Pallas Capital Advisors LLC lifted its stake in RTX Corporation (NYSE:RTX – Free Report) by 33.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 33,399 shares of the company’s stock after buying an additional 8,437 shares during the quarter. Pallas Capital Advisors LLC’s holdings in RTX were worth $6,125,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in RTX by 0.6% in the third quarter. Vanguard Group Inc. now owns 122,775,221 shares of the company’s stock worth $20,543,978,000 after buying an additional 700,487 shares during the last quarter. State Street Corp lifted its stake in shares of 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 buying an additional 552,009 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of RTX by 1.1% during the third quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock valued at $12,750,087,000 after buying an additional 799,155 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of RTX by 2.8% during the third quarter. Fisher Asset Management LLC now owns 21,174,194 shares of the company’s stock valued at $3,543,078,000 after acquiring an additional 575,004 shares in the last quarter. Finally, Norges Bank purchased a new position in RTX in the 2nd quarter worth approximately $2,359,602,000. Institutional investors own 86.50% of the company’s stock.
RTX Trading Down 1.6%
Shares of NYSE:RTX opened at $189.68 on Friday. The stock’s 50-day simple moving average is $200.67 and its two-hundred day simple moving average is $183.04. The stock has a market capitalization of $255.30 billion, a price-to-earnings ratio of 38.24, a PEG ratio of 2.79 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 debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03.
RTX Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, February 20th. RTX’s dividend payout ratio is currently 54.84%.
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Erste Group initiated/updated coverage with bullish FY2026–FY2027 EPS estimates (FY26 $6.80, FY27 $7.50) and a Buy stance, implying upside vs. consensus and supporting investor confidence in RTX’s earnings trajectory. Erste Group Coverage Initiated
- Positive Sentiment: RTX’s Raytheon unit completed a $115M expansion of the Redstone Missile Integration Facility, boosting integration/delivery capacity by >50% and pairing with long‑term munitions framework deals — this increases production capacity to meet sustained defense demand. Redstone Expansion Article
- Positive Sentiment: Analyst piece highlights Pratt & Whitney (within RTX) as a growth driver via advanced engines and aftermarket services, which can lift margins and recurring revenue in both commercial and defense aviation. Zacks Pratt & Whitney Outlook
- Neutral Sentiment: Media/celebrity endorsement (Jim Cramer) has supported near-term investor enthusiasm previously, but this is sentiment-driven rather than fundamental. Jim Cramer Coverage
- Negative Sentiment: U.S. warnings that the Israel‑Iran conflict could force the Pentagon to prioritize munitions for the Middle East may delay or divert Patriot interceptor shipments to Ukraine — creating short‑term uncertainty in order timing and potential inventory reallocation for RTX’s air‑defense businesses. QuiverQuant: Iran War Could Disrupt Shipments
Analysts Set New Price Targets
RTX has been the topic of several analyst reports. Royal Bank Of Canada upped their price objective on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. 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. Finally, TD Cowen reiterated a “buy” rating on shares of RTX in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and an average price target of $202.00.
Insiders Place Their Bets
In other news, insider Shane G. Eddy sold 17,527 shares of RTX stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total transaction of $3,490,677.32. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Kevin G. Dasilva sold 8,136 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the sale, the vice president directly owned 27,102 shares of the company’s stock, valued at approximately $5,455,632.60. The trade was a 23.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 89,255 shares of company stock valued at $18,151,956. 0.10% of the stock is currently owned by corporate insiders.
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.
See Also
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