RTX Corporation $RTX Shares Purchased by Strategic Planning Group LLC

Strategic Planning Group LLC lifted its position in RTX Corporation (NYSE:RTX) by 6.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 69,303 shares of the company’s stock after acquiring an additional 4,051 shares during the period. RTX accounts for approximately 1.6% of Strategic Planning Group LLC’s investment portfolio, making the stock its 21st biggest holding. Strategic Planning Group LLC’s holdings in RTX were worth $12,710,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. BNP Paribas acquired a new position in shares of RTX in the 3rd quarter valued at $25,000. Valley Wealth Managers Inc. acquired a new position in shares of RTX in the 3rd quarter valued at $30,000. Wexford Capital LP acquired a new position in shares of RTX in the 3rd quarter valued at $33,000. Dogwood Wealth Management LLC increased its position in shares of RTX by 57.3% in the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares during the period. Finally, Imprint Wealth LLC acquired a new position in shares of RTX in the 3rd quarter valued at $35,000. 86.50% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Ramsaran Maharajh sold 15,124 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the sale, the executive vice president directly owned 13,184 shares in the company, valued at $2,698,105.60. This trade represents a 53.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $202.83, for a total value of $2,578,577.79. Following the sale, the executive vice president owned 16,749 shares in the company, valued at $3,397,199.67. This trade represents a 43.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 89,255 shares of company stock worth $18,151,956. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

RTX has been the topic of several research reports. Robert W. Baird set a $225.00 target price on RTX in a research report on Wednesday, January 28th. Sanford C. Bernstein reiterated a “market perform” rating and set a $204.00 price objective on shares of RTX in a research note on Thursday, January 29th. Susquehanna reiterated a “positive” rating and set a $230.00 price objective on shares of RTX in a research note on Thursday, January 15th. Wells Fargo & Company initiated coverage on RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price objective for the company. Finally, Vertical Research reiterated a “buy” rating and set a $227.00 price objective on shares of RTX in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $206.59.

RTX Stock Performance

NYSE RTX opened at $178.73 on Tuesday. The stock has a 50-day simple moving average of $194.32 and a two-hundred day simple moving average of $188.89. The firm has a market capitalization of $240.69 billion, a P/E ratio of 33.53, a PEG ratio of 2.50 and a beta of 0.31. RTX Corporation has a fifty-two week low of $127.39 and a fifty-two week high of $214.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02.

RTX (NYSE:RTX) last posted its earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $21.38 billion. During the same period last year, the firm earned $1.47 EPS. The company’s quarterly revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts forecast that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.73 per share. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. RTX’s payout ratio is 51.03%.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon unit won a contract to supply SeaRAM ship self-defense systems for Australia’s new Mogami-class frigates, adding to the company’s defense pipeline and reinforcing demand for its naval protection systems. RTX’s Raytheon selected to provide SeaRAM for Australia’s new Mogami-class frigates
• Positive Sentiment: Collins Aerospace, an RTX business, is investing $26.5 million to expand its Largo, Florida facility, a move that should help accelerate production of commercial aviation radars and defense-related security solutions while creating more than 100 jobs. RTX’s Collins Aerospace accelerates production with $26.5 million investment in Largo, Florida
• Positive Sentiment: RTX also appears to be benefiting from broader defense order momentum, including reports of major Pentagon missile orders involving RTX and Lockheed Martin, which could support near-term revenue and sentiment for the stock. Lockheed, RTX win major Pentagon missile orders

RTX Company Profile

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.