RTX Corporation $RTX Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its position in shares of RTX Corporation (NYSE:RTXFree Report) by 7.7% in the third quarter, Holdings Channel.com reports. The firm owned 46,092 shares of the company’s stock after acquiring an additional 3,297 shares during the period. Stratos Wealth Partners LTD.’s holdings in RTX were worth $7,713,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after purchasing an additional 3,332 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after buying an additional 159 shares during the last quarter. Cornerstone Wealth Group LLC lifted its holdings in shares of RTX by 22.1% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 6,356 shares of the company’s stock worth $928,000 after purchasing an additional 1,150 shares during the last quarter. RFG Advisory LLC grew its position in shares of RTX by 5.8% during the second quarter. RFG Advisory LLC now owns 21,156 shares of the company’s stock worth $3,089,000 after acquiring an additional 1,160 shares during the last quarter. Finally, Cypress Wealth Services LLC grew its holdings in RTX by 7.1% in the 2nd quarter. Cypress Wealth Services LLC now owns 2,364 shares of the company’s stock worth $345,000 after buying an additional 157 shares in the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.

RTX Stock Performance

RTX stock opened at $196.65 on Thursday. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $206.48. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. The stock has a 50-day moving average price of $189.28 and a 200-day moving average price of $173.10. The firm has a market cap of $263.96 billion, a PE ratio of 39.65, a price-to-earnings-growth ratio of 2.82 and a beta of 0.43.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The company had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. During the same quarter last year, the firm posted $1.54 EPS. The company’s quarterly revenue was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, equities research analysts expect that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 20th will be paid a $0.68 dividend. The ex-dividend date is Friday, February 20th. This represents a $2.72 annualized dividend and a dividend yield of 1.4%. RTX’s dividend payout ratio (DPR) is currently 54.84%.

RTX News Roundup

Here are the key news stories impacting RTX this week:

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on RTX shares. The Goldman Sachs Group upped their target price on RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. Bank of America increased their target price on RTX from $175.00 to $215.00 and gave the company a “buy” rating in a research note on Monday, October 27th. Robert W. Baird set a $225.00 target price on shares of RTX in a research note on Wednesday, January 28th. Finally, JPMorgan Chase & Co. raised their price target on shares of RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $199.50.

Get Our Latest Stock Analysis on RTX

About RTX

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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