Bank of Nova Scotia Increases Stock Position in RTX Corporation $RTX

Bank of Nova Scotia lifted its position in shares of RTX Corporation (NYSE:RTX) by 20.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 326,090 shares of the company’s stock after buying an additional 54,672 shares during the period. Bank of Nova Scotia’s holdings in RTX were worth $54,565,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas purchased a new stake in RTX during the third quarter valued at about $25,000. Valley Wealth Managers Inc. purchased a new position in shares of RTX in the 3rd quarter worth about $30,000. SOA Wealth Advisors LLC. lifted its stake in shares of RTX by 57.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock valued at $32,000 after purchasing an additional 70 shares in the last quarter. Dogwood Wealth Management LLC lifted its stake in shares of RTX by 57.3% in the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares in the last quarter. Finally, Imprint Wealth LLC purchased a new stake in shares of RTX during the 3rd quarter worth about $35,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the business’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 59,556 shares of the company’s stock, valued at $12,242,331.36. The trade was a 37.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Shane G. Eddy sold 17,527 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 89,255 shares of company stock worth $18,151,956. Company insiders own 0.10% of the company’s stock.

RTX Trading Up 0.7%

Shares of RTX opened at $204.54 on Monday. The company has a market capitalization of $275.30 billion, a P/E ratio of 41.24, a P/E/G ratio of 2.96 and a beta of 0.42. 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 $199.67 and a 200 day moving average price of $180.59. RTX Corporation has a one year low of $112.27 and a one year high of $214.50.

RTX (NYSE:RTX) last released its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.08. The business had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Sell-side analysts forecast that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 20th will be given a $0.68 dividend. The ex-dividend date of this dividend is 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%.

Analyst Ratings Changes

A number of research firms recently issued reports on RTX. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $240.00 target price on shares of RTX in a research report on Thursday, March 5th. Royal Bank Of Canada boosted their price objective on shares of RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. Morgan Stanley reissued an “overweight” rating and issued a $235.00 price objective on shares of RTX in a research report on Wednesday, January 28th. Vertical Research restated a “buy” rating and set a $227.00 target price on shares of RTX in a report on Tuesday, January 27th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $204.00 price target on shares of RTX in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $202.00.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q4 results and FY26 guide support valuation — RTX reported a quarterly EPS beat and set FY2026 EPS guidance of $6.60–$6.80, signaling healthy margin/revenue momentum that underpins the stock’s premium multiple.
• Positive Sentiment: Capacity expansion in missiles: Raytheon (an RTX business) completed a $115M, 26,000 sq ft expansion at its Redstone missile integration facility to lift integration/delivery capacity >50% and grow local headcount — this directly boosts execution capacity on high‑margin defense programs. RTX’s Raytheon completes $115 million expansion of Alabama missile integration facility
• Neutral Sentiment: Analyst stance steady — Jefferies reaffirmed a Hold and $225 price target after the DoD cleared a NASAMS sale to Egypt; that keeps a near‑term valuation ceiling but doesn’t signal downgrades. Jefferies Reaffirms Hold Rating on RTX
• Neutral Sentiment: Defense incident noted, but direct impact unclear — A KC-135 crash in Iraq is being reported; while it highlights ongoing military operations (and potential sustainment demand), it’s a developing story with no direct program implications for RTX yet. U.S. Military Confirms Loss of KC-135 Refueling Aircraft
• Neutral Sentiment: Media noise from “RTX” consumer GPU stories — Several headlines reference NVIDIA’s “RTX” GPUs (unrelated to RTX Corporation). These can create search/noise but have no material effect on RTX’s fundamentals. Transforming Data Science With NVIDIA RTX PRO 6000
• Negative Sentiment: Backlog conversion risk: analysis highlights a $268B defense backlog but warns RTX faces an engine/supply “crisis” that could slow converting orders into cash — this execution risk is a meaningful negative catalyst for near‑term cash flow and investor confidence. Munitions Burned in 100 Hours Could Fuel RTX’s Next Growth Wave
• Negative Sentiment: Recent price weakness flagged by market press — Coverage calling out a >2% daily decline notes investor profit‑taking and sensitivity to macro/defense headlines, which can amplify short‑term volatility. Here’s Why RTX Fell More Than Broader Market

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.