Parkside Investments LLC Acquires New Stake in RTX Corporation $RTX

Parkside Investments LLC acquired a new position in shares of RTX Corporation (NYSE:RTX) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 4,000 shares of the company’s stock, valued at approximately $743,000.

Other hedge funds have also made changes to their positions in the company. Fortress Financial Group LLC acquired a new stake in shares of RTX in the second quarter worth approximately $358,000. Evergreen Advisors LLC purchased a new stake in shares of RTX during the first quarter worth approximately $31,000. Signature Resources Capital Management LLC raised its stake in RTX by 111.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock valued at $36,000 after purchasing an additional 97 shares during the last quarter. BOK Financial Private Wealth Inc. acquired a new position in RTX in the 2nd quarter valued at $36,000. Finally, Networth Advisors LLC acquired a new position in RTX in the 1st quarter valued at $40,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q3 earnings beat expectations: RTX reported adjusted EPS of $2.26, up 33% from $1.70 a year earlier and well above the $1.78 analyst consensus. Revenue rose 11.1% to approximately $25 billion, also exceeding expectations. RTX Reports Q3 2026 Results
• Positive Sentiment: Guidance was raised again: Management increased its 2026 adjusted sales forecast to $97 billion-$97.5 billion, from $95 billion-$96 billion, while also raising its outlook for adjusted EPS and free cash flow. This was the third forecast increase of the year. RTX lifts 2026 forecasts
• Positive Sentiment: Record backlog supports longer-term visibility: More than $81 billion in quarterly commercial and defense awards pushed RTX’s backlog to a record $340 billion. Raytheon secured $59 billion in defense awards, while management said missile contracts provide nearly a decade of demand visibility. RTX: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Defense contract momentum continued: RTX won $729 million in counter-drone contracts, including its first international KuRFS and Coyote sales. Separately, the Raytheon-Lockheed Martin Javelin joint venture received a $215 million U.S. Army launcher contract. RTX Secures $729M LIDS Contracts
• Neutral Sentiment: Cash-flow quality warrants monitoring: Operating cash flow improved substantially, but approximately $1.5 billion of the increase was attributed to selling receivables. Investors may therefore scrutinize how much of the improvement is recurring versus related to factoring. RTX cash recovery from selling receivables
• Negative Sentiment: Valuation and execution risks remain: Despite the favorable results, RTX trades at a relatively elevated earnings multiple, and investors remain focused on aerospace supply-chain constraints, program costs, and whether the large backlog converts into profitable cash flow.

Insider Transactions at RTX

In related news, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the completion of the sale, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction dated 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 transaction, the executive vice president directly owned 13,184 shares in the company, valued at $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 29,222 shares of company stock worth $6,362,003 in the last quarter. Company insiders own 0.10% of the company’s stock.

RTX Stock Performance

Shares of RTX stock opened at $193.16 on Wednesday. RTX Corporation has a one year low of $166.74 and a one year high of $226.88. The company has a market cap of $260.34 billion, a price-to-earnings ratio of 34.01, a PEG ratio of 2.47 and a beta of 0.31. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The business’s 50 day moving average price is $198.46 and its 200 day moving average price is $193.68.

RTX (NYSE:RTX) last released its quarterly earnings data 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. The company had revenue of $24.96 billion for the quarter, compared to analyst estimates of $24.11 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.70 earnings per share. On average, research analysts predict that RTX Corporation will post 7.23 EPS for the current year.

Wall Street Analysts Forecast Growth

RTX has been the topic of several recent research reports. UBS Group lifted their target price on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Barclays began coverage on shares of RTX in a research report on Friday, October 9th. They issued an “overweight” rating and a $223.00 target price for the company. The Goldman Sachs Group increased their target price on shares of RTX from $195.00 to $206.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Weiss Ratings raised shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 25th. Finally, Wells Fargo & Company boosted their price target on shares of RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.75.

RTX Company 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.