SeaCrest Wealth Management LLC decreased its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 35.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 9,091 shares of the company’s stock after selling 4,958 shares during the period. SeaCrest Wealth Management LLC’s holdings in RTX were worth $1,532,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in RTX. Vanguard Group Inc. increased its stake in shares of 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 acquiring an additional 700,487 shares during the period. State Street Corp lifted its position in 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 purchasing an additional 552,009 shares during the period. Capital Research Global Investors boosted its stake in RTX by 1.1% during the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock valued at $12,750,087,000 after purchasing an additional 799,155 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of RTX by 2.8% during 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 purchasing an additional 575,004 shares during the period. Finally, Norges Bank bought a new stake in shares of RTX in the 2nd quarter worth $2,359,602,000. 86.50% of the stock is owned by institutional investors and hedge funds.
RTX Trading Up 0.5%
Shares of NYSE:RTX traded up $0.97 during midday trading on Friday, reaching $204.01. The company had a trading volume of 446,419 shares, compared to its average volume of 6,559,955. The company has a fifty day simple moving average of $199.32 and a two-hundred day simple moving average of $179.96. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. The firm has a market cap of $274.59 billion, a price-to-earnings ratio of 41.11, a price-to-earnings-growth ratio of 3.00 and a beta of 0.42. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $214.50.
RTX Dividend Announcement
The firm also recently announced 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 is Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.3%. RTX’s dividend payout ratio is presently 54.84%.
Wall Street Analyst Weigh In
RTX has been the subject of several research reports. Robert W. Baird set a $225.00 target price on RTX in a research note on Wednesday, January 28th. DZ Bank cut shares of RTX from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. Weiss Ratings restated a “buy (b-)” rating on shares of RTX in a research report on Monday, December 29th. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Finally, Wolfe Research reissued an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $202.00.
Check Out Our Latest Research Report on RTX
RTX News Summary
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raytheon (RTX) completed a $115 million, 26,000 sq. ft. expansion of its Redstone Missile Integration Facility in Huntsville to boost integration and delivery capacity by >50% and expand the local workforce to ~2,200 — a tangible capacity investment that supports higher defense production and near‑term fulfillment of backlog. RTX’s Raytheon completes $115 million expansion of Alabama missile integration facility
- Neutral Sentiment: Jefferies reaffirmed a Hold rating and $225 price target following the DoD’s authorization of Egypt’s NASAMS purchase — a steady, non‑upbeat analyst stance that keeps upside limited relative to current price. Jefferies Reaffirms Hold Rating on RTX
- Neutral Sentiment: Coverage mentioning “RTX” in consumer GPU context (NVIDIA/RTX branding) is unrelated to RTX Corporation’s aerospace/defense business — likely noise rather than stock drivers. Representative links: automation.com/NVIDIA, Tweaktown, news outlets on consumer RTX hardware. Transforming Data Science With NVIDIA RTX PRO 6000
- Negative Sentiment: Zacks noted RTX fell more than the broader market in the latest session, reflecting investor reaction to a mix of execution risk and sentiment rather than fresh fundamentals. That price action explains the immediate downside pressure. Here’s Why RTX (RTX) Fell More Than Broader Market
- Negative Sentiment: Analysis highlights execution risk: a 247WallSt piece flags a $268B backlog but warns engine supply/production issues (cited by customers like Airbus) could delay revenue and cash conversion — a key near-term risk for RTX’s growth outlook. Munitions Burned in 100 Hours Could Fuel RTX’s Next Growth Wave
- Neutral Sentiment: Report of a KC‑135 crash in Iraq mentions RTX among several defense suppliers in background color — a developing operational story that can affect sector headlines but has no direct company-specific implication yet. U.S. Military Confirms Loss of KC-135 Refueling Aircraft
Insiders Place Their Bets
In other news, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction on Friday, February 13th. The stock was sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the transaction, the vice president owned 27,102 shares in the company, valued at approximately $5,455,632.60. The trade was a 23.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the transaction, the executive vice president directly owned 59,556 shares in the company, valued at $12,242,331.36. The trade was a 37.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 89,255 shares of company stock valued at $18,151,956 over the last quarter. 0.15% of the stock is owned by insiders.
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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