RTX
A tiny trim, not a blockbuster exit
The State of Alaska Department of Revenue shaved its RTX stake by 5.6%, selling 8,045 shares and ending up with 134,902 shares worth about $24.74 million. That’s not exactly a “run for the exits” moment — more like a portfolio haircut.
Why investors should care anyway
On its own, a single institutional trim is usually background noise. But RTX is one of those names where the investor crowd is already squinting at every signal: strong earnings, fresh FY2026 EPS guidance of 6.60 to 6.80, and a dividend that still keeps income investors hanging around like it’s the last slice of pizza.
The bigger RTX setup
The MarketBeat roundup also reminds you that analysts are still broadly friendly, with an average “Moderate Buy” rating and a consensus target around $204.44. So while one state fund took a little money off the table, the Street is still basically saying, “nice company, maybe don’t overthink it.”
Big picture
A 5.6% trim doesn’t rewrite the RTX story. It does, though, show that even after a strong run, some holders are choosing to rebalance rather than chase the name higher.