&PARTNERS Has $45.17 Million Position in RTX Corporation $RTX

&PARTNERS increased its holdings in shares of RTX Corporation (NYSE:RTXFree Report) by 10.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 246,311 shares of the company’s stock after acquiring an additional 23,164 shares during the quarter. &PARTNERS’s holdings in RTX were worth $45,171,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Navalign LLC acquired a new position in shares of RTX during the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of RTX during the 4th quarter worth approximately $26,000. BNP Paribas acquired a new position in shares of RTX during the 3rd quarter worth approximately $25,000. Core Wealth Advisors LLC acquired a new position in shares of RTX during the 4th quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC increased its holdings in shares of RTX by 456.7% during the 4th 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 last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

RTX has been the topic of a number of recent analyst reports. Melius Research raised RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Wells Fargo & Company initiated coverage on RTX in a report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 target price on the stock. Citigroup decreased their price objective on RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Morgan Stanley decreased their price objective on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, RTX has an average rating of “Moderate Buy” and a consensus target price of $211.38.

Get Our Latest Report on RTX

RTX Stock Performance

Shares of NYSE RTX opened at $186.74 on Wednesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The stock’s fifty day moving average price is $182.56 and its two-hundred day moving average price is $189.28. RTX Corporation has a one year low of $140.47 and a one year high of $214.50. The firm has a market cap of $251.48 billion, a price-to-earnings ratio of 35.04, a P/E/G ratio of 2.60 and a beta of 0.31.

RTX (NYSE:RTXGet Free Report) last issued 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 firm had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts forecast that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. This is an increase from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. RTX’s payout ratio is currently 54.78%.

RTX News Summary

Here are the key news stories impacting RTX this week:

RTX Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTXFree Report).

Institutional Ownership by Quarter for RTX (NYSE:RTX)

Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.