RTX Corporation $RTX Shares Purchased by DAVENPORT & Co LLC

DAVENPORT & Co LLC boosted its stake in RTX Corporation (NYSE:RTX) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 113,151 shares of the company’s stock after acquiring an additional 2,869 shares during the period. DAVENPORT & Co LLC’s holdings in RTX were worth $20,752,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. BNP Paribas acquired a new stake in shares of RTX in the 3rd quarter valued at about $25,000. Valley Wealth Managers Inc. acquired a new position in RTX during the third quarter worth approximately $30,000. SOA Wealth Advisors LLC. lifted its stake in RTX by 57.4% in the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock valued at $32,000 after buying an additional 70 shares during the last quarter. Wexford Capital LP purchased a new stake in RTX in the third quarter valued at approximately $33,000. Finally, Dogwood Wealth Management LLC boosted its holdings in shares of RTX by 57.3% in the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Stock Up 0.6%

Shares of RTX stock opened at $195.07 on Thursday. RTX Corporation has a one year low of $112.27 and a one year high of $214.50. The company has a market cap of $262.56 billion, a P/E ratio of 39.33, a PEG ratio of 2.81 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. The firm has a fifty day moving average of $201.06 and a two-hundred day moving average of $182.72.

RTX (NYSE:RTX) last issued its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. 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 firm earned $1.54 earnings per share. The business’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, analysts forecast that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, February 20th. RTX’s payout ratio is currently 54.84%.

Insider Activity at RTX

In other news, EVP Ramsaran Maharajh sold 15,124 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total value of $3,095,126.60. Following the completion of the sale, 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shane G. Eddy sold 17,527 shares of RTX stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 89,255 shares of company stock worth $18,151,956 in the last three months. 0.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on RTX shares. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 14th. Erste Group Bank began coverage on shares of RTX in a research note on Tuesday. They set a “buy” rating for the company. Sanford C. Bernstein reissued a “market perform” rating and set a $204.00 price objective on shares of RTX in a research report on Thursday, January 29th. TD Cowen reaffirmed a “buy” rating on shares of RTX in a report on Tuesday, January 27th. Finally, Robert W. Baird set a $225.00 target price on shares of RTX in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, RTX presently has an average rating of “Moderate Buy” and an average price target of $202.00.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon completed a $115M expansion of its Redstone missile integration plant, boosting production capacity for missile programs and supporting near‑term revenue from defense contracts. Analysts Remain Bullish on RTX (RTX) Following Completion of Its $115 Million Redstone Missile Integration Plant Investment Expansion
• Positive Sentiment: The Pentagon said it will ramp up war supplies with defense firms under framework agreements, a policy shift that should lift backlog visibility and order pace for major contractors including RTX. Pentagon says it will ramp up war supplies with defense companies
• Positive Sentiment: Pratt & Whitney won a follow‑on contract to supply TJ150 engines for Leidos’ AGM‑190A cruise missiles — a program win that concretely supports aftermarket and defense revenue streams. (Also cited in billionaire‑backed stock roundups that can attract investor interest.) Is RTX Corporation (RTX) the Best Aerospace and Defense Stock to Buy According to Billionaires?
• Positive Sentiment: Recent analyst moves (Zacks upgraded to a #2 Buy; new coverage from Erste with a Buy rating) increase visibility and may support near‑term buying interest. All You Need to Know About RTX (RTX) Rating Upgrade to Buy
• Neutral Sentiment: Analyst sentiment is mixed: while 56% of covers are bullish, several outlets flag RTX among overvalued names with a consensus $227 target (implying upside but also valuation risk). Investors may weigh growth vs stretched multiples. Analysts Remain Bullish on RTX (RTX) Following Completion of Its $115 Million Redstone Missile Integration Plant Investment Expansion
• Neutral Sentiment: Comparative analyst pieces (Howmet, ATI vs RTX) keep the stock in investor screens but offer mixed relative picks — useful context but not a direct catalyst. Howmet vs. RTX: Which Aerospace & Defense Stock is the Better Pick Now?
• Negative Sentiment: Supply‑chain risk: U.S. rules to eliminate Chinese‑origin rare earths from key weapons by 2027 could pressure costs and program timelines for systems that rely on those materials (AMRAAM, Tomahawk), creating execution risk for Raytheon programs. RTX Rare Earth Sourcing Test As Missile Capacity Expands
• Negative Sentiment: The shares have also shown short‑term volatility (recent day‑to‑day slides) — a reminder that macro moves and sector rotations can quickly offset fundamental headlines. RTX (RTX) Stock Slides as Market Rises: Facts to Know Before You Trade

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.