Carnegie Investment Counsel Buys 4,755 Shares of RTX Corporation $RTX

Carnegie Investment Counsel increased its stake in shares of RTX Corporation (NYSE:RTX) by 2.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 233,889 shares of the company’s stock after buying an additional 4,755 shares during the quarter. RTX accounts for about 0.8% of Carnegie Investment Counsel’s investment portfolio, making the stock its 27th largest position. Carnegie Investment Counsel’s holdings in RTX were worth $42,895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of RTX. Brighton Jones LLC boosted its holdings in shares of RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after acquiring an additional 3,332 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of RTX by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after acquiring an additional 159 shares in the last quarter. United Bank boosted its holdings in shares of RTX by 68.0% in the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after acquiring an additional 4,131 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings in shares of RTX by 3.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after acquiring an additional 623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of RTX in the 2nd quarter worth approximately $5,157,000. 86.50% of the stock is owned by institutional investors and hedge funds.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX has an established streak of beating quarterly estimates and analysts say the company currently has the key ingredients (revenue strength and modest upside to consensus) to continue that trend, which could support further upside if Q2 results beat again. Can RTX (RTX) Keep the Earnings Surprise Streak Alive? (Yahoo) Can RTX (RTX) Keep the Earnings Surprise Streak Alive? (Zacks)
• Positive Sentiment: Unusually active May 1 $220 call volume shows speculative/bullish positioning ahead of near-term catalysts (earnings/guidance); heavy call buying can amplify moves if fundamentals or guidance surprise to the upside. RTX Stock’s Unusually Active May 1 $220 Call Is a No Brainer
• Neutral Sentiment: Pratt & Whitney (an RTX unit) named a new president effective June 1 — a management succession that supports operational continuity but is unlikely to be a major near-term share mover on its own. Satheeshkumar Kumarasingam named president of Pratt & Whitney
• Neutral Sentiment: Small institutional trimming: Bfsg LLC sold ~2,815 shares (a ~3.1% reduction in its RTX holding) per a 13F filing — a modest reweighting rather than a large-scale exit. Institutional flows are worth watching but this filing alone is not a major signal. Bfsg LLC Has $16.37 Million Holdings in RTX Corporation $RTX
• Neutral Sentiment: Several headlines about Nvidia-branded “RTX” consumer GPUs (laptops, broken GPUs, cooling changes) are trending — these relate to NVIDIA’s product line and could cause ticker/brand confusion among retail investors but do not reflect RTX Corporation’s aerospace and defense fundamentals. Area-51 gaming laptop article (example)
• Negative Sentiment: Macro and supply-chain concerns are highlighted in coverage noting a recent modest price pullback (monthly decline) and ongoing trade/supply risks — these factors can cap multiples and create short-term volatility despite contract wins and technology progress. RTX Declines 1.7% in the Past Month: How to Play the Stock?

Wall Street Analyst Weigh In

Several brokerages have recently commented on RTX. Robert W. Baird set a $225.00 target price on RTX in a report on Wednesday, January 28th. UBS Group reissued a “neutral” rating on shares of RTX in a report on Wednesday, January 28th. Vertical Research reaffirmed a “buy” rating and set a $227.00 price objective on shares of RTX in a report on Tuesday, January 27th. TD Cowen reaffirmed a “buy” rating on shares of RTX in a report on Tuesday, January 27th. Finally, Susquehanna reaffirmed a “positive” rating and set a $230.00 price objective on shares of RTX in a report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, RTX has an average rating of “Moderate Buy” and a consensus price target of $204.44.

RTX Stock Down 0.8%

NYSE:RTX opened at $201.55 on Friday. The stock’s fifty day moving average price is $200.41 and its two-hundred day moving average price is $185.82. RTX Corporation has a 52-week low of $112.63 and a 52-week high of $214.50. 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 company has a market cap of $271.28 billion, a price-to-earnings ratio of 40.63, a P/E/G ratio of 2.94 and a beta of 0.43.

RTX (NYSE:RTX) last posted its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.08. RTX had a return on equity of 13.08% and a net margin of 7.60%.The firm had revenue of $24.24 billion for the quarter, compared to the consensus estimate of $22.65 billion. During the same quarter in the prior year, the business earned $1.54 EPS. The business’s revenue for the quarter 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 anticipate that RTX Corporation will post 6.11 EPS for the current year.

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were given a dividend of $0.68 per share. The ex-dividend date was Friday, February 20th. This represents a $2.72 annualized dividend and a dividend yield of 1.3%. RTX’s payout ratio is presently 54.84%.

Insider Activity at RTX

In related news, insider Shane G. Eddy sold 17,527 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total value of $3,490,677.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the completion of the sale, the executive vice president owned 59,556 shares of the company’s stock, valued at $12,242,331.36. This represents a 37.51% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 89,255 shares of company stock worth $18,151,956. 0.10% of the stock is owned by company insiders.

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.