Oak Harvest Investment Services Buys Shares of 36,842 RTX Corporation $RTX

Key Points

• Oak Harvest Investment Services initiated a new stake in RTX by purchasing 36,842 shares (~$6.76M) in Q4, while institutional investors now own about 86.50% of the company.
• Company insiders have sold 89,255 shares worth $18.15M in the past three months (including EVP Neil Mitchill’s 35,755‑share sale), leaving insiders with only 0.10% ownership.
• RTX beat Q1 estimates (EPS $1.55 vs. $1.47; revenue $24.24B vs. $22.65B) and set FY‑2026 guidance of 6.600–6.800 EPS; analysts’ consensus is a Moderate Buy with a $203.61 price target, and upcoming Q1 results on April 21 are the next major catalyst/risks.

Oak Harvest Investment Services bought a new stake in RTX Corporation (NYSE:RTX - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 36,842 shares of the company's stock, valued at approximately $6,757,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. LeConte Wealth Management LLC grew its position in RTX by 2.3% in the fourth quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company's stock valued at $412,000 after acquiring an additional 51 shares during the last quarter. Rydar Equities Inc. grew its position in RTX by 0.4% in the fourth quarter. Rydar Equities Inc. now owns 13,524 shares of the company's stock valued at $2,480,000 after acquiring an additional 52 shares during the last quarter. Howard Capital Management Inc. grew its position in RTX by 0.4% in 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 during the last quarter. Innova Wealth Partners grew its position in RTX by 3.5% in the fourth quarter. Innova Wealth Partners now owns 1,597 shares of the company's stock valued at $293,000 after acquiring an additional 54 shares during the last quarter. Finally, Worth Asset Management LLC grew its position in RTX by 3.5% in the fourth quarter. Worth Asset Management LLC now owns 1,579 shares of the company's stock valued at $290,000 after acquiring an additional 54 shares during the last quarter. Institutional investors own 86.50% of the company's stock.

Wall Street Analyst Weigh In

RTX has been the topic of several research reports. Robert W. Baird set a $225.00 price target on RTX in a report on Wednesday, January 28th. DZ Bank cut RTX from a "hold" rating to a "strong sell" rating in a report on Friday, February 6th. UBS Group restated a "neutral" rating on shares of RTX in a report on Wednesday, January 28th. Melius Research upgraded RTX from a "hold" rating to a "buy" rating in a report on Thursday, April 2nd. Finally, Weiss Ratings restated a "buy (b)" rating on shares of RTX in a report on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $203.61.

Insider Activity

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the transaction, the executive vice president directly owned 59,556 shares in the company, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Kevin G. Dasilva sold 8,136 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $201.30, for a total value of $1,637,776.80. Following the transaction, the vice president owned 27,102 shares in the company, valued at $5,455,632.60. The trade was a 23.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 89,255 shares of company stock worth $18,151,956. Company insiders own 0.10% of the company's stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Pratt & Whitney’s GTF Advantage engine received EASA certification for the Airbus A320neo family, clearing the way for production deliveries and entry-into-service in Europe — a commercial aviation win that supports aftermarket and engine-revenue cadence. EASA Certification
• Positive Sentiment: Pratt & Whitney (an RTX business) was announced as the propulsion provider for Northrop Grumman’s YFQ-48A Talon Blue autonomous wingman — a program tie that could drive future engine and sustainment revenue in the collaborative combat aircraft space. Pratt & Whitney Powers YFQ-48A
• Positive Sentiment: Pratt & Whitney Canada launched new PT6C-67C and PW127XT MRO services in Singapore, expanding regional aftermarket support for helicopters and turboprops — a recurring revenue opportunity that strengthens Asia-Pacific service footprint. MRO Services Singapore
• Positive Sentiment: Raytheon’s RAIVEN staring sensor completed a first flight test on a UH-60 Black Hawk — a defense-electronics milestone that validates a next‑generation sensor product and supports Raytheon’s growth narrative in sensing and targeting. RAIVEN Flight Test
• Positive Sentiment: Collins Aerospace won a role to supply key systems for Bell’s MV-75 FLRAA; plus broader reporting of Pentagon interest in mobilizing industrial capacity and new missile awards, both of which point to elevated defense spend that favors RTX’s portfolio and aftermarket. Collins Aerospace Win
• Neutral Sentiment: RTX reports Q1 results before markets open on April 21; previews and analyst metric projections are driving positioning — the print will determine whether elevated defense demand from geopolitics and commercial aerospace backlog translate into beatable results. Q1 Preview
• Neutral Sentiment: Analyst notes and a valuation check highlight product milestones (RAIVEN test, engine certification) but also show the stock has pulled back modestly in the last 30 days; investors are balancing good news against a still-rich multiple. Valuation Check
• Neutral Sentiment: Several tech/gaming stories reference “RTX” in GPU branding (NVIDIA/GeForce, MSI laptops) — these are unrelated to RTX Corporation but can create headlines that confuse retail flows. MSI/RTX GPU Coverage
• Negative Sentiment: Near-term risk: tough year‑over‑year comps for commercial aerospace revenue and a relatively high P/E leave little room for a weak print; any earnings or guidance shortfall on April 21 could pressure the stock. Analyst Projections

RTX Price Performance

RTX stock opened at $196.50 on Friday. The stock's 50 day moving average is $200.39 and its 200 day moving average is $187.11. 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 firm has a market cap of $264.49 billion, a P/E ratio of 39.62, a P/E/G ratio of 2.84 and a beta of 0.43. RTX Corporation has a one year low of $112.63 and a one year high of $214.50.

RTX (NYSE:RTX - Get Free Report) last posted its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.08. RTX had a return on equity of 13.08% and a net margin of 7.60%.The company had revenue of $24.24 billion for the quarter, compared to analyst estimates of $22.65 billion. During the same period in the previous year, the firm earned $1.54 earnings per share. The firm's quarterly revenue was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, research analysts expect that RTX Corporation will post 6.11 EPS for the current year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Friday, February 20th. RTX's dividend payout ratio is presently 54.84%.

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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