Oppenheimer Asset Management Inc. Trims Stake in RTX Corporation $RTX

Oppenheimer Asset Management Inc. cut its position in shares of RTX Corporation (NYSE:RTX) by 5.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 483,514 shares of the company’s stock after selling 25,549 shares during the period. RTX comprises 0.9% of Oppenheimer Asset Management Inc.’s portfolio, making the stock its 18th biggest position. Oppenheimer Asset Management Inc.’s holdings in RTX were worth $80,906,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. LFA Lugano Financial Advisors SA bought a new position in RTX during the 2nd quarter worth about $29,000. Valley Wealth Managers Inc. purchased a new stake in shares of RTX in the 3rd quarter worth approximately $30,000. Access Investment Management LLC bought a new position in shares of RTX during the second quarter valued at approximately $31,000. SOA Wealth Advisors LLC. boosted its stake in shares of RTX by 57.4% during the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock valued at $32,000 after purchasing an additional 70 shares in the last quarter. Finally, Clayton Financial Group LLC purchased a new position in RTX during the third quarter valued at approximately $36,000. Institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

Shares of RTX stock opened at $198.78 on Monday. The firm has a market capitalization of $266.52 billion, a P/E ratio of 40.08, a PEG ratio of 2.87 and a beta of 0.43. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $206.48. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The company has a 50 day moving average price of $187.63 and a 200 day moving average price of $172.37.

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, topping analysts’ consensus estimates of $1.47 by $0.08. The business had revenue of $24.24 billion during 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 business’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the company posted $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Sell-side analysts expect that RTX Corporation will post 6.11 EPS for the current year.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Board declares quarterly cash dividend of $0.68 per share — this raises near-term shareholder yield and signals confidence in free cash flow, supporting demand for the stock. RTX Board of Directors Declares Quarterly Cash Dividend
• Positive Sentiment: Raytheon/RTX wins multi-year Pentagon agreements to ramp up missile and munitions production — these contracts imply revenue visibility and production ramp that support near- to mid-term growth and margin stability in the defense segment. RTX’s Raytheon lands seven-year Pentagon deal to ramp up missile production
• Neutral Sentiment: RTX is a trending stock on retail/screeners — elevated attention can add short-term volatility but doesn’t change fundamentals; monitor flows and volume. RTX Corporation (RTX) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Several headlines referencing “RTX” GPUs (Nvidia) are circulating — these relate to NVIDIA’s product line and memory-supply delays, not RTX Corporation’s defense business; they may create search/noise but are not direct fundamentals for RTX (the company). NVIDIA rumors: RTX 50 SUPER not launching this year, RTX 60 ‘Rubin’ delayed over DRAM crisis
• Negative Sentiment: White House order limits on CEO pay, dividends and buybacks for defense contractors — investors worry this policy could curb shareholder returns and capital-allocation flexibility, weighing on valuation sentiment for RTX and peers. Investors in defense stocks wary as Trump places new limits on CEO pay and dividends

Wall Street Analysts Forecast Growth

RTX has been the topic of several recent research reports. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $204.00 target price on shares of RTX in a research report on Thursday, January 29th. Bank of America upped their price objective on RTX from $175.00 to $215.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Morgan Stanley reiterated an “overweight” rating and issued a $235.00 target price on shares of RTX in a research note on Wednesday, January 28th. Wolfe Research reissued an “outperform” rating on shares of RTX in a research report on Wednesday. Finally, Vertical Research restated a “buy” rating and issued a $227.00 price target on shares of RTX in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $199.50.

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.