AIA Group Ltd Increases Stake in RTX Corporation $RTX

AIA Group Ltd lifted its position in RTX Corporation (NYSE:RTX) by 97.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 149,341 shares of the company’s stock after acquiring an additional 73,800 shares during the period. AIA Group Ltd’s holdings in RTX were worth $28,808,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in RTX. Navalign LLC purchased a new stake in RTX in the 4th quarter worth about $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of RTX during the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC bought a new position in shares of RTX during the fourth quarter valued at approximately $31,000. 1 North Wealth Services LLC grew its stake in shares of 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 buying an additional 137 shares during the last quarter. Finally, Evergreen Advisors LLC purchased a new stake in shares of RTX in the first quarter worth approximately $31,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

RTX Stock Down 0.4%

NYSE:RTX opened at $193.66 on Friday. The company’s 50-day simple moving average is $184.63 and its 200-day simple moving average is $191.62. 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 $143.56 and a fifty-two week high of $214.50. The stock has a market capitalization of $260.80 billion, a P/E ratio of 36.33, a P/E/G ratio of 2.65 and a beta of 0.30.

RTX (NYSE:RTX) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.26. The business had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts anticipate that RTX Corporation will post 6.92 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 dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, August 14th. RTX’s payout ratio is 54.78%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on RTX shares. Wells Fargo & Company assumed coverage on shares of RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 target price for the company. Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings cut shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Finally, Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. 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 MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and a consensus price target of $211.38.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon unit is expanding its footprint in fighter aircraft programs by supplying advanced avionics, sensors, electronic warfare systems and precision weapons, reinforcing its role in key U.S. defense platforms. Article Title
• Positive Sentiment: RTX’s Pratt & Whitney unit is advancing AI-enabled engine inspection capabilities through a deal with Aiir Innovations, which could improve maintenance efficiency and support higher-margin aftermarket services. Article Title
• Positive Sentiment: Investors are also looking ahead to RTX’s upcoming earnings report, with Wall Street expecting earnings growth and the possibility of another beat, which can support sentiment into the print. Article Title
• Neutral Sentiment: Recent reports about NVIDIA’s GeForce RTX gaming GPUs, including launch delays, hotspot temperature issues and SEGA collaborations, do not appear to be material drivers for RTX Corporation’s stock and are likely to be a naming coincidence.

About RTX

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.