BXM Wealth LLC raised its holdings in RTX Corporation (NYSE:RTX – Free Report) by 918.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 61,930 shares of the company’s stock after acquiring an additional 55,848 shares during the quarter. RTX makes up about 1.1% of BXM Wealth LLC’s investment portfolio, making the stock its 27th largest position. BXM Wealth LLC’s holdings in RTX were worth $11,358,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of RTX. Secure Asset Management LLC grew its stake in shares of RTX by 24.1% in the fourth quarter. Secure Asset Management LLC now owns 1,796 shares of the company’s stock worth $329,000 after acquiring an additional 349 shares during the last quarter. Stewardship Concepts Financial Services LLC bought a new position in RTX during the fourth quarter worth $282,000. Braun Stacey Associates Inc. raised its stake in RTX by 4.1% during the 4th quarter. Braun Stacey Associates Inc. now owns 190,994 shares of the company’s stock valued at $35,028,000 after purchasing an additional 7,493 shares during the last quarter. Florida Trust Wealth Management Co raised its stake in RTX by 0.8% during the 4th quarter. Florida Trust Wealth Management Co now owns 121,803 shares of the company’s stock valued at $22,339,000 after purchasing an additional 979 shares during the last quarter. Finally, Meridian Investment Counsel Inc. boosted its holdings in RTX by 1.8% in the 4th quarter. Meridian Investment Counsel Inc. now owns 6,544 shares of the company’s stock valued at $1,200,000 after purchasing an additional 116 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.
RTX Stock Up 0.0%
NYSE RTX opened at $196.25 on Monday. The stock’s 50 day simple moving average is $200.25 and its 200 day simple moving average is $184.71. RTX Corporation has a one year low of $112.27 and a one year high of $214.50. The firm has a market cap of $264.14 billion, a PE ratio of 39.57, a price-to-earnings-growth ratio of 2.84 and a beta of 0.43. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80.
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 paid a $0.68 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s dividend payout ratio is 54.84%.
Wall Street Analyst Weigh In
RTX has been the topic of a number of recent research reports. Vertical Research reissued a “buy” rating and set a $227.00 target price on shares of RTX in a research report on Tuesday, January 27th. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a research report on Thursday. Sanford C. Bernstein reissued a “market perform” rating and set a $204.00 price objective on shares of RTX in a report on Thursday, January 29th. Morgan Stanley restated an “overweight” rating and set a $235.00 price objective on shares of RTX in a research report on Wednesday, January 28th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of RTX in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus price target of $204.44.
View Our Latest Analysis on RTX
More RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: President Trump’s fiscal 2027 budget request calls for a large increase in defense spending, a clear macro tailwind for defense contractors like RTX that could boost backlog and future revenue. The Defense Budget Request Is Here. It’s Quite Something.
- Positive Sentiment: Unusually heavy options activity: investors bought ~47,356 RTX call options (up ~147% vs. average), suggesting short-term bullish positioning or hedging ahead of catalysts. (Options flow can amplify intraday moves.)
- Positive Sentiment: Erste Group initiated coverage with a Buy, citing strength in RTX’s engines business and broader defense spending growth — another vote of confidence from the sell-side. Erste Group Initiates RTX With Buy
- Positive Sentiment: Melius Research upgraded RTX from Hold to Buy, adding to the positive analyst momentum that can support demand for the shares. Finviz note
- Neutral Sentiment: Citigroup trimmed its price target from $238 to $226 but kept a Buy rating — still positive long-term but a modest reduction in upside expectations versus prior coverage. Benzinga
- Neutral Sentiment: Wells Fargo began coverage and set a Hold rating (new coverage can temporarily re-weight flows but is not a strong buy/sell signal). Wells Fargo coverage note
- Neutral Sentiment: RTX’s unit released an open-source toolkit for testing covert communications — a product/tech update that may support defense tech positioning but has uncertain near-term revenue impact. Seeking Alpha
- Neutral Sentiment: Numerous consumer tech headlines mention “RTX” GPUs (NVIDIA’s branding) — these are unrelated to RTX Corporation and can create headline noise that confuses retail flows. Example coverage on local AI acceleration and GPU reviews is about NVIDIA products, not RTX Corp. PCWorld
Insiders Place Their Bets
In other RTX news, insider Shane G. Eddy sold 17,527 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of RTX stock in a transaction dated 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 transaction, the executive vice president owned 59,556 shares in the company, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. 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 three months. Insiders own 0.10% of the company’s stock.
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.
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