BCS Wealth Management grew its holdings in shares of RTX Corporation (NYSE:RTX – Free Report) by 100.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,140 shares of the company’s stock after buying an additional 4,069 shares during the quarter. BCS Wealth Management’s holdings in RTX were worth $1,493,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in RTX. Brighton Jones LLC raised its stake in shares of RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after purchasing an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of RTX by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after purchasing an additional 159 shares in the last quarter. United Bank lifted its position in shares of RTX by 68.0% during the second quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after purchasing an additional 4,131 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in shares of RTX by 3.1% during the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after purchasing an additional 623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of RTX during the second quarter valued at about $5,157,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. Sanford C. Bernstein reissued a “market perform” rating and set a $204.00 price target on shares of RTX in a research report on Thursday, January 29th. Royal Bank Of Canada raised their price objective on shares of RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Morgan Stanley restated an “overweight” rating and set a $235.00 price objective on shares of RTX in a report on Wednesday, January 28th. Weiss Ratings restated a “buy (b)” rating on shares of RTX in a report on Friday. Finally, UBS Group restated a “neutral” rating on shares of RTX in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and an average target price of $203.61.
RTX Price Performance
RTX stock opened at $202.83 on Wednesday. The firm has a 50 day moving average of $200.40 and a 200-day moving average of $186.73. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. RTX Corporation has a 12 month low of $112.63 and a 12 month high of $214.50. The firm has a market capitalization of $273.00 billion, a P/E ratio of 40.89, a price-to-earnings-growth ratio of 2.92 and a beta of 0.43.
RTX (NYSE:RTX – Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The company had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. During the same period last year, the business earned $1.54 earnings per share. RTX’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. As a group, sell-side analysts predict that RTX Corporation will post 6.11 earnings per share for the current fiscal year.
RTX Dividend Announcement
The business 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 yield of 1.3%. RTX’s payout ratio is presently 54.84%.
Insider Buying and Selling at RTX
In other RTX news, EVP Dantaya M. Williams sold 12,713 shares of RTX stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the sale, the executive vice president directly owned 16,749 shares in the company, valued at $3,397,199.67. The trade was a 43.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the sale, the vice president owned 27,102 shares of the company’s stock, valued at approximately $5,455,632.60. The trade was a 23.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 89,255 shares of company stock valued at $18,151,956 over the last quarter. Company insiders own 0.10% of the company’s stock.
RTX News Roundup
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raytheon (an RTX business) won a $3.7B contract to supply Patriot GEM‑T interceptors to Ukraine — a large, near‑term revenue and production ramp that supports defense sales momentum. Raytheon to deliver Patriot interceptors to Ukraine
- Positive Sentiment: Blue Canyon Technologies (RTX/Raytheon) is expanding reaction‑wheel production and expects to quadruple throughput, addressing growing satellite demand and diversifying RTX’s space‑systems revenue. Blue Canyon expands reaction wheel capacity
- Positive Sentiment: Collins Aerospace landed a commercial deal to outfit Air Canada A321XLR cabins with Aurora and Meridian+ seats — a steady commercial‑aircraft revenue stream for RTX’s aerospace segment. Collins Aerospace & Air Canada deal
- Positive Sentiment: Bell selected five RTX systems for the U.S. Army’s Future Long Range Assault Aircraft (FLRAA), adding program exposure in next‑generation military airframes. Bell selects RTX systems for FLRAA
- Positive Sentiment: High‑profile bullish commentary (Jim Cramer) highlighted RTX as a defense play and pointed to its strong missile program positioning, lending retail investor support. Jim Cramer on RTX
- Neutral Sentiment: RTX reports earnings next week and Wall Street expects earnings growth — the release is a likely short‑term volatility driver (beat could reinforce the rally). Zacks on upcoming earnings
- Neutral Sentiment: Several consumer/PC articles reference “RTX” GPUs (NVIDIA branding) and desktop deals — largely noise for RTX Corporation (a defense/aerospace firm) and unlikely to move the stock materially. Stormcraft PC launch (GPU-related)
- Negative Sentiment: QuiverQuant flagged sizeable insider sales by multiple RTX executives over the past six months — a potential investor concern on timing/insider conviction. QuiverQuant insider activity & sentiment
- Negative Sentiment: Jefferies trimmed its price target (from $225 to $210) and moved to a Hold — a modest downward analyst revision that tempers near‑term upside expectations versus recent gains. Jefferies price target change
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.
See Also
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