Lockheed Martin Investment Management Co. Sells 2,930 Shares of RTX Corporation $RTX

Lockheed Martin Investment Management Co. decreased its holdings in RTX Corporation (NYSE:RTX) by 3.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 79,210 shares of the company’s stock after selling 2,930 shares during the quarter. Lockheed Martin Investment Management Co.’s holdings in RTX were worth $13,254,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RTX. Vanguard Group Inc. grew its holdings in RTX by 1.9% during 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. State Street Corp boosted its holdings in RTX by 0.5% during the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after purchasing an additional 552,009 shares during the last quarter. Fisher Asset Management LLC increased its stake in RTX by 4.2% in the 2nd quarter. Fisher Asset Management LLC now owns 20,599,190 shares of the company’s stock valued at $3,007,894,000 after buying an additional 837,268 shares during the last quarter. Norges Bank bought a new position in shares of RTX during the 2nd quarter worth approximately $2,359,602,000. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of RTX by 9.3% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock worth $2,330,215,000 after buying an additional 1,361,071 shares during the last quarter. 86.50% of the stock is owned by institutional investors.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace (an RTX unit) signed three-year parts distribution agreements to support C-130 wheels and brakes — positive for recurring aftermarket revenue, logistics reach and defense sustainment exposure. RTX Collins Aerospace parts distribution agreements
• Positive Sentiment: Broader defense modernization continues: coverage noting Microsoft’s $170M Air Force cloud contract highlights a wave of Pentagon tech spending that benefits major defense primes like RTX through platform modernizations and increased program budgets. Top 5 Defense & Aerospace Stocks After Microsoft’s $170M Air Force Win
• Positive Sentiment: Analyst/features asking whether RTX is the best S&P 500 defense pick raise investor interest and can support multiple rerating catalysts if the company delivers on margins and backlog execution. Is RTX the best defense stock to buy in the S&P 500?
• Neutral Sentiment: Wall Street pre-earnings previews list Q4 top/bottom-line estimates and key metric projections — useful for near-term guidance risk but not new company-specific catalysts. Gear Up for RTX Q4 Earnings
• Neutral Sentiment: Comparative analysis versus General Dynamics highlights RTX’s growth runway and valuation trade-offs; useful for positioning but not an immediate price driver. RTX vs. General Dynamics analysis
• Neutral Sentiment: Higher retail/investor search interest in RTX is noted — can boost volume/volatility around the earnings release but doesn’t change fundamentals. Investors Heavily Search RTX
• Neutral Sentiment: Several tech headlines about “RTX” GPU production (Nvidia) and related scams/scalper stories are creating noise and search confusion for retail traders but are unrelated to RTX Corporation’s aerospace & defense fundamentals. Nvidia cutting RTX 50-series production
• Negative Sentiment: Pre-earnings commentary warns of tariff pressures on margins and guidance risk; these near-term headwinds and any disappointing Q4 guidance could weigh on the stock. Should You Buy, Hold or Sell RTX Ahead of Q4 Earnings?

Wall Street Analysts Forecast Growth

A number of analysts recently commented on RTX shares. The Goldman Sachs Group increased their price target on RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. BNP Paribas Exane started coverage on RTX in a research report on Tuesday, November 18th. They set an “outperform” rating and a $210.00 target price for the company. Bank of America increased their price target on shares of RTX from $175.00 to $215.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Citigroup lifted their price objective on shares of RTX from $211.00 to $227.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Finally, Morgan Stanley set a $215.00 target price on shares of RTX and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, RTX has a consensus rating of “Moderate Buy” and an average target price of $186.88.

RTX Stock Performance

Shares of RTX opened at $196.31 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.81 and a current ratio of 1.07. The stock has a market capitalization of $263.21 billion, a price-to-earnings ratio of 40.31, a price-to-earnings-growth ratio of 2.87 and a beta of 0.44. RTX Corporation has a 52-week low of $112.27 and a 52-week high of $203.03. The stock’s 50-day simple moving average is $182.03 and its 200 day simple moving average is $168.25.

RTX (NYSE:RTX) last announced its quarterly earnings results on Tuesday, October 21st. The company reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.29. The firm had revenue of $22.48 billion for the quarter, compared to the consensus estimate of $21.26 billion. RTX had a net margin of 7.67% and a return on equity of 13.28%. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.45 earnings per share. Research analysts forecast that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Friday, November 21st were issued a $0.68 dividend. The ex-dividend date of this dividend was Friday, November 21st. This represents a $2.72 annualized dividend and a dividend yield of 1.4%. RTX’s dividend payout ratio is presently 55.85%.

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.