Orleans Capital Management Corp LA Sells 6,162 Shares of RTX Corporation $RTX

Orleans Capital Management Corp LA lowered its stake in shares of RTX Corporation (NYSE:RTX) by 27.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,506 shares of the company’s stock after selling 6,162 shares during the period. RTX makes up 1.8% of Orleans Capital Management Corp LA’s investment portfolio, making the stock its 17th biggest holding. Orleans Capital Management Corp LA’s holdings in RTX were worth $2,762,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in RTX by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 122,775,221 shares of the company’s stock valued at $20,543,978,000 after buying an additional 700,487 shares in the last quarter. State Street Corp boosted its holdings in RTX by 0.5% in the second 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 in the last quarter. Fisher Asset Management LLC boosted its holdings in RTX by 2.8% in the third quarter. Fisher Asset Management LLC now owns 21,174,194 shares of the company’s stock worth $3,543,078,000 after acquiring an additional 575,004 shares in the last quarter. Norges Bank acquired a new stake in RTX in the second quarter valued at approximately $2,359,602,000. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of RTX by 9.3% during the second quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock valued at $2,330,215,000 after acquiring an additional 1,361,071 shares in the last quarter. Institutional investors own 86.50% of the company’s stock.

Insiders Place Their Bets

In other RTX news, EVP Dantaya M. Williams sold 12,713 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the transaction, the executive vice president owned 16,749 shares of the company’s stock, valued at approximately $3,397,199.67. The trade was a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ramsaran Maharajh sold 15,124 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total value of $3,095,126.60. Following the completion of the transaction, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,698,105.60. This trade represents a 53.43% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 89,255 shares of company stock valued at $18,151,956. 0.15% of the stock is currently owned by insiders.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Geopolitical-driven demand — Rising tensions in the Middle East are being cited by analysts as increasing demand for fighter jets, missile defense and drones, which benefits RTX’s defense businesses (Patriot, air/missile systems). 3 Defense Stocks to Watch Amid Rising Middle East Tensions
• Positive Sentiment: F-35 sustainment contracts — The DoD awarded contracts to Lockheed and RTX to sustain the F-35 fleet, providing visible, recurring work and supporting aftermarket/sustainment revenue. Lockheed Martin, RTX Land F-35 Contracts, Hover Near Buy Points
• Positive Sentiment: Policy focus on munitions — A White House meeting on shrinking U.S. munitions stockpiles (scheduled Mar. 6) could accelerate procurement decisions and put companies like RTX in the spotlight for replenishment contracts. Dear Raytheon Stock Fans, Mark Your Calendars for March 6
• Positive Sentiment: Commercial/technology progress — RTX reported progress on hybrid-electric aviation propulsion tests and continues to win export-related orders (e.g., UAE), which supports medium-term diversification beyond defense. RTX Balances Rising Defense Demand With Hybrid Electric Aviation Progress
• Neutral Sentiment: Analyst view — Brokerages give RTX a consensus “Moderate Buy,” which can underpin investor confidence but doesn’t represent a strong upgrade catalyst by itself. RTX Corporation (NYSE:RTX) Receives Consensus Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: Headline noise — Multiple tech/gaming stories about “RTX” GPUs (NVIDIA’s product line) are trending (RTX 5050/5060 rumors, laptop discounts). These are unrelated to RTX Corporation but can create search/noise that confuses retail flows. Nvidia reportedly developing RTX 5050 with 9GB VRAM, revised RTX 5060 using GB205 die

RTX Trading Up 2.9%

Shares of RTX stock opened at $209.70 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. The company has a market capitalization of $281.48 billion, a price-to-earnings ratio of 42.28, a PEG ratio of 2.95 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 company has a 50-day simple moving average of $197.52 and a two-hundred day simple moving average of $178.56.

RTX (NYSE:RTX) last posted its earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The firm had revenue of $24.24 billion for the quarter, compared to analysts’ expectations of $22.65 billion. During the same quarter last year, the firm earned $1.54 EPS. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts anticipate that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 20th will be issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, February 20th. RTX’s dividend payout ratio (DPR) is 54.84%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on RTX. Robert W. Baird set a $225.00 target price on RTX in a research report on Wednesday, January 28th. TD Cowen reissued a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. Jefferies Financial Group restated a “hold” rating on shares of RTX in a research note on Friday. Citigroup upped their price objective on shares of RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $202.00.

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.