Banco Bilbao Vizcaya Argentaria S.A. Has $6.42 Million Position in RTX Corporation $RTX

Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of RTX Corporation (NYSE:RTXFree Report) by 36.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,392 shares of the company’s stock after purchasing an additional 10,228 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in RTX were worth $6,423,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of RTX. Brighton Jones LLC lifted its stake in RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after buying an additional 3,332 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of RTX by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after acquiring an additional 159 shares in the last quarter. United Bank raised its holdings in shares of RTX by 68.0% during the second quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after acquiring an additional 4,131 shares during the period. Schnieders Capital Management LLC. lifted its position in RTX by 3.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after acquiring an additional 623 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in RTX by 13.4% in the 2nd quarter. Intech Investment Management LLC now owns 55,036 shares of the company’s stock valued at $8,036,000 after acquiring an additional 6,524 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on RTX. Morgan Stanley reiterated an “overweight” rating and set a $235.00 target price on shares of RTX in a report on Wednesday, January 28th. Susquehanna restated a “positive” rating and issued a $230.00 price target on shares of RTX in a report on Thursday, January 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. UBS Group reissued a “neutral” rating on shares of RTX in a research report on Wednesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 target price on shares of RTX in a research note on Thursday, March 5th. One 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 assigned a Sell rating to the company. According to data from MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and a consensus price target of $202.00.

Check Out Our Latest Analysis on RTX

More RTX News

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Insider Activity

In other news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the sale, the executive vice president owned 59,556 shares in the company, valued at $12,242,331.36. This represents a 37.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Kevin G. Dasilva sold 8,136 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $201.30, for a total value of $1,637,776.80. Following the completion of 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. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 89,255 shares of company stock worth $18,151,956. Corporate insiders own 0.10% of the company’s stock.

RTX Trading Up 0.8%

RTX stock opened at $206.10 on Tuesday. The firm has a 50-day moving average of $200.02 and a 200-day moving average of $180.91. RTX Corporation has a one year low of $112.27 and a one year high of $214.50. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The company has a market cap of $277.40 billion, a price-to-earnings ratio of 41.55, a P/E/G ratio of 2.96 and a beta of 0.42.

RTX (NYSE:RTXGet Free Report) last released its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating 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 business had revenue of $24.24 billion for the quarter, compared to the consensus estimate of $22.65 billion. During the same quarter in the previous year, the business earned $1.54 earnings per share. RTX’s quarterly revenue was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts expect that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 20th will be paid a $0.68 dividend. 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 currently 54.84%.

RTX Profile

(Free Report)

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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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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