RTX Corporation $RTX Stock Position Lowered by General American Investors Co. Inc.

General American Investors Co. Inc. reduced its position in RTX Corporation (NYSE:RTX) by 6.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 150,000 shares of the company’s stock after selling 10,000 shares during the period. RTX comprises approximately 1.6% of General American Investors Co. Inc.’s holdings, making the stock its 19th largest position. General American Investors Co. Inc.’s holdings in RTX were worth $27,848,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Fortress Financial Group LLC purchased a new position in RTX during the 2nd quarter worth approximately $358,000. Evergreen Advisors LLC purchased a new stake in shares of RTX in the first quarter valued at $31,000. Signature Resources Capital Management LLC grew its holdings in shares of RTX by 111.5% during the first quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock valued at $36,000 after buying an additional 97 shares in the last quarter. BOK Financial Private Wealth Inc. acquired a new position in RTX during the second quarter valued at $36,000. Finally, Next Level Wealth Planning LLC purchased a new stake in RTX in the 3rd quarter worth about $41,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Insider Buying and Selling

In other news, 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 value of $3,057,627.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Dantaya M. Williams sold 9,071 shares of RTX stock in a transaction dated 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 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. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is currently owned by company insiders.

RTX Stock Down 1.2%

RTX stock traded down $2.29 during trading hours 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. The stock has a 50 day moving average price of $193.46 and a two-hundred day moving average price of $195.52. RTX Corporation has a 12 month low of $166.74 and a 12 month high of $226.88. The company has a market capitalization of $255.84 billion, a PE ratio of 30.78, a price-to-earnings-growth ratio of 2.26 and a beta of 0.30. The company has a quick ratio of 0.81, a current ratio of 1.05 and a debt-to-equity ratio of 0.44.

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

RTX Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on RTX shares. TD Cowen dropped their target price on RTX from $240.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, October 9th. Susquehanna boosted their price objective on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research report on Friday, July 24th. Sanford C. Bernstein dropped their price objective on shares of RTX from $223.00 to $214.00 and set a “market perform” rating on the stock in a research note on Thursday, October 15th. Wells Fargo & Company increased their target price 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. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of RTX from a “buy” rating to a “hold” rating and set a $208.00 price target on the stock. in a research note on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $231.24.

Key Headlines Impacting 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 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.