RTX Corporation $RTX Shares Sold by Dover Advisors LLC

Dover Advisors LLC lessened its position in RTX Corporation (NYSE:RTX) by 13.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 25,194 shares of the company’s stock after selling 3,852 shares during the period. RTX makes up 1.8% of Dover Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Dover Advisors LLC’s holdings in RTX were worth $4,621,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in RTX. BNP Paribas acquired a new stake in shares of RTX in the 3rd quarter worth $25,000. Navalign LLC acquired a new stake in shares of RTX in the 4th quarter worth $25,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the 4th quarter worth $31,000. Wexford Capital LP acquired a new stake in shares of RTX in the 3rd quarter worth $33,000. Finally, Dogwood Wealth Management LLC lifted its stake in shares of RTX by 57.3% in the 3rd 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. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Stock Performance

NYSE:RTX opened at $174.17 on Wednesday. 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 50-day moving average price of $185.52 and a two-hundred day moving average price of $188.78. RTX Corporation has a twelve month low of $135.43 and a twelve month high of $214.50. The company has a market capitalization of $234.55 billion, a P/E ratio of 32.68, a price-to-earnings-growth ratio of 2.47 and a beta of 0.31.

RTX (NYSE:RTX) last posted its earnings results 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. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same period last year, the firm posted $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. As a group, research analysts expect that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

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

RTX News Summary

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on RTX. Jefferies Financial Group cut 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. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. Wolfe Research reiterated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Finally, UBS Group cut their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, RTX currently has an average rating of “Moderate Buy” and a consensus target price of $210.75.

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.