Truist Financial Corp Grows Stock Holdings in RTX Corporation $RTX

Truist Financial Corp lifted its position in shares of RTX Corporation (NYSE:RTX - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,315,021 shares of the company's stock after purchasing an additional 53,045 shares during the period. Truist Financial Corp owned about 0.17% of RTX worth $424,575,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. BNP Paribas purchased a new stake in shares of RTX during the 3rd quarter worth $25,000. Valley Wealth Managers Inc. purchased a new stake in shares of RTX during the 3rd quarter worth $30,000. Wexford Capital LP purchased a new stake in shares of RTX during the 3rd quarter worth $33,000. Dogwood Wealth Management LLC lifted its position in shares of RTX by 57.3% during the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company's stock worth $34,000 after purchasing an additional 75 shares during the last quarter. Finally, Imprint Wealth LLC purchased a new stake in shares of RTX during the 3rd quarter worth $35,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Board raised the quarterly cash dividend to $0.73 (7.4% increase vs prior quarter); ex-dividend/record/payable: May 22 / May 22 / June 11. The raise supports income investors and signals cash-flow confidence. Article Title
• Positive Sentiment: Won a $206.2M Navy contract to upgrade GPS-based aircraft landing systems — a clear, near-term revenue and backlog boost in defense avionics work. Defense contracts typically support predictable revenue streams. Article Title
• Positive Sentiment: Named a global innovation leader and selected by the U.S. Space Force for missile-interceptor prototype work (the “Golden Dome” program) — positions RTX for participation in a multi‑billion missile defense initiative, lifting long‑term defense exposure and strategic importance. Article Title
• Neutral Sentiment: Coverage pieces assess Wall Street’s stance (bull/bear) on RTX—useful for gauging sentiment but not an immediate catalyst. Article Title
• Neutral Sentiment: Several headlines reference “RTX” in GPU product news (Nvidia/consumer GPU ecosystem). These are branding overlaps and generally do NOT pertain to RTX Corporation’s aerospace & defense business — they can create confusing headlines but are unlikely to move RTX Corp fundamentals. Example: Razer Blade 16 with RTX 5090. Article Title
• Negative Sentiment: A Seeking Alpha piece highlights valuation pressure — argues RTX’s strong balance sheet meets a “valuation wall,” which could limit upside and put downward pressure if investors demand lower multiples. This is a sentiment/valuation risk to watch. Article Title

Insiders Place Their Bets

In other news, insider Shane G. Eddy sold 17,527 shares of the company's stock in a transaction dated Thursday, February 12th. The shares were 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 available through this hyperlink. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company's stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 59,556 shares of the company's stock, 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. In the last ninety days, insiders sold 89,255 shares of company stock valued at $18,151,956. 0.10% of the stock is owned by insiders.

RTX Price Performance

Shares of NYSE:RTX opened at $174.20 on Monday. The company's fifty day moving average price is $196.65 and its 200 day moving average price is $188.35. RTX Corporation has a 12 month low of $126.03 and a 12 month high of $214.50. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The firm has a market capitalization of $234.60 billion, a P/E ratio of 32.68, a P/E/G ratio of 2.47 and a beta of 0.31.

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

RTX Increases Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on RTX. Wall Street Zen lowered shares of RTX from a "strong-buy" rating to a "buy" rating in a research note on Sunday, April 26th. Citigroup cut their price target on shares of RTX from $238.00 to $226.00 and set a "buy" rating on the stock in a research note on Thursday, April 2nd. Morgan Stanley cut their price target on shares of RTX from $235.00 to $220.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 22nd. Sanford C. Bernstein reiterated a "market perform" rating and set a $204.00 price target on shares of RTX in a research note on Thursday, January 29th. Finally, JPMorgan Chase & Co. lifted their price target on shares of RTX from $200.00 to $215.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 28th. One investment 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 given a Sell rating to the company. According to data from MarketBeat, RTX presently has a consensus rating of "Moderate Buy" and a consensus price target of $206.59.

About RTX

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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