Orleans Capital Management Corp LA Sells 6,162 Shares of RTX Corporation $RTX

Orleans Capital Management Corp LA lowered its stake in shares of RTX Corporation (NYSE:RTX) by 27.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,506 shares of the company’s stock after selling 6,162 shares during the period. RTX accounts for 1.8% of Orleans Capital Management Corp LA’s investment portfolio, making the stock its 17th biggest holding. Orleans Capital Management Corp LA’s holdings in RTX were worth $2,762,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of RTX. State Street Corp raised its stake 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 valued at $16,457,452,000 after buying an additional 552,009 shares during the period. State Board of Administration of Florida Retirement System grew its stake in shares of RTX by 1.2% during the 2nd 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 acquiring an additional 16,034 shares during the period. Oppenheimer & Co. Inc. grew its stake in shares of RTX by 10.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock worth $28,648,000 after acquiring an additional 16,467 shares during the period. Rockland Trust Co. increased its holdings in RTX by 121.1% in the 3rd quarter. Rockland Trust Co. now owns 20,245 shares of the company’s stock worth $3,388,000 after acquiring an additional 11,089 shares during the last quarter. Finally, Rafferty Asset Management LLC raised its stake in RTX by 4.0% in the 3rd quarter. Rafferty Asset Management LLC now owns 332,214 shares of the company’s stock valued at $55,589,000 after acquiring an additional 12,927 shares during the period. Institutional investors own 86.50% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Geopolitical-driven demand — Rising tensions in the Middle East are being cited by analysts as increasing demand for fighter jets, missile defense and drones, which benefits RTX’s defense businesses (Patriot, air/missile systems). 3 Defense Stocks to Watch Amid Rising Middle East Tensions
• Positive Sentiment: F-35 sustainment contracts — The DoD awarded contracts to Lockheed and RTX to sustain the F-35 fleet, providing visible, recurring work and supporting aftermarket/sustainment revenue. Lockheed Martin, RTX Land F-35 Contracts, Hover Near Buy Points
• Positive Sentiment: Policy focus on munitions — A White House meeting on shrinking U.S. munitions stockpiles (scheduled Mar. 6) could accelerate procurement decisions and put companies like RTX in the spotlight for replenishment contracts. Dear Raytheon Stock Fans, Mark Your Calendars for March 6
• Positive Sentiment: Commercial/technology progress — RTX reported progress on hybrid-electric aviation propulsion tests and continues to win export-related orders (e.g., UAE), which supports medium-term diversification beyond defense. RTX Balances Rising Defense Demand With Hybrid Electric Aviation Progress
• Neutral Sentiment: Analyst view — Brokerages give RTX a consensus “Moderate Buy,” which can underpin investor confidence but doesn’t represent a strong upgrade catalyst by itself. RTX Corporation (NYSE:RTX) Receives Consensus Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: Headline noise — Multiple tech/gaming stories about “RTX” GPUs (NVIDIA’s product line) are trending (RTX 5050/5060 rumors, laptop discounts). These are unrelated to RTX Corporation but can create search/noise that confuses retail flows. Nvidia reportedly developing RTX 5050 with 9GB VRAM, revised RTX 5060 using GB205 die

RTX Trading Up 2.9%

Shares of RTX stock opened at $209.70 on Friday. The firm has a market cap of $281.48 billion, a P/E ratio of 42.28, a price-to-earnings-growth ratio of 2.95 and a beta of 0.42. The business has a 50-day moving average price of $197.52 and a two-hundred day moving average price of $178.56. The company has a quick ratio of 0.80, a current ratio of 1.03 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 $214.50.

RTX (NYSE:RTX) last issued its quarterly 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. The business had revenue of $24.24 billion for the quarter, compared to analysts’ expectations of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period last year, the business earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts anticipate that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 20th will be issued a dividend of $0.68 per share. 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 dividend payout ratio (DPR) is currently 54.84%.

Insider Buying and Selling

In other RTX news, VP Kevin G. Dasilva sold 8,136 shares of the business’s stock in a transaction on Friday, February 13th. The shares were 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 of the company’s stock, 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 document filed with the SEC, which is available at the SEC website. Also, EVP Ramsaran Maharajh sold 15,124 shares of the company’s 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 of the company’s stock, valued at approximately $2,698,105.60. The trade was a 53.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 89,255 shares of company stock worth $18,151,956 over the last 90 days. Insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on RTX. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $240.00 price objective on shares of RTX in a report on Thursday. DZ Bank downgraded shares of RTX from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. Weiss Ratings restated a “buy (b-)” rating on shares of RTX in a research note on Monday, December 29th. JPMorgan Chase & Co. raised their price objective on shares of RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $204.00 price objective on shares of RTX in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.00.

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.