RTX Corporation $RTX Holdings Trimmed by Amica Mutual Insurance Co.

Amica Mutual Insurance Co. lessened its stake in RTX Corporation (NYSE:RTX) by 14.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 44,295 shares of the company’s stock after selling 7,327 shares during the quarter. Amica Mutual Insurance Co.’s holdings in RTX were worth $8,124,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in RTX. BNP Paribas acquired a new position in RTX in the 3rd quarter valued at approximately $25,000. Navalign LLC bought a new position in RTX during the fourth quarter valued at approximately $25,000. Valley Wealth Managers Inc. acquired a new position in shares of RTX during the 3rd quarter worth $30,000. Wexford Capital LP acquired a new position in shares of RTX during the 3rd quarter worth $33,000. Finally, Dogwood Wealth Management LLC increased its stake in shares of RTX by 57.3% during the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Trading Up 0.1%

Shares of RTX stock opened at $179.16 on Friday. The stock has a market capitalization of $241.27 billion, a P/E ratio of 33.61, a price-to-earnings-growth ratio of 2.54 and a beta of 0.31. 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 50-day simple moving average of $186.04 and a 200 day simple moving average of $188.74. RTX Corporation has a 12-month low of $131.90 and a 12-month high of $214.50.

RTX (NYSE:RTX) last posted its quarterly earnings data 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 firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts expect that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be paid a $0.73 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This is an increase 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%. RTX’s payout ratio is presently 54.78%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on RTX shares. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 price target on shares of RTX in a research note on Thursday, March 5th. UBS Group dropped their price target 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. DZ Bank lowered shares of RTX from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. 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, twelve have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $210.75.

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.