Cannell & Spears LLC Decreases Holdings in RTX Corporation $RTX

Cannell & Spears LLC decreased its holdings in RTX Corporation (NYSE:RTX) by 2.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 132,511 shares of the company’s stock after selling 2,782 shares during the period. Cannell & Spears LLC’s holdings in RTX were worth $22,173,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of RTX in the 2nd quarter valued at approximately $2,359,602,000. Laurel Wealth Advisors LLC increased its position in shares of RTX by 14,974.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,598,943 shares of the company’s stock valued at $525,518,000 after purchasing an additional 3,575,069 shares during the last quarter. Vanguard Group Inc. increased its position in shares of RTX by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock valued at $17,825,353,000 after purchasing an additional 2,238,247 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of RTX by 9.3% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock valued at $2,330,215,000 after purchasing an additional 1,361,071 shares during the last quarter. Finally, California Public Employees Retirement System raised its holdings in RTX by 27.5% during the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock valued at $802,640,000 after buying an additional 1,034,456 shares during the period. 86.50% of the stock is owned by institutional investors.

RTX Stock Up 0.7%

Shares of RTX opened at $204.54 on Friday. The firm has a fifty day moving average price of $199.67 and a 200-day moving average price of $180.44. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $275.31 billion, a P/E ratio of 41.24, a P/E/G ratio of 2.96 and a beta of 0.42. RTX Corporation has a 12-month low of $112.27 and a 12-month high of $214.50.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, topping 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 company had revenue of $24.24 billion for the quarter, compared to the consensus estimate of $22.65 billion. During the same quarter last year, the firm posted $1.54 EPS. 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. Equities research analysts expect that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 20th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.3%. RTX’s dividend payout ratio (DPR) is 54.84%.

Key RTX News

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

Several research analysts have commented on RTX shares. Susquehanna reaffirmed a “positive” rating and set a $230.00 price objective on shares of RTX in a research note on Thursday, January 15th. Citigroup lifted their price target on shares of RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. DZ Bank downgraded shares of RTX from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of RTX in a research note on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $202.00.

Insider Activity

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the transaction, the executive vice president directly owned 59,556 shares in the company, valued at $12,242,331.36. This trade represents a 37.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Shane G. Eddy sold 17,527 shares of RTX stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 89,255 shares of company stock valued at $18,151,956. Insiders own 0.15% of the company’s stock.

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.