RTX Corporation $RTX Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in RTX Corporation (NYSE:RTXFree Report) by 5.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,856,214 shares of the company’s stock after acquiring an additional 155,766 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in RTX were worth $534,826,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. AssuredPartners Investment Advisors LLC raised its holdings in shares of RTX by 4.4% during the fourth quarter. AssuredPartners Investment Advisors LLC now owns 2,939 shares of the company’s stock valued at $539,000 after acquiring an additional 123 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of RTX by 1.2% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 172,260 shares of the company’s stock valued at $31,592,000 after purchasing an additional 1,982 shares in the last quarter. Garner Asset Management Corp boosted its position in shares of RTX by 10.7% in the fourth quarter. Garner Asset Management Corp now owns 4,829 shares of the company’s stock worth $886,000 after buying an additional 467 shares during the period. Alpha Cubed Investments LLC raised its position in RTX by 0.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock valued at $2,700,000 after buying an additional 50 shares during the period. Finally, Cresta Advisors Ltd. purchased a new stake in RTX in the 4th quarter worth about $99,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insider Activity at RTX

In other news, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $201.30, for a total value of $1,637,776.80. Following the transaction, the vice president owned 27,102 shares of the company’s stock, valued at $5,455,632.60. This trade represents a 23.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the business’s stock in a transaction 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 completion of the sale, the executive vice president owned 59,556 shares of the company’s stock, valued at $12,242,331.36. The trade was a 37.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 89,255 shares of company stock valued at $18,151,956. 0.10% of the stock is owned by company insiders.

RTX Trading Down 0.0%

Shares of NYSE:RTX opened at $172.85 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $232.77 billion, a PE ratio of 32.43, a P/E/G ratio of 2.45 and a beta of 0.31. RTX Corporation has a 1 year low of $126.03 and a 1 year high of $214.50. The firm has a fifty day moving average price of $196.01 and a 200 day moving average price of $188.46.

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

RTX Increases Dividend

The business 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 of this dividend is Friday, May 22nd. This is an increase 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 currently 51.03%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on RTX. Royal Bank Of Canada upped their target price on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Citigroup dropped their price objective 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. Susquehanna reissued a “positive” rating and set a $230.00 target price on shares of RTX in a research note on Thursday, January 15th. Robert W. Baird set a $225.00 price objective on RTX in a report on Wednesday, January 28th. Finally, UBS Group lowered their target price on RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $206.59.

View Our Latest Analysis on RTX

RTX News Summary

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: Geopolitical and policy actions (Project Freedom + $8.6B arms sale) are routing new, explicit demand to major defense contractors; MarketBeat highlights RTX as a primary beneficiary with a reported $4.01B Patriot order and a large backlog that underpins revenue visibility. The Hormuz Defense Hedge: Cashing In On Chaos
  • Positive Sentiment: Recent news of U.S. Navy intercepts of Iranian cruise missiles has lifted attention on missile-defense names; commentators and screens are flagging RTX as a stock to watch given its missile-defense exposure and program wins. U.S. Navy intercepts Iranian cruise missiles — 4 defense stocks to watch today
  • Positive Sentiment: High-profile bullish commentary: Jim Cramer publicly called RTX a “monster” buy and said he’d buy aggressively, which can spur retail/income investors to add shares (Cramer also pointed to the recent dividend raise). Jim Cramer Calls RTX A ‘Monster’ Right Here, Aurora A ‘Worthy’ Spec
  • Neutral Sentiment: Multiple consumer-tech headlines referencing “RTX” GPUs (NVIDIA brand) — e.g., mid-range GPU comparisons — are creating ticker confusion in newsfeeds but have little direct impact on RTX Corporation’s aerospace and defense fundamentals. RTX 5070 vs RX 9070 XT mid-range GPU battle
  • Neutral Sentiment: Consumer PC/GPU promotions and retailer stories (Razer adding RTX 5090 options; Amazon discounts on RTX 5070 Ti systems) are relevant to Nvidia and retail demand, not RTX Corp, and may add short?term noise to searches and sentiment. Razer upgrades Blade 16 with 64GB RAM and RTX 5090 options
  • Negative Sentiment: MarketBeat also flags structural headwinds — supply-chain fragility, titanium costs and skilled?labor shortages — that can slow how quickly RTX converts backlog into revenue, tempering upside despite strong order flow. The Hormuz Defense Hedge: Cashing In On Chaos

RTX Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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