Mitsubishi UFJ Asset Management Co. Ltd. Increases Position in RTX Corporation $RTX

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of RTX Corporation (NYSE:RTX - Free Report) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,856,214 shares of the company's stock after buying an additional 155,766 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.21% of RTX worth $534,826,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Milestone Asset Management Group LLC raised its holdings in shares of RTX by 34.7% in the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company's stock worth $5,504,000 after acquiring an additional 7,738 shares during the last quarter. Truist Financial Corp increased its position in RTX by 2.3% during the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company's stock worth $424,575,000 after purchasing an additional 53,045 shares in the last quarter. Wealth Science Advisors LLC acquired a new position in RTX in the 4th quarter valued at about $1,439,000. Groupama Asset Managment purchased a new position in RTX in the 3rd quarter valued at about $150,078,000. Finally, Oppenheimer & Co. Inc. lifted its holdings in RTX by 10.6% in the 3rd 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 in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Price Performance

RTX stock opened at $172.85 on Wednesday. The company has a market cap of $232.77 billion, a PE ratio of 32.43, a price-to-earnings-growth ratio of 2.45 and a beta of 0.31. 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 stock has a 50-day moving average price of $196.01 and a two-hundred day moving average price of $188.46. RTX Corporation has a 12-month low of $126.03 and a 12-month high of $214.50.

RTX (NYSE:RTX - Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping analysts' consensus estimates of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. During the same period last year, the business posted $1.47 EPS. The company'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. As a group, research analysts predict that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The business also recently disclosed 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 represents a $2.92 annualized dividend and a yield of 1.7%. This is a boost from RTX's previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Friday, May 22nd. RTX's dividend payout ratio is 51.03%.

Insiders Place Their Bets

In other RTX news, EVP Dantaya M. Williams sold 12,713 shares of the company's stock in a transaction dated 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 of the company's stock, valued at $3,397,199.67. This represents a 43.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 transaction, the executive vice president owned 13,184 shares of the company's stock, valued at $2,698,105.60. This represents a 53.43% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 89,255 shares of company stock valued at $18,151,956. Company insiders own 0.10% of the company's stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Geopolitical and policy actions (Project Freedom + $8.6B arms sale) are routing new, explicit demand to major defense contractors; MarketBeat highlights RTX as a primary beneficiary with a reported $4.01B Patriot order and a large backlog that underpins revenue visibility. The Hormuz Defense Hedge: Cashing In On Chaos
• Positive Sentiment: Recent news of U.S. Navy intercepts of Iranian cruise missiles has lifted attention on missile-defense names; commentators and screens are flagging RTX as a stock to watch given its missile-defense exposure and program wins. U.S. Navy intercepts Iranian cruise missiles — 4 defense stocks to watch today
• Positive Sentiment: High-profile bullish commentary: Jim Cramer publicly called RTX a “monster” buy and said he’d buy aggressively, which can spur retail/income investors to add shares (Cramer also pointed to the recent dividend raise). Jim Cramer Calls RTX A 'Monster' Right Here, Aurora A 'Worthy' Spec
• Neutral Sentiment: Multiple consumer-tech headlines referencing “RTX” GPUs (NVIDIA brand) — e.g., mid-range GPU comparisons — are creating ticker confusion in newsfeeds but have little direct impact on RTX Corporation’s aerospace and defense fundamentals. RTX 5070 vs RX 9070 XT mid-range GPU battle
• Neutral Sentiment: Consumer PC/GPU promotions and retailer stories (Razer adding RTX 5090 options; Amazon discounts on RTX 5070 Ti systems) are relevant to Nvidia and retail demand, not RTX Corp, and may add short‑term noise to searches and sentiment. Razer upgrades Blade 16 with 64GB RAM and RTX 5090 options
• Negative Sentiment: MarketBeat also flags structural headwinds — supply-chain fragility, titanium costs and skilled‑labor shortages — that can slow how quickly RTX converts backlog into revenue, tempering upside despite strong order flow. The Hormuz Defense Hedge: Cashing In On Chaos

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $240.00 price objective on shares of RTX in a research report on Thursday, March 5th. Wolfe Research reaffirmed an "outperform" rating on shares of RTX in a research note on Wednesday, February 4th. Melius Research raised RTX from a "hold" rating to a "buy" rating in a research note on Thursday, April 2nd. Robert W. Baird set a $225.00 price objective on RTX in a report on Wednesday, January 28th. Finally, JPMorgan Chase & Co. lifted their price objective on RTX from $200.00 to $215.00 and gave the company an "overweight" rating in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average 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.

Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.