Entropy Technologies LP bought a new position in RTX Corporation (NYSE:RTX – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 22,157 shares of the company’s stock, valued at approximately $4,064,000.
Other large investors have also added to or reduced their stakes in the company. Milestone Asset Management Group LLC increased its holdings in shares of RTX by 34.7% during the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock valued at $5,504,000 after acquiring an additional 7,738 shares in the last quarter. Truist Financial Corp increased its holdings in shares of RTX by 2.3% during the fourth 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. New Age Alpha Advisors LLC acquired a new position in shares of RTX during the fourth quarter valued at about $2,308,000. Wealth Science Advisors LLC acquired a new position in shares of RTX during the fourth quarter valued at about $1,439,000. Finally, Groupama Asset Managment acquired a new position in shares of RTX during the third quarter valued at about $150,078,000. 86.50% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on RTX. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Morgan Stanley cut their price objective on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 target price on shares of RTX in a research report on Thursday, March 5th. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Finally, Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $211.38.
RTX Trading Down 0.0%
RTX stock opened at $183.52 on Monday. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. RTX Corporation has a 12 month low of $140.47 and a 12 month high of $214.50. The stock’s 50 day simple moving average is $183.00 and its two-hundred day simple moving average is $189.10. The firm has a market cap of $247.14 billion, a PE ratio of 34.43, a P/E/G ratio of 2.60 and a beta of 0.31.
RTX (NYSE:RTX – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $21.38 billion. During the same quarter in the prior year, the firm posted $1.47 EPS. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Analysts anticipate that RTX Corporation will post 6.91 earnings per share for the current year.
RTX Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were given a $0.73 dividend. The ex-dividend date was Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 1.6%. This is a boost from RTX’s previous quarterly dividend of $0.68. RTX’s payout ratio is currently 54.78%.
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: DBS Bank upgraded RTX from “hold” to “moderate buy,” signaling improved confidence in the company’s outlook and valuation.
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, suggesting expectations for stronger earnings ahead. Source article
- Positive Sentiment: RTX’s Collins Aerospace unit is expanding its Malaysia MRO hub with a $63 million investment, which supports long-term service capacity and international growth. Source article
- Positive Sentiment: Recent commentary highlighted RTX as attractive on valuation after defense-contract focus, reinforcing the view that the stock may still have room to rerate if earnings hold up. Source article
- Neutral Sentiment: RTX remains one of the more watched names among investors, with multiple articles discussing defense spending, autonomous systems, and earnings expectations, but these are mostly sentiment and theme-driven rather than direct company-specific catalysts.
- Neutral Sentiment: Several headlines about “RTX” relate to Nvidia’s GeForce RTX graphics products and Microsoft’s AI GPU support, which are unrelated to RTX Corporation and are unlikely to affect the stock directly.
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.
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