RTX Corporation $RTX is Godsey & Gibb Inc.’s 4th Largest Position

Godsey & Gibb Inc. trimmed its stake in shares of RTX Corporation (NYSE:RTX) by 6.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 173,709 shares of the company’s stock after selling 12,029 shares during the quarter. RTX accounts for 2.9% of Godsey & Gibb Inc.’s holdings, making the stock its 4th largest holding. Godsey & Gibb Inc.’s holdings in RTX were worth $33,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Alpha Cubed Investments LLC grew its position in shares of RTX by 0.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after buying an additional 50 shares in the last quarter. LeConte Wealth Management LLC lifted its stake in RTX by 2.3% in the fourth quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock worth $412,000 after acquiring an additional 51 shares during the last quarter. Rydar Equities Inc. lifted its stake in RTX by 0.4% in the fourth quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock worth $2,480,000 after acquiring an additional 52 shares during the last quarter. Schulhoff & Co. Inc. grew its holdings in RTX by 1.7% during the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock worth $585,000 after acquiring an additional 52 shares in the last quarter. Finally, Howard Capital Management Inc. increased its position in shares of RTX by 0.4% in the 4th quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock valued at $2,263,000 after purchasing an additional 53 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on RTX. UBS Group decreased their price objective 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. Morgan Stanley dropped 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. Wells Fargo & Company started coverage on RTX in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price objective for the company. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $211.38.

RTX Stock Up 2.7%

RTX opened at $186.67 on Wednesday. RTX Corporation has a 52 week low of $140.47 and a 52 week high of $214.50. The business has a 50 day moving average price of $181.14 and a two-hundred day moving average price of $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. The company has a market cap of $251.38 billion, a PE ratio of 35.02, a P/E/G ratio of 2.58 and a beta of 0.31.

RTX (NYSE:RTX) last announced its 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 company had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company’s revenue was up 8.7% on a year-over-year basis. During the same period last year, the business posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, research analysts anticipate that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

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

Trending Headlines about RTX

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 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.