Leonteq Securities AG Makes New $2.56 Million Investment in RTX Corporation $RTX

Leonteq Securities AG bought a new position in RTX Corporation (NYSE:RTX) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 13,971 shares of the company’s stock, valued at approximately $2,562,000.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted 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 purchasing an additional 2,210,950 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of RTX by 1.1% during the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock worth $12,750,087,000 after purchasing an additional 799,155 shares during the last quarter. Fisher Asset Management LLC lifted its stake in shares of RTX by 2.8% during the 3rd quarter. Fisher Asset Management LLC now owns 21,174,194 shares of the company’s stock worth $3,543,078,000 after purchasing an additional 575,004 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of RTX by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 7,642,723 shares of the company’s stock worth $1,278,740,000 after purchasing an additional 147,940 shares during the last quarter. Finally, Legal & General Group Plc lifted 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 purchasing an additional 846,656 shares during the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s BBN Technologies demonstrated PACE4ACE, an auto-switching system that keeps critical data flowing in jammed or fragmented battlefield networks, highlighting the company’s ability to win funded defense R&D work and expand its communications portfolio. RTX’s BBN Technologies unveils auto-switching system that keeps critical data alive
• Positive Sentiment: RTX won an ONR contract to develop multiplexing radar software, adding to recent signs that its software-defined radar efforts could support future Navy and Marine Corps systems and open more defense revenue opportunities. RTX Wins ONR Contract To Develop Multiplexing Radar Software
• Neutral Sentiment: Analyst sentiment remains constructive, with RTX Corporation receiving an average “Moderate Buy” rating from brokerages, which supports the stock but is not a new fundamental catalyst. RTX Corporation (NYSE:RTX) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Several headlines about “RTX” gaming laptops and GeForce graphics cards reference Nvidia-branded consumer products, not RTX Corporation, so they are unlikely to have a meaningful direct impact on the stock.

RTX Trading Up 0.2%

RTX stock opened at $174.82 on Thursday. The stock has a 50-day moving average of $189.86 and a two-hundred day moving average of $188.76. 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 one year low of $130.90 and a one year high of $214.50. The stock has a market cap of $235.43 billion, a PE ratio of 32.80, a price-to-earnings-growth ratio of 2.47 and a beta of 0.31.

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

RTX Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.7%. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, May 22nd. RTX’s dividend payout ratio (DPR) is 51.03%.

Insider Buying and Selling

In other RTX news, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the completion of the sale, the executive vice president directly owned 16,749 shares in the company, valued at approximately $3,397,199.67. This trade represents a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

RTX has been the subject of a number of analyst reports. UBS Group decreased their price objective on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. Wells Fargo & Company initiated coverage on RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price objective for the company. Royal Bank Of Canada upped their price objective on RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. Finally, Morgan Stanley decreased their price objective on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus target price of $210.75.

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.