RTX Corporation $RTX Shares Sold by Providence First Trust Co

Key Points

• Providence First Trust Co cut its stake in RTX by 59.6% in Q4, selling 10,072 shares and leaving 6,815 shares valued at about $1.25M; institutional investors own ~86.5% of RTX and insiders have sold roughly 89,255 shares (~$18.15M) in the last 90 days.
• RTX beat quarterly estimates (EPS $1.78 vs. $1.52; revenue $22.08B vs. $21.38B) and set FY2026 guidance of 6.60–6.80 EPS, while analysts' average price target sits near $206.59.
• The company raised its quarterly dividend to $0.73 (annualized $2.92, ~1.7% yield) and is positioned to benefit from defense demand and large orders, but faces structural headwinds like supply‑chain fragility, titanium costs and skilled‑labor shortages.

Providence First Trust Co cut its stake in shares of RTX Corporation (NYSE:RTX - Free Report) by 59.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,815 shares of the company's stock after selling 10,072 shares during the quarter. Providence First Trust Co's holdings in RTX were worth $1,250,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in RTX. BNP Paribas acquired a new stake in shares of RTX in the third quarter valued at about $25,000. Valley Wealth Managers Inc. bought a new position in RTX in the third quarter worth $30,000. Wexford Capital LP bought a new position in shares of RTX during the 3rd quarter worth about $33,000. Dogwood Wealth Management LLC boosted its holdings in RTX by 57.3% during the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company's stock valued at $34,000 after purchasing an additional 75 shares in the last quarter. Finally, Imprint Wealth LLC acquired a new stake in RTX in the 3rd quarter valued at $35,000. Institutional investors and hedge funds own 86.50% of the company's stock.

Trending Headlines about 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

RTX Trading Down 0.0%

Shares of RTX stock opened at $172.85 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. RTX Corporation has a 12-month low of $126.03 and a 12-month high of $214.50. The company has a market capitalization of $232.77 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 2.45 and a beta of 0.31. The firm's 50-day moving average price is $196.01 and its two-hundred day moving average price is $188.46.

RTX (NYSE:RTX - Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.52 by $0.26. The business had revenue of $22.08 billion during the quarter, compared to analysts' expectations of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm's quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, analysts forecast that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd will be paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, May 22nd. This is a positive change from RTX's previous quarterly dividend of $0.68. RTX's dividend payout ratio is currently 51.03%.

Insider Buying and Selling

In other RTX news, insider Shane G. Eddy sold 17,527 shares of the company's stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total value of $3,490,677.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of RTX stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the sale, the executive vice president directly owned 59,556 shares in the company, valued at $12,242,331.36. The trade was a 37.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 89,255 shares of company stock worth $18,151,956 in the last ninety days. Insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

RTX has been the topic of several research reports. Wells Fargo & Company started coverage on shares of RTX in a research report on Wednesday, April 1st. They set an "equal weight" rating and a $200.00 price target on the stock. Melius Research raised RTX from a "hold" rating to a "buy" rating in a research note on Thursday, April 2nd. Royal Bank Of Canada upped their target price on RTX from $220.00 to $230.00 and gave the stock an "outperform" rating in a report on Wednesday, January 28th. Weiss Ratings reiterated a "buy (b)" rating on shares of RTX in a report on Friday, April 10th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating and set a $204.00 price objective on shares of RTX in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, RTX currently has an average rating of "Moderate Buy" and an average target price 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.

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