TrustBank Takes Position in RTX Corporation $RTX

TrustBank acquired a new stake in RTX Corporation (NYSE:RTX) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,340 shares of the company’s stock, valued at approximately $796,000.

Other hedge funds also recently modified their holdings of the company. Navalign LLC bought a new position in shares of RTX in the 4th quarter valued at about $25,000. BNP Paribas bought a new position in shares of RTX in the 3rd quarter valued at about $25,000. Valley Wealth Managers Inc. bought a new position in shares of RTX in the 3rd quarter valued at about $30,000. Wexford Capital LP bought a new position in shares of RTX in the 3rd quarter valued at about $33,000. Finally, Dogwood Wealth Management LLC grew its holdings in shares of RTX by 57.3% in the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares in the last quarter. Institutional investors own 86.50% of the company’s stock.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, an RTX business, delivered the first Lightweight Command Launch Units to the U.S. Army, a sign that execution on a key Javelin program is advancing and could support future production growth. First Javelin Lightweight Command Launch Units delivered to the U.S. Army
• Positive Sentiment: RTX’s Raytheon was selected by DARPA to advance composable solid rocket motor technology, a contract that could strengthen RTX’s position in future missile and propulsion systems. RTX’s Raytheon selected by DARPA to advance composable solid rocket motor technology
• Positive Sentiment: Analysts and commentators highlighted RTX as a multi-year winner from rising defense spending, larger munition production capacity, and a very large backlog, which supports revenue visibility and margin expansion. RTX Corporation: A Dual Cycle Profile In Play
• Positive Sentiment: RTX was also discussed as a top defense name alongside peers benefiting from dividend increases, which may appeal to income-focused investors even though the article was broader than RTX alone. 3 Defense Giants Boosting Dividends as Shares Take a Ride
• Neutral Sentiment: Coverage comparing AeroVironment and RTX kept RTX in the spotlight as investors weigh different defense technologies, but it did not include a direct new company-specific catalyst. AeroVironment vs. RTX: Which Aerospace-Defense Stock Has the Edge?
• Neutral Sentiment: Additional commentary framed RTX as a modular, software-centric defense growth story, emphasizing ongoing modernization work rather than a brand-new surprise. RTX Defense Breakthroughs Highlight Modular And Software Centric Growth Story

RTX Trading Up 1.2%

RTX stock opened at $179.06 on Wednesday. RTX Corporation has a 52 week low of $130.90 and a 52 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. The stock has a market capitalization of $241.14 billion, a P/E ratio of 33.59, a PEG ratio of 2.51 and a beta of 0.31. The stock has a 50-day simple moving average of $187.62 and a 200 day simple moving average of $188.79.

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 business had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter last year, the company posted $1.47 earnings per share. RTX’s quarterly revenue was up 8.7% on a year-over-year basis. 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 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 given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.6%. 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 54.78%.

Analyst Ratings Changes

Several brokerages have recently weighed in on RTX. Weiss Ratings restated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. Citigroup decreased 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. Morgan Stanley reduced 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. Sanford C. Bernstein reiterated a “market perform” rating and set a $204.00 price target on shares of RTX in a report on Thursday, January 29th. Finally, TD Cowen reiterated a “buy” rating on shares of RTX in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.