3,964 RTX Corporation $RTX Shares Bought by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC raised its position in RTX Corporation (NYSE:RTX) by 4.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 86,114 shares of the company’s stock after purchasing an additional 3,964 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in RTX were worth $15,987,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of RTX. Evergreen Advisors LLC purchased a new position in shares of RTX during the first quarter valued at approximately $31,000. Signature Resources Capital Management LLC boosted its position in shares of RTX by 111.5% in the first quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock worth $36,000 after acquiring an additional 97 shares during the last quarter. BOK Financial Private Wealth Inc. acquired a new position in RTX in the second quarter worth $36,000. Next Level Wealth Planning LLC acquired a new position in shares of RTX in the third quarter worth about $41,000. Finally, Groupe la Francaise lifted its holdings in shares of RTX by 50.9% during the second quarter. Groupe la Francaise now owns 261 shares of the company’s stock worth $45,000 after buying an additional 88 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

RTX has been the subject of a number of research reports. Sanford C. Bernstein reduced their price target on shares of RTX from $223.00 to $214.00 and set a “market perform” rating for the company in a report on Thursday, October 15th. Barclays lifted their target price on RTX from $223.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 21st. Royal Bank Of Canada cut their target price on shares of RTX from $250.00 to $235.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. UBS Group raised their price target on shares of RTX from $209.00 to $212.00 and gave the company a “neutral” rating in a research report on Wednesday, October 21st. Finally, Morgan Stanley restated an “overweight” rating and issued a $240.00 price objective (up from $220.00) on shares of RTX in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average target price of $231.24.

RTX Stock Performance

RTX stock opened at $189.59 on Friday. The firm has a 50 day simple moving average of $193.46 and a 200 day simple moving average of $195.52. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.81 and a current ratio of 1.05. The stock has a market cap of $255.84 billion, a P/E ratio of 30.78, a P/E/G ratio of 2.26 and a beta of 0.30. RTX Corporation has a 52 week low of $166.74 and a 52 week high of $226.88.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, October 20th. The company reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. RTX had a return on equity of 14.89% and a net margin of 8.75%. The company had revenue of $24.96 billion during the quarter, compared to the consensus estimate of $24.11 billion. During the same quarter in the prior year, the company earned $1.70 earnings per share. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. Research analysts anticipate that RTX Corporation will post 7.68 earnings per share 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 given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, November 20th. RTX’s dividend payout ratio (DPR) is 47.40%.

Insider Activity at RTX

In other RTX news, EVP Dantaya Williams sold 9,071 shares of RTX stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $201.70, for a total value of $1,829,620.70. Following the completion of the transaction, the executive vice president directly owned 16,930 shares in the company, valued at $3,414,781. The trade was a 34.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is owned by insiders.

RTX News Summary

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

RTX Company 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.