Franklin Parlapiano Turner & Welch LLC Sells 5,218 Shares of RTX Corporation $RTX

Franklin Parlapiano Turner & Welch LLC lowered its position in RTX Corporation (NYSE:RTXFree Report) by 7.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,128 shares of the company’s stock after selling 5,218 shares during the quarter. RTX comprises approximately 3.1% of Franklin Parlapiano Turner & Welch LLC’s investment portfolio, making the stock its 5th biggest holding. Franklin Parlapiano Turner & Welch LLC’s holdings in RTX were worth $12,343,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. BNP Paribas acquired a new stake in shares of RTX in the third quarter valued at approximately $25,000. Valley Wealth Managers Inc. acquired a new position in shares of RTX during the third quarter valued at approximately $30,000. SOA Wealth Advisors LLC. increased its stake in shares of RTX by 57.4% during the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock valued at $32,000 after acquiring an additional 70 shares during the period. Wexford Capital LP acquired a new position in shares of RTX during the third quarter valued at approximately $33,000. Finally, Dogwood Wealth Management LLC increased its stake in shares of RTX by 57.3% during the third 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. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insider Transactions at RTX

In other RTX news, insider Shane G. Eddy sold 17,527 shares of RTX stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total transaction of $3,490,677.32. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction that occurred on 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 transaction, the vice president owned 27,102 shares in the company, valued at approximately $5,455,632.60. The trade was a 23.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 89,255 shares of company stock valued at $18,151,956 in the last 90 days. 0.10% of the stock is owned by corporate insiders.

RTX Trading Up 2.8%

RTX stock opened at $203.41 on Thursday. 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 firm has a market cap of $273.79 billion, a price-to-earnings ratio of 41.01, a price-to-earnings-growth ratio of 2.84 and a beta of 0.43. RTX Corporation has a 1 year low of $112.63 and a 1 year high of $214.50. The firm’s 50 day moving average price is $200.33 and its two-hundred day moving average price is $185.40.

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

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were given a $0.68 dividend. The ex-dividend date was Friday, February 20th. This represents a $2.72 annualized dividend and a yield of 1.3%. RTX’s payout ratio is 54.84%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on RTX. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of RTX in a research note on Monday, December 29th. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Jefferies Financial Group reiterated a “hold” rating on shares of RTX in a research note on Friday, March 6th. Finally, Susquehanna reiterated a “positive” rating and set a $230.00 price objective on shares of RTX in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $204.44.

Get Our Latest Stock Analysis on RTX

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: Massive multidecade U.S. Department of Defense contract: RTX won a roughly $50 billion Patriot sustainment/manufacture deal that meaningfully extends backlog and cash‑flow visibility over ~20 years, supporting revenue certainty and defense segment margins. RTX’s US$50b Patriot Deal Extends Backlog And Cash Flow Visibility
  • Positive Sentiment: Additional aerospace win: Pratt & Whitney (RTX) secured a $3.8 billion contract modification for lots 18–19 of the F135 engine (F‑35), bolstering near‑term aerospace revenue and manufacturing cadence. RTX Corporation Secures $3.8B Contract Modification for F135
  • Positive Sentiment: Strategic tailwinds in missile defense: Analysts highlight RTX’s missile‑defense product lines and multi‑year programs as core drivers for steady growth as global threats increase demand for advanced systems. RTX’s Missile Defense Capabilities: Key to Future Growth?
  • Positive Sentiment: Analyst upgrade to FY2027 EPS: Erste Group nudged up its FY2027 EPS estimate for RTX, reflecting modestly improved earnings expectations and maintaining a Buy stance. Erste Raises FY2027 EPS Estimate for RTX
  • Neutral Sentiment: Wall Street sentiment piece: Market commentary notes bullish analyst views on RTX; useful as context but not an immediate catalyst unless rating/target changes are announced. Wall Street Bulls Look Optimistic About RTX
  • Neutral Sentiment: Note on naming confusion with gaming “RTX”: Several consumer articles about NVIDIA “RTX” GPUs and gaming rigs (MSI, Skytech, Acer deals; individual PC incidents) circulate under the RTX shorthand — these are unrelated to RTX Corporation’s aerospace/defense business but can cause retail‑investor noise. Examples include MSI desktop and media reports about an NVIDIA GPU meltdown. MSI launches MAG Infinite S AI 2nd Gaming Desktop Nvidia GeForce RTX 4090 owner saved by their cat
  • Negative Sentiment: Geopolitical relief weighing on defense multiples: Reports that a U.S.‑Iran cease‑fire reduced immediate military escalation fears led to weaker early trading in some large defense names; sector volatility could pressure RTX despite its contract wins. Defense Stocks Mixed After Iran Cease‑Fire
  • Negative Sentiment: Broader defense ETF weakness: Coverage flags that defense ETFs have slumped since the Iran conflict began, underscoring that RTX remains exposed to rotation and sentiment swings even with strong backlog. Defense Stocks Fall; Why They Haven’t Had an Iran War Surge

About RTX

(Free Report)

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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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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