Sageworth Trust Co Has $600,000 Stake in RTX Corporation $RTX

Sageworth Trust Co lowered its stake in shares of RTX Corporation (NYSE:RTX) by 67.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,270 shares of the company’s stock after selling 6,891 shares during the period. Sageworth Trust Co’s holdings in RTX were worth $600,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in RTX. Alpha Cubed Investments LLC raised its holdings in RTX by 0.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock valued at $2,700,000 after acquiring an additional 50 shares in the last quarter. LeConte Wealth Management LLC raised its stake in shares of RTX by 2.3% in the fourth quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock valued at $412,000 after purchasing an additional 51 shares in the last quarter. Rydar Equities Inc. boosted its stake in RTX by 0.4% during the fourth quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock worth $2,480,000 after buying an additional 52 shares in the last quarter. Howard Capital Management Inc. increased its holdings in RTX by 0.4% in the 4th quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock valued at $2,263,000 after buying an additional 53 shares during the period. Finally, Purus Wealth Management LLC raised its stake in shares of RTX by 0.4% in the 4th quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock valued at $2,700,000 after buying an additional 53 shares in the last quarter. Institutional investors own 86.50% of the company’s stock.

Wall Street Analyst Weigh In

RTX has been the topic of a number of analyst reports. Erste Group Bank cut shares of RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Wolfe Research reiterated an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. Citigroup dropped their target price on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $206.59.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: AirAsia ordered 150 Airbus A220s powered by Pratt & Whitney GTF engines (Pratt & Whitney is an RTX business); the deal includes a 12‑year EngineWise maintenance agreement, securing long‑term engine and aftermarket revenue. AirAsia orders 150 Airbus A220 aircraft powered by RTX’s Pratt & Whitney GTF engines
• Positive Sentiment: Raytheon (an RTX unit) won a large order for 120 SharpSight radars from Blue Raven — the largest single order to date for the system — supporting defense revenue and backlog expansion. RTX’s Raytheon receives major order for SharpSight radars from Blue Raven
• Positive Sentiment: Analyst/market interest and shareholder returns: RTX was named among top large‑cap defense stocks by hedge funds and recently raised its quarterly dividend to $0.73, signaling shareholder‑friendly cash flow. That supports investor demand for the shares. RTX Corporation (RTX): One of the Best Large Cap Defense Stocks to Buy According to Hedge Funds
• Positive Sentiment: High‑profile endorsement: Jim Cramer publicly called RTX a “monster” buy, which can attract retail inflows and short‑term positive sentiment. Jim Cramer calls RTX a ‘monster’ buy despite selloff
• Neutral Sentiment: Multiple consumer tech headlines reference “RTX” GPUs (Nvidia brand) — product reviews, price drops and supply shifts — but these are about Nvidia’s GPUs and generally don’t affect RTX Corporation’s defense/engine business other than potential headline noise. Example: RTX 5070 Ti vs 3070 Ti coverage. GeForce RTX 5070 Ti vs RTX 3070 Ti: Is the 2-Gen Upgrade Worth it Today?
• Negative Sentiment: Backlog growth and execution questions: RTX reported a record ~$271B backlog (up ~25% YoY) — while that signals long‑term demand it also raises investor questions about delivery schedules, working capital and production scaling for Pratt & Whitney, Raytheon and munitions, creating near‑term uncertainty. RTX Backlog And Missile Defense Role Raise Longer Term Investor Questions

RTX Price Performance

NYSE:RTX opened at $176.93 on Thursday. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The firm has a market cap of $238.27 billion, a PE ratio of 33.20, a price-to-earnings-growth ratio of 2.45 and a beta of 0.31. RTX Corporation has a 12 month low of $126.03 and a 12 month high of $214.50. The company’s 50-day moving average price is $195.52 and its two-hundred day moving average price is $188.60.

RTX (NYSE:RTX) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The company had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same quarter last year, the business posted $1.47 earnings per share. The company’s revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts anticipate that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be issued a $0.73 dividend. This is an increase from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, May 22nd. RTX’s dividend payout ratio (DPR) is currently 51.03%.

Insider Transactions at RTX

In other news, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the transaction, the executive vice president directly owned 16,749 shares in the company, valued at $3,397,199.67. This trade represents a 43.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the completion of the sale, the executive vice president owned 59,556 shares of the company’s stock, valued at $12,242,331.36. This represents a 37.51% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 89,255 shares of company stock valued at $18,151,956. 0.10% of the stock is currently owned by company insiders.

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.