RTX Corporation $RTX is Ellerson Group Inc. ADV’s 7th Largest Position

Ellerson Group Inc. ADV cut its position in RTX Corporation (NYSE:RTX) by 19.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,032 shares of the company’s stock after selling 6,354 shares during the quarter. RTX accounts for 3.4% of Ellerson Group Inc. ADV’s holdings, making the stock its 7th largest holding. Ellerson Group Inc. ADV’s holdings in RTX were worth $5,214,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. World Investment Advisors grew its position in shares of RTX by 8.7% during the fourth quarter. World Investment Advisors now owns 62,448 shares of the company’s stock worth $11,453,000 after buying an additional 5,020 shares in the last quarter. Milestone Asset Management Group LLC raised its holdings in RTX by 34.7% in the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock valued at $5,504,000 after acquiring an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC purchased a new position in RTX in the fourth quarter worth approximately $2,308,000. Truist Financial Corp grew its holdings in RTX by 2.3% during the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after acquiring an additional 53,045 shares in the last quarter. Finally, Wealth Science Advisors LLC acquired a new position in RTX during the 4th quarter worth approximately $1,439,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Analysts Set New Price Targets

RTX has been the topic of a number of analyst reports. 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 report on Wednesday, April 22nd. UBS Group lowered their target price 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. Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Jefferies Financial Group restated a “buy” rating on shares of RTX in a research note on Wednesday, July 8th. Finally, Citigroup reaffirmed a “buy” rating on shares of RTX in a report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $211.38.

RTX Stock Down 1.3%

Shares of NYSE:RTX opened at $193.82 on Wednesday. The firm has a 50 day simple moving average of $183.55 and a 200-day simple moving average of $191.47. RTX Corporation has a twelve month low of $143.56 and a twelve month high of $214.50. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $261.02 billion, a PE ratio of 36.36, a P/E/G ratio of 2.69 and a beta of 0.30.

RTX (NYSE:RTX) last posted its earnings results on Tuesday, April 21st. The company reported $1.78 EPS 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 the consensus estimate of $21.38 billion. During the same period last year, the firm posted $1.47 EPS. The company’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, equities analysts predict that RTX Corporation will post 6.92 EPS for the current fiscal year.

RTX Dividend Announcement

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

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Analysts highlighted RTX’s expanding position in the electronic warfare market, pointing to advanced jamming, sensing and mission systems as defense spending supports demand. Is RTX Strengthening Its Position in the Electronic Warfare Market?
• Positive Sentiment: RTX’s global sustainment and lifecycle support business was cited as a potential long-term growth engine, reinforcing the company’s recurring-revenue profile. Can RTX’s Global Sustainment Services Drive Long-Term Growth?
• Positive Sentiment: RTX also drew attention for technical progress in aviation, including a high power-density electric motor test that may support future aerospace innovation. RTX Runs High Power-Density Electric Motor For Aviation
• Neutral Sentiment: One market note said RTX now appears to trade near intrinsic value on discounted cash flow and earnings-based measures, implying limited valuation support for a major rerating either way. RTX (RTX) Stock May Trade At A Cash Flow Discount And Earnings Premium
• Neutral Sentiment: Other headlines focused on NVIDIA RTX 5000/5070/5090 graphics cards and thermal issues, which are unrelated to RTX Corporation and likely had little direct impact on the stock. NVIDIA RTX 5000 GPUs get hotspot temperature readings…
• Negative Sentiment: Recent trading showed RTX declining even as the market rose, suggesting some investors are locking in gains or waiting for a stronger catalyst. RTX (RTX) Stock Falls Amid Market Uptick: What Investors Need to Know

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.