RTX Corporation $RTX Shares Bought by World Investment Advisors

World Investment Advisors grew its stake in RTX Corporation (NYSE:RTXFree Report) by 4.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,275 shares of the company’s stock after acquiring an additional 2,827 shares during the quarter. World Investment Advisors’ holdings in RTX were worth $12,592,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in RTX. BNP Paribas purchased a new stake in shares of RTX during the third quarter worth about $25,000. Navalign LLC purchased a new position in shares of RTX during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC acquired a new stake in RTX during the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC acquired a new stake in RTX during the fourth quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC grew its stake in RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after acquiring an additional 137 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on RTX. Morgan Stanley lowered their price target on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Wells Fargo & Company started coverage on shares of RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target on the stock. Finally, Citigroup reissued a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has assigned 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 $211.38.

Check Out Our Latest Stock Analysis on RTX

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

RTX Stock Performance

Shares of RTX stock opened at $198.88 on Friday. 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 company has a market cap of $267.83 billion, a PE ratio of 37.31, a P/E/G ratio of 2.82 and a beta of 0.30. The company’s fifty day simple moving average is $180.46 and its 200-day simple moving average is $190.67. RTX Corporation has a 52 week low of $142.98 and a 52 week high of $214.50.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same period in the prior year, the company earned $1.47 EPS. The firm’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. As a group, equities research analysts anticipate that RTX Corporation will post 6.91 EPS for the current year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be paid a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.5%. 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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