Windward Capital Management Co. CA Sells 4,929 Shares of RTX Corporation $RTX

Windward Capital Management Co. CA reduced its holdings in RTX Corporation (NYSE:RTX) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,133 shares of the company’s stock after selling 4,929 shares during the quarter. RTX makes up approximately 2.0% of Windward Capital Management Co. CA’s holdings, making the stock its 16th largest holding. Windward Capital Management Co. CA’s holdings in RTX were worth $24,783,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RTX. California Public Employees Retirement System raised its stake in shares of RTX by 27.5% during the third quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock worth $802,640,000 after buying an additional 1,034,456 shares during the last quarter. Groupama Asset Managment bought a new position in shares of RTX in the 3rd quarter worth $150,078,000. Legal & General Group Plc increased its holdings in RTX by 13.4% in the third quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock valued at $1,199,338,000 after purchasing an additional 846,656 shares during the last quarter. Capital Research Global Investors grew its position in shares of RTX by 1.1% during the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock worth $12,750,087,000 after buying an additional 799,155 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in RTX by 37.5% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,649,335 shares of the company’s stock worth $443,313,000 after acquiring an additional 722,030 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on RTX shares. Jefferies Financial Group lowered their target price on RTX from $225.00 to $210.00 and set a “hold” rating for the company in a research note on Monday, April 13th. JPMorgan Chase & Co. boosted their price objective 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. 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. TD Cowen restated a “buy” rating on shares of RTX in a report on Tuesday, January 27th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $202.28.

RTX Trading Down 0.8%

Shares of RTX stock opened at $179.47 on Friday. The firm’s 50-day moving average price is $199.47 and its two-hundred day moving average price is $187.63. The company has a market capitalization of $241.68 billion, a price-to-earnings ratio of 33.67, a PEG ratio of 2.61 and a beta of 0.43. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. RTX Corporation has a 12-month low of $119.51 and a 12-month high of $214.50.

RTX (NYSE:RTX) last issued its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating 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 for the quarter, compared to the consensus estimate of $21.38 billion. During the same quarter last year, the business posted $1.47 EPS. The company’s 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. On average, analysts forecast that RTX Corporation will post 6.81 earnings per share for the current fiscal year.

RTX Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors 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 annualized dividend and a yield of 1.5%. RTX’s dividend payout ratio is presently 51.03%.

Insider Activity

In other news, insider Shane G. Eddy sold 17,527 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the completion of the sale, the executive vice president owned 59,556 shares in the company, valued at $12,242,331.36. This trade represents a 37.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 89,255 shares of company stock valued at $18,151,956. 0.10% of the stock is currently owned by insiders.

RTX 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.