Segall Bryant & Hamill LLC raised its position in shares of RTX Corporation (NYSE:RTX – Free Report) by 5.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 76,681 shares of the company’s stock after purchasing an additional 3,851 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in RTX were worth $12,831,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Valley Wealth Managers Inc. bought a new position in RTX during the third quarter worth $30,000. SOA Wealth Advisors LLC. raised its position in shares of RTX by 57.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after acquiring an additional 70 shares in the last quarter. LFA Lugano Financial Advisors SA bought a new position in shares of RTX in the 2nd quarter worth about $29,000. Dogwood Wealth Management LLC lifted its stake in shares of RTX by 57.3% in the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares during the period. Finally, Clayton Financial Group LLC bought a new stake in shares of RTX during the 3rd quarter valued at about $36,000. Institutional investors and hedge funds own 86.50% of the company’s stock.
RTX Stock Performance
RTX opened at $206.26 on Wednesday. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $214.50. The company has a market cap of $276.86 billion, a price-to-earnings ratio of 41.58, a PEG ratio of 3.07 and a beta of 0.42. The company’s fifty day moving average price is $196.21 and its two-hundred day moving average price is $177.78. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51.
RTX Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 20th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.72 annualized dividend and a dividend yield of 1.3%. RTX’s payout ratio is presently 54.84%.
Analyst Ratings Changes
RTX has been the subject of a number of research analyst reports. 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. Citigroup lifted their price objective on shares of RTX from $227.00 to $238.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of RTX in a research note on Monday, December 29th. Robert W. Baird set a $225.00 price target on shares of RTX in a report on Wednesday, January 28th. Finally, Vertical Research reiterated a “buy” rating and set a $227.00 price objective on shares of RTX in a report on Tuesday, January 27th. One equities research 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $199.50.
Get Our Latest Stock Report on RTX
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Citi and other analysts see a durable “missile megatrend” after recent Middle East events, naming RTX as a key beneficiary of rising missile, interceptor and air‑defense demand — a structural revenue tailwind for its Raytheon segment. Missile ‘megatrend’ still underestimated despite Iran conflict, says Citi
- Positive Sentiment: MarketBeat highlights RTX’s very large order backlog (~$268B) and program-level demand (Tomahawk, AMRAAM, air‑defense systems), supporting multi‑year revenue visibility — a key reason investors bid the stock up during the recent geopolitical shock. Defense Stocks: Rockets, Radars, and Record Backlogs
- Positive Sentiment: Recent headlines and flow from U.S./Israel strikes boosted demand for defense names; coverage noted a jump in RTX shares as investors priced in near-term defense spending and ammunition replenishment. Why RTX (RTX) Stock Is Up Today
- Neutral Sentiment: Several tech/gaming stories referencing “RTX” (NVIDIA GPU models, motherboard/driver news and Steam hardware survey) are gaining attention but are unrelated to Raytheon Technologies’ business; these can create noise in headlines but not fundamental impact. MSI Unveils World of Warcraft: Midnight RTX 5070 Limited Editions
- Negative Sentiment: Profit-taking and valuation concerns are likely pressuring the stock today: RTX has rallied strongly (one‑year gains >60% in recent coverage) and trades at elevated multiples, which can prompt short‑term selling after a surge. Market participants are rotating and trimming winners amid higher volume. Is It Too Late To Consider RTX (RTX) After Its 61% One-Year Surge?
Insider Buying and Selling at RTX
In related 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 value of $7,349,797.80. Following the completion of the sale, the executive vice president directly owned 59,556 shares of the company’s stock, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total value of $2,578,577.79. Following the sale, the executive vice president directly owned 16,749 shares of the company’s stock, valued at $3,397,199.67. The trade was a 43.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 89,255 shares of company stock valued at $18,151,956 in the last three months. Insiders own 0.15% of the company’s stock.
About RTX
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.
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