RTX Corporation $RTX Shares Acquired by Calamos Advisors LLC

Calamos Advisors LLC boosted its holdings in RTX Corporation (NYSE:RTX) by 1.7% during the third quarter, Holdings Channel reports. The fund owned 487,614 shares of the company’s stock after purchasing an additional 7,939 shares during the period. Calamos Advisors LLC’s holdings in RTX were worth $90,526,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of RTX in the second quarter valued at $20,970,571,000. Bank of New York Mellon Corp acquired a new stake in shares of RTX during the 2nd quarter worth about $1,456,256,000. Legal & General Group Plc acquired a new stake in shares of RTX during the 2nd quarter worth about $1,267,256,000. Deutsche Bank AG bought a new stake in shares of RTX during the 2nd quarter worth about $725,900,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of RTX during the 2nd quarter worth about $636,932,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Trending Headlines about RTX

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 Stock Performance

Shares of RTX stock traded down $2.29 on Friday, hitting $189.59. The company’s stock had a trading volume of 5,018,540 shares, compared to its average volume of 5,673,198. RTX Corporation has a fifty-two week low of $166.74 and a fifty-two week high of $226.88. The company has a market capitalization of $255.84 billion, a PE ratio of 30.78, a PEG ratio of 2.26 and a beta of 0.30. The stock’s 50 day moving average is $193.46 and its 200-day moving average is $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.

RTX (NYSE:RTX) last issued its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.48. The business had revenue of $24.96 billion during the quarter, compared to analysts’ expectations of $24.11 billion. RTX had a net margin of 8.75% and a return on equity of 14.89%. The business’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.70 EPS. Equities research analysts expect that RTX Corporation will post 7.68 earnings per share for the current fiscal year.

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 20th will be given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, November 20th. RTX’s payout ratio is presently 47.40%.

Insider Activity at RTX

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the 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 owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Dantaya Williams sold 9,071 shares of the 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 sale, the executive vice president directly owned 16,930 shares in the company, valued at $3,414,781. This represents a 34.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Weiss Ratings upgraded shares of RTX from a “buy (b)” rating to a “buy (a-)” rating in a research note on Thursday, October 22nd. JPMorgan Chase & Co. boosted their price objective on RTX from $215.00 to $240.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. The Goldman Sachs Group upped their target price on RTX from $195.00 to $206.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Morgan Stanley reiterated an “overweight” rating and set a $240.00 target price (up from $220.00) on shares of RTX in a research note on Friday, July 24th. Finally, DA Davidson lifted their price target on RTX from $192.00 to $219.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. One 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 issued a Sell rating to the company’s stock. According to MarketBeat, RTX has a consensus rating of “Moderate Buy” and a consensus price target of $231.24.

About RTX

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.