RTX Corporation $RTX Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in RTX Corporation (NYSE:RTXFree Report) by 37.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 2,649,335 shares of the company’s stock after acquiring an additional 722,030 shares during the period. RTX makes up about 0.7% of MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings, making the stock its 18th largest holding. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.20% of RTX worth $443,313,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in RTX in the second quarter valued at about $2,359,602,000. Laurel Wealth Advisors LLC increased its position in shares of RTX by 14,974.7% during the second quarter. Laurel Wealth Advisors LLC now owns 3,598,943 shares of the company’s stock valued at $525,518,000 after acquiring an additional 3,575,069 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of RTX by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock valued at $17,825,353,000 after acquiring an additional 2,238,247 shares during the period. California Public Employees Retirement System raised its stake in shares of RTX by 27.5% in the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock valued at $802,640,000 after acquiring an additional 1,034,456 shares during the period. Finally, Legal & General Group Plc lifted its holdings in shares of RTX by 13.4% in the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock worth $1,199,338,000 after acquiring an additional 846,656 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on RTX. DZ Bank cut shares of RTX from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. Citigroup upped their price target on RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Robert W. Baird set a $225.00 price target on RTX in a research report on Wednesday, January 28th. Royal Bank Of Canada lifted their price objective on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. Finally, Wolfe Research reiterated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus price target of $202.00.

Get Our Latest Stock Report on RTX

Insider Buying and Selling

In other news, EVP Dantaya M. Williams sold 12,713 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was 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 approximately $3,397,199.67. This represents a 43.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Kevin G. Dasilva sold 8,136 shares of the stock in a transaction dated 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 approximately $5,455,632.60. The trade was a 23.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 89,255 shares of company stock valued at $18,151,956 over the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

RTX Stock Up 0.8%

Shares of RTX stock opened at $206.10 on Tuesday. 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 Corporation has a 52-week low of $112.27 and a 52-week high of $214.50. The company has a market capitalization of $277.40 billion, a P/E ratio of 41.55, a P/E/G ratio of 2.96 and a beta of 0.42. The company has a 50 day moving average of $200.02 and a 200 day moving average of $180.91.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The company had revenue of $24.24 billion for the quarter, compared to the consensus estimate of $22.65 billion. During the same period in the prior year, the firm posted $1.54 EPS. The company’s quarterly 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. As a group, research analysts forecast that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 20th will be issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, February 20th. RTX’s dividend payout ratio is 54.84%.

Key RTX News

Here are the key news stories impacting RTX this week:

About RTX

(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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