Rathbones Group PLC Sells 217,404 Shares of RTX Corporation $RTX

Key Points

• Rathbones Group PLC cut its stake in RTX by 20.6%, selling 217,404 shares in the quarter and finishing with 838,701 shares worth about $140.34 million.
• RTX beat quarterly estimates with $1.55 EPS and $24.24 billion in revenue (up 12.1% YoY) and issued FY2026 guidance of 6.600–6.800 EPS.
• The company announced a quarterly dividend of $0.68 per share (annualized $2.72, ~1.3% yield); insiders have sold roughly 89,255 shares (~$18.15M) in the last 90 days while institutional investors own about 86.5% of the stock.

Rathbones Group PLC lessened its holdings in shares of RTX Corporation (NYSE:RTX - Free Report) by 20.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 838,701 shares of the company's stock after selling 217,404 shares during the period. Rathbones Group PLC owned about 0.06% of RTX worth $140,340,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in RTX. Meiji Yasuda Life Insurance Co increased its stake in shares of RTX by 64.7% during the third quarter. Meiji Yasuda Life Insurance Co now owns 8,021 shares of the company's stock valued at $1,342,000 after buying an additional 3,150 shares during the period. Riggs Asset Managment Co. Inc. lifted its stake in RTX by 164.1% in the third quarter. Riggs Asset Managment Co. Inc. now owns 1,590 shares of the company's stock worth $266,000 after acquiring an additional 988 shares during the period. Obsidian Personal Planning Solutions LLC boosted its holdings in RTX by 11.0% in the third quarter. Obsidian Personal Planning Solutions LLC now owns 4,385 shares of the company's stock valued at $783,000 after acquiring an additional 433 shares in the last quarter. CreativeOne Wealth LLC boosted its holdings in RTX by 2.4% in the third quarter. CreativeOne Wealth LLC now owns 25,751 shares of the company's stock valued at $4,309,000 after acquiring an additional 612 shares in the last quarter. Finally, Guardian Partners Inc. increased its position in RTX by 0.3% during the 3rd quarter. Guardian Partners Inc. now owns 56,471 shares of the company's stock valued at $9,442,000 after purchasing an additional 158 shares during the period. 86.50% of the stock is currently owned by institutional investors.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Geopolitical-driven demand — Rising tensions in the Middle East are being cited by analysts as increasing demand for fighter jets, missile defense and drones, which benefits RTX’s defense businesses (Patriot, air/missile systems). 3 Defense Stocks to Watch Amid Rising Middle East Tensions
• Positive Sentiment: F-35 sustainment contracts — The DoD awarded contracts to Lockheed and RTX to sustain the F-35 fleet, providing visible, recurring work and supporting aftermarket/sustainment revenue. Lockheed Martin, RTX Land F-35 Contracts, Hover Near Buy Points
• Positive Sentiment: Policy focus on munitions — A White House meeting on shrinking U.S. munitions stockpiles (scheduled Mar. 6) could accelerate procurement decisions and put companies like RTX in the spotlight for replenishment contracts. Dear Raytheon Stock Fans, Mark Your Calendars for March 6
• Positive Sentiment: Commercial/technology progress — RTX reported progress on hybrid-electric aviation propulsion tests and continues to win export-related orders (e.g., UAE), which supports medium-term diversification beyond defense. RTX Balances Rising Defense Demand With Hybrid Electric Aviation Progress
• Neutral Sentiment: Analyst view — Brokerages give RTX a consensus “Moderate Buy,” which can underpin investor confidence but doesn’t represent a strong upgrade catalyst by itself. RTX Corporation NYSE: RTX Receives Consensus Rating of "Moderate Buy" from Brokerages
• Neutral Sentiment: Headline noise — Multiple tech/gaming stories about “RTX” GPUs (NVIDIA’s product line) are trending (RTX 5050/5060 rumors, laptop discounts). These are unrelated to RTX Corporation but can create search/noise that confuses retail flows. Nvidia reportedly developing RTX 5050 with 9GB VRAM, revised RTX 5060 using GB205 die

RTX Stock Up 2.9%

NYSE:RTX opened at $209.70 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's 50-day moving average price is $197.52 and its 200-day moving average price is $178.73. The company has a market capitalization of $281.48 billion, a PE ratio of 42.28, a P/E/G ratio of 3.03 and a beta of 0.42. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $214.50.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly 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 period last year, the company posted $1.54 EPS. RTX's 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 predict that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have recently commented on RTX. UBS Group reaffirmed a "neutral" rating on shares of RTX in a research report on Wednesday, January 28th. Weiss Ratings reiterated a "buy (b-)" rating on shares of RTX in a research report on Monday, December 29th. Susquehanna restated a "positive" rating and issued a $230.00 price objective on shares of RTX in a report on Thursday, January 15th. Wall Street Zen cut RTX from a "strong-buy" rating to a "buy" rating in a research report on Sunday, December 14th. Finally, TD Cowen reiterated a "buy" rating on shares of RTX in a report on Tuesday, January 27th. One research 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 issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $202.00.

Insider Activity

In related news, EVP Ramsaran Maharajh sold 15,124 shares of the firm's stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the completion of the transaction, the executive vice president owned 13,184 shares of the company's stock, valued at $2,698,105.60. This trade represents a 53.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction on Friday, February 13th. The shares were 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 of the company's stock, valued at $5,455,632.60. The trade was a 23.09% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 89,255 shares of company stock valued at $18,151,956. 0.15% of the stock is currently owned by insiders.

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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