Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. Invests $4.06 Million in RTX Corporation $RTX

Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. acquired a new position in RTX Corporation (NYSE:RTXFree Report) in the fourth quarter, Holdings Channel.com reports. The fund acquired 22,122 shares of the company’s stock, valued at approximately $4,057,000.

Other institutional investors have also recently made changes to their positions in the company. BNP Paribas acquired a new stake in shares of RTX in the 3rd quarter worth $25,000. Navalign LLC acquired a new stake in shares of RTX in the 4th quarter worth $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX in the 4th quarter worth $26,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the 4th quarter worth $31,000. Finally, Wexford Capital LP purchased a new position in RTX in the 3rd quarter worth $33,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 target price on shares of RTX in a research note on Thursday, March 5th. UBS Group reduced their target price on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Weiss Ratings restated a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. Finally, Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $211.38.

Check Out Our Latest Stock Report on RTX

RTX Stock Performance

NYSE RTX opened at $177.50 on Thursday. The stock has a 50-day simple moving average of $183.40 and a two-hundred day simple moving average of $188.93. The firm has a market capitalization of $239.04 billion, a P/E ratio of 33.30, a PEG ratio of 2.57 and a beta of 0.31. RTX Corporation has a fifty-two week low of $135.43 and a fifty-two week high of $214.50. 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 (NYSE:RTXGet Free Report) last released its quarterly earnings data 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. The business had revenue of $22.08 billion during 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 revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the business posted $1.47 EPS. 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 Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, May 22nd. This is an increase from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio (DPR) is 54.78%.

RTX Company 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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