California Public Employees Retirement System Has $802.64 Million Stake in RTX Corporation $RTX

California Public Employees Retirement System raised its stake in shares of RTX Corporation (NYSE:RTX) by 27.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,796,746 shares of the company’s stock after purchasing an additional 1,034,456 shares during the period. California Public Employees Retirement System’s holdings in RTX were worth $802,640,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Chiron Capital Management LLC bought a new stake in shares of RTX in the 3rd quarter valued at about $227,000. Bank of Nova Scotia raised its position in shares of RTX by 20.1% during the third quarter. Bank of Nova Scotia now owns 326,090 shares of the company’s stock worth $54,565,000 after acquiring an additional 54,672 shares during the last quarter. BNP Paribas acquired a new position in shares of RTX in the third quarter worth approximately $25,000. Boothbay Fund Management LLC lifted its stake in shares of RTX by 1,204.6% in the third quarter. Boothbay Fund Management LLC now owns 81,540 shares of the company’s stock worth $13,644,000 after acquiring an additional 75,290 shares during the period. Finally, Brass Tax Wealth Management Inc. boosted its holdings in RTX by 14.9% in the third quarter. Brass Tax Wealth Management Inc. now owns 2,753 shares of the company’s stock valued at $461,000 after acquiring an additional 358 shares during the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at RTX

In related news, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction on Monday, February 23rd. The stock was 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 $3,397,199.67. This trade represents a 43.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 transaction of $3,095,126.60. Following the completion of the sale, the executive vice president directly 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 position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 89,255 shares of company stock valued at $18,151,956. Company insiders own 0.15% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on RTX shares. Jefferies Financial Group reissued a “hold” rating on shares of RTX in a research report on Friday, March 6th. DZ Bank lowered shares of RTX from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. JPMorgan Chase & Co. increased their price objective on shares of RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. TD Cowen reissued a “buy” rating on shares of RTX in a research note on Tuesday, January 27th. Finally, UBS Group restated a “neutral” rating on shares of RTX in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average price target of $202.00.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q4 results and FY26 guide support valuation — RTX reported a quarterly EPS beat and set FY2026 EPS guidance of $6.60–$6.80, signaling healthy margin/revenue momentum that underpins the stock’s premium multiple.
• Positive Sentiment: Capacity expansion in missiles: Raytheon (an RTX business) completed a $115M, 26,000 sq ft expansion at its Redstone missile integration facility to lift integration/delivery capacity >50% and grow local headcount — this directly boosts execution capacity on high‑margin defense programs. RTX’s Raytheon completes $115 million expansion of Alabama missile integration facility
• Neutral Sentiment: Analyst stance steady — Jefferies reaffirmed a Hold and $225 price target after the DoD cleared a NASAMS sale to Egypt; that keeps a near‑term valuation ceiling but doesn’t signal downgrades. Jefferies Reaffirms Hold Rating on RTX
• Neutral Sentiment: Defense incident noted, but direct impact unclear — A KC-135 crash in Iraq is being reported; while it highlights ongoing military operations (and potential sustainment demand), it’s a developing story with no direct program implications for RTX yet. U.S. Military Confirms Loss of KC-135 Refueling Aircraft
• Neutral Sentiment: Media noise from “RTX” consumer GPU stories — Several headlines reference NVIDIA’s “RTX” GPUs (unrelated to RTX Corporation). These can create search/noise but have no material effect on RTX’s fundamentals. Transforming Data Science With NVIDIA RTX PRO 6000
• Negative Sentiment: Backlog conversion risk: analysis highlights a $268B defense backlog but warns RTX faces an engine/supply “crisis” that could slow converting orders into cash — this execution risk is a meaningful negative catalyst for near‑term cash flow and investor confidence. Munitions Burned in 100 Hours Could Fuel RTX’s Next Growth Wave
• Negative Sentiment: Recent price weakness flagged by market press — Coverage calling out a >2% daily decline notes investor profit‑taking and sensitivity to macro/defense headlines, which can amplify short‑term volatility. Here’s Why RTX Fell More Than Broader Market

RTX Trading Up 0.7%

NYSE:RTX opened at $204.54 on Friday. RTX Corporation has a 12 month low of $112.27 and a 12 month high of $214.50. 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 market capitalization of $275.31 billion, a price-to-earnings ratio of 41.24, a PEG ratio of 2.96 and a beta of 0.42. The firm has a fifty day simple moving average of $199.67 and a two-hundred day simple moving average of $180.44.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.08. The firm had revenue of $24.24 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Analysts expect that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders 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 annualized dividend and a yield of 1.3%. 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.