M Holdings Securities Inc. bought a new stake in RTX Corporation (NYSE:RTX – Free Report) in the 3rd quarter, Holdings Channel.com reports. The fund bought 12,990 shares of the company’s stock, valued at approximately $2,565,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in RTX during the second quarter worth about $20,970,571,000. State Street Corp boosted its holdings in RTX by 3.1% in the 2nd quarter. State Street Corp now owns 95,417,318 shares of the company’s stock worth $18,103,528,000 after acquiring an additional 2,828,056 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in RTX by 5.0% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock worth $1,649,501,000 after acquiring an additional 411,356 shares during the period. Dimensional Fund Advisors LP grew its position in RTX by 1.3% in the first quarter. Dimensional Fund Advisors LP now owns 7,649,112 shares of the company’s stock valued at $1,475,296,000 after acquiring an additional 95,726 shares in the last quarter. Finally, Amundi grew its position in RTX by 4.0% in the second quarter. Amundi now owns 7,768,207 shares of the company’s stock valued at $1,473,862,000 after acquiring an additional 295,964 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other RTX news, EVP Dantaya Williams sold 9,071 shares of the stock in a transaction on Friday, October 30th. The stock was sold at an average price of $201.70, for a total value of $1,829,620.70. Following the sale, the executive vice president directly owned 16,930 shares of the company’s stock, valued at $3,414,781. This trade represents a 34.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the sale, the executive vice president directly 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 SEC filing for this sale provides additional information. 0.10% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on RTX
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: A report highlights RTX’s substantial order base and investment in expanding production capacity. It cites a $340 billion backlog, third-quarter sales of about $25 billion, and a higher 2026 free-cash-flow outlook of $9 billion to $9.2 billion. These figures suggest demand could support growth, though execution and contract economics remain important. America’s Military Rebuild Starts With a Manufacturing Problem
- Positive Sentiment: Defense-industry earnings point to continuing demand for conventional weapons as well as drones and advanced defense systems. That broader rearmament trend could benefit RTX, which supplies air-defense systems and related equipment, although the report does not discuss RTX specifically. Tanks or drones? Defense earnings reveal a more complicated rearmament boom
- Negative Sentiment: Political uncertainty is pressuring defense-sector shares: a report says the midterm election results put a proposed $1.5 trillion defense spending request in doubt. If spending plans stall or shrink, investors may reassess future growth for contractors such as RTX. Defense Stocks Sank as Democrats Took Congress and the $1.5 Trillion Budget Looks Doomed
- Negative Sentiment: One report attributed RTX share weakness to insider selling, which can concern investors about near-term sentiment. The provided article details do not specify the seller or the size of the insider transaction. RTX Shares Down 2.7% After Insider Selling
- Negative Sentiment: ETFs sold about $39 million of RTX shares on Nov. 4. This may add near-term selling pressure, though ETF flows alone do not indicate a change in the company’s fundamentals. RTX Sees $39.0 Million in Net ETF Selling
RTX Stock Up 0.0%
NYSE:RTX opened at $189.59 on Monday. The company has a market capitalization of $255.84 billion, a price-to-earnings ratio of 30.78, a price-to-earnings-growth ratio of 2.11 and a beta of 0.30. The stock has a 50-day simple moving average of $193.46 and a 200 day simple moving average of $195.52. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.81 and a current ratio of 1.05. RTX Corporation has a one year low of $166.74 and a one year high of $226.88.
RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. RTX had a return on equity of 14.89% and a net margin of 8.75%. The business had revenue of $24.96 billion during the quarter, compared to the consensus estimate of $24.11 billion. During the same period in the previous year, the business earned $1.70 EPS. The business’s quarterly revenue was up 11.1% on a year-over-year basis. Sell-side analysts predict that RTX Corporation will post 7.68 EPS for the current fiscal year.
RTX Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 20th will be issued a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a $2.92 annualized dividend and a dividend yield of 1.5%. RTX’s dividend payout ratio is 47.40%.
RTX Company Profile
RTX Corporation is an aerospace and defense company whose businesses include Collins Aerospace, Pratt & Whitney and Raytheon. The company serves commercial aviation, military and government customers around the world.
Collins Aerospace develops aircraft systems and components, including avionics, communications, flight controls and cabin equipment. Pratt & Whitney designs and manufactures aircraft engines and provides related maintenance services. Raytheon develops defense systems and technologies, including air and missile defense, sensors and precision weapons.
RTX was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation.
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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:RTX – Free Report).
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