Legal & General Group Plc Acquires 846,656 Shares of RTX Corporation $RTX

Key Points

• Legal & General Group Plc increased its stake in RTX by 13.4% in Q3, acquiring 846,656 shares to hold 7,167,501 shares valued at about $1.199 billion (≈0.53% of the company).
• RTX reported a quarterly EPS beat ($1.55 vs. $1.47) and revenue beat ($24.24B vs. $22.65B), set FY‑2026 guidance of 6.60–6.80 EPS, and announced a $0.68 quarterly dividend (≈1.3% yield).
• Insiders have sold 89,255 shares (~$18.15M) over the past 90 days, lowering insider ownership to 0.15%, while analysts hold a consensus "Moderate Buy" rating with a $202 average price target amid mixed individual ratings.

Legal & General Group Plc grew its holdings in shares of RTX Corporation (NYSE:RTX - Free Report) by 13.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,167,501 shares of the company's stock after acquiring an additional 846,656 shares during the quarter. Legal & General Group Plc owned 0.53% of RTX worth $1,199,338,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Valley Wealth Managers Inc. bought a new stake in shares of RTX during the 3rd quarter valued at approximately $30,000. SOA Wealth Advisors LLC. grew its stake in shares of RTX by 57.4% during the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company's stock worth $32,000 after buying an additional 70 shares during the last quarter. Dogwood Wealth Management LLC grew its stake in shares of RTX by 57.3% during the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company's stock worth $34,000 after buying an additional 75 shares during the last quarter. Clayton Financial Group LLC acquired a new position in shares of RTX during the third quarter worth $36,000. Finally, Halbert Hargrove Global Advisors LLC increased its holdings in shares of RTX by 194.5% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 215 shares of the company's stock worth $36,000 after buying an additional 142 shares in the last quarter. Institutional investors own 86.50% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on RTX shares. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $240.00 price objective on shares of RTX in a report on Thursday. DZ Bank downgraded RTX from a "hold" rating to a "strong sell" rating in a research report on Friday, February 6th. Wall Street Zen lowered RTX from a "strong-buy" rating to a "buy" rating in a research note on Sunday, December 14th. UBS Group restated a "neutral" rating on shares of RTX in a report on Wednesday, January 28th. Finally, Vertical Research reaffirmed a "buy" rating and issued a $227.00 price objective on shares of RTX in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has given 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 $202.00.

Insider Buying and Selling at RTX

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of RTX stock in a transaction that occurred on 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 completion of the sale, the executive vice president directly owned 59,556 shares in the company, valued at approximately $12,242,331.36. The trade was a 37.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Dantaya M. Williams sold 12,713 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total value of $2,578,577.79. Following the completion of the transaction, the executive vice president directly owned 16,749 shares in the company, valued at approximately $3,397,199.67. This trade represents a 43.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 89,255 shares of company stock valued at $18,151,956 over the last ninety days. Insiders own 0.15% of the company's stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Defense-sector tailwind: geopolitical tensions (U.S.–Iran) are driving a rotation into defense names, supporting RTX demand expectations and lifting peer group sentiment. Lockheed, RTX, Other Defense Stocks Gain. Watch This Trump-Backed Drone Company.
• Positive Sentiment: Solid company-level results remain supportive — recent quarterly EPS beat and FY‑2026 guidance (6.60–6.80) signal ongoing revenue and profit strength, a constructive fundamental anchor for the stock. No link
• Positive Sentiment: Longer-term performance narrative is favorable for some investors: retrospectives on 5‑year returns highlight total shareholder gains, which can sustain buy-side interest. Here's How Much You Would Have Made Owning RTX Stock In The Last 5 Years
• Neutral Sentiment: Analyst coverage is driving headlines — pieces summarizing Wall Street views can move flows but often reflect consensus; investors should check any rating/target changes for timing effects. Wall Street Analysts Think RTX (RTX) Is a Good Investment: Is It?
• Neutral Sentiment: “RTX” name confusion — multiple articles about NVIDIA’s GeForce “RTX” GPUs (production restarts, discounts on cards/laptops) are unrelated to RTX Corporation but can create misleading social/media noise that affects short‑term flows. NVIDIA and Samsung are making new GeForce RTX 3060 GPUs
• Neutral Sentiment: Retail discounts on gaming laptops/GPUs (various outlet stories) are consumer‑tech news — likely irrelevant to RTX Corp’s aerospace & defense fundamentals but may add to the naming-noise. Save $500 on Asus’ gaming laptop: RTX 5060, Intel Ultra 9, 32GB RAM
• Negative Sentiment: Volatility warning: analysis pieces caution investors that RTX has experienced sharp historical drawdowns (e.g., a >30% drop in 2020), underscoring downside risk despite defense tailwinds. RTX Stock: Hidden Dangers For Defense Investors

RTX Stock Performance

Shares of RTX stock opened at $208.21 on Tuesday. The stock has a market capitalization of $279.47 billion, a PE ratio of 41.98, a PEG ratio of 3.03 and a beta of 0.42. RTX Corporation has a one year low of $112.27 and a one year high of $214.50. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The business's 50 day simple moving average is $198.00 and its 200 day simple moving average is $179.25.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business had revenue of $24.24 billion for the quarter, compared to analysts' expectations of $22.65 billion. During the same quarter in the prior year, the firm posted $1.54 earnings per share. The business's quarterly 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. As a group, research analysts forecast that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 20th will be given a dividend of $0.68 per share. The ex-dividend date is Friday, February 20th. This represents a $2.72 annualized dividend and a dividend yield of 1.3%. RTX's dividend payout ratio is presently 54.84%.

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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