RTX Corporation $RTX Shares Acquired by Schroder Investment Management Group

Schroder Investment Management Group increased its holdings in RTX Corporation (NYSE:RTX) by 17.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,666,667 shares of the company’s stock after buying an additional 247,270 shares during the period. Schroder Investment Management Group owned about 0.12% of RTX worth $272,717,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in RTX. Brighton Jones LLC lifted its stake in RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after buying an additional 3,332 shares in the last quarter. Revolve Wealth Partners LLC increased its position in RTX by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after buying an additional 159 shares in the last quarter. United Bank raised its holdings in shares of RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after acquiring an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. raised its holdings in shares of RTX by 3.1% in the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after acquiring an additional 623 shares during the last quarter. Finally, KCM Investment Advisors LLC lifted its position in shares of RTX by 1.5% in the second quarter. KCM Investment Advisors LLC now owns 15,416 shares of the company’s stock valued at $2,251,000 after acquiring an additional 229 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

RTX has been the subject of a number of recent research reports. Royal Bank Of Canada lifted their price objective on RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. TD Cowen restated a “buy” rating on shares of RTX in a report on Tuesday, January 27th. Wolfe Research reiterated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Jefferies Financial Group reissued a “hold” rating on shares of RTX in a research report on Friday. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $204.00 price objective on shares of RTX in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $202.00.

RTX Stock Performance

NYSE RTX opened at $209.70 on Monday. The business’s 50-day moving average price is $197.52 and its 200 day moving average price is $178.89. RTX Corporation has a twelve month low of $112.27 and a twelve month high of $214.50. The company has a market capitalization of $281.48 billion, a PE ratio of 42.28, a price-to-earnings-growth ratio of 3.03 and a beta of 0.42. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51.

RTX (NYSE:RTX) last issued 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. RTX had a return on equity of 13.08% and a net margin of 7.60%.The firm had revenue of $24.24 billion for the quarter, compared to analyst estimates of $22.65 billion. During the same period last year, the company earned $1.54 EPS. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, research analysts predict that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 20th will be issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, February 20th. RTX’s payout ratio is presently 54.84%.

Insider Transactions at RTX

In related news, EVP Dantaya M. Williams sold 12,713 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the transaction, the executive vice president owned 16,749 shares of the company’s stock, valued at approximately $3,397,199.67. This represents a 43.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was 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 in the company, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 89,255 shares of company stock valued at $18,151,956 in the last quarter. Insiders own 0.15% of the company’s stock.

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.