Bessemer Group Inc. Purchases 4,726 Shares of RTX Corporation $RTX

Bessemer Group Inc. lifted its holdings in RTX Corporation (NYSE:RTX) by 9.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 53,343 shares of the company’s stock after acquiring an additional 4,726 shares during the quarter. Bessemer Group Inc.’s holdings in RTX were worth $8,926,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its position in RTX by 1.9% during the second quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock valued at $17,825,353,000 after buying an additional 2,238,247 shares during the period. State Street Corp boosted its stake in RTX by 0.5% in the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after acquiring an additional 552,009 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of RTX by 4.2% during the 2nd quarter. Fisher Asset Management LLC now owns 20,599,190 shares of the company’s stock valued at $3,007,894,000 after acquiring an additional 837,268 shares during the period. Norges Bank purchased a new stake in shares of RTX during the 2nd quarter worth approximately $2,359,602,000. Finally, Massachusetts Financial Services Co. MA lifted its stake in RTX by 9.3% in the second 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. 86.50% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Board declares quarterly cash dividend of $0.68 per share — this raises near-term shareholder yield and signals confidence in free cash flow, supporting demand for the stock. RTX Board of Directors Declares Quarterly Cash Dividend
• Positive Sentiment: Raytheon/RTX wins multi-year Pentagon agreements to ramp up missile and munitions production — these contracts imply revenue visibility and production ramp that support near- to mid-term growth and margin stability in the defense segment. RTX’s Raytheon lands seven-year Pentagon deal to ramp up missile production
• Neutral Sentiment: RTX is a trending stock on retail/screeners — elevated attention can add short-term volatility but doesn’t change fundamentals; monitor flows and volume. RTX Corporation (RTX) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Several headlines referencing “RTX” GPUs (Nvidia) are circulating — these relate to NVIDIA’s product line and memory-supply delays, not RTX Corporation’s defense business; they may create search/noise but are not direct fundamentals for RTX (the company). NVIDIA rumors: RTX 50 SUPER not launching this year, RTX 60 ‘Rubin’ delayed over DRAM crisis
• Negative Sentiment: White House order limits on CEO pay, dividends and buybacks for defense contractors — investors worry this policy could curb shareholder returns and capital-allocation flexibility, weighing on valuation sentiment for RTX and peers. Investors in defense stocks wary as Trump places new limits on CEO pay and dividends

Wall Street Analyst Weigh In

A number of analysts have issued reports on RTX shares. Morgan Stanley reissued an “overweight” rating and issued a $235.00 target price on shares of RTX in a research report on Wednesday, January 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. Vertical Research reaffirmed a “buy” rating and set a $227.00 price objective on shares of RTX in a report on Tuesday, January 27th. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Finally, The Goldman Sachs Group upped their price target on shares of RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and an average target price of $199.50.

RTX Trading Up 1.4%

Shares of RTX stock opened at $198.78 on Friday. The company’s 50-day moving average price is $187.63 and its 200-day moving average price is $172.10. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. RTX Corporation has a 12-month low of $112.27 and a 12-month high of $206.48. The company has a market cap of $266.52 billion, a price-to-earnings ratio of 40.08, a PEG ratio of 2.83 and a beta of 0.43.

RTX (NYSE:RTX) last posted its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business had revenue of $24.24 billion for the quarter, compared to analyst estimates of $22.65 billion. During the same quarter in the prior year, the firm posted $1.54 EPS. RTX’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. On average, equities analysts expect that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

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.