Martingale Asset Management L P Sells 15,155 Shares of RTX Corporation $RTX

Martingale Asset Management L P lessened its holdings in RTX Corporation (NYSE:RTX) by 8.7% during the third quarter, Holdings Channel.com reports. The firm owned 159,435 shares of the company’s stock after selling 15,155 shares during the quarter. Martingale Asset Management L P’s holdings in RTX were worth $26,678,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in RTX. Brighton Jones LLC increased its holdings in shares of RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after buying an additional 3,332 shares during the period. Revolve Wealth Partners LLC boosted its holdings in RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after acquiring an additional 159 shares during the period. United Bank boosted its holdings 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 during the period. Schnieders Capital Management LLC. grew its position in RTX by 3.1% during 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 during the last quarter. Finally, KBC Group NV grew its position in RTX by 8.7% during the 2nd quarter. KBC Group NV now owns 115,203 shares of the company’s stock worth $16,822,000 after acquiring an additional 9,240 shares during the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Shane G. Eddy sold 17,527 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. 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 RTX stock in a transaction dated 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 sale, the executive vice president directly owned 59,556 shares in the company, valued at $12,242,331.36. The trade was a 37.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 89,255 shares of company stock worth $18,151,956. Company insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on RTX. Wolfe Research reiterated an “outperform” rating on shares of RTX in a research report on Wednesday, February 4th. Vertical Research restated a “buy” rating and issued a $227.00 target price on shares of RTX in a report on Tuesday, January 27th. JPMorgan Chase & Co. lifted their target price on shares of RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. TD Cowen reiterated a “buy” rating on shares of RTX in a report on Tuesday, January 27th. Finally, UBS Group reissued a “neutral” rating on shares of RTX in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.00.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Pentagon rare-earths initiative and engine contract bolster defense exposure — RTX is participating in a Pentagon-backed effort to rebuild North American rare-earth capability (reducing supply-chain risk for defense systems) and Pratt & Whitney won a follow-on contract for compact turbojet engines for small cruise missiles, supporting near‑ and medium‑term defense revenue. RTX Rare Earths Push And Engine Win Reshape Defense Spending Exposure
• Neutral Sentiment: Analyst stance steady — Jefferies reaffirmed a Hold rating and $225 price target after the U.S. DoD cleared Egypt’s NASAMS purchase. The note keeps analyst expectations mixed: it supports revenue visibility from international sales but does not signal an upgrade. Jefferies Reaffirms Hold Rating on RTX Corporation (RTX) Following Defense Systems Deal with Egypt
• Neutral Sentiment: Geopolitical/operational incident developing — a KC-135 refueling aircraft was lost during operations in western Iraq; reporting notes RTX supplies engines/components across military platforms. The situation is still unfolding and currently creates uncertainty rather than a clear revenue/contract impact. U.S. Military Confirms Loss of KC-135 Refueling Aircraft in Western Iraq During Operation Epic Fury
• Neutral Sentiment: Many recent headlines reference “RTX” technology in GPUs and gaming (NVIDIA’s RTX brand), which is unrelated to RTX Corporation and can confuse retail flows; these items are unlikely to materially affect RTX Corp fundamentals. Example coverage: workstations and DLSS/GDC stories. Transforming Data Science With NVIDIA RTX PRO 6000 Blackwell Workstation Edition
• Negative Sentiment: Headline selling/short‑term pressure — coverage pointing out RTX underperforming the market today likely amplified selling. Zacks flagged the stock’s drop relative to the broader market, which can trigger momentum-based outflows. Here’s Why RTX (RTX) Fell More Than Broader Market
• Negative Sentiment: Backlog conversion risk tied to engine issues — analysis warns that a large defense backlog (~$268B) is not guaranteed revenue unless engine/production issues are resolved; an ongoing engine crisis that has pressured aerospace production could slow conversion of orders into cash and weigh on near‑term growth. Munitions Burned in 100 Hours Could Fuel RTX’s Next Growth Wave

RTX Price Performance

Shares of RTX stock opened at $202.91 on Friday. The firm has a market cap of $273.10 billion, a P/E ratio of 40.91, a P/E/G ratio of 3.00 and a beta of 0.42. RTX Corporation has a fifty-two week low of $112.27 and a fifty-two week high of $214.50. The business’s 50 day moving average price is $199.32 and its 200-day moving average price is $179.96. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03.

RTX (NYSE:RTX) last announced its earnings results 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 company 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 earned $1.54 earnings per share. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts anticipate that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Dividend Announcement

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

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.