Xponance Inc. Trims Stock Position in RTX Corporation $RTX

Xponance Inc. decreased its stake in RTX Corporation (NYSE:RTX) by 4.9% during the third quarter, Holdings Channel reports. The institutional investor owned 178,171 shares of the company’s stock after selling 9,116 shares during the quarter. Xponance Inc.’s holdings in RTX were worth $29,813,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. LFA Lugano Financial Advisors SA acquired a new stake in shares of RTX during the 2nd quarter worth approximately $29,000. Valley Wealth Managers Inc. purchased a new position in RTX in the third quarter valued at $30,000. Access Investment Management LLC acquired a new position in shares of RTX in the second quarter worth about $31,000. SOA Wealth Advisors LLC. boosted its stake in shares of RTX by 57.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after acquiring an additional 70 shares in the last quarter. Finally, Dogwood Wealth Management LLC grew its position in shares of RTX by 57.3% during the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other RTX news, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the completion of the sale, the vice president directly owned 27,102 shares of the company’s stock, valued at $5,455,632.60. The trade was a 23.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction dated 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 completion of the transaction, the executive vice president owned 16,749 shares in the company, valued at approximately $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 sold 89,255 shares of company stock valued at $18,151,956 over the last 90 days. 0.15% of the stock is currently owned by corporate insiders.

RTX Stock Performance

Shares of RTX opened at $197.53 on Friday. RTX Corporation has a 1 year low of $112.27 and a 1 year high of $206.73. The stock has a market capitalization of $265.14 billion, a PE ratio of 39.82, a PEG ratio of 2.83 and a beta of 0.43. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. The stock has a 50-day simple moving average of $194.87 and a 200-day simple moving average of $176.39.

RTX (NYSE:RTX) last issued its earnings results 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. RTX had a net margin of 7.60% and a return on equity of 13.08%. The firm had revenue of $24.24 billion for the quarter, compared to analysts’ expectations of $22.65 billion. During the same quarter last year, the company earned $1.54 earnings per share. The firm’s 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. On average, analysts predict that RTX Corporation will post 6.11 earnings per share 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 1.4%. The ex-dividend date of this dividend is Friday, February 20th. RTX’s dividend payout ratio is 54.84%.

Analyst Ratings Changes

RTX has been the topic of several research analyst reports. Sanford C. Bernstein reissued a “market perform” rating and issued a $204.00 price objective on shares of RTX in a report on Thursday, January 29th. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. BNP Paribas Exane initiated coverage on RTX in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 target price for the company. Susquehanna reissued a “positive” rating and set a $230.00 price target on shares of RTX in a research report on Thursday, January 15th. Finally, Vertical Research restated a “buy” rating and set a $227.00 price objective on shares of RTX in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $199.50.

About RTX

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.