RTX Corporation $RTX Shares Sold by Welch & Forbes LLC

Welch & Forbes LLC lessened its stake in shares of RTX Corporation (NYSE:RTX) by 2.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,094,594 shares of the company’s stock after selling 28,646 shares during the period. RTX accounts for 2.7% of Welch & Forbes LLC’s portfolio, making the stock its 7th largest holding. Welch & Forbes LLC’s holdings in RTX were worth $211,147,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. BNP Paribas acquired a new position in RTX in the 3rd quarter valued at $25,000. Navalign LLC acquired a new stake in shares of RTX in the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX in the fourth quarter worth about $26,000. Core Wealth Advisors LLC acquired a new position in shares of RTX during the 4th quarter worth about $31,000. Finally, 1 North Wealth Services LLC boosted its stake in RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares during the period. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX was highlighted in multiple industry outlook pieces as a beneficiary of strong aerospace-defense tailwinds, including rising defense spending, aviation demand, and ongoing strategic initiatives. Zacks Industry Outlook Highlights GE Aerospace, RTX and General Dynamics
• Positive Sentiment: The company’s Raytheon unit is expanding European missile production with NATO and Diehl Defence, including efforts to boost Stinger output and strengthen the supply chain, which could support future defense revenue. RTX (RTX) Expands European Missile Production With NATO And Diehl Defence
• Positive Sentiment: Collins Aerospace opened a UK Engineering Center of Excellence to advance next-generation aircraft systems, underscoring RTX’s investment in higher-margin aerospace technologies and innovation. RTX’s Collins Aerospace opens UK Engineering Center of Excellence to advance next-generation aircraft systems
• Positive Sentiment: Zacks also said RTX has a strong earnings-surprise track record and the right setup to potentially beat consensus in its next quarterly report, which can boost investor sentiment ahead of results. Why RTX (RTX) Could Beat Earnings Estimates Again
• Neutral Sentiment: RTX was also mentioned in additional aerospace-defense stock roundup articles, reinforcing the view that the sector remains attractive, though these pieces did not provide company-specific new catalysts. 3 Aerospace-Defense Stocks to Buy Amid Strong Industry Tailwinds
• Negative Sentiment: RTX was reported to have fallen more than the broader market in the prior session, suggesting some near-term volatility or profit-taking after a strong run. RTX (RTX) Registers a Bigger Fall Than the Market: Important Facts to Note

RTX Price Performance

NYSE:RTX traded up $0.61 during mid-day trading on Friday, hitting $195.81. The company’s stock had a trading volume of 2,821,542 shares, compared to its average volume of 4,648,892. The company has a market capitalization of $263.69 billion, a price-to-earnings ratio of 36.74, a P/E/G ratio of 2.68 and a beta of 0.30. 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 Corporation has a fifty-two week low of $143.56 and a fifty-two week high of $214.50. The stock has a fifty day moving average of $182.73 and a 200-day moving average of $191.30.

RTX (NYSE:RTX) last released its quarterly earnings data 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 company had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same period in the prior year, the company posted $1.47 EPS. The company’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. As a group, equities analysts forecast that RTX Corporation will post 6.92 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 given a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.5%. RTX’s payout ratio is 54.78%.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Jefferies Financial Group reiterated a “buy” rating on shares of RTX in a research note on Wednesday. UBS Group decreased their price target on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Morgan Stanley cut 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. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.38.

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.