Miller Global Investments LLC Acquires New Shares in RTX Corporation $RTX
by Scott Moore · The Cerbat GemMiller Global Investments LLC acquired a new position in shares of RTX Corporation (NYSE:RTX – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,969 shares of the company’s stock, valued at approximately $911,000.
Several other large investors have also added to or reduced their stakes in the stock. State Street Corp increased its position in shares of RTX by 0.5% during the 2nd quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after purchasing an additional 552,009 shares during the last quarter. State Board of Administration of Florida Retirement System raised its holdings in shares of RTX by 1.2% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock valued at $192,333,000 after buying an additional 16,034 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in RTX by 10.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock worth $28,648,000 after buying an additional 16,467 shares during the last quarter. Rockland Trust Co. boosted its stake in RTX by 121.1% in the third quarter. Rockland Trust Co. now owns 20,245 shares of the company’s stock worth $3,388,000 after buying an additional 11,089 shares in the last quarter. Finally, Groupama Asset Managment purchased a new stake in RTX in the third quarter worth approximately $150,078,000. Institutional investors own 86.50% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have commented on the stock. Sanford C. Bernstein reissued a “market perform” rating and set a $204.00 price target on shares of RTX in a research note on Thursday, January 29th. Wolfe Research reaffirmed an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. Robert W. Baird set a $225.00 target price on shares of RTX in a report on Wednesday, January 28th. DZ Bank cut shares of RTX from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 price target on shares of RTX in a research note on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and an average price target of $202.00.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Higher defense spending could lift revenue outlook — Barron’s reports the Pentagon is seeking roughly $200 billion tied to the Iran conflict, which would increase budgetary tailwinds for major defense suppliers like RTX and could boost near-term contract visibility. Pentagon Seeks $200 Billion for Iran War
- Positive Sentiment: Geopolitical escalation supports defense demand — Reports that an F-35 was hit and made an emergency landing (developing story) raise the probability of accelerated procurement and sustainment spending; RTX supplies avionics and missile‑defense components that could benefit. Iran Claims Strike on U.S. F-35 as Pentagon Confirms Emergency Landing
- Neutral Sentiment: Analyst and sector coverage may be amplifying moves — Zacks notes RTX is a trending stock, and recent industry recaps compare RTX performance vs. peers; these stories can drive headline trading but add limited new fundamental information. Here is What to Know Beyond Why RTX Corporation (RTX) is a Trending Stock
- Neutral Sentiment: Quarterly/peer context available — A defense contractors Q4 recap provides benchmarking that investors may use to reassess RTX multiples and growth vs. peers; useful for medium-term positioning rather than immediate impact. Defense Contractors Stocks Q4 Recap: Benchmarking RTX
- Neutral Sentiment: Many tech/gaming “RTX” headlines are about NVIDIA GPU products and retail discounts (laptops/desktops) and are not related to RTX Corporation; these can create ticker-name confusion among retail flows. Example: consumer laptop deals citing “RTX” GPUs. Punchy RTX 5080, 300Hz gaming laptop drops price again – now $300 off
- Negative Sentiment: Legal/contract risk from Airbus dispute is the clearest near-term headwind — TipRanks reports investors sold after Airbus said it could pursue unspecified damages in an engine-row with RTX-related suppliers; that uncertainty around potential payments or contract disruptions is pressuring the stock. RTX Stock Dives as Airbus Engine Row Could Lead to ‘Unspecified Damages’ Decision
Insider Activity at RTX
In other RTX news, insider Shane G. Eddy sold 17,527 shares of RTX stock in a transaction that occurred on 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 this hyperlink. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company’s stock in a transaction that occurred on 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 $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. Insiders have sold 89,255 shares of company stock valued at $18,151,956 over the last three months. Corporate insiders own 0.10% of the company’s stock.
RTX Stock Performance
Shares of RTX stock opened at $200.37 on Friday. The stock has a fifty day moving average of $200.92 and a 200 day moving average of $181.52. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $214.50. The firm has a market capitalization of $269.70 billion, a price-to-earnings ratio of 40.40, a PEG ratio of 2.96 and a beta of 0.42. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51.
RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business had revenue of $24.24 billion for the quarter, compared to the consensus estimate of $22.65 billion. During the same period in the previous year, the firm earned $1.54 EPS. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, research analysts expect that RTX Corporation will post 6.11 earnings per share for the current year.
RTX Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, February 20th were given 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%.
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.