RTX Corporation $RTX Shares Sold by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. cut its position in shares of RTX Corporation (NYSE:RTXFree Report) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 219,927 shares of the company’s stock after selling 2,687 shares during the quarter. RTX makes up 1.1% of Salem Investment Counselors Inc.’s investment portfolio, making the stock its 18th largest position. Salem Investment Counselors Inc.’s holdings in RTX were worth $40,335,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. BNP Paribas acquired a new stake in RTX during the third quarter worth approximately $25,000. Valley Wealth Managers Inc. acquired a new position in RTX in the 3rd quarter valued at $30,000. SOA Wealth Advisors LLC. raised its holdings in RTX by 57.4% in the 3rd 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 last quarter. Wexford Capital LP purchased a new position in shares of RTX during the 3rd quarter worth $33,000. Finally, Dogwood Wealth Management LLC boosted its holdings in shares of RTX by 57.3% during the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: RTX is expanding missile capabilities and won large program business — Zacks notes advanced systems work, hypersonic investments and an ~ $11.74B contract that strengthen defense revenue visibility and backlog. Is RTX expanding missile capabilities to boost defense strength?
  • Neutral Sentiment: Several consumer tech articles referencing “RTX” are actually about Nvidia GPUs (DLSS updates, gaming laptops, mobile GPUs). These items create headline noise but do not affect RTX Corporation’s defense and aerospace business. Example: DLSS 4.5 dynamic multi-frame generation release. DLSS 4.5 dynamic multi frame generation arrives
  • Neutral Sentiment: Retail/consumer headlines (discounted Alienware/Lenovo laptops, comparative GPU reviews) mention “RTX” frequently but are unrelated to RTX Corp’s financial drivers; investors should treat them as unrelated PR/search noise. Example: Alienware Aurora pairing with RTX 5060 Ti. Alienware Aurora pairs 20-core Ultra 7 with RTX 5060 Ti
  • Negative Sentiment: Supply-chain risk: Yahoo Finance reports Raytheon (RTX) faces rare-earth sourcing challenges because U.S. rules will restrict Chinese-origin materials in weapons systems (impacting AMRAAM, Tomahawk, others) and contractors have a 2027 compliance deadline — this could raise costs, disrupt schedules and pressure margins on affected programs. RTX Rare Earth Sourcing Test As Missile Capacity Expands
  • Negative Sentiment: Market reaction: recent coverage and market data note the stock has slipped (recent intraday/close weakness). That move likely reflects a mix of macro/market pressure plus the supply-chain/regulatory headlines noted above. RTX (RTX) Stock Slides as Market Rises

RTX Trading Down 1.8%

Shares of RTX opened at $194.53 on Tuesday. 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 $261.84 billion, a P/E ratio of 39.22, a price-to-earnings-growth ratio of 2.87 and a beta of 0.42. The stock’s fifty day simple moving average is $201.12 and its 200 day simple moving average is $182.38. RTX Corporation has a twelve month low of $112.27 and a twelve month high of $214.50.

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, beating analysts’ consensus estimates of $1.47 by $0.08. The firm had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.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 earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts forecast that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were issued a dividend of $0.68 per share. The ex-dividend date was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s payout ratio is presently 54.84%.

Insider Activity

In other RTX news, VP Kevin G. Dasilva sold 8,136 shares of the business’s 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 completion of the sale, the vice president directly owned 27,102 shares in the company, valued at $5,455,632.60. The trade was a 23.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the 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 completion of the sale, the executive vice president directly owned 59,556 shares of the company’s stock, 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 90 days, insiders have sold 89,255 shares of company stock worth $18,151,956. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on RTX shares. Wolfe Research reaffirmed an “outperform” rating on shares of RTX in a research report on Wednesday, February 4th. Robert W. Baird set a $225.00 target price on RTX in a research report on Wednesday, January 28th. Royal Bank Of Canada lifted their price target on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Jefferies Financial Group reaffirmed a “hold” rating on shares of RTX in a research note on Friday, March 6th. Finally, Citigroup increased their price objective on shares of RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $202.00.

Get Our Latest Analysis on RTX

RTX Profile

(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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