RTX Corporation $RTX Stock Position Cut by Allied Investment Advisors LLC

Allied Investment Advisors LLC decreased its position in RTX Corporation (NYSE:RTX) by 4.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 101,038 shares of the company’s stock after selling 4,586 shares during the period. RTX accounts for about 2.9% of Allied Investment Advisors LLC’s portfolio, making the stock its 8th largest position. Allied Investment Advisors LLC’s holdings in RTX were worth $18,530,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of RTX. Vanguard Group Inc. boosted its position in RTX by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after purchasing an additional 2,210,950 shares in the last quarter. Capital Research Global Investors raised its stake in shares of RTX by 1.1% during the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock worth $12,750,087,000 after buying an additional 799,155 shares during the period. Fisher Asset Management LLC lifted its position in shares of RTX by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock valued at $3,998,155,000 after buying an additional 625,994 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of RTX by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 7,642,723 shares of the company’s stock valued at $1,278,740,000 after buying an additional 147,940 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in RTX by 13.4% in the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock valued at $1,199,338,000 after acquiring an additional 846,656 shares during the period. 86.50% of the stock is owned by hedge funds and other institutional investors.

RTX Stock Up 0.0%

Shares of NYSE RTX opened at $177.06 on Tuesday. The stock has a market cap of $238.45 billion, a PE ratio of 33.22, a P/E/G ratio of 2.51 and a beta of 0.31. 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 Corporation has a 12-month low of $130.90 and a 12-month high of $214.50. The company has a 50-day moving average of $188.13 and a 200 day moving average of $188.75.

RTX (NYSE:RTX) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. The company had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. RTX’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, sell-side analysts predict that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be paid a $0.73 dividend. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. RTX’s dividend payout ratio is 51.03%.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: A bullish note on RTX said the stock could have about 14% upside to $201.85, supported by a $271 billion backlog, strong Q1 organic growth, and efficient cash flow generation. RTX Corporation: A Dual Cycle Profile In Play
• Positive Sentiment: Analyst coverage comparing AeroVironment and RTX reiterated RTX’s appeal as militaries increase spending on missile defense, autonomous systems, and integrated targeting technologies. AeroVironment vs. RTX: Which Aerospace-Defense Stock Has the Edge?
• Positive Sentiment: The same aerospace-defense comparison article was republished by Zacks, adding visibility to RTX’s defense-growth narrative. AeroVironment vs. RTX: Which Aerospace-Defense Stock Has the Edge?
• Neutral Sentiment: Several consumer tech stories referenced “RTX” in Nvidia GPU product names, but they are unrelated to RTX Corporation and should not materially affect the stock.
• Negative Sentiment: No clear company-specific negative catalyst appeared in the latest headlines; however, the stock remains well below its 50-day and 200-day moving averages, suggesting traders may still view the recent pullback cautiously.

Analyst Ratings Changes

RTX has been the subject of several recent analyst reports. JPMorgan Chase & Co. boosted their price target on shares of RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. TD Cowen restated a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. Vertical Research reaffirmed a “buy” rating and issued a $227.00 price target on shares of RTX in a research note on Tuesday, January 27th. Jefferies Financial Group lowered their price objective on RTX from $225.00 to $210.00 and set a “hold” rating on the stock in a report on Monday, April 13th. Finally, Wolfe Research reiterated an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $210.75.

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.