4,875 Shares in RTX Corporation $RTX Acquired by Hilton Head Capital Partners LLC

Hilton Head Capital Partners LLC bought a new position in RTX Corporation (NYSE:RTX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,875 shares of the company’s stock, valued at approximately $894,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. CNB Bank boosted its holdings in RTX by 2.2% in the fourth quarter. CNB Bank now owns 17,298 shares of the company’s stock worth $3,172,000 after purchasing an additional 372 shares during the last quarter. Syon Capital LLC boosted its stake in shares of RTX by 10.2% during the 4th quarter. Syon Capital LLC now owns 20,066 shares of the company’s stock worth $3,680,000 after acquiring an additional 1,850 shares during the last quarter. ING Groep NV boosted its stake in shares of RTX by 79.0% during the 4th quarter. ING Groep NV now owns 309,675 shares of the company’s stock worth $56,794,000 after acquiring an additional 136,633 shares during the last quarter. Vermillion Wealth Management Inc. boosted its stake in shares of RTX by 73.5% during the 4th quarter. Vermillion Wealth Management Inc. now owns 472 shares of the company’s stock worth $87,000 after acquiring an additional 200 shares during the last quarter. Finally, Capital International Sarl boosted its stake in shares of RTX by 57.6% during the 4th quarter. Capital International Sarl now owns 63,987 shares of the company’s stock worth $11,735,000 after acquiring an additional 23,393 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Stock Up 0.1%

RTX opened at $181.26 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. RTX Corporation has a fifty-two week low of $135.43 and a fifty-two week high of $214.50. The firm’s fifty day moving average is $184.04 and its 200 day moving average is $188.81. The stock has a market cap of $244.10 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 2.57 and a beta of 0.31.

RTX (NYSE:RTX) last released its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the previous year, the company earned $1.47 EPS. 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 forecast that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be paid a dividend of $0.73 per share. This is a positive change from RTX’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. RTX’s dividend payout ratio is presently 54.78%.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Jefferies upgraded RTX to Buy from Hold and raised its price target to $220, citing improving profit margins, strength in the defense business, and growth in commercial aerospace engine aftermarket revenue. RTX stock rises 4% after Jefferies upgrade, lifts target to $220
• Positive Sentiment: RTX won a $515 million U.S. Navy contract for its SPY-6 radar systems, expanding the program’s deployment across the Navy and allied governments and reinforcing the company’s defense electronics growth story. RTX SPY-6 Radar Win Expands Naval Role And Long Term Appeal
• Positive Sentiment: RTX is expanding landing gear production with a new Poland facility, a sign Collins Aerospace is investing to meet rising aircraft demand and support longer-term commercial aerospace growth. How Is RTX Expanding Landing Gear Production to Support Growth?
• Neutral Sentiment: Several articles repeated a broad “brokers suggest investing in RTX” theme, but these pieces mainly question the usefulness of average analyst ratings and do not add much new fundamental information. Brokers Suggest Investing in RTX (RTX): Read This Before Placing a Bet
• Neutral Sentiment: Tech headlines mentioning “RTX Spark” relate to NVIDIA’s product branding, not RTX Corporation, so they should not materially affect RTX stock. NVIDIA’s RTX Spark Superchip…

Analyst Ratings Changes

Several research analysts have recently weighed in on RTX shares. Citigroup dropped their price target on shares of RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Wells Fargo & Company started coverage on shares of RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price target on the stock. Finally, Erste Group Bank cut shares of RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.38.

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.