Pitcairn Co. Has $3.50 Million Position in RTX Corporation $RTX

Key Points

• Pitcairn Co. trimmed its stake in RTX by 34.2%, selling 10,858 shares and ending the quarter with 20,924 shares valued at about $3.50 million.
• Insiders have been net sellers, offloading 89,255 shares worth roughly $18.15 million over the past 90 days, including large sales by a VP and an EVP that materially reduced their holdings.
• Wall Street is broadly constructive—RTX posted an EPS beat ($1.55 vs. $1.47) and revenue beat, set FY2026 guidance of 6.600–6.800 EPS, and carries a consensus "Moderate Buy" with a $202 price target while paying a $0.68 quarterly dividend.

Pitcairn Co. cut its position in shares of RTX Corporation (NYSE:RTX - Free Report) by 34.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,924 shares of the company's stock after selling 10,858 shares during the period. Pitcairn Co.'s holdings in RTX were worth $3,501,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of RTX. Smith Moore & CO. lifted its stake in RTX by 15.1% in the 3rd quarter. Smith Moore & CO. now owns 7,519 shares of the company's stock valued at $1,258,000 after purchasing an additional 986 shares during the last quarter. Crossmark Global Holdings Inc. increased its position in RTX by 222.5% during the third quarter. Crossmark Global Holdings Inc. now owns 119,519 shares of the company's stock worth $19,999,000 after buying an additional 82,459 shares during the last quarter. Orion Porfolio Solutions LLC raised its stake in RTX by 1.2% in the third quarter. Orion Porfolio Solutions LLC now owns 124,939 shares of the company's stock valued at $20,906,000 after buying an additional 1,515 shares during the period. KCM Investment Advisors LLC lifted its position in shares of RTX by 5.4% in the third quarter. KCM Investment Advisors LLC now owns 16,245 shares of the company's stock valued at $2,718,000 after buying an additional 829 shares during the last quarter. Finally, NewSquare Capital LLC lifted its position in shares of RTX by 10.5% in the third quarter. NewSquare Capital LLC now owns 1,244 shares of the company's stock valued at $208,000 after buying an additional 118 shares during the last quarter. 86.50% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

RTX has been the topic of a number of recent analyst reports. BNP Paribas Exane initiated coverage on RTX in a report on Tuesday, November 18th. They set an "outperform" rating and a $210.00 target price on the stock. Susquehanna reaffirmed a "positive" rating and set a $230.00 price objective on shares of RTX in a research report on Thursday, January 15th. TD Cowen reiterated a "buy" rating on shares of RTX in a report on Tuesday, January 27th. Sanford C. Bernstein reissued a "market perform" rating and issued a $204.00 price objective on shares of RTX in a research report on Thursday, January 29th. 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 assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $202.00.

Insider Activity

In related news, VP Kevin G. Dasilva sold 8,136 shares of the business's 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 completion of the sale, the vice president directly owned 27,102 shares in the company, valued at approximately $5,455,632.60. The trade was a 23.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Ramsaran Maharajh sold 15,124 shares of the stock in a transaction that occurred 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 sale, the executive vice president directly owned 13,184 shares in the company, valued at $2,698,105.60. This represents a 53.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 89,255 shares of company stock worth $18,151,956. Insiders own 0.15% of the company's stock.

RTX Stock Performance

Shares of NYSE RTX opened at $203.95 on Friday. 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 $273.76 billion, a price-to-earnings ratio of 41.12, a P/E/G ratio of 3.02 and a beta of 0.42. The stock's fifty day moving average price is $197.03 and its two-hundred day moving average price is $178.18. RTX Corporation has a one year low of $112.27 and a one year high of $214.50.

RTX (NYSE:RTX - Get Free Report) last announced its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (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 company had revenue of $24.24 billion during the quarter, compared to analysts' expectations of $22.65 billion. During the same quarter in the previous year, the business posted $1.54 earnings per share. RTX'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. On average, equities analysts forecast that RTX Corporation will post 6.11 EPS for the current year.

RTX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders 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 yield of 1.3%. RTX's payout ratio is currently 54.84%.

Trending Headlines about RTX

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 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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