Great Lakes Advisors LLC lowered its holdings in shares of RTX Corporation (NYSE:RTX – Free Report) by 0.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 963,460 shares of the company’s stock after selling 3,092 shares during the quarter. RTX accounts for about 1.4% of Great Lakes Advisors LLC’s portfolio, making the stock its 8th biggest position. Great Lakes Advisors LLC’s holdings in RTX were worth $176,699,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. BNP Paribas acquired a new stake in shares of RTX during the third quarter worth about $25,000. Navalign LLC acquired a new stake in shares of RTX during the fourth quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX during the fourth quarter worth about $26,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX during the fourth quarter worth about $31,000. Finally, Wexford Capital LP acquired a new stake in shares of RTX during the third quarter worth about $33,000. Institutional investors and hedge funds own 86.50% of the company’s stock.
RTX Price Performance
NYSE:RTX opened at $184.15 on Friday. 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 stock’s 50-day simple moving average is $183.23 and its 200 day simple moving average is $189.03. The company has a market cap of $247.98 billion, a P/E ratio of 34.55, a P/E/G ratio of 2.51 and a beta of 0.31. RTX Corporation has a 52-week low of $140.13 and a 52-week high of $214.50.
RTX Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were paid a $0.73 dividend. 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%. The ex-dividend date was Friday, May 22nd. RTX’s dividend payout ratio is 54.78%.
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Collins Aerospace, an RTX business, completed a $63 million expansion of its Malaysia maintenance, repair and overhaul hub, which should boost RTX’s Asia-Pacific service capacity and cash-flow potential as airline fleets grow. RTX’s Collins Aerospace expands Malaysia MRO hub with $63M investment
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, signaling slightly better profit expectations even though the stock remains rated Hold.
- Positive Sentiment: Recent coverage around RTX’s aerospace service expansion and the Malaysia MRO buildout reinforces the case that demand for aftermarket maintenance services remains strong. RTX Malaysia MRO Expansion Adds Asia Pacific Cash Flow Potential
- Neutral Sentiment: RTX was listed among the stocks attracting heavy attention on Zacks, but that article did not add new operational or financial news by itself. RTX Corporation (RTX) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Several search and technology articles mentioning “RTX” were about Nvidia RTX graphics products, not RTX Corporation, so they are unlikely to affect the stock.
Analysts Set New Price Targets
A number of research firms have recently commented on RTX. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $240.00 price target on shares of RTX in a research report on Thursday, March 5th. Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Morgan Stanley reduced their price target on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. Finally, Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, RTX has an average rating of “Moderate Buy” and an average price target of $211.38.
Read Our Latest Research Report on RTX
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.
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