BNB Wealth Management LLC Invests $663,000 in RTX Corporation $RTX

BNB Wealth Management LLC acquired a new position in shares of RTX Corporation (NYSE:RTX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,617 shares of the company’s stock, valued at approximately $663,000.

A number of other hedge funds also recently bought and sold shares of RTX. Brighton Jones LLC lifted its position in RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after buying an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in RTX by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after buying an additional 159 shares during the last quarter. United Bank lifted its position in RTX by 68.0% in the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after buying an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in RTX by 3.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after buying an additional 623 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in RTX in the 2nd quarter worth approximately $5,157,000. Institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

Shares of RTX stock opened at $192.31 on Thursday. 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 fifty-two week low of $140.47 and a fifty-two week high of $214.50. The stock has a 50 day moving average price of $182.44 and a two-hundred day moving average price of $189.41. The company has a market capitalization of $258.98 billion, a P/E ratio of 36.08, a PEG ratio of 2.65 and a beta of 0.31.

RTX (NYSE:RTX) last announced 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. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same quarter in the previous year, the company posted $1.47 earnings per share. The business’s revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Analysts expect 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 is an increase from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 annualized dividend and a yield of 1.5%. RTX’s dividend payout ratio is presently 54.78%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Citigroup restated a “buy” rating on shares of RTX in a research report on Wednesday. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Morgan Stanley dropped their target price on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Finally, Jefferies Financial Group upgraded RTX from a “hold” rating to a “buy” rating and boosted their price objective for the company from $210.00 to $220.00 in a research report on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $211.38.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX drew investor interest after a new analysis said the stock could be undervalued by about 13% based on annual revenue of $90.4 billion and net income of $7.3 billion, reinforcing the case that the shares may have room to run. RTX (RTX) Stock Could Be 13.2% Undervalued After Revenue Hit US$90.4b
• Positive Sentiment: GM Defense discussions involving RTX and other defense partners suggest potential supply-chain and weapons-stockpile demand tailwinds for RTX’s defense businesses. GM Defense Talks Could Reshape Munitions Supply Chains
• Positive Sentiment: RTX announced plans to invest $100 million in its Raytheon Rhode Island facility, a signal that management is continuing to fund capacity and long-term defense production. RTX to Invest $100 Million in Raytheon Rhode Island Facility
• Neutral Sentiment: RTX’s aircraft interiors business is being highlighted as a growth driver as airlines modernize cabins and upgrade connectivity, but the article is more of a strategic positive than a near-term earnings catalyst. How Is RTX Strengthening Growth via Advanced Aircraft Interiors?
• Neutral Sentiment: Recent market coverage noted RTX outperformed on a down day for the broader market, but the move largely reflects relative strength rather than a new company-specific catalyst. RTX (RTX) Gains As Market Dips: What You Should Know

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.