RTX Corporation $RTX Shares Sold by Skba Capital Management LLC

Skba Capital Management LLC reduced its position in RTX Corporation (NYSE:RTX) by 14.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 174,844 shares of the company’s stock after selling 28,825 shares during the quarter. RTX makes up approximately 4.0% of Skba Capital Management LLC’s investment portfolio, making the stock its 2nd biggest position. Skba Capital Management LLC’s holdings in RTX were worth $29,257,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RTX. Vanguard Group Inc. lifted its position in RTX by 0.6% during the third quarter. Vanguard Group Inc. now owns 122,775,221 shares of the company’s stock valued at $20,543,978,000 after buying an additional 700,487 shares in the last quarter. State Street Corp increased its position in shares of RTX by 0.5% in the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after acquiring an additional 552,009 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of RTX by 2.8% in the 3rd quarter. Fisher Asset Management LLC now owns 21,174,194 shares of the company’s stock valued at $3,543,078,000 after acquiring an additional 575,004 shares during the period. Norges Bank acquired a new position in shares of RTX during the 2nd quarter valued at $2,359,602,000. Finally, Massachusetts Financial Services Co. MA boosted its position in RTX by 9.3% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock worth $2,330,215,000 after purchasing an additional 1,361,071 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Geopolitical shock lifting defense stocks — RTX is trading higher alongside peers after U.S./regional actions raised expectations for increased weapons procurement and replenishment cycles. This short-term risk premium is drawing flow into the sector and into RTX. Northrop Grumman, Axon and RTX lifted most as defense stocks gain on Iran war
• Positive Sentiment: Huge backlog supports multi-year revenue visibility — MarketBeat highlights RTX’s roughly $268B backlog and growing missile-program orders (Tomahawk, AMRAAM), underpinning earnings durability and justifying investor optimism about secular demand. Defense Stocks: Rockets, Radars, and Record Backlogs (RTX)
• Positive Sentiment: Citi: “missile megatrend” likely underestimated — Citi analysts singled out RTX as a key beneficiary of accelerating demand for missile and interceptor systems, suggesting consensus growth assumptions may be conservative. That analyst framing supports higher expectations for multi-year revenue growth. Missile ‘megatrend’ still underestimated despite Iran conflict, says Citi
• Positive Sentiment: Market commentary tying AI/military themes to defense demand — Sector forecasts that combine AI and military modernization narratives keep institutional interest elevated in RTX alongside NOC and others. PLTR, NOC and RTX Forecast – AI and Military in Focus
• Neutral Sentiment: Separate “RTX” GPU headlines are about Nvidia’s RTX graphics brand, not Raytheon Technologies — gaming/GPU adoption and driver stories (e.g., Steam survey, MSI limited editions) are unrelated to RTX Corp fundamentals and can confuse coverage. GeForce RTX 5070 becomes the world’s most popular gaming GPU, according to Steam
• Negative Sentiment: Valuation and mean‑reversion risk — Coverage noting RTX’s ~60% one‑year surge and P/E in the 40s is prompting some investors to question whether future returns are priced in; a higher valuation increases sensitivity to execution or order-book disappointments. Is It Too Late To Consider RTX (RTX) After Its 61% One-Year Surge?

Insider Buying and Selling at RTX

In related news, EVP Ramsaran Maharajh sold 15,124 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the sale, the executive vice president owned 13,184 shares in the company, valued at $2,698,105.60. This represents a 53.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shane G. Eddy sold 17,527 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 89,255 shares of company stock worth $18,151,956. 0.15% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have commented on RTX shares. BNP Paribas Exane assumed coverage on RTX in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price objective on the stock. Royal Bank Of Canada raised their target price on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Morgan Stanley reissued an “overweight” rating and set a $235.00 price target on shares of RTX in a research report on Wednesday, January 28th. Wolfe Research restated an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. Finally, Vertical Research reaffirmed a “buy” rating and set a $227.00 price target on shares of RTX in a research note on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $199.50.

RTX Price Performance

RTX opened at $206.26 on Wednesday. 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 Corporation has a 1-year low of $112.27 and a 1-year high of $214.50. The company has a 50-day moving average of $196.21 and a 200-day moving average of $177.78. The company has a market capitalization of $276.86 billion, a P/E ratio of 41.58, a PEG ratio of 3.07 and a beta of 0.42.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.08. The firm had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.RTX’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts expect that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

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