M&T Bank Corp Sells 26,267 Shares of RTX Corporation $RTX

M&T Bank Corp decreased its stake in shares of RTX Corporation (NYSE:RTX) by 4.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 528,924 shares of the company’s stock after selling 26,267 shares during the period. M&T Bank Corp’s holdings in RTX were worth $88,505,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Marathon Capital Management raised its stake in shares of RTX by 11.9% in the third quarter. Marathon Capital Management now owns 4,955 shares of the company’s stock worth $829,000 after acquiring an additional 526 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its position in shares of RTX by 17.2% during the third quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 3,540 shares of the company’s stock worth $592,000 after purchasing an additional 520 shares in the last quarter. iSAM Funds UK Ltd acquired a new position in shares of RTX during the third quarter worth approximately $1,071,000. South Street Advisors LLC grew its stake in shares of RTX by 3.1% during the third quarter. South Street Advisors LLC now owns 81,289 shares of the company’s stock valued at $13,602,000 after purchasing an additional 2,473 shares during the last quarter. Finally, von Borstel & Associates Inc. acquired a new stake in shares of RTX in the third quarter valued at approximately $308,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Stock Up 0.7%

NYSE:RTX opened at $204.54 on Friday. RTX Corporation has a 12-month low of $112.27 and a 12-month high of $214.50. 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 capitalization of $275.30 billion, a P/E ratio of 41.24, a P/E/G ratio of 2.94 and a beta of 0.42. The stock’s fifty day simple moving average is $199.67 and its 200-day simple moving average is $180.30.

RTX (NYSE:RTX) last released its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. RTX had a return on equity of 13.08% and a net margin of 7.60%.The business had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. During the same quarter in the prior year, the company posted $1.54 earnings per share. The firm’s revenue was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities research analysts expect that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Announces Dividend

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 given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, February 20th. RTX’s dividend payout ratio (DPR) is currently 54.84%.

Insiders Place Their Bets

In related news, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction that occurred 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 transaction, the vice president owned 27,102 shares of the company’s stock, valued at $5,455,632.60. This trade represents a 23.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the transaction, the executive vice president owned 59,556 shares of the company’s stock, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 89,255 shares of company stock worth $18,151,956 over the last ninety days. Company insiders own 0.15% of the company’s stock.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q4 results and FY26 guide support valuation — RTX reported a quarterly EPS beat and set FY2026 EPS guidance of $6.60–$6.80, signaling healthy margin/revenue momentum that underpins the stock’s premium multiple.
• Positive Sentiment: Capacity expansion in missiles: Raytheon (an RTX business) completed a $115M, 26,000 sq ft expansion at its Redstone missile integration facility to lift integration/delivery capacity >50% and grow local headcount — this directly boosts execution capacity on high‑margin defense programs. RTX’s Raytheon completes $115 million expansion of Alabama missile integration facility
• Neutral Sentiment: Analyst stance steady — Jefferies reaffirmed a Hold and $225 price target after the DoD cleared a NASAMS sale to Egypt; that keeps a near‑term valuation ceiling but doesn’t signal downgrades. Jefferies Reaffirms Hold Rating on RTX
• Neutral Sentiment: Defense incident noted, but direct impact unclear — A KC-135 crash in Iraq is being reported; while it highlights ongoing military operations (and potential sustainment demand), it’s a developing story with no direct program implications for RTX yet. U.S. Military Confirms Loss of KC-135 Refueling Aircraft
• Neutral Sentiment: Media noise from “RTX” consumer GPU stories — Several headlines reference NVIDIA’s “RTX” GPUs (unrelated to RTX Corporation). These can create search/noise but have no material effect on RTX’s fundamentals. Transforming Data Science With NVIDIA RTX PRO 6000
• Negative Sentiment: Backlog conversion risk: analysis highlights a $268B defense backlog but warns RTX faces an engine/supply “crisis” that could slow converting orders into cash — this execution risk is a meaningful negative catalyst for near‑term cash flow and investor confidence. Munitions Burned in 100 Hours Could Fuel RTX’s Next Growth Wave
• Negative Sentiment: Recent price weakness flagged by market press — Coverage calling out a >2% daily decline notes investor profit‑taking and sensitivity to macro/defense headlines, which can amplify short‑term volatility. Here’s Why RTX Fell More Than Broader Market

Analysts Set New Price Targets

RTX has been the subject of several research analyst reports. Citigroup boosted their price objective on shares of RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Wolfe Research reaffirmed an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. Jefferies Financial Group reiterated a “hold” rating on shares of RTX in a report on Friday, March 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 price objective on shares of RTX in a research report on Thursday, March 5th. Finally, DZ Bank downgraded shares of RTX from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, RTX has an average rating of “Moderate Buy” and a consensus price target of $202.00.

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.