Legacy Wealth Management LLC MS Raises Stock Holdings in RTX Corporation $RTX
by Renee Jackson · The Cerbat GemLegacy Wealth Management LLC MS lifted its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 16.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,624 shares of the company’s stock after acquiring an additional 5,184 shares during the period. RTX accounts for approximately 1.8% of Legacy Wealth Management LLC MS’s portfolio, making the stock its 11th biggest holding. Legacy Wealth Management LLC MS’s holdings in RTX were worth $6,717,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in RTX by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 122,775,221 shares of the company’s stock valued at $20,543,978,000 after purchasing an additional 700,487 shares in the last quarter. State Street Corp grew its holdings in shares of RTX by 0.5% during the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after buying an additional 552,009 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of RTX by 1.1% during the third 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 in the last quarter. Fisher Asset Management LLC raised its position in shares of RTX by 2.8% in the third quarter. Fisher Asset Management LLC now owns 21,174,194 shares of the company’s stock valued at $3,543,078,000 after buying an additional 575,004 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of RTX in the second quarter valued at approximately $2,359,602,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.
Insider Buying and Selling at RTX
In other RTX news, VP Kevin G. Dasilva sold 8,136 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $201.30, for a total value of $1,637,776.80. Following the completion of the sale, the vice president owned 27,102 shares of the company’s stock, valued at $5,455,632.60. This trade represents a 23.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 15,124 shares of RTX stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the sale, the executive vice president owned 13,184 shares in the company, valued at $2,698,105.60. This represents a 53.43% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 89,255 shares of company stock worth $18,151,956. Insiders own 0.10% of the company’s stock.
RTX Stock Performance
NYSE:RTX opened at $200.37 on Friday. The firm’s fifty day simple moving average is $200.92 and its 200 day simple moving average is $181.52. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. RTX Corporation has a twelve month low of $112.27 and a twelve month 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.
RTX (NYSE:RTX – Get Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.08. RTX had a return on equity of 13.08% and a net margin of 7.60%.The firm had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. During the same period in the prior year, the firm earned $1.54 EPS. The firm’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, equities research analysts expect that RTX Corporation will post 6.11 earnings per share for the current fiscal year.
RTX Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were paid a $0.68 dividend. The ex-dividend date was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s dividend payout ratio (DPR) is 54.84%.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on RTX shares. Susquehanna restated a “positive” rating and set a $230.00 target price on shares of RTX in a research report on Thursday, January 15th. UBS Group reiterated a “neutral” rating on shares of RTX in a report on Wednesday, January 28th. Robert W. Baird set a $225.00 price objective on RTX in a report on Wednesday, January 28th. Jefferies Financial Group reaffirmed a “hold” rating on shares of RTX in a research report on Friday, March 6th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 target price on shares of RTX in a research note on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average target price of $202.00.
Check Out Our Latest Research Report on RTX
Key Stories Impacting 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
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.