Securian Asset Management Inc. Trims Stake in RTX Corporation $RTX

Securian Asset Management Inc. lowered its stake in shares of RTX Corporation (NYSE:RTX) by 43.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 36,458 shares of the company’s stock after selling 28,186 shares during the period. Securian Asset Management Inc.’s holdings in RTX were worth $6,686,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of RTX. Brighton Jones LLC grew its holdings in RTX by 24.3% in 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 boosted 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 worth $564,000 after purchasing an additional 159 shares during the last quarter. United Bank boosted its holdings in RTX by 68.0% in the second 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. boosted its holdings in RTX by 3.1% in the second 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, Arrowstreet Capital Limited Partnership bought a new position in RTX in the second quarter worth approximately $5,157,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on RTX shares. Jefferies Financial Group decreased their price target on shares of RTX from $225.00 to $210.00 and set a “hold” rating on the stock in a research report on Monday, April 13th. Robert W. Baird set a $225.00 price target on shares of RTX in a report on Wednesday, January 28th. Wells Fargo & Company began coverage on shares of RTX in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 target price on the stock. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Finally, Royal Bank Of Canada raised their price objective on shares of RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $206.59.

Insider Activity at RTX

In other RTX news, insider Shane G. Eddy sold 17,527 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the transaction, the executive vice president directly owned 16,749 shares of the company’s stock, valued at approximately $3,397,199.67. This represents a 43.15% decrease in their position. 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 three months. Company insiders own 0.10% of the company’s stock.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX won an $833 million U.S. Navy contract to build SeaSparrow missiles over five years, reinforcing demand for its defense portfolio and adding to its multiyear backlog. Article: Forget the Iran War. Threats from Russia and China Just Won RTX an $833 Million Missile Contract.
• Positive Sentiment: Raytheon, an RTX business, received its largest SharpSight radar order to date, and the company is also expanding defense production capacity, which could support future revenue growth and improve delivery times. Article: Will Record SharpSight Radar Order and Capacity Ramp Change RTX’s Defense Narrative?
• Positive Sentiment: Pratt & Whitney completed a fully digital assembly readiness review for the XA103 engine in the U.S. Air Force’s NGAP program, signaling progress on a high-profile advanced propulsion opportunity. Article: RTX’s Pratt & Whitney completes fully digital assembly readiness review for NGAP engine
• Positive Sentiment: Erste Group slightly raised its FY2026 EPS estimate for RTX to $6.92, suggesting analysts see stable earnings momentum near consensus expectations. Reference: RTX stock page and related analyst update
• Neutral Sentiment: RBC said higher fuel prices pose limited risk to RTX’s aerospace aftermarket business, which may ease investor worries but does not materially change the growth outlook. Article: RTX Sees Limited Risks to Aerospace Aftermarket From Higher Fuel Prices, RBC Says
• Neutral Sentiment: Zacks noted RTX has outperformed its industry over the past three months on defense contracts, sensor deliveries and factory investments, reinforcing a constructive but already recognized setup. Article: RTX Outperforms Industry in the Past 3 Months: How to Play the Stock?

RTX Price Performance

Shares of RTX opened at $176.21 on Monday. The company has a 50 day moving average price of $195.09 and a 200-day moving average price of $188.74. RTX Corporation has a fifty-two week low of $126.03 and a fifty-two week high of $214.50. The stock has a market capitalization of $237.30 billion, a PE ratio of 33.06, a PEG ratio of 2.50 and a beta of 0.31. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02.

RTX (NYSE:RTX) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the prior year, the company earned $1.47 EPS. The company’s revenue was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts predict that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 dividend on an annualized basis and a yield of 1.7%. RTX’s dividend payout ratio is currently 51.03%.

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.