RTX Corporation $RTX Shares Sold by Baxter Bros Inc.

Baxter Bros Inc. trimmed its stake in shares of RTX Corporation (NYSE:RTX) by 3.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,296 shares of the company’s stock after selling 3,827 shares during the period. RTX comprises 2.0% of Baxter Bros Inc.’s holdings, making the stock its 14th largest position. Baxter Bros Inc.’s holdings in RTX were worth $17,477,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of RTX. California Public Employees Retirement System lifted its position in shares of 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 buying an additional 1,034,456 shares in the last quarter. Groupama Asset Managment acquired a new stake in shares of RTX in the third quarter valued at about $150,078,000. Legal & General Group Plc increased its stake in shares of RTX by 13.4% during the third quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock worth $1,199,338,000 after purchasing an additional 846,656 shares in the last quarter. Capital Research Global Investors increased its stake in shares of RTX by 1.1% during the third quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock worth $12,750,087,000 after purchasing an additional 799,155 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of RTX by 37.5% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,649,335 shares of the company’s stock worth $443,313,000 after purchasing an additional 722,030 shares during the last quarter. 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: Pentagon procurement push and new defense contracts reinforce RTX’s backlog and production leverage; reports note automakers being courted for defense production while Lockheed and RTX picked up missile contracts. Read More.
• Positive Sentiment: Raytheon (an RTX business) completed the first flight test of its RAIVEN Staring sensor on a UH‑60 Black Hawk — a technical milestone that supports future sensor/SAsystems revenue across air, ground and maritime platforms. Read More.
• Positive Sentiment: RTX announced large-scale production/contract activity (including a reported ~$3.7B Patriot GEM‑T order and new interceptor facility in Germany) and program wins for Collins Aerospace, supporting medium-term revenue visibility. Read More.
• Positive Sentiment: Collins Aerospace secured three airline launch customers for its Helix main-cabin seat (≈200 aircraft), a commercial aerospace win that diversifies revenue beyond defense. Read More.
• Neutral Sentiment: Analysts and services published note‑level previews of Q1 metrics (revenue composition, margins) to frame expectations ahead of earnings — helpful context but not decisive until results/guide are released. Read More.
• Neutral Sentiment: Several tech/gaming headlines referencing NVIDIA/GeForce RTX model news and laptop deals are unrelated to RTX the aerospace/defense company — likely noise for RTX equity investors. Read More.
• Negative Sentiment: Jefferies lowered its expectations for RTX, which can pressure the stock via recalibrated price targets and investor positioning. Read More.
• Negative Sentiment: Sentiment reports note cooling defense sentiment as ceasefire hopes around the Iran conflict rise — reduced geopolitical tailwinds could blunt near-term upside for defense contractors. Read More.
• Negative Sentiment: Shares have pulled back in recent sessions, reflecting profit‑taking after a strong run and the mixed newsflow above. Read More.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on RTX shares. JPMorgan Chase & Co. lifted their price objective on RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Citigroup reduced their target price on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Vertical Research restated a “buy” rating and issued a $227.00 target price on shares of RTX in a research report on Tuesday, January 27th. Wolfe Research reaffirmed an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. Finally, Robert W. Baird set a $225.00 price target on RTX in a research report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $203.61.

Insider Transactions at RTX

In related news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total value of $7,349,797.80. Following the transaction, the executive vice president directly owned 59,556 shares in the company, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the sale, the executive vice president directly owned 16,749 shares of the company’s stock, valued at approximately $3,397,199.67. This trade represents a 43.15% decrease in their position. 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 in the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

RTX Price Performance

NYSE:RTX opened at $195.90 on Friday. RTX Corporation has a one year low of $112.63 and a one year high of $214.50. The stock has a market cap of $263.67 billion, a PE ratio of 39.50, a P/E/G ratio of 2.87 and a beta of 0.43. 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 stock has a 50 day moving average price of $200.43 and a 200 day moving average price of $186.88.

RTX (NYSE:RTX) last issued its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating 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 company had revenue of $24.24 billion during the quarter, compared to analysts’ expectations of $22.65 billion. During the same period in the prior year, the business earned $1.54 EPS. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities research analysts expect that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, February 20th. RTX’s payout ratio is presently 54.84%.

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.