Horizon Investments LLC Sells 7,391 Shares of RTX Corporation $RTX

Horizon Investments LLC trimmed its holdings in shares of RTX Corporation (NYSE:RTX - Free Report) by 9.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 72,701 shares of the company's stock after selling 7,391 shares during the period. Horizon Investments LLC's holdings in RTX were worth $13,333,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in RTX. LeConte Wealth Management LLC raised its stake in RTX by 2.3% during the fourth quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company's stock valued at $412,000 after buying an additional 51 shares during the last quarter. Rydar Equities Inc. grew its stake in shares of RTX by 0.4% in the fourth quarter. Rydar Equities Inc. now owns 13,524 shares of the company's stock worth $2,480,000 after acquiring an additional 52 shares during the last quarter. Howard Capital Management Inc. increased its holdings in shares of RTX by 0.4% during the fourth quarter. Howard Capital Management Inc. now owns 12,340 shares of the company's stock valued at $2,263,000 after acquiring an additional 53 shares in the last quarter. Purus Wealth Management LLC increased its holdings in shares of RTX by 0.4% during the fourth quarter. Purus Wealth Management LLC now owns 14,722 shares of the company's stock valued at $2,700,000 after acquiring an additional 53 shares in the last quarter. Finally, Innova Wealth Partners raised its position in shares of RTX by 3.5% in the 4th quarter. Innova Wealth Partners now owns 1,597 shares of the company's stock worth $293,000 after purchasing an additional 54 shares during the last quarter. 86.50% of the stock is owned by institutional investors.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Board raised the quarterly cash dividend to $0.73 (7.4% increase vs prior quarter); ex-dividend/record/payable: May 22 / May 22 / June 11. The raise supports income investors and signals cash-flow confidence. Article Title
• Positive Sentiment: Won a $206.2M Navy contract to upgrade GPS-based aircraft landing systems — a clear, near-term revenue and backlog boost in defense avionics work. Defense contracts typically support predictable revenue streams. Article Title
• Positive Sentiment: Named a global innovation leader and selected by the U.S. Space Force for missile-interceptor prototype work (the “Golden Dome” program) — positions RTX for participation in a multi‑billion missile defense initiative, lifting long‑term defense exposure and strategic importance. Article Title
• Neutral Sentiment: Coverage pieces assess Wall Street’s stance (bull/bear) on RTX—useful for gauging sentiment but not an immediate catalyst. Article Title
• Neutral Sentiment: Several headlines reference “RTX” in GPU product news (Nvidia/consumer GPU ecosystem). These are branding overlaps and generally do NOT pertain to RTX Corporation’s aerospace & defense business — they can create confusing headlines but are unlikely to move RTX Corp fundamentals. Example: Razer Blade 16 with RTX 5090. Article Title
• Negative Sentiment: A Seeking Alpha piece highlights valuation pressure — argues RTX’s strong balance sheet meets a “valuation wall,” which could limit upside and put downward pressure if investors demand lower multiples. This is a sentiment/valuation risk to watch. Article Title

Insider Buying and Selling at RTX

In related news, EVP Ramsaran Maharajh sold 15,124 shares of RTX stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total value of $3,095,126.60. Following the completion of the sale, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Shane G. Eddy sold 17,527 shares of the company's stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 89,255 shares of company stock worth $18,151,956. 0.10% of the stock is owned by corporate insiders.

RTX Price Performance

Shares of NYSE:RTX opened at $174.20 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. The firm has a market cap of $234.60 billion, a price-to-earnings ratio of 32.68, a price-to-earnings-growth ratio of 2.50 and a beta of 0.31. The business has a 50-day simple moving average of $196.65 and a two-hundred day simple moving average of $187.94. RTX Corporation has a fifty-two week low of $126.03 and a fifty-two week high of $214.50.

RTX (NYSE:RTX - Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. During the same quarter last year, the firm posted $1.47 EPS. The business's quarterly revenue was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, analysts expect that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be given a $0.73 dividend. This is a boost from RTX's previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 1.7%. RTX's payout ratio is presently 51.03%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on RTX. Susquehanna reissued a "positive" rating and set a $230.00 price objective on shares of RTX in a research report on Thursday, January 15th. Wells Fargo & Company began coverage on shares of RTX in a report on Wednesday, April 1st. They issued an "equal weight" rating and a $200.00 target price for the company. Jefferies Financial Group cut their price target on shares of RTX from $225.00 to $210.00 and set a "hold" rating on the stock in a report on Monday, April 13th. Melius Research raised shares of RTX from a "hold" rating to a "buy" rating in a research report on Thursday, April 2nd. Finally, Wolfe Research restated an "outperform" rating on shares of RTX in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $206.59.

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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