First National Trust Co cut its stake in RTX Corporation (NYSE:RTX – Free Report) by 15.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,392 shares of the company’s stock after selling 4,482 shares during the quarter. First National Trust Co’s holdings in RTX were worth $4,249,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp increased its stake in RTX by 0.5% in the 2nd quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after acquiring an additional 552,009 shares during the last quarter. State Board of Administration of Florida Retirement System grew its holdings in shares of RTX by 1.2% during the second quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock worth $192,333,000 after purchasing an additional 16,034 shares in the last quarter. MGO One Seven LLC grew its holdings in shares of RTX by 10.2% during the second quarter. MGO One Seven LLC now owns 27,620 shares of the company’s stock worth $4,033,000 after purchasing an additional 2,554 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of RTX by 10.6% in the third quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock worth $28,648,000 after purchasing an additional 16,467 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in RTX by 2.0% in the third quarter. Principal Financial Group Inc. now owns 1,693,324 shares of the company’s stock valued at $283,344,000 after purchasing an additional 33,395 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have commented on RTX. Morgan Stanley reissued an “overweight” rating and issued a $235.00 price target on shares of RTX in a research note on Wednesday, January 28th. BNP Paribas Exane began coverage on RTX in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 target price on the stock. Royal Bank Of Canada raised their price target on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. Finally, Citigroup increased their price objective on RTX from $227.00 to $238.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, RTX has an average rating of “Moderate Buy” and an average price target of $199.50.
RTX Stock Performance
NYSE RTX opened at $195.14 on Wednesday. The company has a 50-day simple moving average of $188.72 and a two-hundred day simple moving average of $172.93. RTX Corporation has a 12-month low of $112.27 and a 12-month high of $206.48. The firm has a market cap of $261.93 billion, a price-to-earnings ratio of 39.34, a PEG ratio of 2.83 and a beta of 0.43. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51.
RTX (NYSE:RTX – Get Free Report) last released its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. The company had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.RTX’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts forecast that RTX Corporation will post 6.11 EPS for the current year.
RTX Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 20th will be paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, February 20th. RTX’s dividend payout ratio is 54.84%.
More RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Department of War contract: RTX’s BBN Technologies will lead a multi‑team effort to demonstrate secure, real‑time spectrum coexistence for 5G and defense radar (protecting radars in the 3.1–3.45 GHz band). This is a direct, program-level win that supports RTX’s radar/security franchise and near‑term government revenue. RTX BBN Technologies press release
- Positive Sentiment: Contract and backlog highlights: A Yahoo Finance piece details RTX contracts that spotlight growth in radar/5G coexistence and missile systems — reinforcing visibility into defense backlog and multi‑year revenue streams that underpin earnings durability. RTX Contracts Spotlight Radar 5G And Missile Growth Story
- Positive Sentiment: Operational improvement / margin thesis: A Seeking Alpha analysis argues RTX’s digital manufacturing (Digital OS) and a $268B backlog are unlocking structural margin expansion — citing reduced aged inventory and a shift to higher‑margin international defense and aftermarket work. This supports upside to profitability beyond current guidance. Digital transformation unlocks margin multiplier
- Positive Sentiment: Analyst upgrade: Citi raised its price target on RTX to $238 while maintaining a Buy — a bullish signal from a major bank that can support investor confidence if the macro backdrop holds. Citigroup Lifts Price Target on RTX
- Neutral Sentiment: Earnings & guidance context: RTX recently beat Q4 revenue and EPS estimates and set FY‑2026 EPS guidance of $6.60–$6.80 — supporting mid‑cycle growth expectations but already largely priced into the shares. (Background company release.)
- Neutral Sentiment: Dividend: RTX declared a quarterly dividend of $0.68/share (ex‑dividend Feb 20). This modest yield (~1.4%) offers income support but is not a major return driver for growth‑oriented investors.
- Neutral Sentiment: Headline noise from GPU coverage: Numerous consumer tech headlines use “RTX” to describe NVIDIA GPUs or discounts on gaming PCs; these generate search/volume activity but are unrelated to RTX Corporation’s fundamentals and can confuse retail sentiment.
- Negative Sentiment: Valuation concerns: A Seeking Alpha article argues RTX is overvalued and under pressure, pointing to a high P/E and suggesting limited near‑term upside without a correction; such narratives can amplify selling into any weak session. Overvalued And Under Pressure
- Negative Sentiment: “Wait for dip” view: Another Seeking Alpha piece reiterates that despite solid backlog and guidance, the stock may be overbought and better as a dip buy — reinforcing short‑term caution among traders. Wait for dip buying opportunity
RTX Profile
RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.
RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.
Read More
- Five stocks we like better than RTX
- Nvidia CEO Issues Bold Tesla Call
- Your Bank Account Is No Longer Safe
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- The day the gold market broke
Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTX – Free Report).
Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.
