Klingenstein Fields & Co. LP Decreases Stock Position in RTX Corporation $RTX

Klingenstein Fields & Co. LP cut its stake in RTX Corporation (NYSE:RTX) by 1.2% in the fourth quarter, HoldingsChannel reports. The firm owned 318,260 shares of the company’s stock after selling 3,967 shares during the quarter. RTX makes up about 2.2% of Klingenstein Fields & Co. LP’s investment portfolio, making the stock its 17th biggest position. Klingenstein Fields & Co. LP’s holdings in RTX were worth $58,369,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after purchasing an additional 2,210,950 shares during the period. Capital Research Global Investors lifted its holdings in RTX by 1.1% during the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock worth $12,750,087,000 after buying an additional 799,155 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in RTX by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock worth $3,998,155,000 after buying an additional 625,994 shares during the last quarter. Norges Bank purchased a new stake in RTX during the 4th quarter worth about $3,167,626,000. Finally, Dimensional Fund Advisors LP lifted its holdings in RTX by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 7,642,723 shares of the company’s stock worth $1,278,740,000 after buying an additional 147,940 shares during the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

RTX Stock Down 0.4%

RTX stock opened at $183.52 on Friday. RTX Corporation has a fifty-two week low of $140.47 and a fifty-two week high of $214.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. The company has a market capitalization of $247.14 billion, a P/E ratio of 34.43, a PEG ratio of 2.61 and a beta of 0.31. The stock has a 50-day simple moving average of $183.00 and a 200-day simple moving average of $188.99.

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 return on equity of 13.50% and a net margin of 8.03%.The business had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same period in the previous year, the business earned $1.47 EPS. The business’s quarterly revenue 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 earnings per share for the current year.

RTX Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, May 22nd. This is an increase from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio (DPR) is presently 54.78%.

Analysts Set New Price Targets

A number of analysts have issued reports on RTX shares. Morgan Stanley decreased their price target on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Citigroup decreased their price target on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Wells Fargo & Company started coverage on RTX in a report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price target for the company. Finally, Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average target price of $211.38.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: DBS Bank upgraded RTX from “hold” to “moderate buy,” signaling improved confidence in the company’s outlook and valuation.
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, suggesting expectations for stronger earnings ahead. Source article
• Positive Sentiment: RTX’s Collins Aerospace unit is expanding its Malaysia MRO hub with a $63 million investment, which supports long-term service capacity and international growth. Source article
• Positive Sentiment: Recent commentary highlighted RTX as attractive on valuation after defense-contract focus, reinforcing the view that the stock may still have room to rerate if earnings hold up. Source article
• Neutral Sentiment: RTX remains one of the more watched names among investors, with multiple articles discussing defense spending, autonomous systems, and earnings expectations, but these are mostly sentiment and theme-driven rather than direct company-specific catalysts.
• Neutral Sentiment: Several headlines about “RTX” relate to Nvidia’s GeForce RTX graphics products and Microsoft’s AI GPU support, which are unrelated to RTX Corporation and are unlikely to affect the stock directly.

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.