HighTower Advisors LLC Has $357.56 Million Holdings in RTX Corporation $RTX

HighTower Advisors LLC lessened its stake in shares of RTX Corporation (NYSE:RTX) by 3.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,949,616 shares of the company’s stock after selling 75,569 shares during the period. HighTower Advisors LLC’s holdings in RTX were worth $357,560,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Alpha Cubed Investments LLC boosted its position in RTX by 0.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after purchasing an additional 50 shares during the period. LeConte Wealth Management LLC grew its holdings in RTX by 2.3% during 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 during the last quarter. Rydar Equities Inc. raised its position in shares of RTX by 0.4% in the fourth quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock valued at $2,480,000 after purchasing an additional 52 shares during the period. Howard Capital Management Inc. lifted its stake in shares of RTX by 0.4% in the fourth quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock worth $2,263,000 after buying an additional 53 shares during the last quarter. Finally, Purus Wealth Management LLC lifted its stake in shares of RTX by 0.4% in the fourth quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock worth $2,700,000 after buying an additional 53 shares during the last quarter. 86.50% of the stock is owned by institutional investors.

Insider Buying and Selling

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was 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 in the company, valued at approximately $12,242,331.36. This trade represents a 37.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dantaya M. Williams sold 12,713 shares of RTX stock in a transaction that occurred 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 sale, the executive vice president directly owned 16,749 shares in the company, valued at $3,397,199.67. The trade was a 43.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 63,592 shares of company stock valued at $13,023,502 over the last three months. 0.10% of the stock is owned by corporate insiders.

RTX Trading Up 2.8%

Shares of RTX stock opened at $175.93 on Tuesday. The firm has a market capitalization of $236.93 billion, a P/E ratio of 33.01, a price-to-earnings-growth ratio of 2.43 and a beta of 0.31. RTX Corporation has a 1 year low of $130.90 and a 1 year high of $214.50. The firm’s fifty day simple moving average is $191.23 and its 200 day simple moving average is $188.79. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48.

RTX (NYSE:RTX) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same period in the prior year, the firm earned $1.47 EPS. The business’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. As a group, sell-side analysts predict that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.7%. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Friday, May 22nd. RTX’s dividend payout ratio (DPR) is 51.03%.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon completed the preliminary design review for NASA’s Landsat Next Instrument Suite, advancing a space-sensor program that could support environmental, climate, and agricultural monitoring while reinforcing RTX’s position in government space work. RTX Expands Sensor And Software Role With Landsat Next And Naval Radar
• Positive Sentiment: RTX also won a U.S. Navy contract to further develop software-defined radar capabilities, adding to its defense backlog and highlighting demand for its next-generation naval sensing technology. RTX’s Raytheon awarded contract to further develop next-generation software-defined radar capability
• Positive Sentiment: Raytheon’s Landsat Next design-review completion and radar-software award together suggest steady execution in two core growth areas: aerospace/space systems and advanced defense electronics. RTX’s Raytheon completes design review of Landsat Next space instruments
• Neutral Sentiment: Several unrelated articles mentioning “RTX” refer to Nvidia gaming GPUs and consumer PCs, which are not connected to RTX Corporation and are unlikely to affect the stock.
• Neutral Sentiment: A market-ideas piece suggesting defense stocks could benefit from the 2026 midterms may add some sector optimism, but it is not specific to RTX’s operating results. These Stocks Could Be the Biggest Winners of the 2026 Midterms (RTX)

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada raised their target price on shares of RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. Citigroup cut their target price on shares of RTX from $238.00 to $226.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. UBS Group lowered their price target on RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. Finally, Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $210.75.

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.