RTX Corporation $RTX Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC lessened its position in RTX Corporation (NYSE:RTX) by 5.5% during the fourth quarter, Holdings Channel reports. The fund owned 1,355,182 shares of the company’s stock after selling 78,466 shares during the quarter. Natixis Advisors LLC’s holdings in RTX were worth $248,540,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Alpha Cubed Investments LLC boosted its holdings in shares of RTX by 0.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after buying an additional 50 shares during the period. LeConte Wealth Management LLC boosted its holdings in shares of RTX by 2.3% in the fourth quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock worth $412,000 after buying an additional 51 shares during the period. Rydar Equities Inc. boosted its holdings in shares of RTX by 0.4% in the fourth quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock worth $2,480,000 after buying an additional 52 shares during the period. Howard Capital Management Inc. boosted its holdings in shares of RTX by 0.4% in the fourth quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock worth $2,263,000 after buying an additional 53 shares during the period. Finally, Purus Wealth Management LLC boosted its holdings in shares of RTX by 0.4% in the fourth quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock worth $2,700,000 after buying an additional 53 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Trading Down 2.9%

Shares of RTX stock opened at $174.39 on Tuesday. The company’s fifty day simple moving average is $185.52 and its 200-day simple moving average is $188.78. The company has a market cap of $234.84 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 2.55 and a beta of 0.31. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. RTX Corporation has a 1 year low of $135.43 and a 1 year high of $214.50.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.26. The business had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. RTX’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the company posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, sell-side analysts expect that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd will be paid a $0.73 dividend. The ex-dividend date is Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 annualized dividend and a dividend yield of 1.7%. RTX’s dividend payout ratio is 54.78%.

Analyst Ratings Changes

Several research analysts have commented on RTX shares. DZ Bank cut shares of RTX from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. Finally, UBS Group cut their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $210.75.

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.