Crossmark Global Holdings Inc. Increases Stake in RTX Corporation $RTX

Crossmark Global Holdings Inc. lifted its holdings in shares of RTX Corporation (NYSE:RTX) by 222.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 119,519 shares of the company’s stock after purchasing an additional 82,459 shares during the period. Crossmark Global Holdings Inc.’s holdings in RTX were worth $19,999,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp grew its holdings in RTX by 0.5% in the 2nd 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 during the last quarter. State Board of Administration of Florida Retirement System boosted its holdings in shares of RTX by 1.2% during the second quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock worth $192,333,000 after purchasing an additional 16,034 shares during the period. Oppenheimer & Co. Inc. grew its stake in shares of RTX by 10.6% in the third quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock worth $28,648,000 after purchasing an additional 16,467 shares during the last quarter. Rockland Trust Co. increased its holdings in RTX by 121.1% during the 3rd quarter. Rockland Trust Co. now owns 20,245 shares of the company’s stock valued at $3,388,000 after purchasing an additional 11,089 shares during the period. Finally, Rafferty Asset Management LLC raised its position in RTX by 4.0% during the 3rd quarter. Rafferty Asset Management LLC now owns 332,214 shares of the company’s stock valued at $55,589,000 after purchasing an additional 12,927 shares during the last quarter. 86.50% of the stock is owned by institutional investors.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Renewed global interest in air and missile defense is boosting demand for RTX’s Patriot and related systems; new orders linked to the UAE and broader procurement reviews are drawing investor attention. Read More.
• Positive Sentiment: The White House has scheduled a Mar. 6 meeting to address shrinking U.S. munitions stockpiles — a policy-level focus that could lead to increased production contracts and direct opportunities for RTX’s defense businesses. Read More.
• Positive Sentiment: RTX is actively pitching technology for the FAA’s $12.5B air‑traffic control modernisation and seeks a larger role in that program, which would be a multi‑year revenue stream if awarded. Read More.
• Positive Sentiment: The company reported progress on sustainable aviation, including a full‑power run of a hybrid‑electric propulsion system — evidence of growth and diversification beyond traditional defense and aerospace segments. Read More.
• Neutral Sentiment: Brokerage coverage remains constructive — RTX has a consensus “Moderate Buy” from brokerages and several analysts/asset managers (including Gabelli write‑ups) are highlighting the defense sector’s multi‑year structural tailwinds. Read More.
• Neutral Sentiment: RTX is getting increased media and retail investor attention (Zacks, Seeking Alpha, Yahoo market chatter), which can amplify short‑term volatility even when fundamentals remain intact. Read More.
• Neutral Sentiment: Numerous headlines referencing “RTX” relate to Nvidia GPU product leaks and restocks — these are unrelated to RTX Corporation but can create headline noise and search confusion for investors. Read More.
• Negative Sentiment: Despite the positive catalysts, shares are pulling back today — likely reflecting short‑term profit‑taking after recent gains and general market risk‑off sentiment while investors await concrete contract awards or policy actions from the upcoming White House meeting.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on RTX. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. Vertical Research reiterated a “buy” rating and issued a $227.00 price target on shares of RTX in a report on Tuesday, January 27th. Susquehanna reissued a “positive” rating and set a $230.00 price objective on shares of RTX in a research report on Thursday, January 15th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $204.00 target price on shares of RTX in a research report on Thursday, January 29th. Finally, Royal Bank Of Canada lifted their target price on shares of RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. One 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 issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $202.00.

Insider Activity at RTX

In other news, VP Kevin G. Dasilva sold 8,136 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $201.30, for a total value 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. This represents a 23.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Ramsaran Maharajh sold 15,124 shares of RTX stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total value of $3,095,126.60. Following the transaction, the executive vice president owned 13,184 shares in the company, valued at $2,698,105.60. This trade represents a 53.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 89,255 shares of company stock valued at $18,151,956 over the last three months. 0.15% of the stock is owned by insiders.

RTX Price Performance

RTX opened at $203.95 on Friday. RTX Corporation has a 12-month low of $112.27 and a 12-month high of $214.50. The company has a market cap of $273.76 billion, a price-to-earnings ratio of 41.12, a price-to-earnings-growth ratio of 3.02 and a beta of 0.42. 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 stock has a fifty day simple moving average of $197.03 and a two-hundred day simple moving average of $178.18.

RTX (NYSE:RTX) last released 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 firm had revenue of $24.24 billion for the quarter, compared to the consensus estimate of $22.65 billion. During the same period in the prior year, the firm earned $1.54 EPS. The company’s revenue was up 12.1% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts predict that RTX Corporation will post 6.11 earnings per share 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 dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, February 20th. RTX’s dividend payout ratio is presently 54.84%.

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.