TKG Advisors LLC Buys Shares of 6,914 RTX Corporation $RTX

TKG Advisors LLC acquired a new stake in RTX Corporation (NYSE:RTX) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,914 shares of the company’s stock, valued at approximately $1,268,000.

Several other hedge funds also recently bought and sold shares of RTX. Brighton Jones LLC boosted its holdings in RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after purchasing an additional 3,332 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after purchasing an additional 159 shares during the period. United Bank increased its holdings in shares of RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after purchasing an additional 4,131 shares during the period. Schnieders Capital Management LLC. raised its position in shares of RTX by 3.1% in the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after buying an additional 623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in RTX during the second quarter valued at $5,157,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

NYSE:RTX opened at $179.47 on Friday. The company has a market capitalization of $241.68 billion, a price-to-earnings ratio of 33.67, a PEG ratio of 2.61 and a beta of 0.43. The business has a 50 day moving average of $199.47 and a 200 day moving average of $187.63. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.80. RTX Corporation has a 1-year low of $119.51 and a 1-year high of $214.50.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. During the same period last year, the firm posted $1.47 earnings per share. The business’s revenue was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, sell-side analysts predict that RTX Corporation will post 6.81 earnings per share for the current fiscal year.

RTX Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were issued a $0.68 dividend. The ex-dividend date was Friday, February 20th. This represents a $2.72 annualized dividend and a dividend yield of 1.5%. RTX’s payout ratio is currently 51.03%.

Analysts Set New Price Targets

Several research firms recently commented on RTX. Erste Group Bank began coverage on RTX in a research report on Tuesday, March 24th. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 price target on shares of RTX in a research report on Thursday, March 5th. Citigroup decreased their price objective on shares of RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Robert W. Baird set a $225.00 target price on shares of RTX in a research note on Wednesday, January 28th. Finally, Vertical Research reissued a “buy” rating and issued a $227.00 price target on shares of RTX in a research note on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $202.28.

Insider Activity at RTX

In related news, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction on Friday, February 13th. The shares were sold at an average price of $201.30, for a total value of $1,637,776.80. Following the transaction, the vice president directly owned 27,102 shares of the company’s stock, valued at $5,455,632.60. The trade was a 23.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the sale, the executive vice president directly owned 16,749 shares of the company’s stock, valued at $3,397,199.67. The trade was a 43.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 89,255 shares of company stock worth $18,151,956 over the last three months. Corporate insiders own 0.10% of the company’s stock.

About RTX

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.