CIBC Private Wealth Group LLC Has $698.96 Million Position in RTX Corporation $RTX

CIBC Private Wealth Group LLC lessened its holdings in RTX Corporation (NYSE:RTX) by 0.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,177,124 shares of the company’s stock after selling 39,360 shares during the quarter. RTX makes up approximately 1.2% of CIBC Private Wealth Group LLC’s investment portfolio, making the stock its 11th largest position. CIBC Private Wealth Group LLC owned 0.31% of RTX worth $698,958,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in RTX. BNP Paribas bought a new position in shares of RTX during the third quarter valued at $25,000. Valley Wealth Managers Inc. bought a new stake in shares of RTX in the third quarter worth $30,000. SOA Wealth Advisors LLC. grew its stake in shares of RTX by 57.4% in the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after purchasing an additional 70 shares during the last quarter. Wexford Capital LP acquired a new stake in RTX in the third quarter valued at $33,000. Finally, Dogwood Wealth Management LLC raised its position in RTX by 57.3% during the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the last quarter. 86.50% of the stock is owned by institutional investors.

RTX Stock Down 1.3%

Shares of NYSE RTX opened at $203.32 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The firm has a market cap of $273.66 billion, a PE ratio of 40.99, a P/E/G ratio of 2.98 and a beta of 0.42. The company’s fifty day simple moving average is $200.28 and its 200 day simple moving average is $181.22. RTX Corporation has a 12-month low of $112.27 and a 12-month high of $214.50.

RTX (NYSE:RTX) last announced its quarterly earnings data 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 firm had revenue of $24.24 billion for the quarter, compared to analyst estimates of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, sell-side analysts forecast that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently declared 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. This represents a $2.72 dividend on an annualized basis 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:

• Positive Sentiment: Collins Aerospace (RTX unit) began electric motor drive system testing for the EU Clean Aviation SWITCH project — a technical milestone that supports future hybrid‑electric demonstrators and underpins commercial aerospace revenue opportunities. Read More.
• Positive Sentiment: Analysts and industry write-ups highlight accelerating missile/missile‑defense demand and Pentagon awards that should lift RTX’s defense backlog and margins over time — a key medium‑term growth driver. These bullish takes support upside to consensus forecasts. Read More.
• Positive Sentiment: Broker coverage remains constructive: recent analyst notes reiterate upside (~11% from some targets) and call out RTX as a beneficiary of aerospace/defense secular trends, providing support for the stock vs. peers. Read More.
• Neutral Sentiment: Valuation/technical analysis pieces show mixed fair‑value signals after strong multi‑month returns — helpful context for investors but not a catalyst by itself. Read More.
• Neutral Sentiment: Multiple headlines about “RTX” branded GPUs (NVIDIA’s GeForce RTX 50 series, DLSS 5, and consumer PC deals) are driving tech/gaming coverage; these refer to NVIDIA’s RTX brand and are largely unrelated to RTX Corporation, though they can create short‑term headline noise and investor confusion. Read More.
• Negative Sentiment: Market commentators flagged a price pullback/underperformance versus the broader market today, signaling short‑term profit‑taking after recent gains; such flows can pressure shares even when fundamentals remain strong. Read More.

Insiders Place Their Bets

In other RTX news, EVP Ramsaran Maharajh sold 15,124 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total value of $3,095,126.60. Following the transaction, the executive vice president owned 13,184 shares in the company, valued at approximately $2,698,105.60. This represents a 53.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Dantaya M. Williams sold 12,713 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were 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 position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 89,255 shares of company stock valued at $18,151,956. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on RTX shares. Robert W. Baird set a $225.00 target price on RTX in a report on Wednesday, January 28th. Jefferies Financial Group reissued a “hold” rating on shares of RTX in a research note on Friday, March 6th. TD Cowen restated a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. Vertical Research reaffirmed a “buy” rating and issued a $227.00 price objective on shares of RTX in a research note on Tuesday, January 27th. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average target price of $202.00.

RTX 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.