Compound Planning Inc. Grows Position in RTX Corporation $RTX

Compound Planning Inc. increased its stake in shares of RTX Corporation (NYSE:RTX) by 47.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 30,010 shares of the company’s stock after acquiring an additional 9,667 shares during the quarter. Compound Planning Inc.’s holdings in RTX were worth $5,504,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Milestone Asset Management Group LLC grew its stake in shares of RTX by 34.7% in the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after buying an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in shares of RTX during the 4th quarter valued at about $2,308,000. Truist Financial Corp raised its position in shares of RTX by 2.3% during the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock valued at $424,575,000 after buying an additional 53,045 shares in the last quarter. Wealth Science Advisors LLC bought a new position in shares of RTX in the 4th quarter valued at about $1,439,000. Finally, Groupama Asset Managment bought a new position in shares of RTX in the 3rd quarter valued at about $150,078,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on RTX shares. Wells Fargo & Company initiated coverage on RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price objective on the stock. Morgan Stanley lowered their price objective on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. UBS Group cut their target price on RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Jefferies Financial Group upgraded RTX from a “hold” rating to a “buy” rating and increased their price target for the company from $210.00 to $220.00 in a report on Thursday, June 4th. Finally, Weiss Ratings downgraded RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. One research 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $211.38.

RTX Stock Performance

Shares of NYSE:RTX opened at $186.07 on Friday. 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 $140.47 and a 12 month high of $214.50. The company has a market capitalization of $250.58 billion, a price-to-earnings ratio of 34.91, a PEG ratio of 2.73 and a beta of 0.31. The firm’s 50-day moving average is $182.21 and its 200 day moving average is $189.49.

RTX (NYSE:RTX) last announced its quarterly earnings data 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. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same quarter last year, the firm earned $1.47 earnings per share. The firm’s quarterly 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 predict that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

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

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.