Czech National Bank Acquires 13,579 Shares of RTX Corporation $RTX

Czech National Bank grew its holdings in shares of RTX Corporation (NYSE:RTXFree Report) by 4.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 353,541 shares of the company’s stock after acquiring an additional 13,579 shares during the quarter. Czech National Bank’s holdings in RTX were worth $64,839,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in RTX. State Street Corp lifted its holdings in RTX by 0.5% in the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after buying an additional 552,009 shares during the period. State Board of Administration of Florida Retirement System boosted its position in shares of RTX by 1.2% during the second quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock valued at $192,333,000 after purchasing an additional 16,034 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in RTX by 10.6% in the third quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock worth $28,648,000 after purchasing an additional 16,467 shares during the period. Groupama Asset Managment bought a new position in RTX in the third quarter worth $150,078,000. Finally, Rockland Trust Co. raised its holdings in RTX by 121.1% in the third quarter. Rockland Trust Co. now owns 20,245 shares of the company’s stock worth $3,388,000 after purchasing an additional 11,089 shares in the last quarter. Institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

Shares of NYSE RTX opened at $195.07 on Thursday. RTX Corporation has a 1 year low of $112.27 and a 1 year high of $214.50. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The stock has a market cap of $262.56 billion, a PE ratio of 39.33, a price-to-earnings-growth ratio of 2.81 and a beta of 0.42. The firm has a fifty day moving average price of $201.06 and a 200-day moving average price of $182.72.

RTX (NYSE:RTXGet Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.08. The business had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts anticipate that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, February 20th were paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, February 20th. RTX’s dividend payout ratio (DPR) is presently 54.84%.

Insider Buying and Selling

In other news, insider Shane G. Eddy sold 17,527 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Kevin G. Dasilva sold 8,136 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $201.30, for a total value of $1,637,776.80. Following the completion of the sale, the vice president owned 27,102 shares in the company, valued at $5,455,632.60. This represents a 23.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 89,255 shares of company stock worth $18,151,956 in the last 90 days. 0.10% of the stock is owned by company insiders.

Key RTX News

Here are the key news stories impacting RTX this week:

Analysts Set New Price Targets

A number of brokerages have recently commented on RTX. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 target price on shares of RTX in a report on Thursday, March 5th. Erste Group Bank started coverage on shares of RTX in a research note on Tuesday. They issued a “buy” rating for the company. Sanford C. Bernstein reiterated a “market perform” rating and set a $204.00 target price on shares of RTX in a report on Thursday, January 29th. Susquehanna reiterated a “positive” rating and issued a $230.00 price target on shares of RTX in a research note on Thursday, January 15th. Finally, Citigroup upped their price objective on RTX from $227.00 to $238.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $202.00.

Read Our Latest Research Report on RTX

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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