Arizona State Retirement System Sells 9,799 Shares of RTX Corporation $RTX

Arizona State Retirement System decreased its position in shares of RTX Corporation (NYSE:RTX - Free Report) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 380,394 shares of the company's stock after selling 9,799 shares during the quarter. Arizona State Retirement System's holdings in RTX were worth $69,764,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company's stock worth $1,969,000 after acquiring an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company's stock valued at $564,000 after buying an additional 159 shares during the period. United Bank increased its stake in shares of RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company's stock valued at $1,490,000 after buying an additional 4,131 shares during the period. Schnieders Capital Management LLC. increased its stake 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 valued at $3,052,000 after buying an additional 623 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of RTX in the second quarter valued at approximately $5,157,000. Institutional investors own 86.50% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. UBS Group lowered their price objective on RTX from $209.00 to $199.00 and set a "neutral" rating for the company in a research note on Wednesday. Susquehanna reaffirmed a "positive" rating and issued a $230.00 price objective on shares of RTX in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $204.00 price objective on shares of RTX in a research note on Thursday, January 29th. Finally, JPMorgan Chase & Co. upped their price objective on RTX from $200.00 to $215.00 and gave the company an "overweight" rating in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $202.28.

Insider Buying and Selling at RTX

In other RTX news, 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 of the company's stock, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Kevin G. Dasilva sold 8,136 shares of the stock in a transaction that occurred 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 sale, the vice president directly owned 27,102 shares of the company's stock, valued at $5,455,632.60. This represents a 23.09% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 89,255 shares of company stock worth $18,151,956. Company insiders own 0.10% of the company's stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q1 beat with raised guidance: RTX reported revenue of $22.08B and $1.78 EPS, edged past estimates and nudged full‑year guidance higher — this underpins the long‑term defense demand story. RTX: Disappointing Beat And Raise Provides Buy Opportunity
• Positive Sentiment: Capacity investment: Pratt & Whitney (RTX) is investing $100M to expand engine production in Poland — bolsters medium‑term commercial and military engine delivery capability. Pratt & Whitney invests $100 million in Poland
• Positive Sentiment: Sell‑side support remains: Several analysts still see upside (Morgan Stanley remains overweight despite trimming its target), and recent sell‑side commentary highlights a multiyear backlog and cash‑flow potential. Analyst price target changes
• Neutral Sentiment: Deep‑dive takes: Coverage notes strong defense outperformance but also flags supply‑chain, tariff and commercial aviation headwinds — useful context but no immediate binary catalyst. RTX Q1 Deep Dive
• Neutral Sentiment: Competitive landscape: Analysts compare RTX to Lockheed Martin as broader defense budgets swell — both stand to benefit, but investor preference between peers can shift flows. Lockheed Martin vs. RTX
• Negative Sentiment: Market punished the stock: Despite the beat and a modest guidance raise, shares sold off because the upgrades fell short of some analysts’ expectations — short‑term sentiment turned negative. RTX down after raise
• Negative Sentiment: Analyst target cuts and cautious notes: UBS trimmed its price target to $199 and assigned a neutral rating; other shops pared targets — reduces immediate upside expectations. UBS lowers price target
• Negative Sentiment: Commercial aerospace concerns: Bank of America and others flagged the commercial aviation outlook as a restraint, a key reason some investors see near‑term risk despite defense tailwinds. BofA: Q1 strength overshadowed by commercial aero concerns

RTX Stock Performance

NYSE:RTX opened at $179.47 on Friday. The company has a market capitalization of $241.68 billion, a PE ratio of 33.67, a P/E/G ratio of 2.61 and a beta of 0.43. The company has a 50 day simple moving average of $199.47 and a two-hundred day simple moving average of $187.63. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.80 and a current ratio of 1.02. RTX Corporation has a fifty-two week low of $119.51 and a fifty-two week high of $214.50.

RTX (NYSE:RTX - Get Free Report) last released its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating analysts' consensus estimates of $1.52 by $0.26. The business had revenue of $22.08 billion during 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 company's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts anticipate that RTX Corporation will post 6.81 earnings per share for the current year.

RTX Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, February 20th. RTX's dividend payout ratio is currently 51.03%.

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.

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