Tudor Financial Inc. reduced its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 43.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,846 shares of the company’s stock after selling 2,906 shares during the period. Tudor Financial Inc.’s holdings in RTX were worth $705,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Wealthspire Advisors LLC lifted its stake in shares of RTX by 51.7% during the fourth quarter. Wealthspire Advisors LLC now owns 25,306 shares of the company’s stock worth $4,641,000 after buying an additional 8,629 shares during the period. Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of RTX by 0.8% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 7,594 shares of the company’s stock worth $1,393,000 after buying an additional 61 shares during the period. Summit Financial LLC lifted its stake in shares of RTX by 3.9% during the fourth quarter. Summit Financial LLC now owns 37,656 shares of the company’s stock worth $6,906,000 after buying an additional 1,422 shares during the period. Concorde Asset Management LLC acquired a new stake in shares of RTX during the fourth quarter worth $237,000. Finally, United Capital Management of KS Inc. acquired a new stake in shares of RTX during the fourth quarter worth $205,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms have recently commented on RTX. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. UBS Group lowered their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday. Weiss Ratings downgraded shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $211.38.
RTX News Roundup
Here are the key news stories impacting RTX this week:
- Positive Sentiment: DBS Bank upgraded RTX from “hold” to “moderate buy,” signaling improved confidence in the company’s outlook and valuation.
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, suggesting expectations for stronger earnings ahead. Source article
- Positive Sentiment: RTX’s Collins Aerospace unit is expanding its Malaysia MRO hub with a $63 million investment, which supports long-term service capacity and international growth. Source article
- Positive Sentiment: Recent commentary highlighted RTX as attractive on valuation after defense-contract focus, reinforcing the view that the stock may still have room to rerate if earnings hold up. Source article
- Neutral Sentiment: RTX remains one of the more watched names among investors, with multiple articles discussing defense spending, autonomous systems, and earnings expectations, but these are mostly sentiment and theme-driven rather than direct company-specific catalysts.
- Neutral Sentiment: Several headlines about “RTX” relate to Nvidia’s GeForce RTX graphics products and Microsoft’s AI GPU support, which are unrelated to RTX Corporation and are unlikely to affect the stock directly.
RTX Trading Down 0.4%
NYSE RTX opened at $183.52 on Friday. The company has a market capitalization of $247.14 billion, a PE ratio of 34.43, a P/E/G ratio of 2.61 and a beta of 0.31. The company has a fifty day moving average of $183.00 and a 200 day moving average of $188.99. RTX Corporation has a 1 year low of $140.47 and a 1 year high of $214.50. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78.
RTX (NYSE:RTX – Get Free Report) last posted its earnings results 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 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 firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts forecast that RTX Corporation will post 6.91 earnings per share for the current year.
RTX Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were given a dividend of $0.73 per share. This is a boost from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, May 22nd. RTX’s payout ratio is presently 54.78%.
About RTX
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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