Valley National Advisers Inc. Acquires 11,547 Shares of RTX Corporation $RTX

Valley National Advisers Inc. grew its stake in shares of RTX Corporation (NYSE:RTX) by 325.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,094 shares of the company’s stock after acquiring an additional 11,547 shares during the quarter. Valley National Advisers Inc.’s holdings in RTX were worth $2,802,000 as of its most recent SEC filing.

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

Insider Activity at RTX

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the sale, the vice president owned 20,099 shares in the company, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction that occurred on 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 sale, the executive vice president directly owned 13,184 shares in the company, valued at $2,952,161.28. The trade was a 50.88% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.10% of the company’s stock.

RTX Stock Performance

Shares of RTX stock opened at $191.10 on Friday. RTX Corporation has a 52-week low of $166.74 and a 52-week high of $226.88. The company has a quick ratio of 0.78, a current ratio of 1.05 and a debt-to-equity ratio of 0.44. The stock has a market cap of $257.88 billion, a PE ratio of 31.02, a price-to-earnings-growth ratio of 2.32 and a beta of 0.31. The business has a 50-day simple moving average of $196.68 and a 200-day simple moving average of $193.62.

RTX (NYSE:RTX) last posted its earnings results on Tuesday, October 20th. The company reported $2.26 EPS for the quarter, topping the consensus estimate of $1.78 by $0.48. The firm had revenue of $24.96 billion for the quarter, compared to analyst estimates of $24.11 billion. RTX had a return on equity of 14.89% and a net margin of 8.75%. RTX’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the company earned $1.70 earnings per share. On average, equities analysts expect that RTX Corporation will post 7.57 EPS for the current year.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, an RTX business, secured a $350 million U.S. Air Force contract modification, reinforcing defense backlog visibility and supporting future revenue. RTX’s Raytheon Secures $350 Million US Air Force Contract Modification
• Positive Sentiment: Erste Group Bank raised its RTX EPS forecasts to $7.30 for fiscal 2026 and $7.90 for fiscal 2027, citing improving expectations. The 2027 estimate is above the current consensus of $7.72. Erste Group Bank RTX earnings estimates
• Positive Sentiment: Analyst commentary continues to point to record third-quarter results, strong backlogs, aircraft production growth and resilient demand for replacement parts, repairs, engines and avionics. RTX’s latest reported quarter also exceeded earnings and revenue expectations. Are RTX Corporation and Northrop Grumman Ready to Break Out?
• Positive Sentiment: Collins Aerospace plans a 2027 radio-altimeter upgrade for business aircraft to meet new FAA standards and improve resilience to 5G interference. The program could generate recurring upgrade and service demand without requiring full avionics replacements. What Does RTX Altimeter Upgrade Push Mean For Business Aviation?
• Neutral Sentiment: Several articles concern NVIDIA GeForce RTX graphics cards, stolen GPUs and gaming products. Those stories are unrelated to RTX Corporation and should not be treated as catalysts for RTX stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on RTX shares. BNP Paribas Exane lifted their price objective on shares of RTX from $220.00 to $265.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Jefferies Financial Group set a $250.00 target price on RTX and gave the company a “buy” rating in a research report on Sunday, July 26th. Citigroup reissued a “buy” rating on shares of RTX in a research report on Wednesday, October 7th. UBS Group raised their target price on RTX from $209.00 to $212.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Susquehanna lifted their price target on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $227.12.

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.