Raytheon Technologies (RTX)

Company Profile

Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Waltham, Massachusetts.

Company profile

Ticker

RTX

Exchange

NYSE

Website

www.rtx.com

CEO

Gregory Hayes

Incorporated

Delaware

Location

Massachusetts

Fiscal year end

Dec 31

Sector

Manufacturing > Aircraft Engine and Engine Parts Manufacturing

Industry (SIC)

Aircraft Engines & Engine Parts

Honeywell International • Heico • Tat Technologies • SIFCO Industries ...

Former names

UNITED TECHNOLOGIES CORP /DE/

SEC CIK

0000101829

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

B/E Aerospace (UK) Limited • B/E Aerospace B.V. • B/E Aerospace, Inc. • Commonwealth Luxembourg Holdings • Delancey Limited Partnership • Eagle Services Asia Private Limited • Goodrich Actuation Systems Limited • Goodrich Actuation Systems SAS • Goodrich Aerospace Canada Ltd • Goodrich Corporation ...

IRS number

60570975

RTX stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$107.80

Low target

$105.00

High target

$115.00

Latest filings (excl ownership)

View all

ARS

2022 FY

Annual report to shareholders

13 Mar 23

DEFA14A

Additional proxy soliciting materials

13 Mar 23

Prospectus for primary offering

24 Feb 23

FWP

Free writing prospectus

23 Feb 23

424B2

Prospectus for primary offering

23 Feb 23

8-K

Departure of Directors or Certain Officers

Transcripts

View all

RTX

Earnings call transcript

2022 Q4

24 Jan 23

RTX

Earnings call transcript

2022 Q3

25 Oct 22

RTX

Earnings call transcript

2022 Q2

26 Jul 22

RTX

Earnings call transcript

2022 Q1

26 Apr 22

RTX

Earnings call transcript

2021 Q4

25 Jan 22

RTX

Earnings call transcript

2021 Q3

26 Oct 21

RTX

Earnings call transcript

2021 Q2

27 Jul 21

RTX

Earnings call transcript

2021 Q1

27 Apr 21

RTX

Earnings call transcript

2020 Q4

26 Jan 21

RTX

Earnings call transcript

2020 Q3

27 Oct 20

Latest ownership filings

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Capital Research Global Investors

Financial summary

Financial statements Chart RTX financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	6.29 bn	6.29 bn	6.29 bn	6.29 bn	6.29 bn	6.29 bn
Cash burn (monthly)	(no burn)	130.17 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	380.94 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	5.91 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	45.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

RTX institutional ownership history Ownership history

80.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2266	2105	+7.6%
Opened positions	308	126	+144.4%
Closed positions	147	205	-28.3%
Increased positions	925	887	+4.3%
Reduced positions	747	814	-8.2%

13F shares	Current	Prev Q	Change
Total value	118.44 tn	84.04 bn	+140834.5%
Total shares	1.18 bn	1.02 bn	+14.7%
Total puts	6.49 mm	6.00 mm	+8.2%
Total calls	8.51 mm	6.90 mm	+23.3%
Total put/call ratio	0.8	0.9	-12.3%

Largest owners	Shares	Value	Change
STT State Street	125.88 mm	$12.70 tn	NEW
Vanguard	124.01 mm	$12.52 tn	+0.7%
BLK Blackrock	101.15 mm	$10.21 tn	+2.9%
Capital Research Global Investors	80.72 mm	$8.15 tn	+3.8%
Capital International Investors	52.46 mm	$5.29 tn	+10.0%
Wellington Management	42.33 mm	$4.27 tn	-2.9%
JPM JPMorgan Chase & Co.	35.22 mm	$3.55 tn	+2.1%
Dodge & Cox	33.56 mm	$3.39 tn	-3.0%
MS Morgan Stanley	30.51 mm	$3.08 tn	+11.3%
Geode Capital Management	25.54 mm	$2.58 tn	+1.4%

Largest transactions	Shares	Bought/sold	Change
STT State Street	125.88 mm	+125.88 mm	NEW
Norges Bank	15.66 mm	+15.66 mm	NEW
Capital International Investors	52.46 mm	+4.79 mm	+10.0%
MS Morgan Stanley	30.51 mm	+3.10 mm	+11.3%
Capital Research Global Investors	80.72 mm	+2.93 mm	+3.8%
BLK Blackrock	101.15 mm	+2.84 mm	+2.9%
Eaton Vance Management	0.00	-2.53 mm	EXIT
Alliancebernstein	6.70 mm	-2.40 mm	-26.4%
D. E. Shaw & Co.	174.40 k	-1.62 mm	-90.3%
BCS Barclays	3.18 mm	+1.49 mm	+88.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

RTX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
20 Mar 23	Kevin G DaSilva	Common Stock	Payment of exercise	Dispose F	No	No	97.53	369	35.99 k	47,287
20 Mar 23	Kremer Wesley D	Common Stock	Payment of exercise	Dispose F	No	No	97.53	1,972	192.33 k	75,471
28 Feb 23	Amy L Johnson	Common Stock	Sell	Dispose S	No	No	98.551	3,622	356.95 k	4,061
8 Feb 23	Gregory Hayes	Stock Appreciation Right Common Stock	Grant	Acquire A	No	No	97.65	267,100	26.08 mm	267,100
8 Feb 23	Kevin G DaSilva	Stock Appreciation Right Common Stock	Grant	Acquire A	No	No	97.65	6,100	595.67 k	6,100
8 Feb 23	Kevin G DaSilva	RSU Common Stock	Grant	Acquire A	No	No	0	3,845	0.00	12,900