Comerica Bank Has $127.11 Million Stock Position in RTX Corporation $RTX

Key Points

• Comerica Bank trimmed its RTX stake by 3.2% in Q4, now holding 693,082 shares (after selling 23,210) worth about $127.11 million, making RTX its 28th-largest holding.
• Institutional investors own roughly 86.5% of RTX, while insiders have sold 89,255 shares (~$18.15 million) in the past 90 days, leaving insiders with only 0.10% ownership.
• RTX beat Q1 estimates (EPS $1.78 vs $1.52; revenue $22.08B), set FY‑2026 guidance of 6.600–6.800 EPS, and carries a consensus "Moderate Buy" with a target near $206.59; the stock trades at a PE of about 32.7 and yields ~1.6%.

Comerica Bank reduced its stake in shares of RTX Corporation (NYSE:RTX - Free Report) by 3.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 693,082 shares of the company's stock after selling 23,210 shares during the period. RTX makes up approximately 0.5% of Comerica Bank's holdings, making the stock its 28th biggest holding. Comerica Bank owned 0.05% of RTX worth $127,111,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Wealth Science Advisors LLC acquired a new stake in shares of RTX in the fourth quarter valued at approximately $1,439,000. Groupama Asset Managment acquired a new stake in shares of RTX in the third quarter valued at approximately $150,078,000. Oppenheimer & Co. Inc. raised its holdings in shares of RTX by 10.6% in the third quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company's stock valued at $28,648,000 after purchasing an additional 16,467 shares during the last quarter. Coldstream Capital Management Inc. raised its holdings in shares of RTX by 9.5% in the third quarter. Coldstream Capital Management Inc. now owns 75,321 shares of the company's stock valued at $12,604,000 after purchasing an additional 6,566 shares during the last quarter. Finally, Rockland Trust Co. raised its holdings in shares of RTX by 121.1% in the third quarter. Rockland Trust Co. now owns 20,245 shares of the company's stock valued at $3,388,000 after purchasing an additional 11,089 shares during the last quarter. 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: 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

Insiders Place Their Bets

In other RTX news, insider Shane G. Eddy sold 17,527 shares of the firm's stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the firm's stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the sale, the executive vice president directly owned 59,556 shares of the company's stock, valued at $12,242,331.36. This represents a 37.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 89,255 shares of company stock valued at $18,151,956 in the last ninety days. 0.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on RTX. Citigroup lowered their price objective on shares of RTX from $238.00 to $226.00 and set a "buy" rating on the stock in a report on Thursday, April 2nd. Morgan Stanley lowered their price objective on shares of RTX from $235.00 to $220.00 and set an "overweight" rating on the stock in a report on Wednesday, April 22nd. Wall Street Zen downgraded shares of RTX from a "strong-buy" rating to a "buy" rating in a report on Sunday. Royal Bank Of Canada lifted their price objective on shares of RTX from $220.00 to $230.00 and gave the company an "outperform" rating in a report on Wednesday, January 28th. Finally, 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 report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $206.59.

RTX Price Performance

NYSE:RTX opened at $174.42 on Monday. RTX Corporation has a 1-year low of $122.41 and a 1-year high of $214.50. 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 firm has a fifty day simple moving average of $198.96 and a 200 day simple moving average of $187.93. The stock has a market capitalization of $234.89 billion, a PE ratio of 32.72, a P/E/G ratio of 2.49 and a beta of 0.43.

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 the consensus estimate of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business had revenue of $22.08 billion during the quarter, compared to analysts' expectations of $21.38 billion. During the same period last year, the business earned $1.47 earnings per share. The firm's revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, research analysts expect that RTX Corporation will post 6.85 EPS for the current fiscal year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors 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 annualized dividend and a dividend yield of 1.6%. RTX's dividend payout ratio (DPR) is currently 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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