Great Lakes Advisors LLC Decreases Position in RTX Corporation $RTX

Great Lakes Advisors LLC decreased its position in RTX Corporation (NYSE:RTX) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 963,460 shares of the company’s stock after selling 3,092 shares during the period. RTX accounts for 1.4% of Great Lakes Advisors LLC’s portfolio, making the stock its 8th largest position. Great Lakes Advisors LLC owned 0.07% of RTX worth $176,699,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. BNP Paribas bought a new position in RTX in the third quarter valued at about $25,000. Navalign LLC bought a new position in RTX in the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new position in RTX in the fourth quarter valued at about $26,000. Core Wealth Advisors LLC bought a new position in RTX in the fourth quarter valued at about $31,000. Finally, Wexford Capital LP bought a new position in RTX in the third quarter valued at about $33,000. Institutional investors own 86.50% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on RTX. Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. UBS Group decreased their price target on RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 price target on shares of RTX in a report on Thursday, March 5th. Finally, Jefferies Financial Group raised RTX from a “hold” rating to a “buy” rating and increased their target price for the company from $210.00 to $220.00 in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $211.38.

RTX Trading Up 3.8%

NYSE:RTX opened at $184.15 on Friday. RTX Corporation has a 1-year low of $140.13 and a 1-year high of $214.50. The business’s 50-day moving average price is $183.23 and its two-hundred day moving average price is $189.03. 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 firm has a market capitalization of $247.98 billion, a price-to-earnings ratio of 34.55, a PEG ratio of 2.51 and a beta of 0.31.

RTX (NYSE:RTX) last released its 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 firm had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same quarter in the prior year, the firm posted $1.47 earnings per share. The company’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. On average, equities analysts expect that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were paid a $0.73 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 annualized dividend and a yield of 1.6%. RTX’s payout ratio is currently 54.78%.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace, an RTX business, completed a $63 million expansion of its Malaysia maintenance, repair and overhaul hub, which should boost RTX’s Asia-Pacific service capacity and cash-flow potential as airline fleets grow. RTX’s Collins Aerospace expands Malaysia MRO hub with $63M investment
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, signaling slightly better profit expectations even though the stock remains rated Hold.
• Positive Sentiment: Recent coverage around RTX’s aerospace service expansion and the Malaysia MRO buildout reinforces the case that demand for aftermarket maintenance services remains strong. RTX Malaysia MRO Expansion Adds Asia Pacific Cash Flow Potential
• Neutral Sentiment: RTX was listed among the stocks attracting heavy attention on Zacks, but that article did not add new operational or financial news by itself. RTX Corporation (RTX) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Several search and technology articles mentioning “RTX” were about Nvidia RTX graphics products, not RTX Corporation, so they are unlikely to affect the stock.

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.