Zions Bancorporation National Association UT Acquires 3,506 Shares of RTX Corporation $RTX

Zions Bancorporation National Association UT boosted its holdings in shares of RTX Corporation (NYSE:RTXFree Report) by 9.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,460 shares of the company’s stock after acquiring an additional 3,506 shares during the period. Zions Bancorporation National Association UT’s holdings in RTX were worth $7,237,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RTX. Norges Bank bought a new position in RTX during the 4th quarter worth about $3,167,626,000. Vanguard Group Inc. grew its holdings in RTX by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after acquiring an additional 2,210,950 shares in the last quarter. California Public Employees Retirement System grew its holdings in RTX by 27.5% during the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock worth $802,640,000 after acquiring an additional 1,034,456 shares in the last quarter. Groupama Asset Managment bought a new position in RTX during the 3rd quarter worth about $150,078,000. Finally, Legal & General Group Plc grew its holdings in RTX by 13.4% during the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock worth $1,199,338,000 after acquiring an additional 846,656 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: Jefferies recently upgraded RTX to Buy from Hold and raised its price target to $220, citing improving margins and growth prospects. That kind of analyst action can boost investor confidence in the stock. Jefferies Upgrades RTX Corporation (RTX) To Buy From Hold
  • Positive Sentiment: Erste Group Bank nudged up its FY2026 and FY2027 EPS estimates for RTX, indicating slightly stronger earnings expectations than before. Higher profit forecasts can help support the stock, especially with consensus already looking for solid earnings growth. RTX analyst estimate updates
  • Positive Sentiment: RTX’s Collins Aerospace unit completed a $63 million expansion of its Malaysia MRO facility, quadrupling its regional footprint and positioning the site as a major Asia-Pacific maintenance hub. Investors may view this as a positive signal for future service revenue and international growth. RTX Malaysia MRO Expansion Adds Asia Pacific Cash Flow Potential
  • Positive Sentiment: RTX is also expanding missile-defense production and testing capacity, which suggests ongoing demand in its defense business and supports the longer-term revenue outlook. How Is RTX Expanding Missile Defense Production Capacity for Growth?
  • Neutral Sentiment: Several headlines mentioning “RTX” actually refer to Nvidia’s GeForce RTX gaming products and AI chips, which are unrelated to RTX Corporation and likely have little direct impact on the stock.
  • Negative Sentiment: The stock remains below key moving averages and is trading well off its 52-week high, suggesting the market is still cautious despite the positive news flow. This can help explain why the shares are not responding more strongly.

Analyst Ratings Changes

Several research analysts have issued reports on RTX shares. Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. Citigroup lowered their price target on shares of RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 price target on shares of RTX in a report on Thursday, March 5th. Finally, Erste Group Bank cut shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, thirteen 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 stock has a consensus rating of “Moderate Buy” and an average target price of $211.38.

Read Our Latest Stock Report on RTX

RTX Stock Down 2.2%

NYSE:RTX opened at $177.50 on Thursday. RTX Corporation has a fifty-two week low of $135.43 and a fifty-two week high of $214.50. The stock has a market capitalization of $239.04 billion, a P/E ratio of 33.30, a P/E/G ratio of 2.57 and a beta of 0.31. 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’s 50-day simple moving average is $183.40 and its 200-day simple moving average is $188.93.

RTX (NYSE:RTXGet Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. The business 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 company’s revenue was up 8.7% compared to the same quarter last year. During the same period last year, the business earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts anticipate that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be paid a $0.73 dividend. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. RTX’s dividend payout ratio (DPR) is 54.78%.

RTX Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for RTX (NYSE:RTX)

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