Lombard Odier Asset Management USA Corp raised its holdings in RTX Corporation (NYSE:RTX – Free Report) by 74.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 17,174 shares of the company’s stock after buying an additional 7,344 shares during the quarter. Lombard Odier Asset Management USA Corp’s holdings in RTX were worth $2,874,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in RTX. Norges Bank purchased a new stake in shares of RTX in the 2nd quarter worth about $2,359,602,000. Laurel Wealth Advisors LLC increased its position in shares of RTX by 14,974.7% during the second quarter. Laurel Wealth Advisors LLC now owns 3,598,943 shares of the company’s stock valued at $525,518,000 after buying an additional 3,575,069 shares during the period. Vanguard Group Inc. raised its stake in RTX by 1.9% in the second quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock worth $17,825,353,000 after buying an additional 2,238,247 shares in the last quarter. California Public Employees Retirement System raised its stake in RTX by 27.5% in the third quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock worth $802,640,000 after buying an additional 1,034,456 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in RTX by 97.1% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,927,305 shares of the company’s stock worth $281,425,000 after buying an additional 949,328 shares during the period. 86.50% of the stock is owned by hedge funds and other institutional investors.
RTX Stock Performance
RTX stock opened at $206.10 on Tuesday. The stock’s 50 day simple moving average is $200.02 and its 200 day simple moving average is $180.91. 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 Corporation has a 12-month low of $112.27 and a 12-month high of $214.50. The stock has a market capitalization of $277.40 billion, a PE ratio of 41.55, a price-to-earnings-growth ratio of 2.96 and a beta of 0.42.
RTX Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 20th will be issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, February 20th. RTX’s dividend payout ratio (DPR) is presently 54.84%.
Insiders Place Their Bets
In other news, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the sale, the executive vice president owned 16,749 shares of the company’s stock, valued at $3,397,199.67. This trade represents a 43.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Kevin G. Dasilva sold 8,136 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 89,255 shares of company stock worth $18,151,956 in the last quarter. Insiders own 0.10% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have weighed in on RTX shares. Vertical Research reiterated a “buy” rating and set a $227.00 target price on shares of RTX in a report on Tuesday, January 27th. Susquehanna restated a “positive” rating and issued a $230.00 target price on shares of RTX in a research note on Thursday, January 15th. Weiss Ratings restated a “buy (b-)” rating on shares of RTX in a research report on Monday, December 29th. Royal Bank Of Canada increased their price objective on RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $240.00 price objective on shares of RTX in a research report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and an average price target of $202.00.
Check Out Our Latest Research Report on RTX
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Defense tailwinds — coverage arguing that a U.S. missile shortage and higher Pentagon commitments position RTX to ramp Tomahawk and interceptor production, supporting backlog, margin recovery and upward revisions to revenue and EPS. America’s Missiles Shortage Changes Everything For The Stock
- Positive Sentiment: Longer-term upside from increased missile production — analysis suggests production could more than double and drive material revenue growth after capacity expansions, with raised price targets and continued buy-side support. RTX: Quadrupling Missile Production Could Drive Further Upside
- Positive Sentiment: Collins Aerospace (an RTX unit) initiated hybrid‑electric powertrain testing for the EU Clean Aviation SWITCH project — a technology validation that supports long-term aerospace product pipeline and green aviation exposure. RTX’s Collins Aerospace initiates powertrain testing for Clean Aviation SWITCH project at the Grid
- Positive Sentiment: Analyst support — Morgan Stanley and other broker commentary reiterating overweight/positive views and mid‑$200s price targets contributes to bullish sentiment and potential upside. Analysts See 11% Upside To RTX Corporation (RTX)
- Neutral Sentiment: Valuation/momentum debate — analysts and note pieces point to recent strong multi‑quarter returns and mixed fair‑value signals; this fuels active trading but is not a new fundamental catalyst. Assessing RTX (NYSE:RTX) Valuation After Recent Share Price Momentum And Mixed Fair Value Signals
- Neutral Sentiment: NVIDIA GPU headlines and heavy discounts on “RTX 50/5080” PCs are driving broader market chatter; these stories refer to NVIDIA’s GeForce RTX product line, not RTX Corporation, so they create headline noise rather than company-specific impact. NVIDIA announces DLSS 5 with photorealistic lighting to change the future of gaming
- Negative Sentiment: Ticker/brand confusion and speculative crypto noise — unrelated projects using the “RTX” token (crypto presales) can create retail-driven volatility and misinformation risks. Remittix Has Real Utility As Dogecoin & Pepe Traders Snap Up $RTX Tokens As Presale Set To End
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.
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