Titan Wealth CI Ltd acquired a new stake in RTX Corporation (NYSE:RTX – Free Report) in the fourth quarter, Holdings Channel reports. The firm acquired 44,210 shares of the company’s stock, valued at approximately $8,109,000. RTX accounts for approximately 3.1% of Titan Wealth CI Ltd’s holdings, making the stock its 18th biggest holding.
Other hedge funds also recently added to or reduced their stakes in the company. Blair William & Co. IL lifted its stake in RTX by 2.6% in the fourth quarter. Blair William & Co. IL now owns 376,802 shares of the company’s stock worth $69,105,000 after acquiring an additional 9,483 shares during the last quarter. Graham Capital Management L.P. increased its position in shares of RTX by 348.3% in the 4th quarter. Graham Capital Management L.P. now owns 30,890 shares of the company’s stock valued at $5,665,000 after purchasing an additional 24,000 shares during the last quarter. Howe & Rusling Inc. raised its holdings in shares of RTX by 2.6% in the 4th quarter. Howe & Rusling Inc. now owns 23,728 shares of the company’s stock valued at $4,352,000 after purchasing an additional 609 shares in the last quarter. Dempze Nancy E raised its holdings in shares of RTX by 3.7% in the 4th quarter. Dempze Nancy E now owns 33,134 shares of the company’s stock valued at $6,077,000 after purchasing an additional 1,192 shares in the last quarter. Finally, Opal Capital LLC purchased a new stake in shares of RTX during the 4th quarter worth $519,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research firms recently commented on RTX. Melius Research raised RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Morgan Stanley dropped their price objective on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Jefferies Financial Group raised RTX from a “hold” rating to a “buy” rating and raised their target price for the stock from $210.00 to $220.00 in a research report on Thursday, June 4th. Finally, Weiss Ratings cut RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $211.38.
More RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX said it will invest $100 million in its Raytheon Rhode Island facility, a move that signals continued capital spending and support for long-term defense production capacity. RTX to Invest $100 Million in Raytheon Rhode Island Facility
- Positive Sentiment: Zacks highlighted RTX’s growth opportunities in advanced aircraft interiors, noting airlines are investing in cabin modernization, connectivity, and passenger experience upgrades, which could support demand in RTX’s Collins Aerospace business. How Is RTX Strengthening Growth via Advanced Aircraft Interiors?
- Positive Sentiment: RTX’s recent earnings beat and revenue outperformance continue to support investor confidence, with the company also reaffirming a strong outlook and FY 2026 guidance. RTX Stock Overview
- Neutral Sentiment: RTX’s shares also appear to be benefiting from broader market resilience, as the stock advanced even while the overall market was weaker. RTX Gains As Market Dips: What You Should Know
- Neutral Sentiment: Several headlines about “RTX” referenced Nvidia RTX graphics products and AI PCs, but these are not related to RTX Corporation and should not materially affect the stock. Intel x86 processors with GeForce RTX graphics are reportedly coming in 2028
RTX Price Performance
Shares of RTX opened at $186.74 on Wednesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. RTX Corporation has a 1-year low of $140.47 and a 1-year high of $214.50. The stock has a market cap of $251.48 billion, a PE ratio of 35.04, a price-to-earnings-growth ratio of 2.60 and a beta of 0.31. The firm has a fifty day moving average price of $182.56 and a 200 day moving average price of $189.28.
RTX (NYSE:RTX – Get Free Report) last posted its earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping 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 return on equity of 13.50% and a net margin of 8.03%.The business’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, sell-side analysts anticipate that RTX Corporation will post 6.91 EPS for the current year.
RTX Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were given a $0.73 dividend. This is a positive change from RTX’s previous quarterly dividend of $0.68. The ex-dividend date was Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 1.6%. RTX’s payout ratio is currently 54.78%.
About RTX
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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