RTX Corporation $RTX Stock Holdings Increased by Invesco Ltd.

Invesco Ltd. grew its position in RTX Corporation (NYSE:RTX) by 0.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,134,677 shares of the company’s stock after acquiring an additional 48,070 shares during the quarter. Invesco Ltd.’s holdings in RTX were worth $1,675,300,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of RTX. BNP Paribas bought a new position in shares of RTX during the third quarter valued at approximately $25,000. Navalign LLC bought a new stake in RTX during the fourth quarter worth approximately $25,000. Commonwealth Retirement Investments LLC acquired a new stake in RTX in the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC acquired a new position in RTX in the fourth quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC grew its holdings in shares of RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after acquiring an additional 137 shares during the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

RTX has been the subject of several research analyst reports. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Citigroup reiterated a “buy” rating on shares of RTX in a research report on Wednesday. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Wells Fargo & Company started coverage on RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price target for the company. One research 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $211.38.

RTX Stock Down 3.4%

NYSE RTX opened at $186.07 on Friday. RTX Corporation has a twelve month low of $140.47 and a twelve month high of $214.50. The stock has a market cap of $250.58 billion, a PE ratio of 34.91, a PEG ratio of 2.73 and a beta of 0.31. The firm has a 50-day simple moving average of $182.21 and a 200 day simple moving average of $189.49. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS 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 firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the prior year, the firm posted $1.47 EPS. The company’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. On average, research analysts forecast that RTX Corporation will post 6.91 EPS for the current 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 dividend of $0.73 per share. The ex-dividend date of this dividend was Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. RTX’s dividend payout ratio (DPR) is presently 54.78%.

RTX Company 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.