Truist Financial Corp Increases Position in RTX Corporation $RTX

Truist Financial Corp grew its holdings in RTX Corporation (NYSE:RTX) by 2.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,315,021 shares of the company’s stock after acquiring an additional 53,045 shares during the quarter. Truist Financial Corp’s holdings in RTX were worth $424,575,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in RTX. BNP Paribas acquired a new position in shares of RTX during the third quarter worth about $25,000. Valley Wealth Managers Inc. acquired a new position in shares of RTX during the third quarter worth about $30,000. Wexford Capital LP acquired a new position in shares of RTX during the third quarter worth about $33,000. Dogwood Wealth Management LLC increased its stake in shares of RTX by 57.3% during the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after acquiring an additional 75 shares during the period. Finally, Imprint Wealth LLC acquired a new position in shares of RTX during the third quarter worth about $35,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Board raised the quarterly cash dividend to $0.73 (7.4% increase vs prior quarter); ex-dividend/record/payable: May 22 / May 22 / June 11. The raise supports income investors and signals cash-flow confidence. Article Title
• Positive Sentiment: Won a $206.2M Navy contract to upgrade GPS-based aircraft landing systems — a clear, near-term revenue and backlog boost in defense avionics work. Defense contracts typically support predictable revenue streams. Article Title
• Positive Sentiment: Named a global innovation leader and selected by the U.S. Space Force for missile-interceptor prototype work (the “Golden Dome” program) — positions RTX for participation in a multi‑billion missile defense initiative, lifting long‑term defense exposure and strategic importance. Article Title
• Neutral Sentiment: Coverage pieces assess Wall Street’s stance (bull/bear) on RTX—useful for gauging sentiment but not an immediate catalyst. Article Title
• Neutral Sentiment: Several headlines reference “RTX” in GPU product news (Nvidia/consumer GPU ecosystem). These are branding overlaps and generally do NOT pertain to RTX Corporation’s aerospace & defense business — they can create confusing headlines but are unlikely to move RTX Corp fundamentals. Example: Razer Blade 16 with RTX 5090. Article Title
• Negative Sentiment: A Seeking Alpha piece highlights valuation pressure — argues RTX’s strong balance sheet meets a “valuation wall,” which could limit upside and put downward pressure if investors demand lower multiples. This is a sentiment/valuation risk to watch. Article Title

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Morgan Stanley dropped their price target on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Vertical Research reiterated a “buy” rating and set a $227.00 price target on shares of RTX in a research note on Tuesday, January 27th. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Citigroup dropped their price target on shares of RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Finally, UBS Group lowered their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $206.59.

Insider Activity at RTX

In other news, EVP Ramsaran Maharajh sold 15,124 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total value of $3,095,126.60. Following the sale, the executive vice president directly owned 13,184 shares in the company, valued at $2,698,105.60. This represents a 53.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 59,556 shares in the company, valued at $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 89,255 shares of company stock valued at $18,151,956 in the last 90 days. 0.10% of the stock is owned by corporate insiders.

RTX Stock Performance

Shares of RTX stock opened at $174.20 on Monday. The stock has a fifty day moving average price of $196.65 and a 200 day moving average price of $188.35. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. The stock has a market cap of $234.60 billion, a PE ratio of 32.68, a P/E/G ratio of 2.47 and a beta of 0.31. RTX Corporation has a 1 year low of $126.03 and a 1 year high of $214.50.

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

RTX Increases Dividend

The company 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 is Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 dividend on an annualized basis and a yield of 1.7%. RTX’s dividend payout ratio (DPR) is presently 51.03%.

RTX Company 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.