BCS Wealth Management Lowers Holdings in RTX Corporation $RTX

BCS Wealth Management reduced its stake in shares of RTX Corporation (NYSE:RTX) by 48.6% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 4,188 shares of the company’s stock after selling 3,952 shares during the period. BCS Wealth Management’s holdings in RTX were worth $808,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of RTX. BNP Paribas acquired a new stake in RTX during the third quarter worth about $25,000. Navalign LLC purchased a new stake in RTX in the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX during the 4th quarter worth approximately $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX during the 4th quarter valued at approximately $31,000. Finally, 1 North Wealth Services LLC lifted its stake in shares of RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Analysts and industry commentary highlighted RTX as a beneficiary of rising defense budgets, record backlogs, and ongoing growth opportunities versus peers like General Dynamics, which can support investor confidence in the company’s long-term earnings outlook. RTX vs. General Dynamics: Which Defense Contractor Offers More Upside?
• Positive Sentiment: Separate coverage pointed to RTX expanding connected aviation capabilities through avionics, communications, and data-management technologies, underscoring demand in its aerospace businesses. How Is RTX Advancing Connectivity Across Modern Aviation Systems?
• Neutral Sentiment: RTX agreed to sell Blue Canyon Technologies to MDA Space, a portfolio move that may sharpen focus on core defense and space programs but is not a major immediate earnings catalyst. RTX (RTX) Sells Blue Canyon As China Export Curbs Add Supply Risk
• Negative Sentiment: The same article flagged new Chinese export controls on rare earths and defense-related materials, which could add supply-chain and sourcing pressure for RTX and other U.S. defense contractors. RTX (RTX) Sells Blue Canyon As China Export Curbs Add Supply Risk

RTX Stock Up 2.7%

Shares of NYSE RTX opened at $186.67 on Wednesday. The firm has a market cap of $251.38 billion, a price-to-earnings ratio of 35.02, a price-to-earnings-growth ratio of 2.58 and a beta of 0.31. The company’s 50-day simple moving average is $181.14 and its 200-day simple moving average is $189.84. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. RTX Corporation has a 52-week low of $140.47 and a 52-week high of $214.50.

RTX (NYSE:RTX) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.26. The firm 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%. The company’s revenue for the quarter 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. Equities analysts predict that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd were given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date was Friday, May 22nd. RTX’s dividend payout ratio (DPR) is 54.78%.

Analysts Set New Price Targets

RTX has been the topic of several analyst reports. Wells Fargo & Company assumed coverage on shares of RTX in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price target on the stock. Citigroup reiterated a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Morgan Stanley dropped their target price on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 price target on shares of RTX in a research note on Thursday, March 5th. Finally, Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research 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 given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $211.38.

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.