Cantor Fitzgerald Investment Advisors L.P. reduced its stake in RTX Corporation by 62.6% during the third quarter, selling 86,906 shares and retaining 51,884 shares valued at approximately $8.68 million at quarter-end. Other institutional investors also reshaped their positions: PFS Partners LLC more than doubled its holding to 177 shares, LFA Lugano Financial Advisors SA and Access Investment Management LLC initiated new positions of roughly 180 and 200 shares respectively, Clayton Financial Group LLC opened a stake of about 240 shares in Q3, and Halbert Hargrove Global Advisors LLC boosted its position by 194.5% to 215 shares. Overall, institutional and hedge fund ownership stands at 86.5% of outstanding shares.

In recent months, eleven research firms published new opinions on RTX. Citigroup initiated coverage with a Buy rating and a target of 211, Wall Street Zen adjusted its view to Buy, Goldman Sachs raised its target to 168 and maintained a Neutral stance, JPMorgan Chase & Co. upgraded to Overweight while lifting its target to 200, and Sanford C. Bernstein set a Market Perform rating with a target of 181. Among a total of 23 analysts, three recommend Strong Buy, fifteen recommend Buy and five recommend Hold, resulting in a consensus Moderate Buy rating and an average projected target of 184.18.

RTX delivered third quarter earnings per share of 1.70, outpacing consensus by 0.29, on revenues of 22.48 billion, beating estimates by 1.22 billion. Revenue grew 11.9% year-over-year, supported by strong contributions from Pratt & Whitney engines and Collins Aerospace systems. Net margin improved to 7.67%, return on equity reached 13.28%, and debt-to-equity remained at 0.58. Management reaffirmed full-year EPS guidance in the range of 6.10 to 6.20, in line with analysts’ forecasts.

RTX declared a quarterly dividend of 0.68 per share, representing an annualized payout of 2.72 and yielding approximately 1.5%. The dividend was paid in mid-December to shareholders of record as of late November, reflecting a payout ratio of 55.85%. In insider transactions, EVP Neil G. Mitchill sold 4,849 shares, reducing his holding by 7.53% and realizing proceeds of about 873,500. Insider ownership remains modest at 0.15% of total shares outstanding.