M&G PLC bought a new position in RTX Corporation (NYSE:RTX – Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 12,462 shares of the company’s stock, valued at approximately $2,081,000.
Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after purchasing an additional 3,332 shares during the period. Revolve Wealth Partners LLC lifted its holdings in RTX by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after buying an additional 159 shares during the period. United Bank boosted its position in RTX by 68.0% during the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after acquiring an additional 4,131 shares in the last quarter. Chicago Partners Investment Group LLC increased its holdings in shares of RTX by 6.6% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 11,397 shares of the company’s stock valued at $1,784,000 after acquiring an additional 707 shares during the period. Finally, Schnieders Capital Management LLC. raised its position in shares of RTX by 3.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after acquiring an additional 623 shares in the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.
RTX Stock Up 1.5%
Shares of RTX stock opened at $203.01 on Wednesday. RTX Corporation has a twelve month low of $112.27 and a twelve month high of $206.48. The stock has a market cap of $272.50 billion, a P/E ratio of 40.93, a P/E/G ratio of 2.89 and a beta of 0.43. The stock has a 50 day moving average of $191.65 and a 200 day moving average of $174.44. 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 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 dividend of $0.68 per share. The ex-dividend date is Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a yield of 1.3%. RTX’s dividend payout ratio is currently 54.84%.
Insider Activity at RTX
In other RTX news, VP Kevin G. Dasilva sold 8,136 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the completion of the transaction, the vice president directly owned 27,102 shares in the company, valued at approximately $5,455,632.60. This represents a 23.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Shane G. Eddy sold 17,527 shares of RTX stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $199.16, for a total transaction of $3,490,677.32. Additional details regarding this sale are available in the official SEC disclosure. 0.15% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on RTX shares. BNP Paribas Exane began coverage on RTX in a research report on Tuesday, November 18th. They set an “outperform” rating and a $210.00 price objective on the stock. Jefferies Financial Group reaffirmed a “hold” rating and issued a $225.00 price objective on shares of RTX in a research report on Wednesday, January 28th. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. TD Cowen reaffirmed a “buy” rating on shares of RTX in a report on Tuesday, January 27th. Finally, Wolfe Research reiterated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and a consensus target price of $199.50.
Get Our Latest Stock Report on RTX
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Analyst lift and earnings momentum — Zacks highlights RTX as a top analyst pick after a quarterly beat and cites a solid backlog and cloud/AI tailwinds for peers, reinforcing buy-side interest. The Zacks Analyst Blog
- Positive Sentiment: Defense tech contract — Raytheon (an RTX business) won an Air Force Research Lab award to develop domestic production of thin‑film lithium niobate wafers, supporting secure comms and sensing supply chains and strengthening defense-related revenue visibility. Raytheon TFLN contract
- Positive Sentiment: Product recognition in aerospace — Collins Aerospace (an RTX unit) was named a finalist for a Crystal Cabin Award for its SkyNook suite, a modest positive for commercial aerospace branding and product innovation. Collins Aerospace award
- Positive Sentiment: Wall Street support & price targets — Recent analyst upgrades and multiple buy/overweight ratings (median recent price target ~$211.50) are providing technical and sentiment support after the quarter. QuiverQuant analyst summary
- Neutral Sentiment: Many consumer “RTX” headlines refer to NVIDIA GPUs and retail PC deals, not RTX Corporation; these generate online noise but are not related to RTX’s aerospace & defense fundamentals. (Representative story) WePC GPU/PC deal
- Negative Sentiment: Insider selling and institutional rebalancing — Social and data summaries note multiple insider sales and large institutional reductions (e.g., UBS AM reported big share removals), which can pressure sentiment and create volatility despite strong fundamentals; supply‑chain timing concerns were also flagged. QuiverQuant insider/institutional activity
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.
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