RTX Corporation $RTX Shares Bought by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. raised its holdings in RTX Corporation (NYSE:RTX) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 454,827 shares of the company’s stock after acquiring an additional 8,781 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in RTX were worth $83,415,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of RTX. Norges Bank acquired a new position in shares of RTX during the 4th quarter worth $3,167,626,000. Vanguard Group Inc. raised its stake in shares of RTX by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after buying an additional 2,210,950 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of RTX by 27.5% during the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock worth $802,640,000 after buying an additional 1,034,456 shares during the last quarter. Groupama Asset Managment acquired a new position in shares of RTX during the 3rd quarter worth $150,078,000. Finally, Legal & General Group Plc raised its stake in shares of RTX by 13.4% during the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock worth $1,199,338,000 after buying an additional 846,656 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analyst Ratings Changes

RTX has been the subject of several research reports. Melius Research raised RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Jefferies Financial Group cut their price target on RTX from $225.00 to $210.00 and set a “hold” rating for the company in a research note on Monday, April 13th. Morgan Stanley cut their price target on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Finally, Citigroup cut their price target on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, RTX presently has a consensus rating of “Moderate Buy” and a consensus price target of $210.75.

RTX Trading Up 0.1%

RTX stock opened at $179.16 on Friday. The stock has a market cap of $241.27 billion, a PE ratio of 33.61, a P/E/G ratio of 2.55 and a beta of 0.31. The stock has a 50-day moving average price of $186.04 and a 200 day moving average price of $188.74. RTX Corporation has a 52 week low of $131.90 and a 52 week 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.

RTX (NYSE:RTX) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. The firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities research analysts predict that RTX Corporation will post 6.91 earnings per share for the current fiscal 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. The ex-dividend date is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. This is a boost from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio (DPR) is 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.