Avity Investment Management Inc. Sells 12,620 Shares of RTX Corporation $RTX

Avity Investment Management Inc. trimmed its stake in shares of RTX Corporation (NYSE:RTX) by 4.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 272,931 shares of the company’s stock after selling 12,620 shares during the quarter. RTX accounts for 3.2% of Avity Investment Management Inc.’s portfolio, making the stock its 11th largest holding. Avity Investment Management Inc.’s holdings in RTX were worth $45,670,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of RTX. State Street Corp boosted its position in RTX by 0.5% in the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after buying an additional 552,009 shares in the last quarter. State Board of Administration of Florida Retirement System increased its holdings in shares of RTX by 1.2% during the second quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock worth $192,333,000 after buying an additional 16,034 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of RTX by 10.6% during the third quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock worth $28,648,000 after buying an additional 16,467 shares in the last quarter. Rockland Trust Co. raised its stake in shares of RTX by 121.1% in the third quarter. Rockland Trust Co. now owns 20,245 shares of the company’s stock valued at $3,388,000 after acquiring an additional 11,089 shares during the last quarter. Finally, Rafferty Asset Management LLC boosted its holdings in shares of RTX by 4.0% in the 3rd quarter. Rafferty Asset Management LLC now owns 332,214 shares of the company’s stock worth $55,589,000 after acquiring an additional 12,927 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

RTX has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 price target on shares of RTX in a research report on Thursday, March 5th. Royal Bank Of Canada boosted their price objective on RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. JPMorgan Chase & Co. raised their target price on RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. Finally, Vertical Research reiterated a “buy” rating and set a $227.00 price target on shares of RTX in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $202.00.

RTX Price Performance

Shares of RTX opened at $203.32 on Wednesday. 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 Corporation has a 1 year low of $112.27 and a 1 year high of $214.50. The stock has a market cap of $273.66 billion, a P/E ratio of 40.99, a price-to-earnings-growth ratio of 2.98 and a beta of 0.42. The stock’s 50-day moving average price is $200.28 and its two-hundred day moving average price is $181.22.

RTX (NYSE:RTX) last announced its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. The company had revenue of $24.24 billion during the quarter, compared to analysts’ expectations of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.RTX’s revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts predict that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 20th will be issued a $0.68 dividend. The ex-dividend date is Friday, February 20th. This represents a $2.72 annualized dividend and a yield of 1.3%. RTX’s dividend payout ratio (DPR) is 54.84%.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace (RTX unit) began electric motor drive system testing for the EU Clean Aviation SWITCH project — a technical milestone that supports future hybrid‑electric demonstrators and underpins commercial aerospace revenue opportunities. Read More.
• Positive Sentiment: Analysts and industry write-ups highlight accelerating missile/missile‑defense demand and Pentagon awards that should lift RTX’s defense backlog and margins over time — a key medium‑term growth driver. These bullish takes support upside to consensus forecasts. Read More.
• Positive Sentiment: Broker coverage remains constructive: recent analyst notes reiterate upside (~11% from some targets) and call out RTX as a beneficiary of aerospace/defense secular trends, providing support for the stock vs. peers. Read More.
• Neutral Sentiment: Valuation/technical analysis pieces show mixed fair‑value signals after strong multi‑month returns — helpful context for investors but not a catalyst by itself. Read More.
• Neutral Sentiment: Multiple headlines about “RTX” branded GPUs (NVIDIA’s GeForce RTX 50 series, DLSS 5, and consumer PC deals) are driving tech/gaming coverage; these refer to NVIDIA’s RTX brand and are largely unrelated to RTX Corporation, though they can create short‑term headline noise and investor confusion. Read More.
• Negative Sentiment: Market commentators flagged a price pullback/underperformance versus the broader market today, signaling short‑term profit‑taking after recent gains; such flows can pressure shares even when fundamentals remain strong. Read More.

Insider Buying and Selling

In other news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of RTX stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the transaction, the executive vice president directly owned 59,556 shares of the company’s stock, valued at $12,242,331.36. This trade represents a 37.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ramsaran Maharajh sold 15,124 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,698,105.60. This trade represents a 53.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 89,255 shares of company stock valued at $18,151,956. 0.10% of the stock is owned by company insiders.

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.