Corient Private Wealth LLC Increases Holdings in RTX Corporation $RTX

Corient Private Wealth LLC lifted its holdings in RTX Corporation (NYSE:RTX) by 61.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,428,190 shares of the company’s stock after acquiring an additional 927,671 shares during the period. Corient Private Wealth LLC owned 0.18% of RTX worth $445,330,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in RTX. Navalign LLC bought a new position in shares of RTX during the 4th quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new stake in RTX in the fourth quarter worth $26,000. BNP Paribas purchased a new position in RTX during the third quarter worth $25,000. Core Wealth Advisors LLC purchased a new position in RTX during the fourth quarter worth $31,000. Finally, 1 North Wealth Services LLC increased its position in RTX by 456.7% during the fourth 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 during the last quarter. 86.50% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on RTX shares. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 target price on shares of RTX in a research report on Thursday, March 5th. Jefferies Financial Group raised 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. Finally, UBS Group dropped their price objective on RTX from $209.00 to $199.00 and set a “neutral” 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 assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and a consensus price target of $211.38.

RTX Price Performance

RTX stock opened at $186.07 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 stock has a market cap of $250.58 billion, a price-to-earnings ratio of 34.91, a price-to-earnings-growth ratio of 2.73 and a beta of 0.31. The firm has a 50-day moving average of $182.21 and a two-hundred day moving average of $189.49. RTX Corporation has a 1 year low of $140.47 and a 1 year high of $214.50.

RTX (NYSE:RTX) last issued its 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. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same period last year, the company posted $1.47 earnings per share. The company’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. On average, research analysts forecast that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.6%. The ex-dividend date was Friday, May 22nd. This is an increase from RTX’s previous quarterly dividend of $0.68. 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.