Themes Management Co LLC Takes Position in RTX Corporation $RTX

Themes Management Co LLC bought a new stake in shares of RTX Corporation (NYSE:RTX) during the fourth quarter, Holdings Channel reports. The fund bought 29,380 shares of the company’s stock, valued at approximately $5,388,000. RTX makes up approximately 4.0% of Themes Management Co LLC’s portfolio, making the stock its largest position.

A number of other institutional investors have also recently added to or reduced their stakes in RTX. CBIZ Investment Advisory Services LLC raised its position in shares of RTX by 23.5% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 1,114 shares of the company’s stock worth $204,000 after purchasing an additional 212 shares during the last quarter. Harbour Investments Inc. boosted its holdings in RTX by 33.9% in the 4th quarter. Harbour Investments Inc. now owns 27,031 shares of the company’s stock worth $4,958,000 after buying an additional 6,847 shares during the last quarter. Allstate Corp lifted its position in shares of RTX by 110.6% in the fourth quarter. Allstate Corp now owns 102,518 shares of the company’s stock valued at $18,802,000 after acquiring an additional 53,831 shares in the last quarter. MSH Capital Advisors LLC boosted its stake in shares of RTX by 76.3% in the fourth quarter. MSH Capital Advisors LLC now owns 11,956 shares of the company’s stock worth $2,193,000 after acquiring an additional 5,175 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in shares of RTX by 6.1% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 4,332 shares of the company’s stock worth $794,000 after purchasing an additional 249 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Stock Up 0.0%

Shares of RTX opened at $177.06 on Tuesday. The company’s 50-day moving average price is $188.13 and its 200 day moving average price is $188.75. RTX Corporation has a 12-month low of $130.90 and a 12-month 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 cap of $238.45 billion, a P/E ratio of 33.22, a price-to-earnings-growth ratio of 2.51 and a beta of 0.31.

RTX (NYSE:RTX) last announced its 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 company had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same quarter last year, the firm posted $1.47 earnings per share. RTX’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. On average, sell-side analysts forecast that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend 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 51.03%.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: A bullish note on RTX said the stock could have about 14% upside to $201.85, supported by a $271 billion backlog, strong Q1 organic growth, and efficient cash flow generation. RTX Corporation: A Dual Cycle Profile In Play
• Positive Sentiment: Analyst coverage comparing AeroVironment and RTX reiterated RTX’s appeal as militaries increase spending on missile defense, autonomous systems, and integrated targeting technologies. AeroVironment vs. RTX: Which Aerospace-Defense Stock Has the Edge?
• Positive Sentiment: The same aerospace-defense comparison article was republished by Zacks, adding visibility to RTX’s defense-growth narrative. AeroVironment vs. RTX: Which Aerospace-Defense Stock Has the Edge?
• Neutral Sentiment: Several consumer tech stories referenced “RTX” in Nvidia GPU product names, but they are unrelated to RTX Corporation and should not materially affect the stock.
• Negative Sentiment: No clear company-specific negative catalyst appeared in the latest headlines; however, the stock remains well below its 50-day and 200-day moving averages, suggesting traders may still view the recent pullback cautiously.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on RTX shares. Vertical Research reissued a “buy” rating and issued a $227.00 price objective on shares of RTX in a research note on Tuesday, January 27th. TD Cowen reaffirmed a “buy” rating on shares of RTX in a report on Tuesday, January 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. Wells Fargo & Company initiated coverage on shares of RTX in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target on the stock. Finally, Royal Bank Of Canada upped their price objective on shares of RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $210.75.

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.