MUFG Securities EMEA plc Buys 29,345 Shares of RTX Corporation $RTX

MUFG Securities EMEA plc grew its stake in RTX Corporation (NYSE:RTXFree Report) by 114.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,966 shares of the company’s stock after acquiring an additional 29,345 shares during the period. MUFG Securities EMEA plc’s holdings in RTX were worth $10,081,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. BNP Paribas bought a new position in shares of RTX in the 3rd quarter valued at about $25,000. Navalign LLC bought a new position in shares of RTX in the 4th quarter valued at about $25,000. Wexford Capital LP bought a new position in shares of RTX in the 3rd quarter valued at about $33,000. Dogwood Wealth Management LLC grew its holdings in RTX by 57.3% during the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the period. Finally, Imprint Wealth LLC bought a new position in RTX during the third quarter worth about $35,000. Institutional investors own 86.50% of the company’s stock.

RTX Trading Down 0.3%

RTX stock opened at $179.16 on Monday. The stock has a 50-day simple moving average of $186.04 and a 200 day simple moving average of $188.81. 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 has a market capitalization of $241.27 billion, a P/E ratio of 33.61, a PEG ratio of 2.55 and a beta of 0.31. RTX Corporation has a 52 week low of $131.90 and a 52 week high of $214.50.

RTX (NYSE:RTXGet Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.26. The firm had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period last year, the business posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Analysts expect that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

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

Analysts Set New Price Targets

A number of research firms recently commented on RTX. Wolfe Research reiterated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Jefferies Financial Group reduced their price target on RTX from $225.00 to $210.00 and set a “hold” rating for the company in a report on Monday, April 13th. Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Citigroup reduced their price target on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Finally, Wells Fargo & Company began coverage on RTX in a report 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, twelve have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, RTX has an average rating of “Moderate Buy” and an average price target of $210.75.

Check Out Our Latest Research Report on RTX

About RTX

(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.

See Also

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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