Salem Investment Counselors Inc. Cuts Holdings in RTX Corporation $RTX

Salem Investment Counselors Inc. reduced its holdings in RTX Corporation (NYSE:RTX) by 1.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 219,927 shares of the company’s stock after selling 2,687 shares during the quarter. RTX comprises 1.1% of Salem Investment Counselors Inc.’s investment portfolio, making the stock its 18th biggest holding. Salem Investment Counselors Inc.’s holdings in RTX were worth $40,335,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of RTX. BNP Paribas purchased a new position in RTX in the third quarter worth $25,000. Valley Wealth Managers Inc. acquired a new stake in RTX in the third quarter valued at $30,000. SOA Wealth Advisors LLC. boosted its position in shares of RTX by 57.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after purchasing an additional 70 shares in the last quarter. Wexford Capital LP acquired a new position in shares of RTX during the 3rd quarter worth $33,000. Finally, Dogwood Wealth Management LLC grew its stake in shares of RTX by 57.3% during the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of RTX in a research note on Monday, December 29th. TD Cowen restated a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. Vertical Research reaffirmed a “buy” rating and issued a $227.00 target price on shares of RTX in a report on Tuesday, January 27th. Royal Bank Of Canada lifted their price target on shares of RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Finally, Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and a consensus target price of $202.00.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX is expanding missile capabilities and won large program business — Zacks notes advanced systems work, hypersonic investments and an ~ $11.74B contract that strengthen defense revenue visibility and backlog. Is RTX expanding missile capabilities to boost defense strength?
• Neutral Sentiment: Several consumer tech articles referencing “RTX” are actually about Nvidia GPUs (DLSS updates, gaming laptops, mobile GPUs). These items create headline noise but do not affect RTX Corporation’s defense and aerospace business. Example: DLSS 4.5 dynamic multi-frame generation release. DLSS 4.5 dynamic multi frame generation arrives
• Neutral Sentiment: Retail/consumer headlines (discounted Alienware/Lenovo laptops, comparative GPU reviews) mention “RTX” frequently but are unrelated to RTX Corp’s financial drivers; investors should treat them as unrelated PR/search noise. Example: Alienware Aurora pairing with RTX 5060 Ti. Alienware Aurora pairs 20-core Ultra 7 with RTX 5060 Ti
• Negative Sentiment: Supply-chain risk: Yahoo Finance reports Raytheon (RTX) faces rare-earth sourcing challenges because U.S. rules will restrict Chinese-origin materials in weapons systems (impacting AMRAAM, Tomahawk, others) and contractors have a 2027 compliance deadline — this could raise costs, disrupt schedules and pressure margins on affected programs. RTX Rare Earth Sourcing Test As Missile Capacity Expands
• Negative Sentiment: Market reaction: recent coverage and market data note the stock has slipped (recent intraday/close weakness). That move likely reflects a mix of macro/market pressure plus the supply-chain/regulatory headlines noted above. RTX (RTX) Stock Slides as Market Rises

Insider Activity

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the sale, the executive vice president owned 59,556 shares in the company, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shane G. Eddy sold 17,527 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $199.16, for a total value of $3,490,677.32. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 89,255 shares of company stock worth $18,151,956. 0.10% of the stock is owned by corporate insiders.

RTX Price Performance

RTX stock opened at $194.53 on Tuesday. The firm has a market capitalization of $261.84 billion, a PE ratio of 39.22, a P/E/G ratio of 2.87 and a beta of 0.42. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $214.50. The firm’s 50-day simple moving average is $201.12 and its 200 day simple moving average is $182.38. 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) last posted its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.08. The firm had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period last year, the firm posted $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts predict that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were 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 was Friday, February 20th. RTX’s dividend payout ratio (DPR) is 54.84%.

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.