Capital Research Global Investors Amends RTX Corp. Stake Filing

Ticker: RTX · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 101829

Rtx Corp SC 13G/A Filing Summary
FieldDetail
CompanyRtx Corp (RTX)
Form TypeSC 13G/A
Filed DateFeb 9, 2024
Risk Levellow
Pages3
Reading Time4 min
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investment

TL;DR

**Big investor Capital Research Global Investors still holds RTX stock, signaling confidence.**

AI Summary

Capital Research Global Investors, a Delaware-based investment firm, filed an amended SC 13G/A on February 9, 2024, indicating their ownership of RTX Corp. common stock as of December 29, 2023. This filing updates their previous disclosure, confirming their continued significant, but passive, stake in the aerospace and defense company. This matters to investors because it shows a major institutional investor maintains a position in RTX, signaling their ongoing confidence in the company's long-term prospects.

Why It Matters

This filing confirms a major institutional investor's continued significant, passive ownership in RTX Corp., which can be seen as a vote of confidence in the company's stability and future performance.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor, indicating no immediate change in their passive investment strategy.

Analyst Insight

Investors should note that a major institutional investor, Capital Research Global Investors, maintains a passive stake in RTX Corp. This suggests continued institutional confidence, but the filing itself doesn't indicate any new strategic moves or significant changes in ownership percentage that would warrant immediate action.

Key Players & Entities

  • Capital Research Global Investors (company) — the reporting person and institutional investor
  • RTX Corp. (company) — the subject company whose securities are being reported
  • Delaware (company) — place of organization for Capital Research Global Investors
  • December 29, 2023 (date) — date of event requiring the filing
  • February 9, 2024 (date) — date the SC 13G/A was filed

FAQ

What type of filing is this and what does it generally indicate?

This is an SC 13G/A filing, which is an amendment to a Schedule 13G. It generally indicates that a passive institutional investor has updated their ownership stake in a company, confirming their continued, non-controlling interest.

Who is the reporting person in this filing?

The reporting person is Capital Research Global Investors, an institutional investment firm with IRS Identification No. 95-1411037, organized in Delaware.

Which company's securities are the subject of this filing?

The subject company is RTX Corp., formerly known as Raytheon Technologies Corp. and United Technologies Corp., with CIK 0000101829.

What was the 'Date of Event Which Requires Filing of this Statement'?

The 'Date of Event Which Requires Filing of this Statement' was December 29, 2023, as stated on the cover page of the filing.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' in the appropriate box on the cover page.

Filing Stats: 1,030 words · 4 min read · ~3 pages · Grade level 8.4 · Accepted 2024-02-09 17:46:33

Filing Documents

From the Filing

SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 ) * RTX Corp. (Name of Issuer) Common Stock (Title of Class of Securities) 75513E101 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 75513E101 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital Research Global Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 90,396,605 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 90,430,489 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 90,430,489 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.3% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer RTX Corp. (b) Address of Issuer's Principal Executive Offices 1000 Wilson Blvd, ARLINGTON, VA 22209 Item 2. (a) Name of Person Filing Capital Research Global Investors (b) Address of Principal Business Office or, if None, Residence 333 South Hope Street, 55th Fl, Los Angeles, CA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 75513E101 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 90,430,489 ** (b) Percent of Class: 6.3% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 90,396,605 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 90,430,489 (iv) shared power to dispose or to direct the disposition of 0 **Capital Research Global Investors ("CRGI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CRGI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital Research Global Investors." CRGI is deemed to be the beneficial owner of 90,430,489 shares or 6.3% of the 1,437,901,284 shares believed to be outstanding. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five

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