Whalen Wealth Management Inc. Buys New Position in RTX Corporation $RTX

04 Apr 2026, 08:44 by Amy Steele · The Cerbat Gem

Whalen Wealth Management Inc. bought a new stake in shares of RTX Corporation (NYSE:RTX – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,283 shares of the company’s stock, valued at approximately $1,152,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas acquired a new stake in shares of RTX during the third quarter worth $25,000. Valley Wealth Managers Inc. acquired a new position in RTX in the third quarter valued at $30,000. SOA Wealth Advisors LLC. boosted its position in RTX by 57.4% during the third 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 bought a new stake in RTX during the third quarter valued at $33,000. Finally, Dogwood Wealth Management LLC grew its holdings 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. Institutional investors own 86.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Erste Group Bank initiated coverage on RTX in a research note on Tuesday, March 24th. They issued a “buy” rating on the stock. JPMorgan Chase & Co. raised their target price on RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of RTX in a research note on Monday, December 29th. Morgan Stanley restated an “overweight” rating and set a $235.00 price target on shares of RTX in a report on Wednesday, January 28th. Finally, Susquehanna reaffirmed a “positive” rating and set a $230.00 price objective on shares of RTX in a research report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, RTX presently has an average rating of “Moderate Buy” and an average target price of $204.44.

Read Our Latest Analysis on RTX

RTX Stock Performance

Shares of RTX opened at $196.25 on Friday. RTX Corporation has a one year low of $112.27 and a one year high of $214.50. The company has a market cap of $264.14 billion, a PE ratio of 39.57, a P/E/G ratio of 2.84 and a beta of 0.43. The stock has a 50-day moving average of $200.25 and a 200-day moving average of $184.35. 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 (NYSE:RTX – Get Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.08. The business had revenue of $24.24 billion for the quarter, compared to the consensus estimate of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts predict that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were issued a dividend of $0.68 per share. The ex-dividend date was Friday, February 20th. This represents a $2.72 annualized dividend and a dividend yield of 1.4%. RTX’s payout ratio is currently 54.84%.

Insider Activity at RTX

In other RTX news, insider Shane G. Eddy sold 17,527 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total transaction of $3,490,677.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Kevin G. Dasilva sold 8,136 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the transaction, the vice president owned 27,102 shares in the company, valued at approximately $5,455,632.60. The trade was a 23.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 89,255 shares of company stock valued at $18,151,956 over the last three months. 0.10% of the stock is currently owned by company insiders.

RTX News Roundup

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

About RTX

(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.