Baer Investment Advisory LLC Invests $844,000 in RTX Corporation $RTX

Baer Investment Advisory LLC purchased a new stake in RTX Corporation (NYSE:RTXFree Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,375 shares of the company’s stock, valued at approximately $844,000.

Other large investors have also made changes to their positions in the company. BNP Paribas bought a new position in RTX during the third quarter worth about $25,000. Navalign LLC acquired a new stake in shares of RTX during the fourth quarter worth about $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX during the 4th quarter valued at about $26,000. Core Wealth Advisors LLC bought a new position in shares of RTX during the 4th quarter valued at about $31,000. Finally, 1 North Wealth Services LLC grew its position 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. Institutional investors own 86.50% of the company’s stock.

More RTX News

Here are the key news stories impacting RTX this week:

RTX Trading Down 0.2%

NYSE:RTX opened at $198.88 on Friday. RTX Corporation has a twelve month low of $142.98 and a twelve month high of $214.50. 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 business has a 50 day moving average price of $180.46 and a two-hundred day moving average price of $190.67. The company has a market cap of $267.83 billion, a P/E ratio of 37.31, a price-to-earnings-growth ratio of 2.82 and a beta of 0.30.

RTX (NYSE:RTXGet Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 8.03% and a return on equity of 13.50%. The firm’s revenue was up 8.7% compared to the same quarter last year. During the same period last year, the company earned $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, analysts expect that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, August 14th. RTX’s payout ratio is presently 54.78%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on RTX. Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Finally, Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.38.

Check Out Our Latest Analysis on RTX

RTX 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.

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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