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

$113.10

Low target

$110.00

High target

$117.00

Latest filings (excl ownership)

View all

Conflict minerals disclosure

31 May 23

8-K

Amendments to Articles of Incorporation or Bylaws

25 Apr 23

Raytheon Technologies Reports Q1 2023 Results

25 Apr 23

PX14A6G

Letter to shareholders

11 Apr 23

ARS

2022 FY

Annual report to shareholders

13 Mar 23

DEFA14A

Additional proxy soliciting materials

Transcripts

View all

RTX

Earnings call transcript

2023 Q1

25 Apr 23

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

Latest ownership filings

View all

Financial summary

Financial statements Chart RTX financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 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)	5.95 bn	5.95 bn	5.95 bn	5.95 bn	5.95 bn	5.95 bn
Cash burn (monthly)	115.00 mm	11.25 mm	(no burn)	(no burn)	287.67 mm	(no burn)
Cash used (since last report)	238.20 mm	23.30 mm	n/a	n/a	595.84 mm	n/a
Cash remaining	5.71 bn	5.92 bn	n/a	n/a	5.35 bn	n/a
Runway (months of cash)	49.6	526.5	n/a	n/a	18.6	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

RTX institutional ownership history Ownership history

0.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	10	2281	-99.6%
Opened positions	5	319	-98.4%
Closed positions	2276	148	+1437.8%
Increased positions	2	927	-99.8%
Reduced positions	2	749	-99.7%

13F shares	Current	Prev Q	Change
Total value	11.35 bn	118.47 tn	-100.0%
Total shares	126.17 k	1.18 bn	-100.0%
Total puts	0.00	6.49 mm	EXIT
Total calls	0.00	8.51 mm	EXIT
Total put/call ratio	–	0.8	–

Largest owners	Shares	Value	Change
Coastline Trust	57.43 k	$5.62 bn	-4.3%
Capital Asset Advisory Services	18.61 k	$1.82 bn	+4.6%
Mather	13.87 k	$1.36 bn	NEW
Ethic	12.77 k	$1.25 bn	+1.2%
Hayek Kallen Investment Management	7.20 k	$705.00 k	NEW
Atlas Capital Advisors	5.74 k	$561.63 mm	0.0%
TCBI Texas Capital Bancshares	4.12 k	$403.08 mm	-0.2%
Resources Management	3.13 k	$142.00 k	NEW
Burke & Herbert Bank & Trust	3.01 k	$294.77 mm	NEW
Full Sail Capital	310.00	$30.36 mm	NEW

Largest transactions	Bought/sold	Change
STT State Street	-125.88 mm	EXIT
Vanguard	-124.01 mm	EXIT
BLK Blackrock	-101.15 mm	EXIT
Capital Research Global Investors	-80.72 mm	EXIT
Capital International Investors	-52.46 mm	EXIT
Wellington Management	-42.33 mm	EXIT
JPM JPMorgan Chase & Co.	-35.22 mm	EXIT
Dodge & Cox	-33.56 mm	EXIT
MS Morgan Stanley	-30.51 mm	EXIT
Geode Capital Management	-25.54 mm	EXIT

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
2 May 23	George Oliver	Phantom Stock Unit Common Stock	Grant	Acquire A	No	No	98.87	3,287.145	325.00 k	10,439.196
2 May 23	Leanne G Caret	Phantom Stock Unit Common Stock	Grant	Acquire A	No	No	98.87	1,972.287	195.00 k	3,014.493
2 May 23	Tracy A Atkinson	Phantom Stock Unit Common Stock	Grant	Acquire A	No	No	98.87	2,184.687	216.00 k	10,649.366
2 May 23	Rogers Brian C	Phantom Stock Unit Common Stock	Grant	Acquire A	No	No	98.87	3,540.002	350.00 k	27,953.789
2 May 23	James A Winnefeld Jr	Phantom Stock Unit Common Stock	Grant	Acquire A	No	No	98.87	3,540.002	350.00 k	16,454.503