Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of RTX Corporation (NYSE:RTX – Free Report) by 43.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 142,746 shares of the company’s stock after buying an additional 43,142 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in RTX were worth $27,536,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas acquired a new position in shares of RTX during the 3rd quarter valued at about $25,000. Navalign LLC purchased a new position in shares of RTX during the 4th quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX in the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the fourth quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC grew its holdings in 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 purchasing an additional 137 shares during the period. 86.50% of the stock is owned by institutional investors and hedge funds.
More RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Analysts highlighted RTX’s expanding position in the electronic warfare market, pointing to advanced jamming, sensing and mission systems as defense spending supports demand. Is RTX Strengthening Its Position in the Electronic Warfare Market?
- Positive Sentiment: RTX’s global sustainment and lifecycle support business was cited as a potential long-term growth engine, reinforcing the company’s recurring-revenue profile. Can RTX’s Global Sustainment Services Drive Long-Term Growth?
- Positive Sentiment: RTX also drew attention for technical progress in aviation, including a high power-density electric motor test that may support future aerospace innovation. RTX Runs High Power-Density Electric Motor For Aviation
- Neutral Sentiment: One market note said RTX now appears to trade near intrinsic value on discounted cash flow and earnings-based measures, implying limited valuation support for a major rerating either way. RTX (RTX) Stock May Trade At A Cash Flow Discount And Earnings Premium
- Neutral Sentiment: Other headlines focused on NVIDIA RTX 5000/5070/5090 graphics cards and thermal issues, which are unrelated to RTX Corporation and likely had little direct impact on the stock. NVIDIA RTX 5000 GPUs get hotspot temperature readings…
- Negative Sentiment: Recent trading showed RTX declining even as the market rose, suggesting some investors are locking in gains or waiting for a stronger catalyst. RTX (RTX) Stock Falls Amid Market Uptick: What Investors Need to Know
RTX Trading Down 1.3%
RTX (NYSE:RTX – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) 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 the consensus estimate of $21.38 billion. During the same period in the previous year, the firm earned $1.47 earnings per share. RTX’s revenue for the quarter 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, sell-side analysts predict that RTX Corporation will post 6.92 EPS for the current year.
RTX Announces Dividend
The firm also recently declared 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 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio is 54.78%.
Wall Street Analyst Weigh In
A number of research firms have weighed in on RTX. Morgan Stanley cut their price target on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Citigroup reaffirmed a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Finally, UBS Group reduced their target price on RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $211.38.
Get Our Latest Stock Analysis on RTX
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.
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