RTX Corporation $RTX Shares Purchased by James Investment Research Inc.

James Investment Research Inc. raised its position in RTX Corporation (NYSE:RTXFree Report) by 65.5% during the first quarter, HoldingsChannel reports. The firm owned 10,385 shares of the company’s stock after purchasing an additional 4,111 shares during the period. James Investment Research Inc.’s holdings in RTX were worth $2,003,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. World Investment Advisors boosted its holdings in RTX by 8.7% in the 4th quarter. World Investment Advisors now owns 62,448 shares of the company’s stock valued at $11,453,000 after purchasing an additional 5,020 shares during the last quarter. Milestone Asset Management Group LLC raised its position in shares of RTX by 34.7% during the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock valued at $5,504,000 after buying an additional 7,738 shares during the period. New Age Alpha Advisors LLC acquired a new position in RTX in the fourth quarter valued at approximately $2,308,000. Truist Financial Corp grew its position in RTX by 2.3% in the fourth quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after acquiring an additional 53,045 shares during the period. Finally, Wealth Science Advisors LLC acquired a new stake in RTX during the fourth quarter worth $1,439,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on RTX shares. Melius Research raised RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Morgan Stanley decreased their target price on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Citigroup reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Finally, Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.38.

View Our Latest Stock Report on RTX

RTX Trading Up 0.8%

Shares of NYSE RTX opened at $191.33 on Thursday. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $257.66 billion, a PE ratio of 35.90, a PEG ratio of 2.69 and a beta of 0.30. RTX Corporation has a twelve month low of $142.96 and a twelve month high of $214.50. The stock has a fifty day simple moving average of $179.87 and a 200-day simple moving average of $190.47.

RTX (NYSE:RTXGet Free Report) last posted its earnings results 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 return on equity of 13.50% and a net margin of 8.03%.The firm had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same quarter in the prior year, the company earned $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. On average, equities analysts forecast that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Dividend Announcement

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

RTX News Summary

Here are the key news stories impacting RTX this week:

RTX Profile

(Free Report)

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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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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