Resona Asset Management Co. Ltd. Has $70.37 Million Stake in RTX Corporation $RTX

Resona Asset Management Co. Ltd. reduced its holdings in RTX Corporation (NYSE:RTX) by 5.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 422,024 shares of the company’s stock after selling 23,571 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in RTX were worth $70,367,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. PFS Partners LLC increased its position in RTX by 101.1% in the 2nd quarter. PFS Partners LLC now owns 177 shares of the company’s stock worth $26,000 after buying an additional 89 shares during the period. LFA Lugano Financial Advisors SA acquired a new stake in shares of RTX in the second quarter worth $29,000. Access Investment Management LLC bought a new position in RTX during the second quarter worth $31,000. SOA Wealth Advisors LLC. increased its position in RTX by 57.4% during the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after acquiring an additional 70 shares during the period. Finally, Clayton Financial Group LLC acquired a new position in RTX during the 3rd quarter valued at $36,000. 86.50% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on RTX shares. Citigroup raised their price target 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. Sanford C. Bernstein reiterated a “market perform” rating and issued a $189.00 target price on shares of RTX in a research note on Tuesday, January 6th. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. BNP Paribas Exane started coverage on RTX in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price objective for the company. Finally, The Goldman Sachs Group lifted their price objective on RTX from $151.00 to $168.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $186.88.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Sector tailwind — Microsoft’s recent $170M Air Force cloud win highlights accelerating defense modernization and tech spending that could benefit large defense contractors like RTX as the Pentagon increases IT and systems procurement. Top 5 Defense & Aerospace Stocks After Microsoft’s $170M Air Force Win
• Positive Sentiment: Analyst focus and comparisons — Recent analyst pieces comparing RTX with peers (e.g., General Dynamics) and previewing Q4 estimates keep attention on RTX’s fundamentals and upcoming earnings, supporting investor interest. RTX vs. General Dynamics Q4 Earnings Preview
• Positive Sentiment: High investor interest — Coverage noting that RTX is among the most-searched stocks reflects strong retail and institutional attention, which can amplify moves around earnings and news. Investors Heavily Search RTX
• Neutral Sentiment: Brand/noise risk from Nvidia “RTX” stories — Multiple tech stories about Nvidia’s RTX 50-series production cuts, rebate changes, scalper-driven sellouts and scams are unrelated to RTX Corporation but can create search-driven volatility or investor confusion. Monitor headlines for any short-term noise. Report claims Nvidia ended OPP rebates Nvidia cutting RTX 50-series production
• Neutral Sentiment: Retail & media attention — Features asking whether RTX is the best S&P 500 defense stock add visibility but don’t change fundamentals; they may increase short-term trading interest. Is RTX the best defense stock?
• Negative Sentiment: Capital flows risk from European defense strength — A large European defense IPO and strong performance in that market could divert investor capital away from U.S. defense names, creating a potential headwind for RTX’s relative performance. Sell America? What Europe’s Huge IPO Says About U.S. Defense Stocks.

RTX Stock Down 0.2%

NYSE RTX opened at $195.91 on Friday. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $203.03. The company has a market capitalization of $262.67 billion, a price-to-earnings ratio of 40.23, a PEG ratio of 2.86 and a beta of 0.44. The stock’s 50 day moving average is $182.44 and its two-hundred day moving average is $168.60. The company has a current ratio of 1.07, a quick ratio of 0.81 and a debt-to-equity ratio of 0.58.

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

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Friday, November 21st were issued a dividend of $0.68 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s dividend payout ratio (DPR) is presently 55.85%.

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.