Primecap Management Co. CA Reduces Position in RTX Corporation $RTX

Primecap Management Co. CA trimmed its stake in RTX Corporation (NYSE:RTX) by 1.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 377,362 shares of the company’s stock after selling 7,070 shares during the period. Primecap Management Co. CA’s holdings in RTX were worth $63,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. State Street Corp raised its position in shares of RTX by 0.5% during the 2nd quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after purchasing an additional 552,009 shares during the period. State Board of Administration of Florida Retirement System increased its stake in RTX by 1.2% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock worth $192,333,000 after buying an additional 16,034 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in RTX by 10.6% during the third quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock valued at $28,648,000 after acquiring an additional 16,467 shares during the period. Rockland Trust Co. lifted its position in shares of RTX by 121.1% in the third quarter. Rockland Trust Co. now owns 20,245 shares of the company’s stock valued at $3,388,000 after acquiring an additional 11,089 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of RTX by 2.0% in the third quarter. Principal Financial Group Inc. now owns 1,693,324 shares of the company’s stock worth $283,344,000 after acquiring an additional 33,395 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

RTX Price Performance

RTX stock opened at $197.53 on Friday. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $206.73. The firm has a market capitalization of $265.14 billion, a P/E ratio of 39.82, a price-to-earnings-growth ratio of 2.83 and a beta of 0.43. The company has a fifty day simple moving average of $194.87 and a two-hundred day simple moving average of $176.39. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The firm had revenue of $24.24 billion for the quarter, compared to analysts’ expectations of $22.65 billion. During the same period in the prior year, the company earned $1.54 EPS. The business’s revenue was up 12.1% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Analysts anticipate that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Dividend Announcement

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

Insider Transactions at RTX

In other RTX news, EVP Dantaya M. Williams sold 12,713 shares of RTX 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 $3,397,199.67. The trade was a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Kevin G. Dasilva sold 8,136 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following 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 position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 89,255 shares of company stock worth $18,151,956. 0.15% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 14th. Weiss Ratings reissued a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. TD Cowen reaffirmed a “buy” rating on shares of RTX in a research note on Tuesday, January 27th. BNP Paribas Exane assumed coverage on shares of RTX in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price target on the stock. Finally, Morgan Stanley restated an “overweight” rating and set a $235.00 price objective on shares of RTX in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $199.50.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX won a DARPA XENA contract through its BBN Technologies unit to develop kilometer‑range X‑ray situational‑awareness tools — a technology win that supports future defense R&D revenue and strengthens RTX’s positioning in advanced sensing. DARPA taps RTX to advance kilometer-range X-ray vision
• Positive Sentiment: Raytheon ELCAN (an RTX business) secured a production contract to deliver customised Specter® DR sights to the German Armed Forces, expanding RTX’s presence in European defense modernization programs and adding near‑term production revenue. RTX’s Raytheon ELCAN selected to deliver customised Specter® DR sights for German Armed Forces
• Neutral Sentiment: RTX’s recent quarterly results showed an EPS beat and management set FY‑2026 guidance of $6.60–$6.80, which underpins valuation — already reflected in the stock’s premium multiples and recent outperformance versus the Nasdaq. (Background company release and market data)
• Neutral Sentiment: Analysts are comparing RTX and Boeing on defense exposure, backlog and balance‑sheet strength — these cross‑stock valuation debates can sway short‑term flows but don’t change RTX’s contract pipeline. Boeing vs. RTX: Which Defense Stock Offers Better Value in 2026?
• Neutral Sentiment: Industry headlines about NVIDIA’s “GeForce RTX” products (GPU shortages, driver rollbacks, sales/promotions, hardware failures) are unrelated to RTX Corporation’s business and should be treated as separate market noise. (Examples: NVIDIA shortage and revenue pieces)
• Negative Sentiment: Insider selling was reported (executive share disposals), which can create short‑term selling pressure or signal liquidity needs despite company fundamentals. Neil Mitchill, Jr. Sells 35,755 Shares of RTX Ramsaran Maharajh Sells 15,124 Shares of RTX
• Negative Sentiment: Some analysts highlight that the stock has cooled since the last earnings report and note valuation risks — these viewpoints can weigh on sentiment and trigger profit‑taking. Why Is RTX (RTX) Down 1.7% Since Last Earnings Report?

About RTX

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.