RTX Corporation $RTX Shares Sold by Clark Financial Services Group Inc. BD

Clark Financial Services Group Inc. BD decreased its holdings in RTX Corporation (NYSE:RTX) by 23.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,152 shares of the company’s stock after selling 8,618 shares during the period. RTX comprises about 2.4% of Clark Financial Services Group Inc. BD’s investment portfolio, making the stock its 10th biggest holding. Clark Financial Services Group Inc. BD’s holdings in RTX were worth $5,226,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of RTX during the second quarter valued at $20,970,571,000. State Street Corp boosted its position in shares of RTX by 3.1% during the second quarter. State Street Corp now owns 95,417,318 shares of the company’s stock valued at $18,103,528,000 after buying an additional 2,828,056 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in RTX by 5.0% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock worth $1,649,501,000 after buying an additional 411,356 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in RTX by 1.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,649,112 shares of the company’s stock worth $1,475,296,000 after buying an additional 95,726 shares in the last quarter. Finally, Amundi raised its position in RTX by 4.0% in the 2nd quarter. Amundi now owns 7,768,207 shares of the company’s stock worth $1,473,862,000 after buying an additional 295,964 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The U.S. Army awarded the Javelin Joint Venture, a partnership between Raytheon (an RTX business) and Lockheed Martin, a $215 million contract to produce Lightweight Command Launch Units. The award supports RTX’s defense backlog and highlights continued demand for modernized missile systems. U.S. Army awards Javelin Joint Venture contract
• Positive Sentiment: RTX’s previous quarter surpassed analyst expectations for both earnings and revenue, while management raised full-year guidance. That performance provides a favorable setup for the upcoming report and supports the company’s aerospace and defense growth narrative. RTX earnings preview
• Neutral Sentiment: RTX is scheduled to report third-quarter results Tuesday. Investors will focus on whether sales, margins, cash flow and updated guidance can justify expectations for another earnings beat or guidance increase. With the stock trading at a premium valuation, results may need to exceed expectations to generate additional upside. RTX reports Q3 earnings preview
• Negative Sentiment: The earnings setup creates near-term downside risk: analysts already anticipate another strong quarter and potentially higher guidance. Any signs of production constraints, weaker commercial aerospace recovery, margin pressure or cautious outlook could prompt profit-taking, particularly given RTX’s elevated P/E ratio.

RTX Stock Performance

Shares of NYSE RTX traded down $1.41 during midday trading on Monday, hitting $192.51. 6,822,840 shares of the stock traded hands, compared to its average volume of 5,333,709. The firm has a 50-day moving average of $199.69 and a two-hundred day moving average of $193.70. The firm has a market capitalization of $259.46 billion, a P/E ratio of 33.89, a PEG ratio of 2.50 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. RTX Corporation has a one year low of $159.45 and a one year high of $226.88.

RTX (NYSE:RTX) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%. The firm had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. During the same period last year, the business posted $1.56 EPS. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities analysts forecast that RTX Corporation will post 7.22 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Susquehanna boosted their target price on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research report on Friday, July 24th. DA Davidson raised their price target on shares of RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a report on Monday, July 27th. UBS Group raised their price target on shares of RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price target (up from $220.00) on shares of RTX in a research note on Friday, July 24th. Finally, BNP Paribas Exane boosted their price objective on shares of RTX from $220.00 to $265.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Eighteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $226.75.

Insider Buying and Selling at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’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 transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the transaction, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by company insiders.

RTX 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.