Phraction Management LLC Reduces Holdings in RTX Corporation $RTX

Phraction Management LLC trimmed its stake in RTX Corporation (NYSE:RTX) by 6.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 64,690 shares of the company’s stock after selling 4,378 shares during the period. RTX accounts for approximately 3.2% of Phraction Management LLC’s portfolio, making the stock its 12th biggest position. Phraction Management LLC’s holdings in RTX were worth $11,864,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Chicago Capital LLC grew its position in RTX by 0.6% during the 4th quarter. Chicago Capital LLC now owns 42,686 shares of the company’s stock worth $7,829,000 after purchasing an additional 257 shares during the last quarter. Lakewood Asset Management LLC boosted its holdings in shares of RTX by 0.6% in the fourth quarter. Lakewood Asset Management LLC now owns 20,796 shares of the company’s stock valued at $3,814,000 after acquiring an additional 125 shares in the last quarter. Moss Adams Wealth Advisors LLC boosted its holdings in shares of RTX by 2.3% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 5,768 shares of the company’s stock valued at $1,058,000 after acquiring an additional 129 shares in the last quarter. Merit Financial Group LLC lifted its stake in shares of RTX by 6.5% in the fourth quarter. Merit Financial Group LLC now owns 112,240 shares of the company’s stock valued at $20,585,000 after purchasing an additional 6,811 shares during the period. Finally, AE Wealth Management LLC lifted its stake in shares of RTX by 95.5% in the fourth quarter. AE Wealth Management LLC now owns 218,049 shares of the company’s stock valued at $39,991,000 after purchasing an additional 106,505 shares during the period. 86.50% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Pratt & Whitney’s GTF Advantage engine received EASA certification for the Airbus A320neo family, clearing the way for production deliveries and entry-into-service in Europe — a commercial aviation win that supports aftermarket and engine-revenue cadence. EASA Certification
• Positive Sentiment: Pratt & Whitney (an RTX business) was announced as the propulsion provider for Northrop Grumman’s YFQ-48A Talon Blue autonomous wingman — a program tie that could drive future engine and sustainment revenue in the collaborative combat aircraft space. Pratt & Whitney Powers YFQ-48A
• Positive Sentiment: Pratt & Whitney Canada launched new PT6C-67C and PW127XT MRO services in Singapore, expanding regional aftermarket support for helicopters and turboprops — a recurring revenue opportunity that strengthens Asia-Pacific service footprint. MRO Services Singapore
• Positive Sentiment: Raytheon’s RAIVEN staring sensor completed a first flight test on a UH-60 Black Hawk — a defense-electronics milestone that validates a next‑generation sensor product and supports Raytheon’s growth narrative in sensing and targeting. RAIVEN Flight Test
• Positive Sentiment: Collins Aerospace won a role to supply key systems for Bell’s MV-75 FLRAA; plus broader reporting of Pentagon interest in mobilizing industrial capacity and new missile awards, both of which point to elevated defense spend that favors RTX’s portfolio and aftermarket. Collins Aerospace Win
• Neutral Sentiment: RTX reports Q1 results before markets open on April 21; previews and analyst metric projections are driving positioning — the print will determine whether elevated defense demand from geopolitics and commercial aerospace backlog translate into beatable results. Q1 Preview
• Neutral Sentiment: Analyst notes and a valuation check highlight product milestones (RAIVEN test, engine certification) but also show the stock has pulled back modestly in the last 30 days; investors are balancing good news against a still-rich multiple. Valuation Check
• Neutral Sentiment: Several tech/gaming stories reference “RTX” in GPU branding (NVIDIA/GeForce, MSI laptops) — these are unrelated to RTX Corporation but can create headlines that confuse retail flows. MSI/RTX GPU Coverage
• Negative Sentiment: Near-term risk: tough year‑over‑year comps for commercial aerospace revenue and a relatively high P/E leave little room for a weak print; any earnings or guidance shortfall on April 21 could pressure the stock. Analyst Projections

RTX Price Performance

RTX opened at $196.50 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. RTX Corporation has a 52-week low of $112.63 and a 52-week high of $214.50. The company has a 50 day moving average of $200.39 and a two-hundred day moving average of $187.11. The company has a market cap of $264.49 billion, a P/E ratio of 39.62, a P/E/G ratio of 2.84 and a beta of 0.43.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) 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 analysts’ expectations of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, analysts expect that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, February 20th. RTX’s dividend payout ratio is 54.84%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on RTX. Citigroup reduced their price objective on shares of RTX from $238.00 to $226.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 target price on shares of RTX in a research report on Thursday, March 5th. Weiss Ratings reissued a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. Wells Fargo & Company assumed coverage on shares of RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 target price for the company. Finally, Wall Street Zen upgraded shares of RTX from a “buy” rating to a “strong-buy” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $203.61.

Insider Buying and Selling at RTX

In other news, EVP Ramsaran Maharajh sold 15,124 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president owned 13,184 shares in the company, valued at approximately $2,698,105.60. This represents a 53.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Shane G. Eddy sold 17,527 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $199.16, for a total transaction of $3,490,677.32. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 89,255 shares of company stock valued at $18,151,956. Corporate insiders own 0.10% of the company’s stock.

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.