SteelPeak Wealth LLC Has $926,000 Stock Holdings in RTX Corporation $RTX

SteelPeak Wealth LLC lowered its position in RTX Corporation (NYSE:RTX) by 76.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,535 shares of the company’s stock after selling 18,154 shares during the quarter. SteelPeak Wealth LLC’s holdings in RTX were worth $926,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in RTX by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock worth $17,825,353,000 after purchasing an additional 2,238,247 shares during the last quarter. State Street Corp raised its position in shares of RTX by 0.5% in the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after purchasing an additional 552,009 shares during the period. Fisher Asset Management LLC lifted its stake in shares of RTX by 4.2% in the second quarter. Fisher Asset Management LLC now owns 20,599,190 shares of the company’s stock worth $3,007,894,000 after buying an additional 837,268 shares during the last quarter. Norges Bank bought a new stake in shares of RTX during the 2nd quarter worth $2,359,602,000. Finally, Massachusetts Financial Services Co. MA grew its stake in RTX by 9.3% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock valued at $2,330,215,000 after buying an additional 1,361,071 shares during the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon (RTX) won new defense and commercial contracts, reinforcing revenue visibility and backlog strength—direct catalyst for the stock as contract awards support near-term cash flows and long-term backlog. RTX Corporation’s (RTX) Raytheon Wins New Contracts
• Positive Sentiment: Macro/sector lift: a recent sector review highlighted industrials (where RTX sits) as a top performer in 2025, noting RTX delivered ~61% total return last year and carries a roughly $250 billion backlog — this bolsters investor confidence in revenue visibility and supports multiple expansion for the stock.
• Neutral Sentiment: LG unveiled a very light 17-inch laptop using NVIDIA “RTX” GPUs — product news for GPU makers/OEMs but unrelated to RTX Corporation’s aerospace & defense business. LG announces the ‘world’s lightest 17-inch RTX laptop’
• Neutral Sentiment: Multiple consumer-GPU headlines report RTX 50-series price volatility (surges toward $4k–$5k amid AI-driven memory pressure and also some retail discounts). These reflect NVIDIA/AMD GPU-market dynamics and AI semiconductor demand, but they’re not direct drivers of RTX Corporation’s business. Nvidia RTX 5090 and AMD RX 9000 GPUs may see major price hikes in 2026 RTX 5090 price surge to $5,000 fueled by AI memory crunch RTX 5090 Prices Surge Toward $4,000 as Enthusiasm Builds
• Neutral Sentiment: Several retail/deal stories (discounts on RTX 50-series laptops/GPUs and preemptive PC sales) may drive short-term consumer interest in GPU products but are irrelevant to RTX Corp fundamentals. Examples: price drops on RTX 5070 Ti, Alienware RTX 5080 PC deal, and laptop discounts. RTX 5070 Ti price drop: save $130 on a modern PCIe 5.0 GPU Grab an Alienware RTX 5080 gaming PC before prices go crazy

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Citigroup assumed coverage on RTX in a report on Thursday, December 11th. They set a “buy” rating and a $211.00 price target for the company. Bank of America upped their target price on shares of RTX from $175.00 to $215.00 and gave the company a “buy” rating in a research note on Monday, October 27th. JPMorgan Chase & Co. raised their price target on shares of RTX from $195.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. The Goldman Sachs Group upped their price objective on shares of RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Finally, Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus price target of $184.18.

Insider Activity at RTX

In other news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $180.15, for a total transaction of $873,547.35. Following the sale, the executive vice president directly owned 59,556 shares of the company’s stock, valued at $10,729,013.40. This represents a 7.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.15% of the stock is owned by company insiders.

RTX Price Performance

Shares of RTX stock opened at $187.10 on Friday. The stock has a market capitalization of $250.86 billion, a price-to-earnings ratio of 38.42, a P/E/G ratio of 2.73 and a beta of 0.44. The firm’s 50-day moving average price is $177.21 and its two-hundred day moving average price is $163.56. The company has a current ratio of 1.07, a quick ratio of 0.81 and a debt-to-equity ratio of 0.58. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $188.00.

RTX (NYSE:RTX) last posted its quarterly earnings data on Tuesday, October 21st. The company reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.29. The company had revenue of $22.48 billion for the quarter, compared to analyst estimates of $21.26 billion. RTX had a return on equity of 13.28% and a net margin of 7.67%.The business’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.45 earnings per share. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. On average, equities analysts predict that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Friday, November 21st were given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, November 21st. RTX’s dividend payout ratio is presently 55.85%.

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.