Dana Investment Advisors Inc. Sells 7,245 Shares of RTX Corporation $RTX

Dana Investment Advisors Inc. reduced its stake in shares of RTX Corporation (NYSE:RTX) by 14.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 44,609 shares of the company’s stock after selling 7,245 shares during the quarter. Dana Investment Advisors Inc.’s holdings in RTX were worth $7,464,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp grew its holdings in shares of RTX by 0.5% during the 2nd 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 last quarter. State Board of Administration of Florida Retirement System boosted its position in RTX by 1.2% in the second quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock valued at $192,333,000 after buying an additional 16,034 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in RTX by 10.6% in the third quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock valued at $28,648,000 after buying an additional 16,467 shares in the last quarter. Rockland Trust Co. increased its holdings in shares of RTX by 121.1% during the third quarter. Rockland Trust Co. now owns 20,245 shares of the company’s stock worth $3,388,000 after buying an additional 11,089 shares in the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of RTX by 2.0% during the third quarter. Principal Financial Group Inc. now owns 1,693,324 shares of the company’s stock worth $283,344,000 after buying an additional 33,395 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the stock in a transaction 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 transaction, the executive vice president directly owned 59,556 shares of the company’s stock, valued at $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 8,136 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 89,255 shares of company stock valued at $18,151,956 in the last 90 days. Company insiders own 0.15% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on RTX. Sanford C. Bernstein restated a “market perform” rating and set a $204.00 price objective on shares of RTX in a research report on Thursday, January 29th. Vertical Research reissued a “buy” rating and set a $227.00 price target on shares of RTX in a research note on Tuesday, January 27th. Morgan Stanley reaffirmed an “overweight” rating and issued a $235.00 price objective on shares of RTX in a research note on Wednesday, January 28th. Wolfe Research reiterated an “outperform” rating on shares of RTX in a research report on Wednesday, February 4th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $225.00 target price on shares of RTX in a report on Wednesday, January 28th. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $199.50.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: New defense and autonomy awards bolster revenue visibility in high-margin programs (Navy approval for StormBreaker, Collins Aerospace autonomous flight tests, and work on secure photonics) — supports longer-term growth and margin improvement. What RTX (RTX)’s New Defense and Autonomy Wins Mean for Shareholders
• Neutral Sentiment: Analyst coverage remains mixed-to-cautious: Bernstein reaffirmed a Market Perform view and a ~$204 price target, implying only modest upside from current levels — limits immediate bullish momentum. RTX Corporation (RTX) a Moderate Buy, Analysts See 6.70% Upside
• Neutral Sentiment: Industry hardware headlines (NVIDIA RTX 50-series launch timing concerns, reseller markups on enthusiast GPUs, laptop deals) are driving semiconductor/hardware chatter but are unlikely to move RTX’s core aerospace & defense fundamentals — treat as peripheral noise. NVIDIA RTX 50 Super and 60 Series Launch Timing “At Risk” Due To Memory Shortage
• Negative Sentiment: Significant insider selling: EVP Ramsaran Maharajh sold 15,124 shares (~$3.1M at ~$204.65), reducing his position by ~53% — can be interpreted as a negative near‑term signal to the market. SEC Filing – Ramsaran Maharajh Sale
• Negative Sentiment: Additional insider sales: EVP Neil G. Mitchill Jr. sold 35,755 shares (~$7.35M at ~$205.56), reducing his stake ~37.5% — adds to selling pressure and investor concern. SEC Filing – Neil G. Mitchill Jr. Sale
• Negative Sentiment: Third EVP sale: Dantaya M. Williams sold 12,713 shares (~$2.58M at ~$202.83), trimming her holding by ~43% — multiple concurrent insider disposals intensify short-term downside risk. SEC Filing – Dantaya M. Williams Sale

RTX Trading Down 1.5%

RTX opened at $201.85 on Tuesday. RTX Corporation has a twelve month low of $112.27 and a twelve month high of $206.73. The company has a fifty day moving average of $193.73 and a 200-day moving average of $175.79. The stock has a market cap of $270.94 billion, a PE ratio of 40.70, a price-to-earnings-growth ratio of 2.96 and a beta of 0.43. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51.

RTX (NYSE:RTX) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 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 business had revenue of $24.24 billion for the quarter, compared to analysts’ expectations of $22.65 billion. During the same quarter in the prior year, the firm posted $1.54 earnings per share. The business’s quarterly revenue was up 12.1% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, sell-side analysts predict that RTX Corporation will post 6.11 EPS for the current year.

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors 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 annualized dividend and a yield of 1.3%. RTX’s dividend payout ratio (DPR) is currently 54.84%.

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.