Swiss National Bank decreased its stake in RTX Corporation (NYSE:RTX – Free Report) by 4.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,668,081 shares of the company’s stock after selling 182,900 shares during the period. Swiss National Bank’s holdings in RTX were worth $672,726,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of RTX. Norges Bank purchased a new position in shares of RTX in the 4th quarter worth approximately $3,167,626,000. Vanguard Group Inc. boosted its holdings in shares of RTX by 1.8% in 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 period. California Public Employees Retirement System boosted its holdings in shares of RTX by 27.5% in the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock worth $802,640,000 after purchasing an additional 1,034,456 shares during the period. Groupama Asset Managment purchased a new position in shares of RTX in the 3rd quarter worth approximately $150,078,000. Finally, Legal & General Group Plc boosted its holdings in shares of RTX by 13.4% in 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 period. Hedge funds and other institutional investors own 86.50% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the company. Morgan Stanley dropped their target price on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Citigroup dropped their price objective on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $211.38.
RTX Trading Up 3.8%
Shares of NYSE RTX opened at $184.15 on Friday. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The business has a fifty day simple moving average of $183.23 and a two-hundred day simple moving average of $189.03. The firm has a market cap of $247.98 billion, a PE ratio of 34.55, a price-to-earnings-growth ratio of 2.51 and a beta of 0.31. RTX Corporation has a twelve month low of $140.13 and a twelve month high of $214.50.
RTX (NYSE:RTX – Get Free Report) last issued its earnings results 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%.RTX’s revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Analysts expect that RTX Corporation will post 6.91 earnings per share for the current fiscal year.
RTX Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd were given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio is presently 54.78%.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Collins Aerospace, an RTX business, completed a $63 million expansion of its Malaysia maintenance, repair and overhaul hub, which should boost RTX’s Asia-Pacific service capacity and cash-flow potential as airline fleets grow. RTX’s Collins Aerospace expands Malaysia MRO hub with $63M investment
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, signaling slightly better profit expectations even though the stock remains rated Hold.
- Positive Sentiment: Recent coverage around RTX’s aerospace service expansion and the Malaysia MRO buildout reinforces the case that demand for aftermarket maintenance services remains strong. RTX Malaysia MRO Expansion Adds Asia Pacific Cash Flow Potential
- Neutral Sentiment: RTX was listed among the stocks attracting heavy attention on Zacks, but that article did not add new operational or financial news by itself. RTX Corporation (RTX) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Several search and technology articles mentioning “RTX” were about Nvidia RTX graphics products, not RTX Corporation, so they are unlikely to affect the stock.
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.
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