PNC Financial Services Group Inc. Boosts Stake in RTX Corporation $RTX

PNC Financial Services Group Inc. increased its holdings in shares of RTX Corporation (NYSE:RTX) by 21.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,941,792 shares of the company’s stock after acquiring an additional 522,167 shares during the quarter. PNC Financial Services Group Inc. owned about 0.22% of RTX worth $492,250,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Brighton Jones LLC grew its holdings in RTX by 24.3% in the 4th 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 boosted its position in shares of RTX by 3.4% during 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. AssuredPartners Investment Advisors LLC grew its holdings in shares of RTX by 8.5% in the second quarter. AssuredPartners Investment Advisors LLC now owns 2,751 shares of the company’s stock valued at $402,000 after purchasing an additional 216 shares during the period. Kanawha Capital Management LLC increased its position in RTX by 0.6% during the second quarter. Kanawha Capital Management LLC now owns 173,475 shares of the company’s stock worth $25,331,000 after purchasing an additional 1,077 shares during the last quarter. Finally, Huntleigh Advisors Inc. raised its stake in RTX by 3.1% during the second quarter. Huntleigh Advisors Inc. now owns 28,977 shares of the company’s stock worth $4,231,000 after purchasing an additional 866 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Operational/contract news — RTX reportedly demonstrated systems that downed drone swarms during Army trials, a clear commercial/technical win for its defense business that could support future contracts and backlog. Read More.
• Positive Sentiment: Fundamentals reminder — institutional commentary highlights improved revenue and earnings growth for RTX, reinforcing the company’s recent beat and FY26 guidance (6.60–6.80 EPS) that underpin longer‑term valuation. Read More.
• Neutral Sentiment: Market noise from consumer GPU headlines — multiple tech/gaming stories about “RTX” GPUs (reviews, deals, even isolated product failures) refer to Nvidia’s RTX GPU brand, not RTX Corporation; expect short‑term headline noise but no direct impact on RTX’s aerospace & defense fundamentals. Example: GPU reviews and deals. Read More.
• Negative Sentiment: Insider selling — VP Kevin G. Dasilva sold 8,136 shares at ~$201.30 (≈$1.64M), reducing his holding by ~23%. SEC filing: Read More.
• Negative Sentiment: Insider selling — Shane G. Eddy sold 17,527 shares at ~$199.16 (~$3.49M). Large insider sales like these can pressure near‑term sentiment even if they’re for personal reasons; SEC filing: Read More.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Morgan Stanley restated an “overweight” rating and set a $235.00 price target on shares of RTX in a report on Wednesday, January 28th. JPMorgan Chase & Co. raised their target price on RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Susquehanna reaffirmed a “positive” rating and issued a $230.00 price target on shares of RTX in a research note on Thursday, January 15th. DZ Bank downgraded RTX from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. Finally, Vertical Research reaffirmed a “buy” rating and issued a $227.00 target price on shares of RTX in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $199.50.

Insider Buying and Selling at RTX

In other RTX news, 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 value of $1,637,776.80. Following the completion of the transaction, the vice president owned 27,102 shares in the company, valued at $5,455,632.60. The trade was a 23.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Shane G. Eddy sold 17,527 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. The SEC filing for this sale provides additional information. Insiders own 0.15% of the company’s stock.

RTX Price Performance

RTX opened at $199.90 on Friday. The stock’s 50-day moving average price is $190.46 and its 200 day moving average price is $173.71. RTX Corporation has a 12-month low of $112.27 and a 12-month high of $206.48. The firm has a market cap of $268.33 billion, a price-to-earnings ratio of 40.30, a PEG ratio of 2.89 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 (NYSE:RTX) 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 during the quarter, compared to the consensus estimate of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.RTX’s revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, sell-side analysts expect that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Announces Dividend

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

RTX Company Profile

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.