Aberdeen Group plc increased its position in shares of RTX Corporation (NYSE:RTX – Free Report) by 0.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 619,893 shares of the company’s stock after purchasing an additional 4,549 shares during the period. Aberdeen Group plc’s holdings in RTX were worth $113,688,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in RTX. Brighton Jones LLC lifted its holdings 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 acquiring an additional 3,332 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after purchasing an additional 159 shares during the period. United Bank grew its stake in shares of RTX by 68.0% during the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after purchasing an additional 4,131 shares during the period. Schnieders Capital Management LLC. increased its holdings in RTX by 3.1% in the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after buying an additional 623 shares in the last quarter. Finally, Edgestream Partners L.P. increased its stake in RTX by 72.5% in the 2nd quarter. Edgestream Partners L.P. now owns 5,557 shares of the company’s stock valued at $811,000 after purchasing an additional 2,335 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.
More RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Unusually large call buying — traders purchased ~47,356 RTX calls today (roughly +147% vs. typical daily call volume). Heavy call flow can signal bullish conviction or hedged institutional positioning and often precedes intraday/short-term upward pressure on the share price.
- Positive Sentiment: Melius Research upgraded RTX from “hold” to “buy”, which can attract momentum buyers. Finviz: Melius Upgrade
- Positive Sentiment: Erste Group initiated coverage with a Buy, citing strength in RTX’s engine business and defense tailwinds — adds third‑party confirmation of the company’s defense/aftermarket growth story. Erste Group Initiates RTX With Buy
- Positive Sentiment: Product/cybercapability win — RTX’s BBN Technologies released Maude‑HCS, an open‑source toolkit for validating covert communications (DARPA-funded). Demonstrates RTX’s cyber R&D and could support defense/contract credibility. BBN Maude‑HCS Release
- Neutral Sentiment: New coverage from Wells Fargo (equal weight / $200 PT) establishes a baseline institutional view but is not a strong catalyst either way. Wells Fargo Coverage
- Neutral Sentiment: Multiple consumer tech headlines reference “RTX” GPUs (product reviews, DLSS 6 rumors, PC deals). These mostly concern NVIDIA’s RTX-branded graphics products and are unlikely to materially affect RTX Corporation’s aerospace & defense fundamentals. Representative article: PCWorld: RTX GPUs & Local AI
- Negative Sentiment: Citigroup cut its price target from $238 to $226 while keeping a “buy” rating — the downgrade to the PT trims some analyst upside and could temper enthusiasm. Benzinga: Citigroup Lowers PT
- Negative Sentiment: Political risk: commentary about a potential U.S. pullback from NATO is stoking concern that defense spending dynamics could shift, which would be a negative for large defense contractors if it materializes. Benzinga: NATO/Defense Risk
RTX Trading Up 0.8%
RTX (NYSE:RTX – Get Free Report) last posted its quarterly 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. The firm had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts forecast 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 was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were issued a dividend of $0.68 per share. The ex-dividend date was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s payout ratio is presently 54.84%.
Insider Activity
In other news, VP Kevin G. Dasilva sold 8,136 shares of the stock in a transaction 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 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 owned 59,556 shares in the company, valued at $12,242,331.36. The trade was a 37.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 89,255 shares of company stock worth $18,151,956. Insiders own 0.10% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. upped 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. Erste Group Bank initiated coverage on RTX in a research note on Tuesday, March 24th. They set a “buy” rating on the stock. Royal Bank Of Canada lifted their price objective on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Vertical Research reiterated a “buy” rating and issued a $227.00 target price on shares of RTX in a research note on Tuesday, January 27th. Finally, Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and an average target price of $204.44.
Get Our Latest Analysis on RTX
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.
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