Rathbones Group PLC Has $151.25 Million Holdings in RTX Corporation $RTX

Rathbones Group PLC cut its holdings in RTX Corporation (NYSE:RTX) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 824,699 shares of the company’s stock after selling 14,002 shares during the quarter. Rathbones Group PLC’s holdings in RTX were worth $151,250,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in RTX. Milestone Asset Management Group LLC raised its position in shares of RTX by 34.7% during the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after purchasing an additional 7,738 shares during the period. Truist Financial Corp grew its holdings in RTX by 2.3% during the fourth quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after buying an additional 53,045 shares in the last quarter. Wealth Science Advisors LLC bought a new stake in RTX during the fourth quarter worth $1,439,000. Groupama Asset Managment bought a new stake in RTX during the third quarter worth $150,078,000. Finally, Oppenheimer & Co. Inc. grew its holdings in RTX by 10.6% during the third quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock worth $28,648,000 after buying an additional 16,467 shares in the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

RTX Stock Up 0.2%

Shares of NYSE:RTX opened at $174.82 on Thursday. The company has a market capitalization of $235.43 billion, a PE ratio of 32.80, a price-to-earnings-growth ratio of 2.47 and a beta of 0.31. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The business has a fifty day moving average price of $189.86 and a two-hundred day moving average price of $188.76. RTX Corporation has a 1 year low of $130.90 and a 1 year high of $214.50.

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

RTX Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Robert W. Baird set a $225.00 price objective on RTX in a research note on Wednesday, January 28th. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Jefferies Financial Group reduced their price objective on RTX from $225.00 to $210.00 and set a “hold” rating for the company in a research note on Monday, April 13th. Finally, JPMorgan Chase & Co. upped their price objective on RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $210.75.

Insider Buying and Selling at RTX

In other 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 transaction of $2,578,577.79. Following the completion of the transaction, the executive vice president owned 16,749 shares in the company, valued at approximately $3,397,199.67. This represents a 43.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.10% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s BBN Technologies demonstrated PACE4ACE, an auto-switching system that keeps critical data flowing in jammed or fragmented battlefield networks, highlighting the company’s ability to win funded defense R&D work and expand its communications portfolio. RTX’s BBN Technologies unveils auto-switching system that keeps critical data alive
• Positive Sentiment: RTX won an ONR contract to develop multiplexing radar software, adding to recent signs that its software-defined radar efforts could support future Navy and Marine Corps systems and open more defense revenue opportunities. RTX Wins ONR Contract To Develop Multiplexing Radar Software
• Neutral Sentiment: Analyst sentiment remains constructive, with RTX Corporation receiving an average “Moderate Buy” rating from brokerages, which supports the stock but is not a new fundamental catalyst. RTX Corporation (NYSE:RTX) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Several headlines about “RTX” gaming laptops and GeForce graphics cards reference Nvidia-branded consumer products, not RTX Corporation, so they are unlikely to have a meaningful direct impact on the stock.

RTX 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.