Swiss National Bank Sells 190,400 Shares of RTX Corporation $RTX

Key Points

• Swiss National Bank cut its RTX stake by 4.7%, selling 190,400 shares and reducing its holding to 3,850,981 shares (about 0.29% of the company) worth roughly $644.4 million.
• Insiders have been net sellers: two EVPs sold 15,124 and 35,755 shares on Feb. 19, and insiders sold 89,255 shares totaling about $18.15 million over the past 90 days, leaving insiders with roughly 0.15% ownership.
• Fundamentals remain solid: RTX beat quarterly estimates with $1.55 EPS and $24.24 billion revenue (up 12.1% y/y), set FY2026 guidance of $6.60–$6.80 EPS, and declared a $0.68 quarterly dividend (1.3% yield).

Swiss National Bank reduced its holdings in shares of RTX Corporation (NYSE:RTX - Free Report) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,850,981 shares of the company's stock after selling 190,400 shares during the period. Swiss National Bank owned 0.29% of RTX worth $644,385,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of RTX. Brighton Jones LLC increased its stake in shares of RTX by 24.3% during the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company's stock valued at $1,969,000 after purchasing an additional 3,332 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of RTX by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company's stock worth $564,000 after purchasing an additional 159 shares in the last quarter. United Bank grew its stake in shares of RTX by 68.0% in the 2nd quarter. United Bank now owns 10,202 shares of the company's stock worth $1,490,000 after buying an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. increased its position in RTX by 3.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company's stock valued at $3,052,000 after buying an additional 623 shares in the last quarter. Finally, KCM Investment Advisors LLC raised its stake in RTX by 1.5% during the second quarter. KCM Investment Advisors LLC now owns 15,416 shares of the company's stock valued at $2,251,000 after buying an additional 229 shares during the last quarter. Institutional investors own 86.50% of the company's stock.

Insider Transactions at RTX

In related news, 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 transaction of $3,095,126.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,698,105.60. The trade was a 53.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company's stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the sale, the executive vice president directly owned 59,556 shares of the company's stock, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 89,255 shares of company stock worth $18,151,956. 0.15% of the stock is currently owned by corporate insiders.

RTX Trading Up 2.9%

NYSE:RTX opened at $209.70 on Monday. The company has a market cap of $281.48 billion, a PE ratio of 42.28, a price-to-earnings-growth ratio of 3.03 and a beta of 0.42. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. The company has a 50 day simple moving average of $197.52 and a two-hundred day simple moving average of $178.89. RTX Corporation has a 12 month low of $112.27 and a 12 month high of $214.50.

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

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 20th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.72 annualized dividend and a dividend yield of 1.3%. RTX's dividend payout ratio is presently 54.84%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Weiss Ratings reissued a "buy (b-)" rating on shares of RTX in a research note on Monday, December 29th. Royal Bank Of Canada increased their price objective on shares of RTX from $220.00 to $230.00 and gave the company an "outperform" rating in a research report on Wednesday, January 28th. Citigroup upped their target price on shares of RTX from $227.00 to $238.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $240.00 price target on shares of RTX in a research report on Thursday. Finally, DZ Bank downgraded RTX from a "hold" rating to a "strong sell" rating in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $202.00.

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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