Capital World Investors Has $1.36 Billion Stake in RTX Corporation $RTX

Capital World Investors decreased its holdings in shares of RTX Corporation (NYSE:RTX) by 14.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,414,678 shares of the company’s stock after selling 1,269,342 shares during the quarter. Capital World Investors’ holdings in RTX were worth $1,359,852,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of RTX. Norges Bank acquired a new stake in shares of RTX during the 4th quarter worth approximately $3,167,626,000. Vanguard Group Inc. boosted its stake in RTX by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after acquiring an additional 2,210,950 shares during the last quarter. California Public Employees Retirement System boosted its stake in RTX by 27.5% during the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock worth $802,640,000 after acquiring an additional 1,034,456 shares during the last quarter. Groupama Asset Managment bought a new position in RTX during the 3rd quarter worth approximately $150,078,000. Finally, Legal & General Group Plc boosted its stake in RTX by 13.4% during the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock worth $1,199,338,000 after acquiring an additional 846,656 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Stock Performance

Shares of RTX opened at $181.26 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. RTX Corporation has a twelve month low of $135.43 and a twelve month high of $214.50. The firm’s 50 day moving average price is $184.04 and its two-hundred day moving average price is $188.81. The firm has a market cap of $244.10 billion, a P/E ratio of 34.01, a PEG ratio of 2.57 and a beta of 0.31.

RTX (NYSE:RTX) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same quarter in the previous year, the firm posted $1.47 earnings per share. The business’s revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, analysts forecast that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, May 22nd. RTX’s dividend payout ratio is 54.78%.

Analysts Set New Price Targets

Several research analysts recently weighed in on RTX shares. Wells Fargo & Company started coverage on shares of RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price objective on the stock. UBS Group reduced their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. Morgan Stanley reduced their price objective on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. Finally, Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, RTX has an average rating of “Moderate Buy” and an average target price of $211.38.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Jefferies upgraded RTX to Buy from Hold and raised its price target to $220, citing improving profit margins, strength in the defense business, and growth in commercial aerospace engine aftermarket revenue. RTX stock rises 4% after Jefferies upgrade, lifts target to $220
• Positive Sentiment: RTX won a $515 million U.S. Navy contract for its SPY-6 radar systems, expanding the program’s deployment across the Navy and allied governments and reinforcing the company’s defense electronics growth story. RTX SPY-6 Radar Win Expands Naval Role And Long Term Appeal
• Positive Sentiment: RTX is expanding landing gear production with a new Poland facility, a sign Collins Aerospace is investing to meet rising aircraft demand and support longer-term commercial aerospace growth. How Is RTX Expanding Landing Gear Production to Support Growth?
• Neutral Sentiment: Several articles repeated a broad “brokers suggest investing in RTX” theme, but these pieces mainly question the usefulness of average analyst ratings and do not add much new fundamental information. Brokers Suggest Investing in RTX (RTX): Read This Before Placing a Bet
• Neutral Sentiment: Tech headlines mentioning “RTX Spark” relate to NVIDIA’s product branding, not RTX Corporation, so they should not materially affect RTX stock. NVIDIA’s RTX Spark Superchip…

RTX 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.