Bokf Na lifted its stake in RTX Corporation (NYSE:RTX – Free Report) by 5.9% during the 3rd quarter, Holdings Channel reports. The firm owned 59,127 shares of the company’s stock after acquiring an additional 3,314 shares during the period. Bokf Na’s holdings in RTX were worth $9,894,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in RTX. Norges Bank acquired a new position in RTX in the second quarter valued at about $2,359,602,000. Laurel Wealth Advisors LLC grew its position in shares of RTX by 14,974.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,598,943 shares of the company’s stock worth $525,518,000 after buying an additional 3,575,069 shares during the period. Vanguard Group Inc. increased its stake in shares of RTX by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock valued at $17,825,353,000 after acquiring an additional 2,238,247 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of RTX by 9.3% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock valued at $2,330,215,000 after acquiring an additional 1,361,071 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of RTX by 97.1% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,927,305 shares of the company’s stock valued at $281,425,000 after acquiring an additional 949,328 shares during the period. 86.50% of the stock is owned by institutional investors and hedge funds.
RTX Stock Performance
Shares of RTX opened at $202.91 on Friday. 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 twelve month low of $112.27 and a twelve month high of $214.50. The firm’s 50 day moving average price is $199.32 and its two-hundred day moving average price is $179.96. The firm has a market cap of $273.10 billion, a P/E ratio of 40.91, a PEG ratio of 3.00 and a beta of 0.42.
RTX Dividend Announcement
The company also recently announced 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 is Friday, February 20th. RTX’s dividend payout ratio is 54.84%.
Insider Activity
In other RTX news, EVP Ramsaran Maharajh sold 15,124 shares of RTX stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $204.65, for a total value of $3,095,126.60. Following the sale, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,698,105.60. This trade represents a 53.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Shane G. Eddy sold 17,527 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 89,255 shares of company stock worth $18,151,956. 0.15% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
RTX has been the subject of a number of analyst reports. Vertical Research restated a “buy” rating and set a $227.00 price objective on shares of RTX in a report on Tuesday, January 27th. Citigroup increased their target price on shares of RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. 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. Royal Bank Of Canada boosted their price target on shares of RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Finally, BNP Paribas Exane initiated coverage on RTX in a research note on Tuesday, November 18th. They set an “outperform” rating and a $210.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and a consensus price target of $202.00.
Read Our Latest Stock Analysis on RTX
RTX News Summary
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Pentagon rare-earths initiative and engine contract bolster defense exposure — RTX is participating in a Pentagon-backed effort to rebuild North American rare-earth capability (reducing supply-chain risk for defense systems) and Pratt & Whitney won a follow-on contract for compact turbojet engines for small cruise missiles, supporting near‑ and medium‑term defense revenue. RTX Rare Earths Push And Engine Win Reshape Defense Spending Exposure
- Neutral Sentiment: Analyst stance steady — Jefferies reaffirmed a Hold rating and $225 price target after the U.S. DoD cleared Egypt’s NASAMS purchase. The note keeps analyst expectations mixed: it supports revenue visibility from international sales but does not signal an upgrade. Jefferies Reaffirms Hold Rating on RTX Corporation (RTX) Following Defense Systems Deal with Egypt
- Neutral Sentiment: Geopolitical/operational incident developing — a KC-135 refueling aircraft was lost during operations in western Iraq; reporting notes RTX supplies engines/components across military platforms. The situation is still unfolding and currently creates uncertainty rather than a clear revenue/contract impact. U.S. Military Confirms Loss of KC-135 Refueling Aircraft in Western Iraq During Operation Epic Fury
- Neutral Sentiment: Many recent headlines reference “RTX” technology in GPUs and gaming (NVIDIA’s RTX brand), which is unrelated to RTX Corporation and can confuse retail flows; these items are unlikely to materially affect RTX Corp fundamentals. Example coverage: workstations and DLSS/GDC stories. Transforming Data Science With NVIDIA RTX PRO 6000 Blackwell Workstation Edition
- Negative Sentiment: Headline selling/short‑term pressure — coverage pointing out RTX underperforming the market today likely amplified selling. Zacks flagged the stock’s drop relative to the broader market, which can trigger momentum-based outflows. Here’s Why RTX (RTX) Fell More Than Broader Market
- Negative Sentiment: Backlog conversion risk tied to engine issues — analysis warns that a large defense backlog (~$268B) is not guaranteed revenue unless engine/production issues are resolved; an ongoing engine crisis that has pressured aerospace production could slow conversion of orders into cash and weigh on near‑term growth. Munitions Burned in 100 Hours Could Fuel RTX’s Next Growth Wave
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.
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