Advisors Capital Management LLC Acquires 8,993 Shares of RTX Corporation $RTX

Key Points

• Advisors Capital Management LLC boosted its stake in RTX by 2.3%, adding 8,993 shares to hold 407,416 shares valued at $74.72 million, making RTX 0.9% of its portfolio and its 25th largest holding.
• RTX beat Q1 estimates with $1.78 EPS vs. $1.52 expected and $22.08B revenue vs. $21.38B, and issued FY2026 guidance of $6.60–$6.80 EPS (consensus ~6.83).
• Significant insider selling occurred this quarter—insiders sold 89,255 shares worth about $18.15 million (including large sales by a VP and an EVP), leaving insiders owning just 0.10% of the stock.

Advisors Capital Management LLC increased its holdings in shares of RTX Corporation (NYSE:RTX - Free Report) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 407,416 shares of the company's stock after acquiring an additional 8,993 shares during the period. RTX makes up 0.9% of Advisors Capital Management LLC's investment portfolio, making the stock its 25th largest holding. Advisors Capital Management LLC's holdings in RTX were worth $74,720,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of RTX. BNP Paribas bought a new position in RTX during the third quarter valued at approximately $25,000. Valley Wealth Managers Inc. bought a new position in RTX during the third quarter valued at approximately $30,000. SOA Wealth Advisors LLC. lifted its position in 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 during the period. Wexford Capital LP bought a new position in RTX during the third quarter valued at approximately $33,000. Finally, Dogwood Wealth Management LLC lifted its position in RTX by 57.3% during the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company's stock valued at $34,000 after purchasing an additional 75 shares during the period. Institutional investors own 86.50% of the company's stock.

Insider Transactions at RTX

In related news, VP Kevin G. Dasilva sold 8,136 shares of the company's stock in a transaction on Friday, February 13th. The shares were sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the completion of the transaction, the vice president owned 27,102 shares in the company, valued at approximately $5,455,632.60. This represents a 23.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company'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 transaction, the executive vice president owned 59,556 shares of the company's stock, 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. Over the last quarter, insiders sold 89,255 shares of company stock valued at $18,151,956. Company insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on RTX. UBS Group lowered their price objective on shares of RTX from $209.00 to $199.00 and set a "neutral" rating on the stock in a research report on Wednesday. Robert W. Baird set a $225.00 price objective on shares of RTX in a research report on Wednesday, January 28th. Wall Street Zen cut shares of RTX from a "strong-buy" rating to a "buy" rating in a report on Sunday. Jefferies Financial Group reduced their target price on shares of RTX from $225.00 to $210.00 and set a "hold" rating for the company in a report on Monday, April 13th. Finally, DZ Bank cut shares of RTX from a "hold" rating to a "strong sell" rating in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, RTX has a consensus rating of "Moderate Buy" and a consensus price target of $206.59.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: NPS Foundation names RTX a foundational partner of the Naval Innovation Center, underscoring ongoing defense relationships and program visibility that support long‑term revenue for aerospace and defense contractors. NPS Foundation Recognizes Dell Technologies and RTX
• Positive Sentiment: Citi (via Barron's) says defense stocks can weather a big Democratic midterm win and calls recent weakness a buying opportunity — a sector-level endorsement that can help support RTX valuation. Defense Stocks Can Survive Big Win by Democrats in Midterms, Says Citi
• Positive Sentiment: Brokerage consensus remains constructive—RTX has an average rating of “Moderate Buy,” which provides analyst support under current selling pressure. RTX Receives Average Rating of "Moderate Buy"
• Neutral Sentiment: Industry comparison pieces highlight that defense spending tailwinds benefit both Lockheed and RTX; useful context but not an immediate catalyst. Lockheed Martin vs. RTX: Defense Spending Is Surging
• Neutral Sentiment: Several consumer tech/gaming stories referencing “RTX 5060/5070” are about GPU branding (NVIDIA) and not RTX Corporation; these are unlikely to affect RTX’s fundamentals. Multi-skilled RTX 5060 gaming laptop gets new coupon deal at Amazon
• Negative Sentiment: Analyst downgrade has triggered near-term selling pressure and is cited directly as causing additional downside in trading; this is the main driver of today’s weaker price action. RTX Trading Down 3.3% on Analyst Downgrade
• Negative Sentiment: Critical commentary (e.g., Seeking Alpha pieces noting investors rotating out despite solid results) may be amplifying short-term exits and sentiment risk even though results and guidance were decent. RTX: Gift Exit Despite Solid Results

RTX Stock Performance

Shares of NYSE RTX opened at $174.42 on Friday. The firm has a fifty day moving average price of $198.96 and a 200-day moving average price of $187.80. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.80. The stock has a market cap of $234.89 billion, a PE ratio of 32.72, a price-to-earnings-growth ratio of 2.58 and a beta of 0.43. RTX Corporation has a 1 year low of $122.41 and a 1 year high of $214.50.

RTX (NYSE:RTX - Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.52 by $0.26. The firm had revenue of $22.08 billion during the quarter, compared to analysts' expectations of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The company's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts anticipate that RTX Corporation will post 6.83 earnings per share for the current fiscal year.

RTX Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were paid a $0.68 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.6%. RTX's dividend payout ratio is 51.03%.

RTX 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.

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