Lee Johnson Capital Management LLC Takes $4.21 Million Position in RTX Corporation $RTX

Lee Johnson Capital Management LLC purchased a new position in shares of RTX Corporation (NYSE:RTX) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 21,845 shares of the company’s stock, valued at approximately $4,214,000. RTX accounts for about 1.5% of Lee Johnson Capital Management LLC’s holdings, making the stock its 17th biggest position.

Other large investors have also added to or reduced their stakes in the company. BNP Paribas acquired a new stake in RTX during the 3rd quarter worth approximately $25,000. Navalign LLC bought a new position in shares of RTX during the fourth quarter valued at $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX during the fourth quarter valued at $26,000. Core Wealth Advisors LLC acquired a new position in shares of RTX during the fourth quarter worth $31,000. Finally, 1 North Wealth Services LLC lifted its holdings 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 worth $31,000 after purchasing an additional 137 shares during the period. Institutional investors own 86.50% of the company’s stock.

RTX News Roundup

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

Wall Street Analyst Weigh In

RTX has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 price objective on shares of RTX in a report on Thursday, March 5th. Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Jefferies Financial Group upgraded RTX from a “hold” rating to a “buy” rating and raised their price objective for the stock from $210.00 to $220.00 in a research report on Thursday, June 4th. Finally, Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $211.38.

RTX Stock Performance

RTX stock opened at $186.07 on Monday. The stock has a 50-day moving average price of $181.86 and a 200-day moving average price of $189.62. 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 has a market cap of $250.58 billion, a PE ratio of 34.91, a price-to-earnings-growth ratio of 2.63 and a beta of 0.31.

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

RTX Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.6%. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend was Friday, May 22nd. RTX’s payout ratio is presently 54.78%.

RTX 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.