RTX Corporation $RTX Stock: Sumitomo Mitsui Trust Group Inc. Reduces Position

Sumitomo Mitsui Trust Group Inc. reduced its stake in RTX Corporation (NYSE:RTX) by 2.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,773,210 shares of the company’s stock after selling 83,739 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.21% of RTX worth $514,846,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in RTX. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of RTX in the third quarter worth about $70,870,000. Northern Financial Advisors Inc boosted its position in shares of RTX by 0.9% in the third quarter. Northern Financial Advisors Inc now owns 10,506 shares of the company’s stock valued at $1,950,000 after acquiring an additional 97 shares during the period. Stevens Capital Partners purchased a new position in RTX during the third quarter valued at approximately $330,000. ProShare Advisors LLC grew its stake in RTX by 1.0% during the third quarter. ProShare Advisors LLC now owns 217,359 shares of the company’s stock valued at $40,353,000 after acquiring an additional 2,220 shares in the last quarter. Finally, Vise Technologies Inc. bought a new stake in RTX during the 3rd quarter worth approximately $14,755,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at RTX

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the sale, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.10% of the stock is owned by insiders.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Quarterly dividend maintained: RTX’s board declared a cash dividend of $0.73 per share, payable December 10, 2026, to shareholders of record on November 20. The payment equates to $2.92 annually and a yield of approximately 1.4%, reinforcing the company’s shareholder-return profile. RTX Board of Directors Declares Quarterly Cash Dividend
• Positive Sentiment: Improving fundamental outlook: Recent coverage highlights RTX’s third-quarter revenue and earnings beat, raised guidance, record backlog, and signs of recovering commercial aerospace demand. The stronger outlook has helped shares recover recently, although the stock remains below its 52-week high. RTX Could Be 14% Undervalued As Raised Guidance Lifts The Valuation Case
• Positive Sentiment: Analyst sentiment remains favorable: The average brokerage recommendation for RTX is equivalent to a Buy. While analyst ratings should be interpreted cautiously, the consensus can provide near-term support for the stock. Is It Worth Investing in RTX Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Valuation remains a consideration: RTX trades at a relatively elevated earnings multiple following its recovery, so further gains may depend on continued execution, aerospace-market improvement, and delivery against raised guidance. The dividend is supportive but modest at roughly 1.4%.

Analysts Set New Price Targets

A number of analysts recently weighed in on RTX shares. Susquehanna upped their target price on shares of RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a report on Friday, July 24th. TD Cowen cut their price target on shares of RTX from $240.00 to $225.00 and set a “buy” rating for the company in a report on Friday, October 9th. DA Davidson boosted their price target on shares of RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. UBS Group upped their price target on shares of RTX from $209.00 to $212.00 and gave the stock a “neutral” rating in a report on Wednesday, October 21st. Finally, Citigroup reiterated a “buy” rating on shares of RTX in a research report on Wednesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $228.86.

RTX Stock Performance

Shares of RTX opened at $200.09 on Friday. RTX Corporation has a 12-month low of $166.74 and a 12-month high of $226.88. The company has a current ratio of 1.05, a quick ratio of 0.81 and a debt-to-equity ratio of 0.44. The company has a market cap of $270.01 billion, a PE ratio of 32.48, a price-to-earnings-growth ratio of 2.23 and a beta of 0.31. The stock has a 50-day moving average price of $194.81 and a 200-day moving average price of $195.55.

RTX (NYSE:RTX) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.48. The company had revenue of $24.96 billion for the quarter, compared to analysts’ expectations of $24.11 billion. RTX had a net margin of 8.75% and a return on equity of 14.89%. RTX’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.70 earnings per share. As a group, equities analysts forecast that RTX Corporation will post 7.67 earnings per share for the current fiscal year.

RTX Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 20th will be issued a $0.73 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.5%. RTX’s dividend payout ratio is presently 47.40%.

RTX Company Profile

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and manufactures products and systems for commercial aviation, business aviation, military aircraft and government customers. Its portfolio includes aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, air and missile defense systems, precision weapons, radars and advanced sensors.

The company operates through three principal businesses: Collins Aerospace, which supplies aerospace systems and components; Pratt & Whitney, which designs and produces aircraft engines and related services; and Raytheon, which provides defense and intelligence technologies.