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Hemenway Trust Co LLC Cuts Holdings in RTX Corporation $RTX
Hemenway Trust Co LLC has reduced its stake in RTX Corporation by 4.3%, selling 10,104 shares to now hold 224,612 shares valued at approximately $41.19 million, representing 3.2% of its portfolio. This reduction comes despite RTX beating Q1 earnings estimates and raising its quarterly dividend, supported by strong defense orders. However, the company faces potential near-term upside limitations due to supply-chain and cost pressures.