Eastern Bank raised its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 83,454 shares of the company’s stock after acquiring an additional 3,655 shares during the period. Eastern Bank’s holdings in RTX were worth $15,305,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in RTX. State Street Corp grew its stake in RTX by 0.5% during the 2nd quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after purchasing an additional 552,009 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in RTX by 10.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock valued at $28,648,000 after purchasing an additional 16,467 shares in the last quarter. Groupama Asset Managment acquired a new stake in RTX in the 3rd quarter valued at about $150,078,000. Rockland Trust Co. boosted its stake in shares of RTX by 121.1% in the 3rd quarter. Rockland Trust Co. now owns 20,245 shares of the company’s stock valued at $3,388,000 after buying an additional 11,089 shares during the period. Finally, Coldstream Capital Management Inc. grew its position in shares of RTX by 9.5% during the third quarter. Coldstream Capital Management Inc. now owns 75,321 shares of the company’s stock worth $12,604,000 after buying an additional 6,566 shares in the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Erste Group initiated/updated coverage with bullish FY2026–FY2027 EPS estimates (FY26 $6.80, FY27 $7.50) and a Buy stance, implying upside vs. consensus and supporting investor confidence in RTX’s earnings trajectory. Erste Group Coverage Initiated
- Positive Sentiment: RTX’s Raytheon unit completed a $115M expansion of the Redstone Missile Integration Facility, boosting integration/delivery capacity by >50% and pairing with long‑term munitions framework deals — this increases production capacity to meet sustained defense demand. Redstone Expansion Article
- Positive Sentiment: Analyst piece highlights Pratt & Whitney (within RTX) as a growth driver via advanced engines and aftermarket services, which can lift margins and recurring revenue in both commercial and defense aviation. Zacks Pratt & Whitney Outlook
- Neutral Sentiment: Media/celebrity endorsement (Jim Cramer) has supported near-term investor enthusiasm previously, but this is sentiment-driven rather than fundamental. Jim Cramer Coverage
- Negative Sentiment: U.S. warnings that the Israel‑Iran conflict could force the Pentagon to prioritize munitions for the Middle East may delay or divert Patriot interceptor shipments to Ukraine — creating short‑term uncertainty in order timing and potential inventory reallocation for RTX’s air‑defense businesses. QuiverQuant: Iran War Could Disrupt Shipments
Insider Buying and Selling
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on RTX. JPMorgan Chase & Co. lifted their price target on shares of RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. DZ Bank lowered shares of RTX from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $204.00 price objective on shares of RTX in a research report on Thursday, January 29th. Wolfe Research reiterated an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. Finally, Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, RTX has an average rating of “Moderate Buy” and a consensus target price of $202.00.
Check Out Our Latest Stock Analysis on RTX
RTX Stock Performance
Shares of RTX stock opened at $189.68 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 $214.50. The firm’s 50 day moving average is $200.67 and its two-hundred day moving average is $183.26. The firm has a market capitalization of $255.30 billion, a P/E ratio of 38.24, a P/E/G ratio of 2.75 and a beta of 0.42.
RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $22.65 billion. During the same quarter in the previous year, the firm earned $1.54 EPS. The company’s 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. Research analysts forecast that RTX Corporation will post 6.11 EPS for the current fiscal year.
RTX Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, February 20th were given a $0.68 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a yield of 1.4%. RTX’s payout ratio is 54.84%.
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.
Further Reading
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