Folger Nolan Fleming Douglas Capital Management Inc. Acquires 6,333 Shares of RTX Corporation $RTX

Folger Nolan Fleming Douglas Capital Management Inc. lifted its holdings in shares of RTX Corporation (NYSE:RTX) by 7.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 95,506 shares of the company’s stock after purchasing an additional 6,333 shares during the quarter. RTX accounts for 1.6% of Folger Nolan Fleming Douglas Capital Management Inc.’s holdings, making the stock its 18th largest position. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in RTX were worth $18,423,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Brighton Jones LLC lifted its holdings in shares of RTX by 24.3% during the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after acquiring an additional 3,332 shares during the period. Revolve Wealth Partners LLC raised its position in RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after purchasing an additional 159 shares during the last quarter. United Bank raised its holdings in RTX by 68.0% in the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after buying an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in RTX by 3.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after buying an additional 623 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in RTX during the 2nd quarter worth approximately $5,157,000. 86.50% of the stock is currently owned by institutional investors.

RTX Trading Down 0.3%

RTX opened at $187.49 on Tuesday. The company has a fifty day moving average price of $180.10 and a two-hundred day moving average price of $190.27. RTX Corporation has a 1-year low of $142.65 and a 1-year high of $214.50. The company has a market cap of $252.49 billion, a P/E ratio of 35.18, a price-to-earnings-growth ratio of 2.66 and a beta of 0.31. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48.

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

RTX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.6%. RTX’s dividend payout ratio is presently 54.78%.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX Corporation was upgraded to Buy by Zacks, which suggests improving earnings expectations and could lift investor sentiment toward the stock. Article title: RTX (RTX) Upgraded to Buy: Here’s What You Should Know
• Positive Sentiment: The company declared a quarterly dividend of $0.73 per share, reinforcing its appeal for income-focused investors and signaling ongoing capital returns.
• Neutral Sentiment: Several articles mention RTX 4090, RTX 5000, RTX Spark, and other NVIDIA products; these use “RTX” in the branding but are about Nvidia, not RTX Corporation, so they are not meaningful direct catalysts for the stock.

Analyst Ratings Changes

Several brokerages have issued reports on RTX. Citigroup restated a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Wells Fargo & Company started coverage on RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price objective for the company. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Jefferies Financial Group raised RTX from a “hold” rating to a “buy” rating and boosted their price objective for the company from $210.00 to $220.00 in a research note on Thursday, June 4th. Finally, Morgan Stanley lowered their target price on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average price target 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.