Eastern Bank Raises Stake in RTX Corporation $RTX

Eastern Bank raised its holdings in RTX Corporation (NYSE:RTXFree Report) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 83,454 shares of the company’s stock after purchasing an additional 3,655 shares during the quarter. Eastern Bank’s holdings in RTX were worth $15,305,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in RTX. BNP Paribas purchased a new position in shares of RTX during the third quarter worth about $25,000. Valley Wealth Managers Inc. purchased a new stake in RTX during the 3rd quarter valued at approximately $30,000. SOA Wealth Advisors LLC. raised its stake in RTX by 57.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock valued at $32,000 after acquiring an additional 70 shares during the last quarter. Wexford Capital LP acquired a new stake in RTX during the 3rd quarter worth approximately $33,000. Finally, Dogwood Wealth Management LLC lifted its position in 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 acquiring an additional 75 shares during the period. 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: Erste Group initiated/updated coverage with bullish FY2026–FY2027 EPS estimates (FY26 $6.80, FY27 $7.50) and a Buy stance, implying upside vs. consensus and supporting investor confidence in RTX’s earnings trajectory. Erste Group Coverage Initiated
  • Positive Sentiment: RTX’s Raytheon unit completed a $115M expansion of the Redstone Missile Integration Facility, boosting integration/delivery capacity by >50% and pairing with long‑term munitions framework deals — this increases production capacity to meet sustained defense demand. Redstone Expansion Article
  • Positive Sentiment: Analyst piece highlights Pratt & Whitney (within RTX) as a growth driver via advanced engines and aftermarket services, which can lift margins and recurring revenue in both commercial and defense aviation. Zacks Pratt & Whitney Outlook
  • Neutral Sentiment: Media/celebrity endorsement (Jim Cramer) has supported near-term investor enthusiasm previously, but this is sentiment-driven rather than fundamental. Jim Cramer Coverage
  • Negative Sentiment: U.S. warnings that the Israel‑Iran conflict could force the Pentagon to prioritize munitions for the Middle East may delay or divert Patriot interceptor shipments to Ukraine — creating short‑term uncertainty in order timing and potential inventory reallocation for RTX’s air‑defense businesses. QuiverQuant: Iran War Could Disrupt Shipments

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on RTX. Susquehanna reissued a “positive” rating and issued a $230.00 target price on shares of RTX in a report on Thursday, January 15th. Citigroup boosted their price objective on shares of RTX from $227.00 to $238.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. TD Cowen reaffirmed a “buy” rating on shares of RTX in a report on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 price target on shares of RTX in a research note on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen 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 data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $202.00.

View Our Latest Research Report on RTX

RTX Price Performance

RTX stock opened at $189.68 on Friday. The company has a market cap of $255.30 billion, a P/E ratio of 38.24, a price-to-earnings-growth ratio of 2.75 and a beta of 0.42. RTX Corporation has a one year low of $112.27 and a one year high of $214.50. The business has a fifty day moving average of $200.67 and a two-hundred day moving average of $183.26. 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:RTXGet Free Report) last announced 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 net margin of 7.60% and a return on equity of 13.08%. The business had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. During the same quarter last year, the firm posted $1.54 EPS. 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 predict that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Friday, February 20th. RTX’s dividend payout ratio (DPR) is presently 54.84%.

Insider Buying and Selling at RTX

In related news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total value of $7,349,797.80. Following the sale, the executive vice president owned 59,556 shares in the company, valued at $12,242,331.36. This represents a 37.51% decrease in their position. The transaction 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 firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total value of $3,095,126.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,698,105.60. The trade was a 53.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 89,255 shares of company stock worth $18,151,956. Corporate insiders own 0.10% of the company’s stock.

RTX Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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