RTX Corporation $RTX Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC increased its stake in RTX Corporation (NYSE:RTXFree Report) by 147.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,128 shares of the company’s stock after acquiring an additional 81,092 shares during the period. Intech Investment Management LLC’s holdings in RTX were worth $22,778,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in RTX by 24.3% during the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after buying an additional 3,332 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in RTX by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after acquiring an additional 159 shares during the last quarter. United Bank boosted its position in shares of RTX by 68.0% during the 2nd 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 in the last quarter. Schnieders Capital Management LLC. grew its stake in shares of RTX by 3.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after purchasing an additional 623 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of RTX by 2.1% in the 2nd quarter. Bessemer Group Inc. now owns 48,617 shares of the company’s stock worth $7,100,000 after purchasing an additional 993 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on RTX shares. BNP Paribas Exane started coverage on shares of RTX in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price target on the stock. Robert W. Baird set a $225.00 price objective on RTX in a research note on Wednesday, January 28th. Vertical Research reaffirmed a “buy” rating and set a $227.00 target price on shares of RTX in a research report on Tuesday, January 27th. Weiss Ratings reiterated a “buy (b-)” rating on shares of RTX in a research report on Monday, December 29th. Finally, Jefferies Financial Group restated a “hold” rating and set a $225.00 price objective on shares of RTX in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $199.50.

Get Our Latest Analysis on RTX

RTX Stock Down 1.2%

NYSE:RTX opened at $196.13 on Thursday. The business’s fifty day moving average price is $194.48 and its 200 day moving average price is $176.24. The firm has a market capitalization of $263.26 billion, a price-to-earnings ratio of 39.54, a PEG ratio of 2.87 and a beta of 0.43. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $206.73.

RTX (NYSE:RTXGet Free Report) last released its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.08. The company had revenue of $24.24 billion for the quarter, compared to analysts’ expectations of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The business’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, sell-side analysts forecast that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 20th will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, February 20th. RTX’s dividend payout ratio is currently 54.84%.

Insider Transactions at RTX

In other news, VP Kevin G. Dasilva sold 8,136 shares of the company’s stock in a transaction 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 transaction, the vice president directly owned 27,102 shares of the company’s stock, valued at approximately $5,455,632.60. This represents a 23.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction on Monday, February 23rd. The stock was 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 approximately $3,397,199.67. This represents 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 quarter, insiders have sold 89,255 shares of company stock worth $18,151,956. 0.15% of the stock is owned by company insiders.

RTX News Summary

Here are the key news stories impacting RTX this week:

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.

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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