Capital Research Global Investors Amends RTX Corp. Stake Filing

Ticker: RTX · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z

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

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.

From the Filing

0001422848-24-000053.txt : 20240209 0001422848-24-000053.hdr.sgml : 20240209 20240209174633 ACCESSION NUMBER: 0001422848-24-000053 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RTX Corp CENTRAL INDEX KEY: 0000101829 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT ENGINES & ENGINE PARTS [3724] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 060570975 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-30179 FILM NUMBER: 24616463 BUSINESS ADDRESS: STREET 1: 1000 WILSON BLVD CITY: ARLINGTON STATE: VA ZIP: 22209 BUSINESS PHONE: 781-522-3000 MAIL ADDRESS: STREET 1: 1000 WILSON BLVD CITY: ARLINGTON STATE: VA ZIP: 22209 FORMER COMPANY: FORMER CONFORMED NAME: RAYTHEON TECHNOLOGIES CORP DATE OF NAME CHANGE: 20200406 FORMER COMPANY: FORMER CONFORMED NAME: UNITED TECHNOLOGIES CORP /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: UNITED TECHNOLOGIES MICROELECTRONICS CENTER DATE OF NAME CHANGE: 19850825 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Capital Research Global Investors CENTRAL INDEX KEY: 0001422848 ORGANIZATION NAME: IRS NUMBER: 951411037 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FL CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FL CITY: LOS ANGELES STATE: CA ZIP: 90071 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 Fili

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