QuiverQuant flags notable insider sell activity (multiple senior execs selling) and large institutional reductions (State Street removed a big position), which can weigh on sentiment and signal portfolio trimming. QuiverQuant insider/flows detail

RTX Stock Performance

Shares of RTX stock opened at $202.13 on Friday. The company’s 50 day moving average price is $180.39 and its two-hundred day moving average price is $166.78. The firm has a market capitalization of $271.01 billion, a P/E ratio of 41.51, a P/E/G ratio of 2.89 and a beta of 0.44. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.07 and a quick ratio of 0.81. RTX Corporation has a fifty-two week low of $112.27 and a fifty-two week high of $202.17.

RTX (NYSE:RTX) last released its quarterly earnings data on Tuesday, October 21st. The company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.29. RTX had a return on equity of 13.28% and a net margin of 7.67%.The company had revenue of $22.48 billion for the quarter, compared to the consensus estimate of $21.26 billion. During the same quarter last year, the business posted $1.45 EPS. RTX’s revenue for the quarter was up 11.9% on a year-over-year basis. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. On average, equities analysts forecast that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Friday, November 21st were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, November 21st. RTX’s dividend payout ratio (DPR) is 55.85%.

Insiders Place Their Bets

In other RTX news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $180.15, for a total value of $873,547.35. Following the completion of the transaction, the executive vice president directly owned 59,556 shares in the company, valued at approximately $10,729,013.40. This represents a 7.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.15% of the stock is owned by insiders.

About RTX

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.