State of Wisconsin Investment Board Buys 4,286 Shares of RTX Corporation $RTX

State of Wisconsin Investment Board grew its stake in shares of RTX Corporation (NYSE:RTX) by 0.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 715,069 shares of the company’s stock after purchasing an additional 4,286 shares during the quarter. State of Wisconsin Investment Board’s holdings in RTX were worth $131,144,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. BNP Paribas bought a new stake in shares of RTX in the third quarter worth about $25,000. Navalign LLC bought a new stake in shares of RTX in the fourth quarter worth about $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of RTX in the fourth quarter worth about $26,000. Core Wealth Advisors LLC bought a new stake in shares of RTX in the fourth quarter worth about $31,000. Finally, 1 North Wealth Services LLC grew its stake in shares of RTX by 456.7% in 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 last quarter. 86.50% of the stock is owned by institutional investors.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX said it will invest $100 million in its Raytheon Rhode Island facility, a move that signals continued capital spending and support for long-term defense production capacity. RTX to Invest $100 Million in Raytheon Rhode Island Facility
• Positive Sentiment: Zacks highlighted RTX’s growth opportunities in advanced aircraft interiors, noting airlines are investing in cabin modernization, connectivity, and passenger experience upgrades, which could support demand in RTX’s Collins Aerospace business. How Is RTX Strengthening Growth via Advanced Aircraft Interiors?
• Positive Sentiment: RTX’s recent earnings beat and revenue outperformance continue to support investor confidence, with the company also reaffirming a strong outlook and FY 2026 guidance. RTX Stock Overview
• Neutral Sentiment: RTX’s shares also appear to be benefiting from broader market resilience, as the stock advanced even while the overall market was weaker. RTX Gains As Market Dips: What You Should Know
• Neutral Sentiment: Several headlines about “RTX” referenced Nvidia RTX graphics products and AI PCs, but these are not related to RTX Corporation and should not materially affect the stock. Intel x86 processors with GeForce RTX graphics are reportedly coming in 2028

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 target price on shares of RTX in a research note on Thursday, March 5th. Wells Fargo & Company assumed coverage on RTX in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 target price on the stock. Morgan Stanley cut their target price on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Jefferies Financial Group raised RTX from a “hold” rating to a “buy” rating and raised their target price for the stock from $210.00 to $220.00 in a research note on Thursday, June 4th. Finally, Weiss Ratings cut RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $211.38.

RTX Stock Performance

Shares of RTX opened at $186.74 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. RTX Corporation has a one year low of $140.47 and a one year high of $214.50. The company has a 50-day simple moving average of $182.56 and a two-hundred day simple moving average of $189.28. The firm has a market capitalization of $251.48 billion, a PE ratio of 35.04, a price-to-earnings-growth ratio of 2.60 and a beta of 0.31.

RTX (NYSE:RTX) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping 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 business had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same period last year, the business posted $1.47 earnings per share. RTX’s quarterly 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. On average, analysts anticipate that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were issued 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 was Friday, May 22nd. RTX’s dividend payout ratio (DPR) is 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.