Mackenzie Financial Corp raised its position in RTX Corporation (NYSE:RTX – Free Report) by 20.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 890,378 shares of the company’s stock after acquiring an additional 153,553 shares during the quarter. Mackenzie Financial Corp’s holdings in RTX were worth $148,987,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of RTX. Valley Wealth Managers Inc. purchased a new position in RTX during the 3rd quarter valued at about $30,000. SOA Wealth Advisors LLC. grew its position in shares of RTX by 57.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after buying an additional 70 shares during the last quarter. 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 valued at $34,000 after buying an additional 75 shares during the period. Clayton Financial Group LLC bought a new position in shares of RTX during the third quarter valued at approximately $36,000. Finally, Halbert Hargrove Global Advisors LLC raised its holdings in shares of RTX by 194.5% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 215 shares of the company’s stock valued at $36,000 after acquiring an additional 142 shares in the last quarter. 86.50% of the stock is owned by institutional investors.
RTX Price Performance
RTX opened at $207.21 on Thursday. 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 has a market cap of $278.14 billion, a price-to-earnings ratio of 41.78, a price-to-earnings-growth ratio of 3.00 and a beta of 0.42. The stock has a fifty day simple moving average of $198.93 and a two-hundred day simple moving average of $179.80. RTX Corporation has a 12-month low of $112.27 and a 12-month high of $214.50.
RTX Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 20th will be paid a dividend of $0.68 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.72 annualized dividend and a yield of 1.3%. RTX’s payout ratio is presently 54.84%.
RTX News Summary
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Selected for Pentagon-backed rare-earths rebuilding projects and linked to supply-chain resilience efforts that reduce dependence on China; Pratt & Whitney also won follow-on work for compact turbojet engines — those items increase RTX’s exposure to funded defense priorities and secure near-term revenue. Article Title
- Positive Sentiment: Pratt & Whitney awarded a follow-on contract to supply TJ150 engines for Leidos’ small cruise missile (AGM-190A), a concrete program win that supports aftermarket and production revenue at a key RTX business unit. Article Title
- Positive Sentiment: Analyst pieces and screeners highlight RTX’s strong 1‑year performance, rising earnings expectations and investment in production (rare earths, engines), reinforcing buy-side interest in the stock. Article Title
- Neutral Sentiment: Geopolitical developments (U.S.-Iran tensions) remain a demand driver for defense spending but are unpredictable; comments from political leaders add volatility rather than clear upside. Article Title
- Neutral Sentiment: Many headlines referencing “RTX” (DLSS 4.5, RTX Mega Geometry, Witcher 4 visuals, GPU leaks) refer to NVIDIA’s RTX GPU branding and gaming tech — not RTX Corporation (the aerospace & defense company). These items create search/noise but don’t affect RTX Corp’s fundamentals. Article Title
- Negative Sentiment: Coverage noting that defense stocks have not rallied despite the Iran conflict (Barron’s) highlights that market reaction can lag defense budget fundamentals — a reminder that geopolitical headlines do not always translate into immediate stock gains. Article Title
Insiders Place Their Bets
In other RTX news, insider Shane G. Eddy sold 17,527 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total transaction of $3,490,677.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Ramsaran Maharajh sold 15,124 shares of RTX stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the transaction, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,698,105.60. The trade was a 53.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 89,255 shares of company stock valued at $18,151,956. Insiders own 0.15% of the company’s stock.
Analyst Upgrades and Downgrades
RTX has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their price target on shares of RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. Citigroup upped their price objective on shares of RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Robert W. Baird set a $225.00 target price on shares of RTX in a research report on Wednesday, January 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of RTX in a research report on Monday, December 29th. Finally, Susquehanna reissued a “positive” rating and issued a $230.00 price target on shares of RTX in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.00.
Check Out Our Latest Stock Report on RTX
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.
Read More
- Five stocks we like better than RTX
- “This AI Giant is About to Go Bust”
- Is Trump Done? Shocking leak…
- I tried out Elon Musk’s new AI tech — it floored me
- “I just bought 10,000 shares of a $5 stock…”
- What a Former CIA Agent Knows About the Coming Collapse
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).
Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.
