Clough Capital Partners L P Has $25.35 Million Stock Position in RTX Corporation $RTX

Clough Capital Partners L P lessened its position in RTX Corporation (NYSE:RTX) by 6.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,206 shares of the company’s stock after selling 10,080 shares during the period. RTX accounts for about 2.3% of Clough Capital Partners L P’s portfolio, making the stock its 14th biggest holding. Clough Capital Partners L P’s holdings in RTX were worth $25,347,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of RTX. BNP Paribas acquired a new position in RTX in the 3rd quarter worth about $25,000. Navalign LLC acquired a new position in RTX in the 4th quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX in the 4th quarter worth about $26,000. Core Wealth Advisors LLC acquired a new position in RTX in the 4th quarter worth about $31,000. Finally, 1 North Wealth Services LLC increased its holdings in RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 137 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Trading Up 3.0%

Shares of RTX stock opened at $192.31 on Thursday. The stock has a market cap of $258.98 billion, a price-to-earnings ratio of 36.08, a PEG ratio of 2.65 and a beta of 0.31. The stock has a 50-day moving average of $182.44 and a 200-day moving average of $189.41. 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 1-year low of $140.47 and a 1-year high of $214.50.

RTX (NYSE:RTX) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company 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 firm posted $1.47 earnings per share. The business’s quarterly revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts forecast that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio is currently 54.78%.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX drew investor interest after a new analysis said the stock could be undervalued by about 13% based on annual revenue of $90.4 billion and net income of $7.3 billion, reinforcing the case that the shares may have room to run. RTX (RTX) Stock Could Be 13.2% Undervalued After Revenue Hit US$90.4b
• Positive Sentiment: GM Defense discussions involving RTX and other defense partners suggest potential supply-chain and weapons-stockpile demand tailwinds for RTX’s defense businesses. GM Defense Talks Could Reshape Munitions Supply Chains
• Positive Sentiment: RTX announced plans to invest $100 million in its Raytheon Rhode Island facility, a signal that management is continuing to fund capacity and long-term defense production. RTX to Invest $100 Million in Raytheon Rhode Island Facility
• Neutral Sentiment: RTX’s aircraft interiors business is being highlighted as a growth driver as airlines modernize cabins and upgrade connectivity, but the article is more of a strategic positive than a near-term earnings catalyst. How Is RTX Strengthening Growth via Advanced Aircraft Interiors?
• Neutral Sentiment: Recent market coverage noted RTX outperformed on a down day for the broader market, but the move largely reflects relative strength rather than a new company-specific catalyst. RTX (RTX) Gains As Market Dips: What You Should Know

Analysts Set New Price Targets

RTX has been the subject of a number of recent research reports. Melius Research raised RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $240.00 target price on shares of RTX in a report on Thursday, March 5th. Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. UBS Group decreased their price target on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Finally, Jefferies Financial Group raised RTX from a “hold” rating to a “buy” rating and increased their price target for the company from $210.00 to $220.00 in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, RTX currently has a consensus 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.