RTX
When a portfolio nudge becomes a headline
Focused Investors LLC sold 20,750 RTX shares, shaving its position by 2.7% and leaving it with about 760,050 shares worth roughly $139.4 million. In other words: not a full-on exit, more like moving a few books around on the shelf.
The real story is still the business
For investors, the bigger deal is that RTX just posted a solid quarter. It delivered $1.55 in EPS, topping estimates, while revenue came in at $24.24 billion — up 12.1% from a year ago. That’s the kind of print that tells you the engine is still humming, even if the stock has had plenty of moving parts lately.
Guidance: the part Wall Street actually circles
RTX also raised the stakes with FY2026 guidance of $6.60 to $6.80 in EPS. That matters because guidance is basically management’s version of, “Here’s what we think the future looks like, so please don’t be weird about it.” And because the company pays a $0.68 quarterly dividend, income-focused investors still have a reason to stick around.
Big picture
A single fund trimming its RTX position is interesting, sure, but it’s not the main event. The larger takeaway is that RTX continues to combine defense spending, commercial aerospace, and shareholder payouts into one pretty sturdy package — the financial equivalent of a three-course meal instead of snack food.