Bingham Private Wealth LLC Buys New Shares in RTX Corporation $RTX

Bingham Private Wealth LLC purchased a new stake in shares of RTX Corporation (NYSE:RTX) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,091 shares of the company’s stock, valued at approximately $750,000.

Several other hedge funds have also added to or reduced their stakes in RTX. California Public Employees Retirement System lifted its holdings in RTX by 27.5% during the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock valued at $802,640,000 after purchasing an additional 1,034,456 shares during the last quarter. Groupama Asset Managment acquired a new stake in RTX during the 3rd quarter valued at $150,078,000. Legal & General Group Plc lifted its holdings in RTX by 13.4% during 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 purchasing an additional 846,656 shares during the last quarter. Capital Research Global Investors lifted its holdings in RTX by 1.1% during 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 purchasing an additional 799,155 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of RTX by 37.5% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,649,335 shares of the company’s stock worth $443,313,000 after buying an additional 722,030 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insider Transactions at RTX

In other RTX 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 owned 27,102 shares in the company, valued at $5,455,632.60. The trade was a 23.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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 owned 59,556 shares in the company, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 89,255 shares of company stock valued at $18,151,956. Company insiders own 0.10% of the company’s stock.

RTX Stock Performance

RTX stock opened at $202.83 on Wednesday. RTX Corporation has a 12-month low of $112.63 and a 12-month high of $214.50. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The business’s 50-day moving average price is $200.40 and its two-hundred day moving average price is $186.73. The stock has a market cap of $273.00 billion, a PE ratio of 40.89, a P/E/G ratio of 2.92 and a beta of 0.43.

RTX (NYSE:RTX) last released its 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. 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 analysts’ expectations of $22.65 billion. During the same quarter in the previous year, the business posted $1.54 earnings per share. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, analysts expect that RTX Corporation will post 6.11 earnings per share for the current fiscal 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 $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, February 20th. RTX’s payout ratio is currently 54.84%.

RTX News Summary

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on RTX. Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Citigroup dropped their price target on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Wolfe Research reaffirmed an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $204.00 price target on shares of RTX in a research note on Thursday, January 29th. Finally, Wells Fargo & Company assumed coverage on RTX in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $203.61.

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.