Concurrent Investment Advisors LLC Grows Stock Holdings in RTX Corporation $RTX

Key Points

• Concurrent Investment Advisors boosted its stake in RTX by 54.5%, buying an additional 39,854 shares to hold 113,039 shares worth about $20.73 million as of the latest SEC filing.
• Company insiders sold heavily over the last quarter—89,255 shares totaling roughly $18.15 million—leaving insiders with just 0.10% ownership.
• RTX beat Q1 estimates, reporting $1.78 EPS vs. $1.52 expected and $22.08 billion in revenue vs. $21.38 billion, and set FY2026 guidance of $6.600–$6.800 EPS (analyst consensus ~6.83).

Concurrent Investment Advisors LLC increased its stake in shares of RTX Corporation (NYSE:RTX - Free Report) by 54.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 113,039 shares of the company's stock after buying an additional 39,854 shares during the period. Concurrent Investment Advisors LLC's holdings in RTX were worth $20,731,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Wealth Science Advisors LLC acquired a new position in RTX during the fourth quarter worth about $1,439,000. Groupama Asset Managment acquired a new position in RTX during the third quarter worth about $150,078,000. Oppenheimer & Co. Inc. raised its position in RTX by 10.6% during the third quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company's stock worth $28,648,000 after acquiring an additional 16,467 shares during the last quarter. Coldstream Capital Management Inc. raised its position in RTX by 9.5% during the third quarter. Coldstream Capital Management Inc. now owns 75,321 shares of the company's stock worth $12,604,000 after acquiring an additional 6,566 shares during the last quarter. Finally, Rockland Trust Co. raised its position in RTX by 121.1% during the third quarter. Rockland Trust Co. now owns 20,245 shares of the company's stock worth $3,388,000 after acquiring an additional 11,089 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company's stock.

Insiders Place Their Bets

In other news, EVP Ramsaran Maharajh sold 15,124 shares of the business's stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total value of $3,095,126.60. Following the completion of the transaction, the executive vice president owned 13,184 shares of the company's stock, valued at $2,698,105.60. The trade was a 53.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Shane G. Eddy sold 17,527 shares of the business's stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total transaction of $3,490,677.32. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 89,255 shares of company stock valued at $18,151,956. 0.10% of the stock is currently owned by insiders.

RTX Stock Performance

NYSE:RTX opened at $174.42 on Friday. The firm has a 50 day simple moving average of $198.96 and a 200-day simple moving average of $187.67. 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 firm has a market cap of $234.89 billion, a PE ratio of 32.72, a P/E/G 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 posted its quarterly earnings data 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 analyst estimates of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The company's revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts expect that RTX Corporation will post 6.83 EPS for the current year.

RTX Dividend Announcement

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

Key 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

Analysts Set New Price Targets

RTX has been the subject of a number of research reports. DZ Bank cut shares of RTX from a "hold" rating to a "strong sell" rating in a research report on Friday, February 6th. Morgan Stanley cut their target price on shares of RTX from $235.00 to $220.00 and set an "overweight" rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $240.00 target price on shares of RTX in a research report on Thursday, March 5th. Royal Bank Of Canada lifted 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. Finally, Melius Research upgraded shares of RTX from a "hold" rating to a "buy" rating in a research report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, RTX presently has a consensus rating of "Moderate Buy" and a consensus price target of $206.59.

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.

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