RTX Corporation $RTX Stake Raised by NewEdge Wealth LLC

NewEdge Wealth LLC boosted its holdings in shares of RTX Corporation (NYSE:RTX) by 11.2% in the 3rd quarter, Holdings Channel reports. The firm owned 35,383 shares of the company’s stock after buying an additional 3,565 shares during the period. NewEdge Wealth LLC’s holdings in RTX were worth $6,157,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of RTX. Valley Wealth Managers Inc. purchased a new stake in RTX during the third quarter valued at about $30,000. SOA Wealth Advisors LLC. raised its holdings in shares of RTX by 57.4% during the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock valued at $32,000 after acquiring an additional 70 shares during the period. LFA Lugano Financial Advisors SA purchased a new stake in shares of RTX in the 2nd quarter valued at approximately $29,000. Access Investment Management LLC acquired a new position in RTX in the 2nd quarter worth approximately $31,000. Finally, Clayton Financial Group LLC acquired a new position in RTX in the 3rd quarter worth approximately $36,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Stock Up 0.2%

Shares of RTX opened at $205.14 on Friday. The company has a market capitalization of $275.36 billion, a P/E ratio of 41.36, a PEG ratio of 2.96 and a beta of 0.43. RTX Corporation has a one year low of $112.27 and a one year high of $206.73. The business’s 50 day simple moving average is $192.81 and its 200-day simple moving average is $174.87. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80.

RTX (NYSE:RTX) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) 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 return on equity of 13.08% and a net margin of 7.60%.The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. 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. As a group, sell-side analysts predict that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Dividend Announcement

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

Insider Activity

In other RTX news, insider Shane G. Eddy sold 17,527 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Kevin G. Dasilva sold 8,136 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the transaction, the vice president owned 27,102 shares in the company, valued at $5,455,632.60. The trade was a 23.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.15% of the company’s stock.

Analysts Set New Price Targets

RTX has been the topic of a number of research reports. UBS Group reiterated a “neutral” rating on shares of RTX in a report on Wednesday, January 28th. BNP Paribas Exane started coverage on RTX in a report on Tuesday, November 18th. They set an “outperform” rating and a $210.00 price target on the stock. Jefferies Financial Group restated a “hold” rating and set a $225.00 target price on shares of RTX in a research note on Wednesday, January 28th. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. Finally, Wolfe Research reiterated an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. One research 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $199.50.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Wolfe Research reaffirmed an Outperform rating and a $235 price target for RTX after the company reached a framework deal to expand missile manufacturing capacity to support Pentagon goals — analyst backing tied to defense program participation increases visibility on future government backlog and revenue. Wolfe Research Reaffirms RTX Corp (RTX) Outperform
• Positive Sentiment: Unusually large options activity: traders bought roughly 286,960 call options (a >2,000% jump vs. typical volume), signaling heavy bullish positioning that can amplify upside as dealers hedge and push underlying shares higher. (Source: market activity entry)
• Neutral Sentiment: Investor attention piece from Zacks notes increased search/interest in RTX — useful context (more eyes on the stock can increase volatility, but it’s not new fundamental news). RTX Corporation (RTX) is Attracting Investor Attention
• Neutral Sentiment: RTX presented at Citi’s Global Industrial Tech & Mobility Conference (transcript available) — presentations can provide management color on order trends and margins but typically move stock only if new detail or updated guidance is given. RTX Presents at Citi Conference (Transcript)
• Neutral Sentiment: Multiple consumer tech headlines referencing “RTX” (GPU product reviews, PC sales and discounts) are about NVIDIA’s “RTX” graphics brand and unrelated to Raytheon Technologies / RTX Corporation — these can create noise in headlines/searches but do not affect RTX’s defense/aerospace fundamentals. Example: Ryzen/RTX 5080 PC sale. Ryzen 7 9800X3D, RTX 5080 gaming PC sale

RTX Company 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.