Cambient Family Office LLC Invests $15.21 Million in RTX Corporation $RTX

Cambient Family Office LLC acquired a new stake in shares of RTX Corporation (NYSE:RTX) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 82,929 shares of the company’s stock, valued at approximately $15,209,000. RTX accounts for 2.2% of Cambient Family Office LLC’s investment portfolio, making the stock its 9th largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. BNP Paribas acquired a new stake in RTX during the third quarter worth $25,000. Navalign LLC acquired a new position in shares of RTX in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX during the 4th quarter worth about $26,000. Core Wealth Advisors LLC bought a new position in shares of RTX during the 4th quarter worth about $31,000. Finally, 1 North Wealth Services LLC boosted its position in shares of RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after acquiring an additional 137 shares in the last quarter. 86.50% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on RTX shares. Citigroup reissued a “buy” rating on shares of RTX in a research note on Wednesday. Jefferies Financial Group upgraded shares of RTX from a “hold” rating to a “buy” rating and raised their price target for the stock from $210.00 to $220.00 in a research note on Thursday, June 4th. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Weiss Ratings lowered RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Finally, Morgan Stanley dropped their target price on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $211.38.

RTX Stock Down 3.4%

RTX opened at $186.07 on Friday. The firm’s 50-day simple moving average is $182.21 and its 200-day simple moving average is $189.49. 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 twelve month low of $140.47 and a twelve month high of $214.50. The firm has a market cap of $250.58 billion, a price-to-earnings ratio of 34.91, a PEG ratio of 2.73 and a beta of 0.31.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter last year, the company posted $1.47 EPS. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities research analysts anticipate that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. 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 dividend yield of 1.6%. RTX’s dividend payout ratio (DPR) is 54.78%.

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.