Russell Investments Group Ltd. Has $142.93 Million Stock Holdings in RTX Corporation $RTX

Russell Investments Group Ltd. increased its position in RTX Corporation (NYSE:RTXFree Report) by 7.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 854,535 shares of the company’s stock after buying an additional 61,116 shares during the quarter. Russell Investments Group Ltd. owned 0.06% of RTX worth $142,928,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of RTX by 24.3% during the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after purchasing an additional 3,332 shares during the period. Revolve Wealth Partners LLC increased its holdings in RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after purchasing an additional 159 shares during the period. United Bank raised its position in RTX by 68.0% during the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after purchasing an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. raised its position in RTX by 3.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after purchasing an additional 623 shares during the last quarter. Finally, Fox Run Management L.L.C. acquired a new position in RTX during the 2nd quarter worth about $836,000. Institutional investors own 86.50% of the company’s stock.

Insider Transactions at RTX

In other news, VP Kevin G. Dasilva sold 8,136 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $5,455,632.60. This represents a 23.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Dantaya M. Williams sold 12,713 shares of RTX stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total value of $2,578,577.79. Following the transaction, the executive vice president directly owned 16,749 shares in the company, valued at approximately $3,397,199.67. The trade was a 43.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 89,255 shares of company stock valued at $18,151,956. Corporate insiders own 0.15% of the company’s stock.

RTX Stock Performance

RTX opened at $208.21 on Tuesday. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $214.50. The company has a market cap of $279.47 billion, a price-to-earnings ratio of 41.98, a PEG ratio of 3.03 and a beta of 0.42. The company’s fifty day moving average price is $198.00 and its two-hundred day moving average price is $179.25. 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 (NYSE:RTXGet Free Report) last posted its earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The company had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. During the same period in the previous year, the firm posted $1.54 earnings per share. The firm’s revenue for the quarter 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, analysts expect that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders 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 yield of 1.3%. The ex-dividend date of this dividend is Friday, February 20th. RTX’s payout ratio is currently 54.84%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on RTX shares. Sanford C. Bernstein reissued a “market perform” rating and issued a $204.00 price target on shares of RTX in a research note on Thursday, January 29th. JPMorgan Chase & Co. lifted their price objective on RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Royal Bank Of Canada upped 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. Citigroup increased their target price on shares of RTX from $227.00 to $238.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Finally, DZ Bank lowered shares of RTX from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. One 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 company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.00.

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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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