Insight Wealth Partners LLC Makes New Investment in RTX Corporation $RTX

Insight Wealth Partners LLC bought a new position in RTX Corporation (NYSE:RTX) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 5,756 shares of the company’s stock, valued at approximately $1,069,000.

Other institutional investors have also modified their holdings of the company. Verdence Capital Advisors LLC boosted its position in shares of RTX by 2.5% during the 3rd quarter. Verdence Capital Advisors LLC now owns 27,854 shares of the company’s stock valued at $5,171,000 after acquiring an additional 668 shares during the last quarter. Flagship Harbor Advisors LLC increased its position in RTX by 3.6% during the third quarter. Flagship Harbor Advisors LLC now owns 24,992 shares of the company’s stock worth $4,640,000 after purchasing an additional 868 shares during the last quarter. Plimoth Trust Co. LLC increased its position in RTX by 3.5% during the third quarter. Plimoth Trust Co. LLC now owns 35,428 shares of the company’s stock worth $6,577,000 after purchasing an additional 1,185 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. increased its position in RTX by 1.2% during the third quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 163,509 shares of the company’s stock worth $30,355,000 after purchasing an additional 1,972 shares during the last quarter. Finally, CPR Investments Inc. raised its stake in RTX by 7.2% during the third quarter. CPR Investments Inc. now owns 1,440 shares of the company’s stock worth $267,000 after purchasing an additional 97 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

NYSE RTX opened at $197.45 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.05 and a quick ratio of 0.81. RTX Corporation has a 1 year low of $166.74 and a 1 year high of $226.88. The company has a market capitalization of $266.45 billion, a PE ratio of 32.05, a P/E/G ratio of 2.24 and a beta of 0.31. The company has a fifty day moving average of $196.62 and a two-hundred day moving average of $195.37.

RTX (NYSE:RTX) last issued its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. The company had revenue of $24.96 billion during 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 firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.70 earnings per share. As a group, analysts expect that RTX Corporation will post 7.57 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on RTX. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 target price (up from $220.00) on shares of RTX in a report on Friday, July 24th. Royal Bank Of Canada reduced their target price on RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Weiss Ratings upgraded shares of RTX from a “buy (b)” rating to a “buy (a-)” rating in a report on Thursday. Argus set a $245.00 target price on RTX and gave the stock a “buy” rating in a research note on Thursday, July 30th. Finally, BNP Paribas Exane raised their price target on shares of RTX from $220.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $228.32.

Insider Buying and Selling

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction on 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 $2,952,161.28. This represents a 50.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is currently owned by company insiders.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX is being positioned as a leading beneficiary of rising global defense spending. One analysis cited a 4.57x defense book-to-bill ratio and 36% year-over-year backlog growth, supporting stronger long-term revenue visibility and capacity investment. My Favorite Way To Cash In On A $740 Billion Defense Boom
• Positive Sentiment: Analyst comparisons with General Dynamics suggest RTX has meaningful upside potential from defense-budget expansion, contract wins and its diversified aerospace and defense operations, although valuation remains an important consideration. RTX vs. GD: Which Defense Stock Has Greater Upside Potential?
• Positive Sentiment: Recent investment coverage highlighted RTX among companies reporting strong quarterly results, citing a backlog of approximately $340 billion. This reinforces expectations for sustained demand across commercial aerospace and defense. Zacks Investment Ideas feature highlights: Valero Energy, RTX and Interactive Brokers
• Positive Sentiment: RTX’s latest reported quarter showed adjusted earnings of $2.26 per share versus a $1.78 consensus estimate, while revenue reached $24.97 billion, up 11.1% year over year and above expectations. The results support the current bullish sentiment.
• Neutral Sentiment: Several of the other headlines concern NVIDIA’s GeForce RTX graphics cards, RTX 5090 supply, RTX Spark laptops and GPU firmware. Those products belong to NVIDIA, not RTX Corporation, and therefore have no direct effect on RTX stock.

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.