Crossmark Global Holdings Inc. Grows Stake in RTX Corporation $RTX

Key Points

• Crossmark stake jump: Crossmark Global Holdings raised its RTX position by 222.5% in Q3 to 119,519 shares, worth about $19.999 million after adding 82,459 shares.
• Stronger-than-expected quarter and guidance: RTX reported $1.55 EPS (vs. $1.47 expected) and $24.24B revenue (vs. $22.65B expected) and set FY‑2026 guidance of $6.60–$6.80 EPS.
• Analyst consensus and insider selling: Brokers give RTX a "Moderate Buy" consensus with a $202 price target, while insiders have sold roughly 89,255 shares (~$18.15M) in the past 90 days.

Crossmark Global Holdings Inc. lifted its stake in shares of RTX Corporation (NYSE:RTX - Free Report) by 222.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 119,519 shares of the company's stock after purchasing an additional 82,459 shares during the period. Crossmark Global Holdings Inc.'s holdings in RTX were worth $19,999,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Brighton Jones LLC grew its stake in shares of RTX by 24.3% during the 4th 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 period. Revolve Wealth Partners LLC lifted its holdings in RTX by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company's stock valued at $564,000 after purchasing an additional 159 shares during the last quarter. United Bank boosted its position in RTX by 68.0% during the second quarter. United Bank now owns 10,202 shares of the company's stock worth $1,490,000 after purchasing 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 worth $3,052,000 after purchasing an additional 623 shares in the last quarter. Finally, Crestwood Advisors Group LLC increased its stake in shares of RTX by 2.7% in the second quarter. Crestwood Advisors Group LLC now owns 26,694 shares of the company's stock worth $3,898,000 after purchasing an additional 709 shares in the last quarter. Institutional investors own 86.50% of the company's stock.

Wall Street Analyst Weigh In

RTX has been the subject of several analyst reports. Jefferies Financial Group reaffirmed a "hold" rating and issued a $225.00 price objective on shares of RTX in a report on Wednesday, January 28th. BNP Paribas Exane started coverage on RTX in a research report on Tuesday, November 18th. They issued an "outperform" rating and a $210.00 price target for the company. Sanford C. Bernstein reiterated a "market perform" rating and set a $204.00 price objective on shares of RTX in a research note on Thursday, January 29th. Wolfe Research restated an "outperform" rating on shares of RTX in a research note on Wednesday, February 4th. Finally, UBS Group reaffirmed a "neutral" rating on shares of RTX in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $202.00.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Renewed global interest in air and missile defense is boosting demand for RTX’s Patriot and related systems; new orders linked to the UAE and broader procurement reviews are drawing investor attention. Read More.
• Positive Sentiment: The White House has scheduled a Mar. 6 meeting to address shrinking U.S. munitions stockpiles — a policy-level focus that could lead to increased production contracts and direct opportunities for RTX’s defense businesses. Read More.
• Positive Sentiment: RTX is actively pitching technology for the FAA’s $12.5B air‑traffic control modernisation and seeks a larger role in that program, which would be a multi‑year revenue stream if awarded. Read More.
• Positive Sentiment: The company reported progress on sustainable aviation, including a full‑power run of a hybrid‑electric propulsion system — evidence of growth and diversification beyond traditional defense and aerospace segments. Read More.
• Neutral Sentiment: Brokerage coverage remains constructive — RTX has a consensus “Moderate Buy” from brokerages and several analysts/asset managers (including Gabelli write‑ups) are highlighting the defense sector’s multi‑year structural tailwinds. Read More.
• Neutral Sentiment: RTX is getting increased media and retail investor attention (Zacks, Seeking Alpha, Yahoo market chatter), which can amplify short‑term volatility even when fundamentals remain intact. Read More.
• Neutral Sentiment: Numerous headlines referencing “RTX” relate to Nvidia GPU product leaks and restocks — these are unrelated to RTX Corporation but can create headline noise and search confusion for investors. Read More.
• Negative Sentiment: Despite the positive catalysts, shares are pulling back today — likely reflecting short‑term profit‑taking after recent gains and general market risk‑off sentiment while investors await concrete contract awards or policy actions from the upcoming White House meeting.

RTX Price Performance

RTX stock opened at $203.95 on Friday. The stock has a market cap of $273.76 billion, a price-to-earnings ratio of 41.12, a PEG ratio of 3.02 and a beta of 0.42. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The business has a 50-day simple moving average of $197.03 and a 200 day simple moving average of $178.18. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $214.50.

RTX (NYSE:RTX - Get Free Report) last released its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.08. RTX had a return on equity of 13.08% and a net margin of 7.60%.The firm had revenue of $24.24 billion for the quarter, compared to analysts' expectations of $22.65 billion. During the same quarter last year, the firm posted $1.54 EPS. The company's revenue was up 12.1% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, research analysts forecast that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 20th will be issued a $0.68 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.3%. RTX's dividend payout ratio is presently 54.84%.

Insider Activity

In other RTX news, insider Shane G. Eddy sold 17,527 shares of the firm's stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of RTX stock in a transaction dated Thursday, February 19th. The stock was 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 approximately $12,242,331.36. This trade represents a 37.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 89,255 shares of company stock worth $18,151,956. Corporate insiders own 0.15% of the company's stock.

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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