Vinva Investment Management Ltd Decreases Holdings in RTX Corporation $RTX

Vinva Investment Management Ltd trimmed its holdings in shares of RTX Corporation (NYSE:RTXFree Report) by 60.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,417 shares of the company’s stock after selling 28,013 shares during the period. Vinva Investment Management Ltd’s holdings in RTX were worth $3,014,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of RTX by 24.3% during the 4th 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 stake in RTX by 3.4% in 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 during the last quarter. United Bank grew its holdings in 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 during the period. Schnieders Capital Management LLC. grew its holdings in 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 during the period. Finally, Fox Run Management L.L.C. purchased a new stake in RTX in the second quarter worth $836,000. Institutional investors own 86.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on RTX shares. JPMorgan Chase & Co. upped their price target on RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. DZ Bank lowered RTX from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. BNP Paribas Exane initiated coverage on RTX in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price objective on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 target price on shares of RTX in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and an average price target of $202.00.

Check Out Our Latest Analysis on RTX

Insider Transactions at RTX

In other RTX news, VP Kevin G. Dasilva sold 8,136 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $201.30, for a total value of $1,637,776.80. Following the sale, the vice president directly owned 27,102 shares in the company, valued at $5,455,632.60. This represents a 23.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction of $2,578,577.79. Following the completion of the transaction, the executive vice president directly owned 16,749 shares of the company’s stock, valued at approximately $3,397,199.67. The trade was a 43.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 89,255 shares of company stock valued at $18,151,956. Company insiders own 0.15% of the company’s stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

RTX Price Performance

RTX stock opened at $208.21 on Tuesday. The firm has a market capitalization of $279.47 billion, a P/E ratio of 41.98, a PEG ratio of 3.03 and a beta of 0.42. RTX Corporation has a one year low of $112.27 and a one year high of $214.50. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The business has a fifty day moving average price of $198.00 and a 200-day moving average price of $179.25.

RTX (NYSE:RTXGet Free Report) last released its quarterly earnings data 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. The company had revenue of $24.24 billion for the quarter, compared to analyst estimates of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, equities research analysts forecast that RTX Corporation will post 6.11 EPS for the current year.

RTX Dividend Announcement

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

RTX Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTXFree Report).

Institutional Ownership by Quarter for RTX (NYSE:RTX)

Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.