Deprince Race & Zollo Inc. Sells 12,570 Shares of RTX Corporation $RTX

Deprince Race & Zollo Inc. decreased its stake in shares of RTX Corporation (NYSE:RTX) by 5.4% during the first quarter, HoldingsChannel.com reports. The fund owned 218,995 shares of the company’s stock after selling 12,570 shares during the period. Deprince Race & Zollo Inc.’s holdings in RTX were worth $42,244,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in RTX during the fourth quarter worth approximately $3,167,626,000. Auto Owners Insurance Co raised its position in shares of RTX by 24,730.9% in the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after purchasing an additional 10,062,269 shares during the period. Vanguard Group Inc. raised its position in shares of RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after purchasing an additional 2,210,950 shares during the period. Artisan Partners Limited Partnership lifted its stake in shares of RTX by 1,545.1% in the fourth quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock worth $316,128,000 after buying an additional 1,618,933 shares during the last quarter. Finally, Amundi lifted its stake in shares of RTX by 49.1% in the fourth quarter. Amundi now owns 4,402,120 shares of the company’s stock worth $807,349,000 after buying an additional 1,450,596 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

RTX has been the topic of a number of research analyst reports. UBS Group lowered their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock 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 report on Wednesday, April 22nd. Melius Research raised RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Wells Fargo & Company started coverage on RTX in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price objective on the stock. Finally, Jefferies Financial Group upgraded RTX from a “hold” rating to a “buy” rating and increased their target price for the company from $210.00 to $220.00 in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $211.38.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, an RTX business, won a $1.10 billion U.S. Navy contract for AIM-9X Block II missiles, reinforcing strong defense demand and supporting the company’s backlog and revenue visibility. How Investors Are Reacting To RTX (RTX) Missile Win, Dividend Decision and Index Removal
• Positive Sentiment: Pratt & Whitney said its F119 engine surpassed one million flight hours on the F-22 Raptor, highlighting long-term program durability and the strength of RTX’s aerospace and defense franchise. RTX’s Pratt & Whitney F119 engine surpasses one million flight hours
• Positive Sentiment: RTX confirmed a quarterly dividend of $0.73 per share, which can support investor confidence in the company’s cash generation and shareholder returns. How Investors Are Reacting To RTX (RTX) Missile Win, Dividend Decision and Index Removal
• Neutral Sentiment: RTX announced it will report second-quarter earnings on July 23, a near-term catalyst that could move the stock but does not reveal new operating results yet. RTX to release second quarter earnings results on July 23, 2026
• Neutral Sentiment: RTX also said Raytheon is developing a large-aperture telescope for a space observatory, a positive technology win but likely a smaller near-term driver for the stock than the defense contract news. RTX’s Raytheon developing large-aperture telescope for rapid observations and precision astrophysics
• Negative Sentiment: RTX was removed from the Russell 1000 Dynamic Index, which can create some technical selling pressure or reduce index-related demand for the shares. How Investors Are Reacting To RTX (RTX) Missile Win, Dividend Decision and Index Removal

RTX Stock Up 0.8%

Shares of RTX opened at $191.33 on Thursday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. The company has a 50-day simple moving average of $179.87 and a 200-day simple moving average of $190.47. RTX Corporation has a 52 week low of $142.96 and a 52 week high of $214.50. The firm has a market capitalization of $257.66 billion, a P/E ratio of 35.90, a P/E/G ratio of 2.69 and a beta of 0.30.

RTX (NYSE:RTX) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.26. The firm had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts expect that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Dividend Announcement

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

RTX 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.