Central Pacific Bank Trust Division Reduces Stake in RTX Corporation $RTX

Central Pacific Bank Trust Division cut its holdings in shares of RTX Corporation (NYSE:RTX) by 11.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,685 shares of the company’s stock after selling 3,666 shares during the quarter. RTX accounts for about 0.6% of Central Pacific Bank Trust Division’s portfolio, making the stock its 25th largest holding. Central Pacific Bank Trust Division’s holdings in RTX were worth $5,077,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC grew its position in RTX by 24.3% during the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after purchasing an additional 3,332 shares during the period. Revolve Wealth Partners LLC lifted its holdings 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 valued at $564,000 after buying an additional 159 shares during the period. United Bank boosted its stake in shares of RTX by 68.0% in the second 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. boosted its stake in shares of RTX by 3.1% in the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after buying an additional 623 shares during the last quarter. Finally, Artisan Partners Limited Partnership grew its holdings in RTX by 26.1% during the second quarter. Artisan Partners Limited Partnership now owns 110,096 shares of the company’s stock worth $16,076,000 after acquiring an additional 22,808 shares during the period. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Stock Down 1.4%

RTX stock opened at $198.02 on Friday. 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 firm has a 50-day moving average of $201.11 and a two-hundred day moving average of $181.79. RTX Corporation has a 12 month low of $112.27 and a 12 month high of $214.50. The company has a market cap of $266.53 billion, a price-to-earnings ratio of 39.92, a PEG ratio of 2.91 and a beta of 0.42.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. RTX had a return on equity of 13.08% and a net margin of 7.60%.The business had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. During the same period in the prior year, the business earned $1.54 earnings per share. The business’s 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. As a group, analysts forecast 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, March 19th. Shareholders of record on Friday, February 20th were issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, February 20th. RTX’s dividend payout ratio is presently 54.84%.

Analyst Ratings Changes

A number of research analysts have issued reports on RTX shares. DZ Bank downgraded RTX from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. TD Cowen reaffirmed a “buy” rating on shares of RTX in a research note on Tuesday, January 27th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $204.00 target price on shares of RTX in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $240.00 price target on shares of RTX in a report on Thursday, March 5th. Finally, JPMorgan Chase & Co. raised their price target on shares of RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and an average price target of $202.00.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Regional military incident (F‑35) underscores near‑term demand for avionics, mission systems and spare parts that RTX supplies, which can boost revenue visibility for defense contractors. Iran Claims Strike on U.S. F-35
• Positive Sentiment: Pentagon seeks a roughly $200 billion supplemental tied to the Iran conflict — if approved, this would be a meaningful multi‑year tailwind for prime contractors like RTX through higher procurement and sustainment spending. Pentagon Seeks $200 Billion for Iran War
• Neutral Sentiment: Analysts and commentators are debating whether RTX’s ~52% one‑year gain already prices in future growth — valuation scrutiny could limit upside until guidance/earnings clarity arrives. Is RTX Still Attractive After A 52% One Year Share Price Gain?
• Neutral Sentiment: Sector Q4 recaps and peer benchmarking highlight solid top‑line performance for RTX but also show mixed margins across peers — useful context for near‑term stock reactions to quarterly data. Defense Contractors Stocks Q4 Recap
• Neutral Sentiment: Several consumer headlines referencing “RTX” GPUs and laptop deals (NVIDIA GeForce RTX branding) are unrelated to RTX Corporation (the aerospace/defense company) and are unlikely to affect RTX stock fundamentals. Factory Reconditioned MSI GeForce RTX 5070 Ti Graphics Cards
• Negative Sentiment: Shares dipped after reports that an Airbus engine dispute could lead to an unspecified damages decision — legal or contract exposure tied to large OEMs can pressure defense primes via costs, delays or reputational risk. RTX Stock Dives as Airbus Engine Row Could Lead to ‘Unspecified Damages’ Decision

Insider Buying and Selling

In other news, insider Shane G. Eddy sold 17,527 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $199.16, for a total transaction of $3,490,677.32. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Ramsaran Maharajh sold 15,124 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $2,698,105.60. This represents a 53.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 89,255 shares of company stock worth $18,151,956 over the last quarter. Corporate insiders own 0.10% of the company’s stock.

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.