CIBC Bancorp USA Inc. Buys New Position in RTX Corporation $RTX

CIBC Bancorp USA Inc. bought a new stake in shares of RTX Corporation (NYSE:RTX) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 184,579 shares of the company’s stock, valued at approximately $30,886,000.

A number of other institutional investors have also recently made changes to their positions in the stock. BNP Paribas bought a new stake in shares of RTX during the 3rd quarter worth $25,000. Valley Wealth Managers Inc. bought a new position in RTX in the third quarter valued at $30,000. SOA Wealth Advisors LLC. raised its position in RTX by 57.4% during the third 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. Wexford Capital LP purchased a new stake in RTX during the third quarter valued at about $33,000. Finally, Dogwood Wealth Management LLC lifted its stake in RTX by 57.3% during the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.

Insiders Place Their Bets

In other RTX news, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total value of $2,578,577.79. Following the sale, the executive vice president owned 16,749 shares of the company’s stock, valued at $3,397,199.67. This trade represents a 43.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ramsaran Maharajh sold 15,124 shares of the business’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the completion of the transaction, the executive vice president owned 13,184 shares in the company, valued at $2,698,105.60. The trade was a 53.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 89,255 shares of company stock worth $18,151,956. 0.10% of the stock is currently owned by insiders.

RTX Price Performance

Shares of RTX stock opened at $204.52 on Thursday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. RTX Corporation has a one year low of $112.27 and a one year high of $214.50. The business’s 50 day simple moving average is $200.66 and its two-hundred day simple moving average is $181.39. The stock has a market capitalization of $275.28 billion, a P/E ratio of 41.23, a price-to-earnings-growth ratio of 2.94 and a beta of 0.42.

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 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 during the quarter, compared to analyst estimates of $22.65 billion. During the same quarter in the prior year, the firm posted $1.54 earnings per share. The business’s quarterly 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. Analysts forecast that RTX Corporation will post 6.11 EPS for the current year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 20th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.72 annualized dividend and a yield of 1.3%. RTX’s dividend payout ratio is presently 54.84%.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX posted an earnings beat and set FY2026 guidance that implies continued earnings growth, which is the primary bullish driver supporting the stock’s strength today.
• Neutral Sentiment: Supermicro expanded its server portfolio to include NVIDIA RTX PRO Blackwell server GPUs, underscoring demand for accelerated computing in data centers (this is a sector development but only indirectly relevant to RTX Corporation). Supermicro advances enterprises’ adoption of accelerated computing
• Neutral Sentiment: Multiple consumer-focused stories report deep discounts and promotions on gaming laptops and PCs featuring “RTX” branded GPUs (HP, Lenovo, ASUS, Alienware deals). These are retail/marketing moves tied to NVIDIA’s GPU branding and generally do not affect RTX Corporation’s aerospace and defense fundamentals. Examples: PCWorld HP deal, IGN Lenovo deal
• Neutral Sentiment: Technology coverage highlights NVIDIA innovations (DLSS 5, Blackwell GPUs) and new product launches; important for semiconductor and gaming ecosystems but not directly material to RTX Corporation’s defense/aerospace cash flows. See DLSS 5 coverage: IBTimes DLSS 5
• Negative Sentiment: Market headlines noted a short-term decline in RTX shares yesterday amid profit-taking and sector rotation, which pressured the stock despite the broader market rally. News roundups describing the dip: Yahoo Finance: RTX Stock Sinks and Zacks: RTX Stock Sinks
• Negative Sentiment: Supply and pricing dynamics in the GPU market (reports of RTX 50-series shortages and price pressures) add noise to tech-sector sentiment; while not a core driver for RTX Corporation, such macro/tech headlines can feed short-term market volatility across equities. Tweaktown: MSI confirms RTX 50-series shortage

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. DZ Bank cut RTX from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 price objective on shares of RTX in a report on Thursday, March 5th. Robert W. Baird set a $225.00 price objective on shares of RTX in a research note on Wednesday, January 28th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of RTX in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $202.00.

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.