Compound Planning Inc. Raises Stake in RTX Corporation $RTX

Compound Planning Inc. lifted its stake in RTX Corporation (NYSE:RTX) by 47.5% during the fourth quarter, HoldingsChannel reports. The firm owned 30,010 shares of the company’s stock after purchasing an additional 9,667 shares during the period. Compound Planning Inc.’s holdings in RTX were worth $5,504,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. BNP Paribas purchased a new stake in RTX in the 3rd quarter valued at about $25,000. Navalign LLC bought a new position in RTX in the 4th quarter worth about $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of RTX during the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX during the fourth quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC raised its stake in shares of RTX by 456.7% during the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after acquiring an additional 137 shares in the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on RTX. UBS Group lowered their price target on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Jefferies Financial Group raised RTX from a “hold” rating to a “buy” rating and lifted their target price for the company from $210.00 to $220.00 in a research report on Thursday, June 4th. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Finally, Morgan Stanley dropped their price target on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given 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 currently has an average rating of “Moderate Buy” and a consensus target price of $211.38.

RTX Trading Down 3.4%

NYSE:RTX opened at $186.07 on Friday. RTX Corporation has a one year low of $140.47 and a one year 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. The firm has a market cap of $250.58 billion, a P/E ratio of 34.91, a P/E/G ratio of 2.73 and a beta of 0.31. The firm has a 50-day simple moving average of $182.21 and a 200-day simple moving average of $189.49.

RTX (NYSE:RTX) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share 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 during the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the prior year, the company earned $1.47 EPS. The company’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. Equities analysts anticipate that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. This is an increase from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, May 22nd. RTX’s dividend payout ratio (DPR) is currently 54.78%.

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.