Dimensional Fund Advisors LP Boosts Stock Position in RTX Corporation $RTX

Dimensional Fund Advisors LP grew its position in shares of RTX Corporation (NYSE:RTX) by 1.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,649,112 shares of the company’s stock after purchasing an additional 95,726 shares during the quarter. Dimensional Fund Advisors LP’s holdings in RTX were worth $1,475,296,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after buying an additional 2,210,950 shares in the last quarter. State Street Corp raised its stake in shares of RTX by 0.7% during the fourth quarter. State Street Corp now owns 91,884,588 shares of the company’s stock worth $16,851,633,000 after acquiring an additional 630,558 shares in the last quarter. Morgan Stanley lifted its holdings in shares of RTX by 0.4% in the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock worth $5,462,310,000 after acquiring an additional 105,069 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in shares of RTX by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock worth $3,998,155,000 after acquiring an additional 625,994 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of RTX in the 4th quarter valued at $3,167,626,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

RTX has been the topic of several recent research reports. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Wells Fargo & Company initiated coverage on shares of RTX in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target for the company. UBS Group cut their price target on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, July 8th. Finally, Citigroup reissued a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. One investment 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 assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $211.38.

RTX Stock Up 0.1%

Shares of NYSE RTX opened at $193.66 on Monday. The firm’s fifty day moving average is $184.63 and its 200 day moving average is $191.67. RTX Corporation has a 52 week low of $143.56 and a 52 week high of $214.50. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The company has a market cap of $260.80 billion, a price-to-earnings ratio of 36.33, a PEG ratio of 2.65 and a beta of 0.30.

RTX (NYSE:RTX) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.26. The business had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts expect that RTX Corporation will post 6.92 earnings per share for the current year.

RTX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders 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 dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio is 54.78%.

Key Stories Impacting 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.

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.