Tulsa Wealth Advisors INC Takes $753,000 Position in RTX Corporation $RTX

Tulsa Wealth Advisors INC acquired a new stake in shares of RTX Corporation (NYSE:RTX) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 4,106 shares of the company’s stock, valued at approximately $753,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RTX. Milestone Asset Management Group LLC lifted its stake in shares of RTX by 34.7% during the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock valued at $5,504,000 after buying an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in RTX in the 4th quarter worth $2,308,000. Truist Financial Corp increased its stake in RTX by 2.3% in the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after buying an additional 53,045 shares in the last quarter. Wealth Science Advisors LLC bought a new stake in RTX during the fourth quarter valued at about $1,439,000. Finally, Groupama Asset Managment purchased a new position in shares of RTX in the third quarter valued at about $150,078,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on RTX shares. Wells Fargo & Company started coverage on RTX in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 target price for the company. Jefferies Financial Group upgraded RTX from a “hold” rating to a “buy” rating and upped their price target for the stock from $210.00 to $220.00 in a research note on Thursday, June 4th. Morgan Stanley cut their price objective on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 price objective on shares of RTX in a research report on Thursday, March 5th. Finally, Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $211.38.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Analysts and market commentary highlighted RTX as a possible beneficiary of surging European defense spending, reinforcing the company’s role as a major aerospace and defense supplier. How to Invest in the Biggest European Defense Surge in Decades (RTX)
• Positive Sentiment: A separate defense-industry piece warned that the U.S. needs more munitions and that deliveries are years behind, which could support long-term demand for RTX’s defense and missile-related businesses. U.S. Military Expert Issues Grave Warning: ‘We Need More Munitions and Deliveries Are Years Behind.’ What Stocks Can Benefit?
• Positive Sentiment: Technical and valuation-focused coverage suggested RTX has established a new price floor and may be undervalued, which can encourage buying interest. RTX (RTX) Stock Could Be 13.2% Undervalued After Revenue Hit US$90.4b
• Neutral Sentiment: Several articles referenced NVIDIA’s RTX branding, high-end GPUs, or consumer laptop pricing, but these appear unrelated to RTX Corporation’s defense/aerospace operations and are unlikely to materially affect the stock.
• Negative Sentiment: Recent trading-session coverage noted RTX shares slipped in the prior session, showing some near-term volatility despite the broader defense backdrop. RTX (RTX) Stock Declines While Market Improves: Some Information for Investors

RTX Price Performance

NYSE:RTX opened at $186.07 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 capitalization of $250.58 billion, a P/E ratio of 34.91, a P/E/G ratio of 2.63 and a beta of 0.31. RTX Corporation has a 12 month low of $140.47 and a 12 month high of $214.50. The business’s 50-day moving average is $181.86 and its 200 day moving average is $189.46.

RTX (NYSE:RTX) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate 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 business posted $1.47 EPS. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts forecast that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend was Friday, May 22nd. RTX’s payout ratio is 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.