RTX Corporation $RTX Position Cut by Phoenix Financial Ltd.

Phoenix Financial Ltd. trimmed its holdings in RTX Corporation (NYSE:RTX) by 36.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,817 shares of the company’s stock after selling 3,408 shares during the quarter. Phoenix Financial Ltd.’s holdings in RTX were worth $1,066,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Milestone Asset Management Group LLC lifted its position in shares of RTX by 34.7% during the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock valued at $5,504,000 after acquiring an additional 7,738 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of RTX by 2.3% in the fourth quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock valued at $424,575,000 after purchasing an additional 53,045 shares in the last quarter. Wealth Science Advisors LLC purchased a new stake in shares of RTX in the fourth quarter valued at $1,439,000. Groupama Asset Managment purchased a new stake in shares of RTX in the third quarter valued at $150,078,000. Finally, Oppenheimer & Co. Inc. lifted its holdings in shares of RTX by 10.6% in the third quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock valued at $28,648,000 after purchasing an additional 16,467 shares in the last quarter. 86.50% of the stock is owned by institutional investors.

RTX Trading Down 2.6%

NYSE RTX opened at $171.11 on Friday. RTX Corporation has a 1-year low of $130.90 and a 1-year high of $214.50. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $230.43 billion, a PE ratio of 32.10, a price-to-earnings-growth ratio of 2.49 and a beta of 0.31. The firm’s fifty day simple moving average is $191.79 and its 200-day simple moving average is $188.74.

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

RTX Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders 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 annualized dividend and a yield of 1.7%. RTX’s dividend payout ratio (DPR) is currently 51.03%.

Analyst Ratings Changes

A number of research firms have recently issued reports on RTX. Vertical Research restated a “buy” rating and issued a $227.00 target price on shares of RTX in a report on Tuesday, January 27th. Jefferies Financial Group reduced their target price on RTX from $225.00 to $210.00 and set a “hold” rating for the company in a report on Monday, April 13th. Citigroup reduced their target price on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, JPMorgan Chase & Co. upped their price target on shares of RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $210.75.

Insiders Place Their Bets

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the transaction, the executive vice president directly owned 59,556 shares of the company’s stock, valued at $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 15,124 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the transaction, the executive vice president directly owned 13,184 shares in the company, valued at $2,698,105.60. The trade was a 53.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 63,592 shares of company stock valued at $13,023,502 over the last three months. 0.10% of the stock is currently owned by insiders.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s massive $271 billion backlog and diversified aerospace-and-defense portfolio are supporting long-term revenue visibility and order strength. Can RTX’s Massive Backlog Support Long-Term Revenue Growth?
• Positive Sentiment: RTX will get another visibility boost when Chairman and CEO Chris Calio presents at the Bernstein Strategic Decisions Conference later this month, which could help keep investor focus on execution and strategy. RTX Chairman and CEO to present at the 2026 Bernstein Strategic Decisions Conference
• Positive Sentiment: RTX remains heavily searched by investors, signaling elevated market interest ahead of upcoming catalysts and analyst commentary. Investors Heavily Search RTX Corporation (RTX): Here is What You Need to Know
• Neutral Sentiment: Analysts are sending mixed signals: at least one price target was raised to $240, but the broader debate still centers on valuation and execution risk. How The RTX (RTX) Investment Narrative Is Shifting With New Targets And Execution Questions
• Neutral Sentiment: The CEO’s conference appearance is a routine investor-relations event rather than a direct operational update, so it may have limited near-term stock impact. RTX Chairman and CEO to present at the 2026 Bernstein Strategic Decisions Conference
• Negative Sentiment: Some of the recent analyst commentary highlights execution questions and concerns that RTX’s current valuation may already reflect much of the upside, which can pressure sentiment. How The RTX (RTX) Investment Narrative Is Shifting With New Targets And Execution Questions

About RTX

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.