Assenagon Asset Management S.A. Sells 959,021 Shares of RTX Corporation $RTX

Assenagon Asset Management S.A. cut its position in RTX Corporation (NYSE:RTX) by 61.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 601,991 shares of the company’s stock after selling 959,021 shares during the quarter. Assenagon Asset Management S.A.’s holdings in RTX were worth $110,405,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of RTX. Cambridge Financial Group LLC acquired a new position in shares of RTX in the fourth quarter valued at about $270,000. Peterson Wealth Advisors LLC acquired a new position in shares of RTX during the 4th quarter worth approximately $325,000. Silvia Mccoll Wealth Management LLC bought a new stake in shares of RTX in the fourth quarter valued at approximately $217,000. Affinity Capital Advisors LLC acquired a new stake in RTX during the fourth quarter worth approximately $291,000. Finally, TABR Capital Management LLC acquired a new stake in RTX during the fourth quarter worth approximately $688,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analysts Set New Price Targets

RTX has been the subject of several analyst reports. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $204.00 price objective on shares of RTX in a report on Thursday, January 29th. Robert W. Baird set a $225.00 price target on RTX in a research report on Wednesday, January 28th. Citigroup boosted their price target on RTX from $227.00 to $238.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. UBS Group reaffirmed a “neutral” rating on shares of RTX in a research report on Wednesday, January 28th. Finally, TD Cowen reissued a “buy” rating on shares of RTX in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $202.00.

RTX Stock Performance

NYSE RTX opened at $194.53 on Tuesday. The firm’s fifty day moving average price is $201.12 and its two-hundred day moving average price is $182.38. The stock has a market cap of $261.84 billion, a PE ratio of 39.22, a PEG ratio of 2.87 and a beta of 0.42. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. RTX Corporation has a fifty-two week low of $112.27 and a fifty-two week high of $214.50.

RTX (NYSE:RTX) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share 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 business had revenue of $24.24 billion for the quarter, compared to analyst estimates of $22.65 billion. During the same quarter in the previous year, the company posted $1.54 EPS. RTX’s quarterly revenue was up 12.1% compared to the same quarter last year. 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 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were issued 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 was Friday, February 20th. RTX’s payout ratio is 54.84%.

Insider Buying and Selling

In other news, 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 value of $1,637,776.80. Following the completion of the transaction, the vice president owned 27,102 shares of the company’s stock, valued at $5,455,632.60. This represents a 23.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Ramsaran Maharajh sold 15,124 shares of RTX stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the sale, the executive vice president owned 13,184 shares in the company, valued at approximately $2,698,105.60. This represents a 53.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 89,255 shares of company stock valued at $18,151,956 over the last three months. Insiders own 0.10% of the company’s stock.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Zacks reports RTX is expanding missile capabilities and won an ~ $11.74 billion contract while investing in hypersonics and advanced systems — this strengthens backlog, defense revenue visibility and long‑term ordnance/missile positioning for RTX. Is RTX Expanding Missile Capabilities to Boost Defense Strength?
• Neutral Sentiment: Consumer/gaming headlines (discounts on Alienware laptops, RTX 50/5070/5090 GPU reviews, DLSS 4.5, Xbox mod stories) reference NVIDIA’s “RTX” graphics brand and do not materially affect RTX Corporation’s aerospace & defense business; treat these as noise for RTX investors. $300 off! Alienware’s Intel Core 7 + RTX 5060 laptop
• Neutral Sentiment: DLSS 4.5 / RTX 50-series performance and other GPU product stories are important for NVIDIA’s business but unrelated to RTX Corp.’s financials and contracts. DLSS 4.5 arrives March 31
• Negative Sentiment: Zacks notes the stock “slides as the market rises,” reflecting short‑term underperformance and profit‑taking despite the defense wins. Technical pressure (trading below the 50‑day moving average) and a relatively high valuation may be amplifying the pullback. RTX Stock Slides as Market Rises

RTX 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.