CIBC Bancorp USA Inc. Buys New Position in RTX Corporation $RTX

CIBC Bancorp USA Inc. purchased a new position in RTX Corporation (NYSE:RTX) in the third quarter, Holdings Channel.com reports. The fund purchased 184,579 shares of the company’s stock, valued at approximately $30,886,000.

Several other large investors have also added to or reduced their stakes in the stock. Zullo Investment Group Inc. raised its holdings in RTX by 1.2% in the 3rd quarter. Zullo Investment Group Inc. now owns 4,713 shares of the company’s stock worth $789,000 after purchasing an additional 56 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of RTX by 0.3% in the 3rd quarter. Parkside Financial Bank & Trust now owns 16,465 shares of the company’s stock worth $2,755,000 after purchasing an additional 57 shares during the period. Uptick Partners LLC boosted its stake in shares of RTX by 1.7% during the 3rd quarter. Uptick Partners LLC now owns 3,327 shares of the company’s stock valued at $557,000 after purchasing an additional 57 shares in the last quarter. Colonial Trust Co SC boosted its stake in shares of RTX by 0.4% during the 3rd quarter. Colonial Trust Co SC now owns 15,062 shares of the company’s stock valued at $2,520,000 after purchasing an additional 57 shares in the last quarter. Finally, Certified Advisory Corp increased its position in shares of RTX by 1.6% during the third quarter. Certified Advisory Corp now owns 3,630 shares of the company’s stock valued at $607,000 after buying an additional 57 shares during the period. Institutional investors own 86.50% of the company’s stock.

RTX Price Performance

Shares of RTX opened at $204.52 on Thursday. RTX Corporation has a fifty-two week low of $112.27 and a fifty-two week high of $214.50. The firm’s 50-day simple moving average is $200.66 and its two-hundred day simple moving average is $181.39. The stock has a market cap of $275.28 billion, a PE ratio of 41.23, a price-to-earnings-growth ratio of 2.94 and a beta of 0.42. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03.

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

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 20th will be paid a dividend of $0.68 per share. The ex-dividend date is Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a yield of 1.3%. RTX’s payout ratio is presently 54.84%.

Analysts Set New Price Targets

Several brokerages have commented on RTX. UBS Group restated a “neutral” rating on shares of RTX in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 target price on shares of RTX in a report on Thursday, March 5th. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. Royal Bank Of Canada raised their target price on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. Finally, Citigroup upped their price target on RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, RTX has a consensus rating of “Moderate Buy” and an average price target of $202.00.

Insider Buying and Selling at RTX

In other news, EVP Ramsaran Maharajh sold 15,124 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares in the company, valued at $2,698,105.60. This trade represents a 53.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dantaya M. Williams sold 12,713 shares of RTX stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the completion of the transaction, the executive vice president directly owned 16,749 shares of the company’s stock, valued at approximately $3,397,199.67. This represents a 43.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 89,255 shares of company stock valued at $18,151,956 in the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX posted an earnings beat and set FY2026 guidance that implies continued earnings growth, which is the primary bullish driver supporting the stock’s strength today.
• Neutral Sentiment: Supermicro expanded its server portfolio to include NVIDIA RTX PRO Blackwell server GPUs, underscoring demand for accelerated computing in data centers (this is a sector development but only indirectly relevant to RTX Corporation). Supermicro advances enterprises’ adoption of accelerated computing
• Neutral Sentiment: Multiple consumer-focused stories report deep discounts and promotions on gaming laptops and PCs featuring “RTX” branded GPUs (HP, Lenovo, ASUS, Alienware deals). These are retail/marketing moves tied to NVIDIA’s GPU branding and generally do not affect RTX Corporation’s aerospace and defense fundamentals. Examples: PCWorld HP deal, IGN Lenovo deal
• Neutral Sentiment: Technology coverage highlights NVIDIA innovations (DLSS 5, Blackwell GPUs) and new product launches; important for semiconductor and gaming ecosystems but not directly material to RTX Corporation’s defense/aerospace cash flows. See DLSS 5 coverage: IBTimes DLSS 5
• Negative Sentiment: Market headlines noted a short-term decline in RTX shares yesterday amid profit-taking and sector rotation, which pressured the stock despite the broader market rally. News roundups describing the dip: Yahoo Finance: RTX Stock Sinks and Zacks: RTX Stock Sinks
• Negative Sentiment: Supply and pricing dynamics in the GPU market (reports of RTX 50-series shortages and price pressures) add noise to tech-sector sentiment; while not a core driver for RTX Corporation, such macro/tech headlines can feed short-term market volatility across equities. Tweaktown: MSI confirms RTX 50-series shortage

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.