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

Martingale Asset Management L P trimmed its position in shares of RTX Corporation (NYSE:RTX) by 2.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 155,172 shares of the company’s stock after selling 4,263 shares during the period. Martingale Asset Management L P’s holdings in RTX were worth $28,459,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. BNP Paribas bought a new position in shares of RTX in the 3rd quarter valued at approximately $25,000. Navalign LLC bought a new position in shares of RTX in the 4th quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX in the 4th quarter valued at approximately $26,000. Core Wealth Advisors LLC bought a new position in shares of RTX in the 4th quarter valued at approximately $31,000. Finally, Wexford Capital LP bought a new position in shares of RTX in the 3rd quarter valued at approximately $33,000. 86.50% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on RTX. Jefferies Financial Group raised RTX from a “hold” rating to a “buy” rating and raised their price objective for the company from $210.00 to $220.00 in a research note on Thursday, June 4th. Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Wells Fargo & Company started coverage on RTX in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target on the stock. Melius Research raised RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Finally, Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average target price of $211.38.

Key Headlines Impacting RTX

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 Stock Performance

Shares of NYSE RTX opened at $183.52 on Friday. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The business’s 50 day moving average is $183.00 and its two-hundred day moving average is $188.99. The company has a market cap of $247.14 billion, a P/E ratio of 34.43, a P/E/G ratio of 2.61 and a beta of 0.31. RTX Corporation has a 12 month low of $140.47 and a 12 month high of $214.50.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same quarter last year, the firm earned $1.47 EPS. RTX’s revenue for the quarter 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, equities analysts expect that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The company also recently disclosed 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. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, May 22nd. This is a boost from RTX’s previous quarterly dividend of $0.68. RTX’s payout ratio is 54.78%.

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.