RTX Corporation $RTX Stock Holdings Increased by Inceptionr LLC

Inceptionr LLC grew its holdings in shares of RTX Corporation (NYSE:RTXFree Report) by 90.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 8,447 shares of the company’s stock after acquiring an additional 4,022 shares during the quarter. Inceptionr LLC’s holdings in RTX were worth $1,629,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Navalign LLC bought a new position in RTX during the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of RTX in the 4th quarter worth $26,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the fourth quarter valued at $31,000. 1 North Wealth Services LLC boosted its stake in RTX by 456.7% during the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after buying an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC acquired a new position in RTX during the first quarter worth about $31,000. Institutional investors own 86.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on RTX shares. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Jefferies Financial Group reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, July 8th. UBS Group cut their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Weiss Ratings cut RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. One investment 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 given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $211.38.

Get Our Latest Research Report on RTX

RTX Stock Performance

Shares of RTX opened at $208.97 on Friday. The company has a 50-day moving average of $186.24 and a two-hundred day moving average of $192.04. The stock has a market cap of $281.42 billion, a price-to-earnings ratio of 39.21, a PEG ratio of 2.67 and a beta of 0.30. 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 one year low of $150.61 and a one year high of $214.50.

RTX (NYSE:RTXGet Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities research analysts expect that RTX Corporation will post 6.92 earnings per share for the current year.

RTX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be issued a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s dividend payout ratio is presently 54.78%.

Key RTX News

Here are the key news stories impacting RTX this week:

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.

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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