RTX Corporation $RTX is Dover Advisors LLC’s 9th Largest Position

Dover Advisors LLC cut its position in shares of RTX Corporation (NYSE:RTX) by 13.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 25,194 shares of the company’s stock after selling 3,852 shares during the quarter. RTX accounts for approximately 1.8% of Dover Advisors LLC’s holdings, making the stock its 9th largest position. Dover Advisors LLC’s holdings in RTX were worth $4,621,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Navalign LLC purchased a new stake in shares of RTX during the fourth quarter worth about $25,000. BNP Paribas purchased a new stake in shares of RTX during the third quarter worth about $25,000. Core Wealth Advisors LLC purchased a new stake in shares of RTX during the fourth quarter worth about $31,000. Wexford Capital LP purchased a new stake in shares of RTX during the third quarter worth about $33,000. Finally, Dogwood Wealth Management LLC grew its holdings in shares of RTX by 57.3% during the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after buying an additional 75 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace expanded its Poland facility, lifting landing gear production capacity by nearly 25% and adding about 190 jobs, which should support RTX’s commercial and defense backlog execution. Article link
• Positive Sentiment: Analysts and market commentary say RTX has outperformed its industry over the past six months, helped by contract wins, technology advances, and rising earnings estimates. Article link
• Neutral Sentiment: RTX has also been mentioned in valuation-focused coverage, with investors debating whether the stock’s recent gains leave limited near-term upside despite solid fundamentals. Article link

RTX Price Performance

RTX opened at $174.17 on Wednesday. The company’s 50 day simple moving average is $185.52 and its 200 day simple moving average is $188.78. 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 1 year low of $135.43 and a 1 year high of $214.50. The stock has a market capitalization of $234.55 billion, a PE ratio of 32.68, a P/E/G ratio of 2.47 and a beta of 0.31.

RTX (NYSE:RTX) last released its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $21.38 billion. During the same period last year, the company earned $1.47 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, sell-side analysts expect that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be given a $0.73 dividend. This is a boost from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 22nd. RTX’s dividend payout ratio is 54.78%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Wolfe Research reiterated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a report on Friday, April 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 downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Finally, Morgan Stanley lowered their price target on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, RTX has a consensus rating of “Moderate Buy” and a consensus price target of $210.75.

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.