Shell Asset Management Co. lowered its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 56.9% during the third quarter, Holdings Channel.com reports. The firm owned 16,610 shares of the company’s stock after selling 21,913 shares during the quarter. Shell Asset Management Co.’s holdings in RTX were worth $2,779,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in RTX. LFA Lugano Financial Advisors SA bought a new stake in shares of RTX in the 2nd quarter valued at about $29,000. Valley Wealth Managers Inc. purchased a new stake in RTX during the third quarter valued at approximately $30,000. Access Investment Management LLC acquired a new stake in RTX in the second quarter valued at approximately $31,000. SOA Wealth Advisors LLC. grew its holdings in RTX by 57.4% in the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after purchasing an additional 70 shares during the last quarter. Finally, Clayton Financial Group LLC acquired a new position in shares of RTX during the third quarter worth $36,000. 86.50% of the stock is currently owned by institutional investors.
RTX News Roundup
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Operational/contract news — RTX reportedly demonstrated systems that downed drone swarms during Army trials, a clear commercial/technical win for its defense business that could support future contracts and backlog. Read More.
- Positive Sentiment: Fundamentals reminder — institutional commentary highlights improved revenue and earnings growth for RTX, reinforcing the company’s recent beat and FY26 guidance (6.60–6.80 EPS) that underpin longer‑term valuation. Read More.
- Neutral Sentiment: Market noise from consumer GPU headlines — multiple tech/gaming stories about “RTX” GPUs (reviews, deals, even isolated product failures) refer to Nvidia’s RTX GPU brand, not RTX Corporation; expect short‑term headline noise but no direct impact on RTX’s aerospace & defense fundamentals. Example: GPU reviews and deals. Read More.
- Negative Sentiment: Insider selling — VP Kevin G. Dasilva sold 8,136 shares at ~$201.30 (≈$1.64M), reducing his holding by ~23%. SEC filing: Read More.
- Negative Sentiment: Insider selling — Shane G. Eddy sold 17,527 shares at ~$199.16 (~$3.49M). Large insider sales like these can pressure near‑term sentiment even if they’re for personal reasons; SEC filing: Read More.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on RTX
RTX Trading Down 0.6%
RTX stock opened at $199.90 on Friday. 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 Corporation has a 52-week low of $112.27 and a 52-week high of $206.48. The company’s 50-day simple moving average is $190.46 and its 200-day simple moving average is $173.71. The firm has a market cap of $268.33 billion, a P/E ratio of 40.30, a PEG ratio of 2.89 and a beta of 0.43.
RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.08. RTX had a return on equity of 13.08% and a net margin of 7.60%.The company had revenue of $24.24 billion for the quarter, compared to the consensus estimate of $22.65 billion. During the same quarter in the prior year, the business posted $1.54 earnings per share. RTX’s revenue for the quarter was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, equities analysts forecast that RTX Corporation will post 6.11 EPS for the current fiscal year.
RTX Announces Dividend
The business also recently declared 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. This represents a $2.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, February 20th. RTX’s dividend payout ratio is 54.84%.
Insider Transactions at RTX
In other news, VP Kevin G. Dasilva sold 8,136 shares of the firm’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 value of $1,637,776.80. Following the transaction, the vice president owned 27,102 shares in the company, valued at $5,455,632.60. This trade represents a 23.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Shane G. Eddy sold 17,527 shares of the business’s stock in a transaction that occurred 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. Company 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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