Sagespring Wealth Partners LLC increased its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 6.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,100 shares of the company’s stock after purchasing an additional 2,816 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in RTX were worth $9,188,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. BNP Paribas purchased a new position in RTX during the 3rd quarter worth $25,000. Valley Wealth Managers Inc. acquired a new stake in shares of RTX in the 3rd quarter worth $30,000. SOA Wealth Advisors LLC. boosted its holdings in shares of RTX by 57.4% in the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock valued at $32,000 after acquiring an additional 70 shares in the last quarter. Wexford Capital LP purchased a new stake in shares of RTX in the third quarter valued at about $33,000. Finally, Dogwood Wealth Management LLC increased its stake in shares of 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 acquiring an additional 75 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.
RTX Stock Down 1.4%
RTX stock opened at $198.02 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. The company’s 50-day moving average price is $201.11 and its 200 day moving average price is $181.79. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $214.50. The company has a market cap of $266.53 billion, a P/E ratio of 39.92, a P/E/G ratio of 2.91 and a beta of 0.42.
RTX Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, February 20th were paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, February 20th. RTX’s dividend payout ratio (DPR) is presently 54.84%.
Analysts Set New Price Targets
A number of equities research analysts recently commented on the stock. TD Cowen restated a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 target price on shares of RTX in a research report on Thursday, March 5th. Jefferies Financial Group reissued a “hold” rating on shares of RTX in a research note on Friday, March 6th. Vertical Research reissued a “buy” rating and issued a $227.00 price target on shares of RTX in a report on Tuesday, January 27th. Finally, JPMorgan Chase & Co. upped 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. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, RTX currently has a consensus rating of “Moderate Buy” and an average price target of $202.00.
Read Our Latest Stock Report on RTX
RTX News Summary
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Regional military incident (F‑35) underscores near‑term demand for avionics, mission systems and spare parts that RTX supplies, which can boost revenue visibility for defense contractors. Iran Claims Strike on U.S. F-35
- Positive Sentiment: Pentagon seeks a roughly $200 billion supplemental tied to the Iran conflict — if approved, this would be a meaningful multi‑year tailwind for prime contractors like RTX through higher procurement and sustainment spending. Pentagon Seeks $200 Billion for Iran War
- Neutral Sentiment: Analysts and commentators are debating whether RTX’s ~52% one‑year gain already prices in future growth — valuation scrutiny could limit upside until guidance/earnings clarity arrives. Is RTX Still Attractive After A 52% One Year Share Price Gain?
- Neutral Sentiment: Sector Q4 recaps and peer benchmarking highlight solid top‑line performance for RTX but also show mixed margins across peers — useful context for near‑term stock reactions to quarterly data. Defense Contractors Stocks Q4 Recap
- Neutral Sentiment: Several consumer headlines referencing “RTX” GPUs and laptop deals (NVIDIA GeForce RTX branding) are unrelated to RTX Corporation (the aerospace/defense company) and are unlikely to affect RTX stock fundamentals. Factory Reconditioned MSI GeForce RTX 5070 Ti Graphics Cards
- Negative Sentiment: Shares dipped after reports that an Airbus engine dispute could lead to an unspecified damages decision — legal or contract exposure tied to large OEMs can pressure defense primes via costs, delays or reputational risk. RTX Stock Dives as Airbus Engine Row Could Lead to ‘Unspecified Damages’ Decision
Insider Activity
In other news, VP Kevin G. Dasilva sold 8,136 shares of the firm’s stock in a transaction on 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 completion of the transaction, the vice president owned 27,102 shares in the company, valued at $5,455,632.60. This trade represents a 23.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 15,124 shares of RTX stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total value of $3,095,126.60. Following the transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,698,105.60. This trade represents a 53.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 89,255 shares of company stock valued at $18,151,956 in the last 90 days. Insiders own 0.10% of the company’s stock.
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.
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