Capital Analysts LLC Reduces Stock Position in RTX Corporation $RTX

Capital Analysts LLC cut its stake in RTX Corporation (NYSE:RTX) by 2.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 149,591 shares of the company’s stock after selling 4,533 shares during the quarter. RTX makes up approximately 0.8% of Capital Analysts LLC’s investment portfolio, making the stock its 25th biggest position. Capital Analysts LLC’s holdings in RTX were worth $27,435,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. BNP Paribas purchased a new position in RTX in the third quarter worth approximately $25,000. Navalign LLC purchased a new position in RTX in the fourth quarter worth approximately $25,000. Commonwealth Retirement Investments LLC purchased a new position in RTX in the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC purchased a new position in RTX in the fourth quarter worth approximately $31,000. Finally, Wexford Capital LP purchased a new position in RTX in the third quarter worth approximately $33,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

RTX Stock Up 1.6%

NYSE:RTX opened at $181.54 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The stock’s fifty day moving average is $183.59 and its two-hundred day moving average is $188.89. RTX Corporation has a 52 week low of $135.43 and a 52 week high of $214.50. The stock has a market capitalization of $244.48 billion, a price-to-earnings ratio of 34.06, a price-to-earnings-growth ratio of 2.53 and a beta of 0.31.

RTX (NYSE:RTX) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS 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 company had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $21.38 billion. During the same period in the prior year, the firm earned $1.47 earnings per share. The firm’s revenue was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research 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 will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. This is a positive change from RTX’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, May 22nd. RTX’s payout ratio is currently 54.78%.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Jefferies upgraded RTX to Buy from Hold and raised its price target to $220, citing improving profit margins and growth prospects. Jefferies Upgrades RTX Corporation (RTX) To Buy From Hold
• Positive Sentiment: RTX’s Raytheon unit is investing $100 million to expand missile-defense production and radar-testing capacity in Rhode Island, a sign of strong demand for LTAMDS and Patriot components. RTX invests $100 million to accelerate radar testing and interceptor production in Rhode Island
• Positive Sentiment: Collins Aerospace, an RTX business, expanded its Malaysia MRO facility with a $63 million investment, quadrupling footprint to meet growing commercial aviation maintenance demand. RTX’s Collins Aerospace quadruples MRO footprint in Malaysia
• Positive Sentiment: RTX also won a roughly $1.02 billion air-defense contract for NASAMS fire units, adding long-term revenue visibility for the defense segment. RTX Wins A Billion-Dollar Air Defense Contract With Long-Term Visibility
• Neutral Sentiment: Recent headlines about U.S. strikes against Iran may keep defense stocks like RTX in focus, but the direct impact on RTX’s fundamentals is not yet clear. U.S. Launches Retaliatory Strikes Against Iran — Defense Stocks, ETFs On Watch
• Neutral Sentiment: RTX shares also recently slipped on a broader market basis, even as the company’s defense backlog and expansion plans remained intact. RTX (RTX) Stock Declines While Market Improves: Some Information for Investors

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on RTX shares. Citigroup lowered their price objective on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average target price of $211.38.

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.