Kiley Juergens Wealth Management LLC Acquires Shares of 6,804 RTX Corporation $RTX

Kiley Juergens Wealth Management LLC acquired a new stake in RTX Corporation (NYSE:RTX) during the 1st quarter, Holdings Channel.com reports. The fund acquired 6,804 shares of the company’s stock, valued at approximately $1,312,000.

Several other hedge funds and other institutional investors have also modified their holdings of RTX. World Investment Advisors raised its position in shares of RTX by 8.7% in the fourth quarter. World Investment Advisors now owns 62,448 shares of the company’s stock valued at $11,453,000 after buying an additional 5,020 shares in the last quarter. Milestone Asset Management Group LLC grew its position in RTX by 34.7% during the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after buying an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC bought a new position in RTX during the 4th quarter worth $2,308,000. Truist Financial Corp raised its holdings in RTX by 2.3% in the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock valued at $424,575,000 after acquiring an additional 53,045 shares in the last quarter. Finally, Wealth Science Advisors LLC acquired a new position in RTX in the 4th quarter valued at $1,439,000. Institutional investors own 86.50% of the company’s stock.

RTX Price Performance

Shares of RTX stock traded up $0.42 during trading on Tuesday, reaching $201.79. 840,302 shares of the company’s stock were exchanged, compared to its average volume of 5,807,853. 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 Corporation has a 1-year low of $142.98 and a 1-year high of $214.50. The company has a market cap of $271.75 billion, a P/E ratio of 37.86, a PEG ratio of 2.82 and a beta of 0.30. The firm’s 50-day moving average price is $180.91 and its 200 day moving average price is $190.89.

RTX (NYSE:RTX) last released its quarterly earnings data 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. The business had revenue of $22.08 billion for 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% compared to the same quarter last year. During the same period last year, the firm posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, research analysts anticipate that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. RTX’s payout ratio is 54.78%.

Analyst Ratings Changes

RTX has been the topic of several analyst reports. Morgan Stanley reduced their target price on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Erste Group Bank cut shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. UBS Group reduced their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Finally, Wells Fargo & Company started coverage on shares of RTX in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 target price for the company. One research 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 issued a Sell rating to the stock. According to MarketBeat, RTX presently has a consensus rating of “Moderate Buy” and an average price target of $211.38.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, an RTX business, announced it is working with NATO and U.S. partners to expand AMRAAM missile production capacity, including feasibility studies to add European suppliers and speed deliveries. This suggests stronger demand visibility and potential long-term revenue growth. RTX, NATO advance major expansion of AMRAAM production capacity
• Positive Sentiment: RTX also said it is doubling global Stinger missile production with European partners, including Diehl Defence, to meet rising global demand. That points to additional defense order momentum and higher manufacturing throughput. RTX’s Raytheon doubling global Stinger missile production
• Positive Sentiment: Commentary from analysts highlighted RTX’s strong recent share performance, fresh defense wins, aerospace milestones, and solid liquidity as reasons investors may continue to view the stock favorably. RTX Outperforms Industry in the Past Year: How to Play the Stock?
• Neutral Sentiment: RTX was removed from the Russell 1000 Dynamic Index, which may create some index-related trading noise, but the article frames it as a reason for investors to reassess valuation rather than a fundamental setback. RTX (RTX) Left The Russell 1000 Index, Is It A Bargain Or Fully Priced?

About RTX

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.