Total Wealth Planning & Management Inc. Takes Position in RTX Corporation $RTX

Total Wealth Planning & Management Inc. acquired a new stake in shares of RTX Corporation (NYSE:RTX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,547 shares of the company’s stock, valued at approximately $1,017,000.

Several other institutional investors also recently made changes to their positions in RTX. Norges Bank purchased a new stake in shares of RTX during the 4th quarter valued at $3,167,626,000. Vanguard Group Inc. grew its stake in shares of RTX by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after buying an additional 2,210,950 shares during the period. California Public Employees Retirement System grew its stake in shares of RTX by 27.5% during the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock valued at $802,640,000 after buying an additional 1,034,456 shares during the period. Groupama Asset Managment purchased a new stake in shares of RTX during the 3rd quarter valued at $150,078,000. Finally, Legal & General Group Plc grew its stake in shares of RTX by 13.4% during the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock valued at $1,199,338,000 after buying an additional 846,656 shares during the period. 86.50% of the stock is owned by hedge funds and other institutional investors.

RTX Stock Up 4.1%

Shares of RTX stock opened at $179.61 on Friday. The company has a fifty day moving average price of $184.32 and a 200 day moving average price of $188.77. 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 twelve month low of $135.43 and a twelve month high of $214.50. The stock has a market cap of $241.87 billion, a price-to-earnings ratio of 33.70, a price-to-earnings-growth ratio of 2.45 and a beta of 0.31.

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

RTX Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, May 22nd. This is an increase from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio is currently 54.78%.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Jefferies upgraded RTX to Buy from Hold and raised its price target to $220 from $210, citing improving margins, strength in commercial aerospace engine aftermarket demand, and continued defense-business momentum. Article Title
• Positive Sentiment: RTX’s Raytheon unit won a $515 million U.S. Navy contract for SPY-6 radar systems, expanding deployment across the fleet and allied governments and underscoring demand for its defense electronics and sensors business. Article Title
• Positive Sentiment: RTX is also expanding landing gear production through a new Poland facility as Collins Aerospace boosts capacity to meet rising aircraft demand, supporting its aerospace growth story. Article Title
• Neutral Sentiment: Additional coverage highlighted RTX as a strong momentum stock and reiterated the SPY-6 contract, but these pieces mainly echoed already positive catalysts rather than adding new information. Article Title

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. DZ Bank cut shares of RTX from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. Jefferies Financial Group raised shares of RTX from a “hold” rating to a “buy” rating and upped their price target for the stock from $210.00 to $220.00 in a research report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $240.00 price target on shares of RTX in a research report on Thursday, March 5th. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Finally, Morgan Stanley decreased their price target on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $211.38.

RTX 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.