Clifford Swan Investment Counsel LLC Sells 17,628 Shares of RTX Corporation $RTX

Clifford Swan Investment Counsel LLC trimmed its stake in RTX Corporation (NYSE:RTX) by 7.8% in the 1st quarter, HoldingsChannel reports. The firm owned 207,240 shares of the company’s stock after selling 17,628 shares during the period. RTX makes up 1.4% of Clifford Swan Investment Counsel LLC’s portfolio, making the stock its 14th largest holding. Clifford Swan Investment Counsel LLC’s holdings in RTX were worth $39,977,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Navalign LLC bought a new stake in RTX during the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX in the fourth quarter worth about $26,000. Evergreen Advisors LLC bought a new position in shares of RTX in the first quarter worth about $31,000. Core Wealth Advisors LLC purchased a new position in shares of RTX during the 4th quarter valued at about $31,000. Finally, 1 North Wealth Services LLC lifted its position in shares of RTX by 456.7% during the 4th 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 in the last quarter. 86.50% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on RTX shares. 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 report on Wednesday, April 22nd. Citigroup reaffirmed a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Morgan Stanley reduced their price objective on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Finally, Erste Group Bank downgraded 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 given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, RTX has an average rating of “Moderate Buy” and a consensus target price of $211.38.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon unit is expanding its footprint in fighter aircraft programs by supplying advanced avionics, sensors, electronic warfare systems and precision weapons, reinforcing its role in key U.S. defense platforms. Article Title
• Positive Sentiment: RTX’s Pratt & Whitney unit is advancing AI-enabled engine inspection capabilities through a deal with Aiir Innovations, which could improve maintenance efficiency and support higher-margin aftermarket services. Article Title
• Positive Sentiment: Investors are also looking ahead to RTX’s upcoming earnings report, with Wall Street expecting earnings growth and the possibility of another beat, which can support sentiment into the print. Article Title
• Neutral Sentiment: Recent reports about NVIDIA’s GeForce RTX gaming GPUs, including launch delays, hotspot temperature issues and SEGA collaborations, do not appear to be material drivers for RTX Corporation’s stock and are likely to be a naming coincidence.

RTX Stock Performance

NYSE:RTX opened at $193.66 on Friday. 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 12-month low of $143.56 and a 12-month high of $214.50. The stock has a 50-day moving average price of $184.63 and a 200 day moving average price of $191.62. The stock has a market capitalization of $260.80 billion, a P/E ratio of 36.33, a P/E/G ratio of 2.66 and a beta of 0.30.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $21.38 billion. During the same period in the previous year, the firm earned $1.47 EPS. The firm’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. Equities research analysts forecast that RTX Corporation will post 6.92 EPS for the current fiscal year.

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a dividend of $0.73 per share. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.5%. RTX’s dividend payout ratio (DPR) is presently 54.78%.

About RTX

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.