Adell Harriman & Carpenter Inc. Purchases 2,626 Shares of RTX Corporation $RTX

Adell Harriman & Carpenter Inc. grew its position in RTX Corporation (NYSE:RTX) by 2.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 110,172 shares of the company’s stock after buying an additional 2,626 shares during the period. RTX makes up 1.3% of Adell Harriman & Carpenter Inc.’s portfolio, making the stock its 26th largest position. Adell Harriman & Carpenter Inc.’s holdings in RTX were worth $21,252,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in RTX. BNP Paribas bought a new stake in shares of RTX in the third quarter worth about $25,000. Navalign LLC acquired a new stake in RTX during the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC acquired a new stake in RTX during the 4th quarter worth approximately $26,000. Core Wealth Advisors LLC bought a new position in RTX in the fourth quarter valued at approximately $31,000. Finally, 1 North Wealth Services LLC boosted its holdings in shares of RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after buying an additional 137 shares during the period. Institutional investors own 86.50% of the company’s stock.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Analysts highlighted RTX’s expanding position in the electronic warfare market, pointing to advanced jamming, sensing and mission systems as defense spending supports demand. Is RTX Strengthening Its Position in the Electronic Warfare Market?
• Positive Sentiment: RTX’s global sustainment and lifecycle support business was cited as a potential long-term growth engine, reinforcing the company’s recurring-revenue profile. Can RTX’s Global Sustainment Services Drive Long-Term Growth?
• Positive Sentiment: RTX also drew attention for technical progress in aviation, including a high power-density electric motor test that may support future aerospace innovation. RTX Runs High Power-Density Electric Motor For Aviation
• Neutral Sentiment: One market note said RTX now appears to trade near intrinsic value on discounted cash flow and earnings-based measures, implying limited valuation support for a major rerating either way. RTX (RTX) Stock May Trade At A Cash Flow Discount And Earnings Premium
• Neutral Sentiment: Other headlines focused on NVIDIA RTX 5000/5070/5090 graphics cards and thermal issues, which are unrelated to RTX Corporation and likely had little direct impact on the stock. NVIDIA RTX 5000 GPUs get hotspot temperature readings…
• Negative Sentiment: Recent trading showed RTX declining even as the market rose, suggesting some investors are locking in gains or waiting for a stronger catalyst. RTX (RTX) Stock Falls Amid Market Uptick: What Investors Need to Know

RTX Stock Performance

Shares of RTX opened at $193.82 on Wednesday. RTX Corporation has a 12 month low of $143.56 and a 12 month high of $214.50. The firm has a fifty day simple moving average of $183.55 and a 200 day simple moving average of $191.47. The stock has a market capitalization of $261.02 billion, a price-to-earnings ratio of 36.36, a PEG ratio of 2.69 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.

RTX (NYSE:RTX) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $21.38 billion. During the same period in the previous year, the business earned $1.47 EPS. The company’s 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. Research analysts forecast that RTX Corporation will post 6.92 EPS for the current fiscal year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a $0.73 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.5%. RTX’s payout ratio is currently 54.78%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Citigroup reaffirmed a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Jefferies Financial Group reiterated a “buy” rating on shares of RTX in a report on Wednesday, July 8th. Finally, Weiss Ratings downgraded RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $211.38.

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.