Resona Asset Management Co. Ltd. Sells 15,133 Shares of RTX Corporation $RTX

Resona Asset Management Co. Ltd. lessened its position in shares of RTX Corporation (NYSE:RTX) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 406,891 shares of the company’s stock after selling 15,133 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in RTX were worth $74,697,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of RTX. Navalign LLC purchased a new stake in RTX during the 4th quarter worth approximately $25,000. BNP Paribas purchased a new stake in RTX during the 3rd quarter worth approximately $25,000. Valley Wealth Managers Inc. purchased a new stake in RTX during the 3rd quarter worth approximately $30,000. Wexford Capital LP purchased a new stake in RTX during the 3rd quarter worth approximately $33,000. Finally, Dogwood Wealth Management LLC grew its position in RTX by 57.3% during the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon completed the preliminary design review for NASA’s Landsat Next Instrument Suite, advancing a space-sensor program that could support environmental, climate, and agricultural monitoring while reinforcing RTX’s position in government space work. RTX Expands Sensor And Software Role With Landsat Next And Naval Radar
• Positive Sentiment: RTX also won a U.S. Navy contract to further develop software-defined radar capabilities, adding to its defense backlog and highlighting demand for its next-generation naval sensing technology. RTX’s Raytheon awarded contract to further develop next-generation software-defined radar capability
• Positive Sentiment: Raytheon’s Landsat Next design-review completion and radar-software award together suggest steady execution in two core growth areas: aerospace/space systems and advanced defense electronics. RTX’s Raytheon completes design review of Landsat Next space instruments
• Neutral Sentiment: Several unrelated articles mentioning “RTX” refer to Nvidia gaming GPUs and consumer PCs, which are not connected to RTX Corporation and are unlikely to affect the stock.
• Neutral Sentiment: A market-ideas piece suggesting defense stocks could benefit from the 2026 midterms may add some sector optimism, but it is not specific to RTX’s operating results. These Stocks Could Be the Biggest Winners of the 2026 Midterms (RTX)

Insider Buying and Selling

In related news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the stock in a transaction 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 sale, the executive vice president directly owned 59,556 shares of the company’s stock, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the sale, the executive vice president directly owned 16,749 shares in the company, valued at $3,397,199.67. This trade represents a 43.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 63,592 shares of company stock valued at $13,023,502. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on RTX shares. Royal Bank Of Canada boosted their target price on shares of RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Weiss Ratings reissued a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. Jefferies Financial Group dropped their target price on shares of RTX from $225.00 to $210.00 and set a “hold” rating on the stock in a research report on Monday, April 13th. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Finally, Wolfe Research reissued an “outperform” rating on shares of RTX in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $210.75.

RTX Stock Up 2.8%

RTX stock opened at $175.93 on Tuesday. The firm’s fifty day simple moving average is $191.23 and its 200-day simple moving average is $188.79. The company has a market capitalization of $236.93 billion, a P/E ratio of 33.01, a price-to-earnings-growth ratio of 2.43 and a beta of 0.31. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. RTX Corporation has a 12 month low of $130.90 and a 12 month high of $214.50.

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

RTX Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.7%. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Friday, May 22nd. RTX’s payout ratio is currently 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.