Anchor Capital Advisors LLC Sells 40,236 Shares of RTX Corporation $RTX

Anchor Capital Advisors LLC decreased its stake in RTX Corporation (NYSE:RTX) by 22.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,996 shares of the company’s stock after selling 40,236 shares during the period. Anchor Capital Advisors LLC’s holdings in RTX were worth $25,125,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. BNP Paribas bought a new stake in shares of RTX in the third quarter worth $25,000. Navalign LLC acquired a new stake in shares of RTX in the fourth quarter valued at about $25,000. Core Wealth Advisors LLC bought a new position in shares of RTX during the fourth quarter worth about $31,000. Wexford Capital LP acquired a new position in shares of RTX in the third quarter worth approximately $33,000. Finally, Dogwood Wealth Management LLC lifted its stake in shares of RTX by 57.3% in the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after acquiring an additional 75 shares during the period. 86.50% of the stock is currently owned by institutional investors.

RTX Price Performance

RTX stock opened at $174.17 on Wednesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The company’s 50-day moving average is $185.52 and its 200-day moving average is $188.78. The stock has a market capitalization of $234.55 billion, a PE ratio of 32.68, a price-to-earnings-growth ratio of 2.47 and a beta of 0.31. RTX Corporation has a 1 year low of $135.43 and a 1 year high of $214.50.

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

RTX Increases Dividend

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

Key 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

Wall Street Analyst Weigh In

RTX has been the subject of several analyst reports. Jefferies Financial Group lowered their price target on shares of RTX from $225.00 to $210.00 and set a “hold” rating for the company in a report on Monday, April 13th. Morgan Stanley decreased their price objective on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. DZ Bank lowered RTX from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Finally, Wells Fargo & Company assumed coverage on RTX in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average 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.