World Investment Advisors Acquires 5,020 Shares of RTX Corporation $RTX

World Investment Advisors boosted its holdings in shares of RTX Corporation (NYSE:RTX) by 8.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,448 shares of the company’s stock after purchasing an additional 5,020 shares during the period. World Investment Advisors’ holdings in RTX were worth $10,829,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas bought a new position in RTX during the third quarter worth about $25,000. Valley Wealth Managers Inc. bought a new position in RTX during the third quarter worth about $30,000. Wexford Capital LP bought a new position in RTX during the third quarter worth about $33,000. Dogwood Wealth Management LLC raised its stake in shares of RTX by 57.3% in the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares during the last quarter. Finally, Imprint Wealth LLC bought a new position in shares of RTX in the third quarter valued at approximately $35,000. Institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

RTX stock opened at $178.14 on Thursday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The company has a 50 day moving average price of $193.17 and a 200 day moving average price of $188.89. RTX Corporation has a fifty-two week low of $129.11 and a fifty-two week high of $214.50. The stock has a market capitalization of $239.90 billion, a PE ratio of 33.42, a price-to-earnings-growth ratio of 2.54 and a beta of 0.31.

RTX (NYSE:RTX) last posted its quarterly earnings data 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 firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the previous year, the company posted $1.47 EPS. RTX’s revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Analysts forecast that RTX Corporation will post 6.91 EPS 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 $0.73 dividend. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 1.6%. RTX’s dividend payout ratio is presently 51.03%.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX won a multi-year SeaRAM ship self-defense contract for Australia’s Sea3000 frigate program, expanding its international naval defense footprint and reinforcing backlog visibility. RTX Wins SeaRAM Ship Self-Defense Contract For Australian Frigates
• Positive Sentiment: RTX’s Raytheon unit received an order for 120 SharpSight radars from Blue Raven, the largest order yet for the surveillance radar system, which highlights demand for its sensing and defense technologies. RTX Corporation (RTX) Receives Order For SharpSight radars from Blue Raven
• Positive Sentiment: Collins Aerospace is investing $26.5 million to expand its Largo, Florida radar facility, a sign RTX is adding production capacity to support both commercial aviation and defense demand. RTX’s Collins Aerospace Invests $26.5M In Florida Expansion
• Neutral Sentiment: Recent coverage about RTX’s valuation and aerospace-and-defense sector pullback suggests some investors may be reassessing whether the shares have run too far, which could temper near-term upside despite the positive operational news. Is It Time To Reassess RTX (RTX) After Recent Pullback In Aerospace And Defense Stocks

Insider Activity at RTX

In related news, VP Kevin G. Dasilva sold 8,136 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $201.30, for a total value of $1,637,776.80. Following the completion of the transaction, the vice president owned 27,102 shares in the company, valued at $5,455,632.60. The trade was a 23.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Ramsaran Maharajh sold 15,124 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the completion of the transaction, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,698,105.60. This trade represents a 53.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 71,728 shares of company stock worth $14,661,279. Company insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on RTX shares. Susquehanna reiterated a “positive” rating and issued a $230.00 target price on shares of RTX in a research note on Thursday, January 15th. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. UBS Group cut their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Morgan Stanley cut their target price 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, JPMorgan Chase & Co. lifted their target price on shares of RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $210.75.

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.