Eurizon Capital SGR S.p.A. Takes Position in RTX Corporation $RTX

Eurizon Capital SGR S.p.A. bought a new stake in shares of RTX Corporation (NYSE:RTX) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 165,203 shares of the company’s stock, valued at approximately $30,313,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fideuram Asset Management Ireland dac bought a new position in shares of RTX in the 4th quarter worth $1,794,000. FUKOKU MUTUAL LIFE INSURANCE Co lifted its holdings in shares of RTX by 14.2% during the 4th quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 5,311 shares of the company’s stock worth $974,000 after acquiring an additional 660 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. bought a new stake in shares of RTX during the 4th quarter worth $327,000. Moors & Cabot Inc. lifted its holdings in shares of RTX by 0.8% during the 4th quarter. Moors & Cabot Inc. now owns 113,713 shares of the company’s stock worth $20,855,000 after acquiring an additional 908 shares during the last quarter. Finally, Intech Investment Management LLC lifted its holdings in shares of RTX by 3.0% during the 4th quarter. Intech Investment Management LLC now owns 140,245 shares of the company’s stock worth $25,721,000 after acquiring an additional 4,117 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

NYSE:RTX opened at $179.16 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The business has a 50 day moving average of $186.04 and a 200 day moving average of $188.74. The company has a market capitalization of $241.27 billion, a price-to-earnings ratio of 33.61, a PEG ratio of 2.55 and a beta of 0.31. RTX Corporation has a 1-year low of $131.90 and a 1-year high of $214.50.

RTX (NYSE:RTX) last announced 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. The business had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The business’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, sell-side analysts predict 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 will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be paid a $0.73 dividend. This is an increase from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. RTX’s payout ratio is presently 54.78%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. UBS Group dropped their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Weiss Ratings restated a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. Wolfe Research restated an “outperform” rating on shares of RTX in a research report on Wednesday, February 4th. Finally, Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $210.75.

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.