Capital Investment Counsel Inc Reduces Stock Position in RTX Corporation $RTX

Capital Investment Counsel Inc lessened its stake in shares of RTX Corporation (NYSE:RTX) by 8.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,197 shares of the company’s stock after selling 2,568 shares during the quarter. Capital Investment Counsel Inc’s holdings in RTX were worth $4,805,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in RTX by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 122,775,221 shares of the company’s stock worth $20,543,978,000 after purchasing an additional 700,487 shares in the last quarter. Capital Research Global Investors grew its holdings in RTX by 1.1% in the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock valued at $12,750,087,000 after buying an additional 799,155 shares during the period. Fisher Asset Management LLC grew its holdings in RTX by 2.8% in the 3rd quarter. Fisher Asset Management LLC now owns 21,174,194 shares of the company’s stock valued at $3,543,078,000 after buying an additional 575,004 shares during the period. Dimensional Fund Advisors LP grew its holdings in RTX by 2.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 7,642,723 shares of the company’s stock valued at $1,278,740,000 after buying an additional 147,940 shares during the period. Finally, Legal & General Group Plc grew its holdings in RTX by 13.4% in the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock valued at $1,199,338,000 after buying an additional 846,656 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Trending Headlines about RTX

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 analysts have commented on RTX shares. Sanford C. Bernstein restated a “market perform” rating and issued a $204.00 price target on shares of RTX in a report on Thursday, January 29th. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Vertical Research restated a “buy” rating and issued a $227.00 price target on shares of RTX in a report on Tuesday, January 27th. Morgan Stanley restated an “overweight” rating and issued a $235.00 price target on shares of RTX in a report on Wednesday, January 28th. Finally, Jefferies Financial Group restated a “hold” rating on shares of RTX in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $204.44.

RTX Stock Performance

NYSE RTX opened at $201.55 on Monday. The firm has a market capitalization of $271.28 billion, a P/E ratio of 40.63, a P/E/G ratio of 2.92 and a beta of 0.43. RTX Corporation has a 1-year low of $112.63 and a 1-year high of $214.50. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The business’s 50-day simple moving average is $200.41 and its 200-day simple moving average is $186.17.

RTX (NYSE:RTX) last released its quarterly earnings data 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. The business had revenue of $24.24 billion for the quarter, compared to analyst estimates of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The company’s revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts predict that RTX Corporation will post 6.11 EPS for the current year.

RTX Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were paid a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, February 20th. RTX’s payout ratio is currently 54.84%.

Insiders Place Their Bets

In other news, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction dated 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 transaction, the vice president directly owned 27,102 shares of the company’s stock, valued at $5,455,632.60. The trade was a 23.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of RTX 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 transaction, the executive vice president directly owned 59,556 shares in the company, valued at $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 89,255 shares of company stock worth $18,151,956. 0.10% of the stock is owned by insiders.

RTX Company 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.