Sippican Capital Advisors Sells 3,554 Shares of RTX Corporation $RTX

Posted by Brenda Bartman on Jun 30th, 2026

Sippican Capital Advisors lowered its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 22.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 12,215 shares of the company’s stock after selling 3,554 shares during the period. RTX comprises about 1.6% of Sippican Capital Advisors’ holdings, making the stock its 20th largest position. Sippican Capital Advisors’ holdings in RTX were worth $2,356,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. EWA LLC boosted its position in RTX by 13.3% during the 1st quarter. EWA LLC now owns 2,463 shares of the company’s stock valued at $475,000 after acquiring an additional 290 shares in the last quarter. Catalina Capital Group LLC purchased a new position in shares of RTX during the 1st quarter worth approximately $254,000. North Star Investment Management Corp. raised its position in shares of RTX by 13.6% in the 1st quarter. North Star Investment Management Corp. now owns 7,581 shares of the company’s stock worth $1,462,000 after acquiring an additional 910 shares in the last quarter. Tred Avon Family Wealth LLC lifted its stake in shares of RTX by 8.7% in the 1st quarter. Tred Avon Family Wealth LLC now owns 4,144 shares of the company’s stock valued at $799,000 after purchasing an additional 330 shares during the period. Finally, Networth Advisors LLC purchased a new position in shares of RTX in the 1st quarter valued at approximately $40,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on RTX shares. Jefferies Financial Group raised RTX from a “hold” rating to a “buy” rating and upped their price target for the stock from $210.00 to $220.00 in a research note on Thursday, June 4th. Weiss Ratings lowered RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Citigroup reiterated a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $211.38.

Get Our Latest Report on RTX

RTX Stock Down 0.3%

RTX stock opened at $187.49 on Tuesday. RTX Corporation has a twelve month low of $142.65 and a twelve month high of $214.50. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The firm has a market cap of $252.49 billion, a PE ratio of 35.18, a price-to-earnings-growth ratio of 2.66 and a beta of 0.31. The business has a 50 day moving average of $180.10 and a 200 day moving average of $190.27.

RTX (NYSE:RTX – Get Free Report) last released its earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping 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 business had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. During the same period in the previous year, the company posted $1.47 earnings per share. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. 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 fiscal year.

RTX Announces Dividend

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

More RTX News

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.

RTX 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.