Martingale Asset Management L P Has $28.46 Million Stock Position in RTX Corporation $RTX

Martingale Asset Management L P decreased its stake in RTX Corporation (NYSE:RTXFree Report) by 2.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 155,172 shares of the company’s stock after selling 4,263 shares during the quarter. Martingale Asset Management L P’s holdings in RTX were worth $28,459,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of RTX. Brighton Jones LLC boosted its position in shares of RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after purchasing an additional 3,332 shares during the period. Revolve Wealth Partners LLC boosted its position 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 purchasing an additional 159 shares during the period. United Bank boosted its position in shares of RTX by 68.0% in the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after purchasing an additional 4,131 shares during the period. Schnieders Capital Management LLC. boosted its position in shares of RTX by 3.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after purchasing an additional 623 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of RTX in the 2nd quarter valued at $5,157,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on RTX. Weiss Ratings lowered RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday. Finally, Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. 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.com, RTX has an average rating of “Moderate Buy” and an average price target of $211.38.

View Our Latest Stock Report on RTX

RTX Trading Down 0.4%

Shares of NYSE RTX opened at $183.52 on Friday. RTX Corporation has a one year low of $140.47 and a one year high of $214.50. The firm has a market capitalization of $247.14 billion, a PE ratio of 34.43, a PEG ratio of 2.61 and a beta of 0.31. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The business has a 50-day moving average price of $183.00 and a two-hundred day moving average price of $188.99.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same period last year, the company posted $1.47 EPS. The business’s quarterly revenue was up 8.7% 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 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. The ex-dividend date was Friday, May 22nd. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. This is a positive change from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio is presently 54.78%.

RTX News Roundup

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: DBS Bank upgraded RTX from “hold” to “moderate buy,” signaling improved confidence in the company’s outlook and valuation.
  • Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, suggesting expectations for stronger earnings ahead. Source article
  • Positive Sentiment: RTX’s Collins Aerospace unit is expanding its Malaysia MRO hub with a $63 million investment, which supports long-term service capacity and international growth. Source article
  • Positive Sentiment: Recent commentary highlighted RTX as attractive on valuation after defense-contract focus, reinforcing the view that the stock may still have room to rerate if earnings hold up. Source article
  • Neutral Sentiment: RTX remains one of the more watched names among investors, with multiple articles discussing defense spending, autonomous systems, and earnings expectations, but these are mostly sentiment and theme-driven rather than direct company-specific catalysts.
  • Neutral Sentiment: Several headlines about “RTX” relate to Nvidia’s GeForce RTX graphics products and Microsoft’s AI GPU support, which are unrelated to RTX Corporation and are unlikely to affect the stock directly.

RTX Company 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.

See Also

Institutional Ownership by Quarter for RTX (NYSE:RTX)

Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.