TKG Advisors LLC grew its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 101.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,911 shares of the company’s stock after acquiring an additional 6,997 shares during the period. TKG Advisors LLC’s holdings in RTX were worth $2,683,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. BNP Paribas purchased a new position in RTX in the third quarter valued at approximately $25,000. Navalign LLC purchased a new stake in RTX in the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC purchased a new stake in RTX in the fourth quarter worth $26,000. Core Wealth Advisors LLC bought a new stake in shares of RTX in the fourth quarter valued at $31,000. Finally, 1 North Wealth Services LLC raised its stake in shares of RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after buying an additional 137 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the company. Morgan Stanley cut their price target on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Citigroup restated a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Wells Fargo & Company began coverage on shares of RTX in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 target price for the company. UBS Group reduced their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Finally, Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $211.38.
RTX Stock Performance
RTX stock opened at $191.33 on Thursday. RTX Corporation has a 1-year low of $142.96 and a 1-year high of $214.50. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $257.66 billion, a PE ratio of 35.90, a price-to-earnings-growth ratio of 2.69 and a beta of 0.30. The firm’s 50 day simple moving average is $179.87 and its 200 day simple moving average is $190.47.
RTX (NYSE:RTX – Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.52 by $0.26. The firm had revenue of $22.08 billion during 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%. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the firm earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, analysts expect that RTX Corporation will post 6.91 earnings per share for the current fiscal year.
RTX Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, August 14th. RTX’s payout ratio is presently 54.78%.
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raytheon, an RTX business, won a $1.10 billion U.S. Navy contract for AIM-9X Block II missiles, reinforcing strong defense demand and supporting the company’s backlog and revenue visibility. How Investors Are Reacting To RTX (RTX) Missile Win, Dividend Decision and Index Removal
- Positive Sentiment: Pratt & Whitney said its F119 engine surpassed one million flight hours on the F-22 Raptor, highlighting long-term program durability and the strength of RTX’s aerospace and defense franchise. RTX’s Pratt & Whitney F119 engine surpasses one million flight hours
- Positive Sentiment: RTX confirmed a quarterly dividend of $0.73 per share, which can support investor confidence in the company’s cash generation and shareholder returns. How Investors Are Reacting To RTX (RTX) Missile Win, Dividend Decision and Index Removal
- Neutral Sentiment: RTX announced it will report second-quarter earnings on July 23, a near-term catalyst that could move the stock but does not reveal new operating results yet. RTX to release second quarter earnings results on July 23, 2026
- Neutral Sentiment: RTX also said Raytheon is developing a large-aperture telescope for a space observatory, a positive technology win but likely a smaller near-term driver for the stock than the defense contract news. RTX’s Raytheon developing large-aperture telescope for rapid observations and precision astrophysics
- Negative Sentiment: RTX was removed from the Russell 1000 Dynamic Index, which can create some technical selling pressure or reduce index-related demand for the shares. How Investors Are Reacting To RTX (RTX) Missile Win, Dividend Decision and Index Removal
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.
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