RTX
New money, same old defense giant
Merit Financial Group LLC quietly added 6,811 shares of RTX in the latest 13F filing, lifting its position by 6.5% to 112,240 shares. At roughly $20.6 million, that’s not couch-cushion change.
Why investors should care
RTX is one of those mega-cap defense names that can feel like the boring sweater in your closet — until the weather turns. When institutions add to a name like this, it usually says they still like the combination of steady demand, defense spending, and dividend drip.
The bigger backdrop
This filing lands while RTX is already having a pretty busy spring:
- the company just posted a Q1 beat on both EPS and revenue
- management guided FY2026 EPS to 6.600–6.800
- the stock also carries a $2.72 annual dividend, which keeps income investors hanging around like it’s the free snacks table
The stock’s been doing the responsible adult thing
Insiders have sold shares over the past three months, while institutional ownership remains huge at 86.5%. Translation: the smart-money crowd is still very much in the building, even if some insiders are taking chips off the table.
Big picture: this isn’t a headline that rewrites RTX’s story, but it’s another vote of confidence from the institutional side — and in a name this size, those votes can matter when the market is deciding whether to pay up for defense stability.