Uhlmann Price Securities LLC acquired a new stake in shares of RTX Corporation (NYSE:RTX – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,614 shares of the company’s stock, valued at approximately $895,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. BNP Paribas bought a new stake in RTX during the 3rd quarter valued at $25,000. Navalign LLC bought a new stake in RTX in the 4th quarter worth $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of RTX in the fourth quarter valued at about $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX in the fourth quarter valued at about $31,000. Finally, 1 North Wealth Services LLC raised its stake in shares of RTX by 456.7% during the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after acquiring an additional 137 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the stock. UBS Group dropped their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Melius Research raised RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Wells Fargo & Company began coverage on RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price objective for the company. Finally, Morgan Stanley cut their price objective on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.38.
RTX Trading Up 0.3%
Shares of RTX opened at $186.07 on Friday. RTX Corporation has a 1-year low of $140.47 and a 1-year 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 firm’s 50-day moving average price is $181.86 and its 200-day moving average price is $189.46. The firm has a market capitalization of $250.58 billion, a price-to-earnings ratio of 34.91, a PEG ratio of 2.63 and a beta of 0.31.
RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.52 by $0.26. The business had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. RTX’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the business posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Sell-side analysts anticipate that RTX Corporation will post 6.91 EPS for the current year.
RTX Increases Dividend
The company also recently declared 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 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Friday, May 22nd. RTX’s dividend payout ratio is presently 54.78%.
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Analysts and market commentary highlighted RTX as a possible beneficiary of surging European defense spending, reinforcing the company’s role as a major aerospace and defense supplier. How to Invest in the Biggest European Defense Surge in Decades (RTX)
- Positive Sentiment: A separate defense-industry piece warned that the U.S. needs more munitions and that deliveries are years behind, which could support long-term demand for RTX’s defense and missile-related businesses. U.S. Military Expert Issues Grave Warning: ‘We Need More Munitions and Deliveries Are Years Behind.’ What Stocks Can Benefit?
- Positive Sentiment: Technical and valuation-focused coverage suggested RTX has established a new price floor and may be undervalued, which can encourage buying interest. RTX (RTX) Stock Could Be 13.2% Undervalued After Revenue Hit US$90.4b
- Neutral Sentiment: Several articles referenced NVIDIA’s RTX branding, high-end GPUs, or consumer laptop pricing, but these appear unrelated to RTX Corporation’s defense/aerospace operations and are unlikely to materially affect the stock.
- Negative Sentiment: Recent trading-session coverage noted RTX shares slipped in the prior session, showing some near-term volatility despite the broader defense backdrop. RTX (RTX) Stock Declines While Market Improves: Some Information for Investors
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.
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