National Pension Service Has $506.47 Million Stock Holdings in RTX Corporation $RTX

National Pension Service cut its stake in RTX Corporation (NYSE:RTX) by 1.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,761,539 shares of the company’s stock after selling 46,745 shares during the period. National Pension Service’s holdings in RTX were worth $506,466,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Alpha Cubed Investments LLC raised its holdings in RTX by 0.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock valued at $2,700,000 after acquiring an additional 50 shares in the last quarter. LeConte Wealth Management LLC raised its holdings in RTX by 2.3% in the 4th quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock valued at $412,000 after acquiring an additional 51 shares in the last quarter. Rydar Equities Inc. raised its holdings in RTX by 0.4% in the 4th quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock valued at $2,480,000 after acquiring an additional 52 shares in the last quarter. Howard Capital Management Inc. raised its holdings in RTX by 0.4% in the 4th quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock valued at $2,263,000 after acquiring an additional 53 shares in the last quarter. Finally, Purus Wealth Management LLC raised its holdings in RTX by 0.4% in the 4th quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock valued at $2,700,000 after acquiring an additional 53 shares in the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on RTX shares. Wolfe Research reaffirmed an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Wells Fargo & Company assumed coverage on RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price objective for the company. Sanford C. Bernstein reissued a “market perform” rating and set a $204.00 price target on shares of RTX in a report on Thursday, January 29th. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Finally, Jefferies Financial Group lowered their price target on RTX from $225.00 to $210.00 and set a “hold” rating for the company in a report on Monday, April 13th. 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $210.75.

RTX Price Performance

RTX stock opened at $178.91 on Friday. 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 52 week low of $131.90 and a 52 week high of $214.50. The stock has a market capitalization of $240.93 billion, a P/E ratio of 33.57, a price-to-earnings-growth ratio of 2.50 and a beta of 0.31. The stock has a fifty day moving average of $186.54 and a 200-day moving average of $188.81.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping 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 quarter in the previous year, the firm 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, sell-side analysts expect that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The company 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 an increase from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio is presently 54.78%.

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.