RTX Corporation $RTX Stock Sold by Grandfield & Dodd LLC

Grandfield & Dodd LLC decreased its holdings in shares of RTX Corporation (NYSE:RTX) by 1.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 327,976 shares of the company’s stock after selling 3,315 shares during the quarter. RTX makes up 3.2% of Grandfield & Dodd LLC’s investment portfolio, making the stock its 7th largest position. Grandfield & Dodd LLC’s holdings in RTX were worth $60,889,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Investment Partners LTD. acquired a new stake in shares of RTX during the 3rd quarter valued at $546,000. Cidel Asset Management Inc. increased its stake in shares of RTX by 0.8% in the third quarter. Cidel Asset Management Inc. now owns 9,778 shares of the company’s stock worth $1,815,000 after acquiring an additional 80 shares during the last quarter. Intrua Financial LLC increased its stake in shares of RTX by 1.7% in the third quarter. Intrua Financial LLC now owns 8,918 shares of the company’s stock worth $1,656,000 after acquiring an additional 148 shares during the last quarter. Summit Global Investments increased its stake in shares of RTX by 83.8% in the third quarter. Summit Global Investments now owns 7,909 shares of the company’s stock worth $1,468,000 after acquiring an additional 3,606 shares during the last quarter. Finally, MGO One Seven LLC raised its holdings in shares of RTX by 6.1% during the third quarter. MGO One Seven LLC now owns 35,615 shares of the company’s stock worth $6,612,000 after acquiring an additional 2,051 shares in the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

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 Stock Performance

Shares of RTX opened at $200.09 on Friday. The firm has a market cap of $270.01 billion, a price-to-earnings ratio of 32.48, a price-to-earnings-growth ratio of 2.23 and a beta of 0.31. The company’s fifty day moving average is $194.81 and its 200-day moving average is $195.55. 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 Corporation has a 12 month low of $166.74 and a 12 month high of $226.88.

RTX (NYSE:RTX) last released its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.48. The business had revenue of $24.96 billion during the quarter, compared to analyst estimates of $24.11 billion. RTX had a net margin of 8.75% and a return on equity of 14.89%. RTX’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.70 EPS. Equities analysts expect that RTX Corporation will post 7.67 EPS for the current fiscal year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 20th will be issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, November 20th. RTX’s dividend payout ratio (DPR) is 47.40%.

Insider Buying and Selling at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction dated 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 owned 13,184 shares of the company’s stock, valued at $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

RTX has been the subject of a number of research reports. UBS Group lifted their price objective on RTX from $209.00 to $212.00 and gave the company a “neutral” rating in a research report on Wednesday, October 21st. Argus set a $245.00 target price on RTX and gave the stock a “buy” rating in a research report on Thursday, July 30th. Royal Bank Of Canada cut their price target on RTX from $250.00 to $235.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. The Goldman Sachs Group lifted their price target on RTX from $195.00 to $206.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $240.00 price target (up from $220.00) on shares of RTX in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $228.86.

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.