RTX Corporation $RTX Shares Sold by Burney Co.

Burney Co. decreased its position in RTX Corporation (NYSE:RTX) by 4.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 122,599 shares of the company’s stock after selling 6,363 shares during the period. RTX comprises 0.7% of Burney Co.’s portfolio, making the stock its 20th largest holding. Burney Co.’s holdings in RTX were worth $23,649,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. BNP Paribas purchased a new stake in RTX in the 3rd quarter valued at approximately $25,000. Navalign LLC purchased a new position in shares of RTX during the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX in the 4th quarter valued at approximately $26,000. Core Wealth Advisors LLC purchased a new stake in shares of RTX in the fourth quarter valued at approximately $31,000. Finally, 1 North Wealth Services LLC grew its holdings in RTX by 456.7% during the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after acquiring an additional 137 shares during the period. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Recent commentary says RTX has outperformed its industry over the past year, citing a roughly 36.6% rally, fresh defense contract wins, aerospace milestones, and solid liquidity as reasons investors continue to view the stock as a long-term growth name. Article Title
• Positive Sentiment: Another market update repeated that RTX continues to outperform the broader aerospace group, reinforcing the bullish view that strong defense exposure and execution are supporting the shares. Article Title
• Neutral Sentiment: Several headlines referenced “RTX” in the context of Nvidia’s RTX-branded graphics cards and new gaming PCs, but these stories are about consumer GPUs and PC hardware, not RTX Corporation’s aerospace and defense business. Article Title
• Neutral Sentiment: Additional articles about the Nvidia RTX 3060 returning at its original price and RTX 5070 laptop/desktop products are not directly relevant to RTX Corporation’s fundamentals or earnings outlook. Article Title

RTX Trading Up 1.4%

Shares of RTX stock opened at $201.97 on Tuesday. The company has a market capitalization of $271.99 billion, a price-to-earnings ratio of 37.89, a PEG ratio of 2.82 and a beta of 0.30. 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 50-day moving average price of $180.91 and a 200 day moving average price of $190.89. RTX Corporation has a twelve month low of $142.98 and a twelve month high of $214.50.

RTX (NYSE:RTX) last released its earnings results 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 net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same period in the previous year, the company earned $1.47 EPS. RTX’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. Research analysts forecast that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is presently 54.78%.

Analysts Set New Price Targets

RTX has been the topic of a number of recent analyst reports. Weiss Ratings cut shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Morgan Stanley lowered their price target on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Wells Fargo & Company initiated coverage on RTX in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price objective for the company. Citigroup reaffirmed a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Finally, Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $211.38.

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.