Axxcess Wealth Management LLC Acquires 137,503 Shares of RTX Corporation $RTX

Axxcess Wealth Management LLC grew its holdings in shares of RTX Corporation (NYSE:RTX) by 249.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 192,519 shares of the company’s stock after buying an additional 137,503 shares during the period. Axxcess Wealth Management LLC’s holdings in RTX were worth $35,308,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. BNP Paribas bought a new stake in shares of RTX during the 3rd quarter valued at $25,000. Navalign LLC bought a new stake in shares of RTX during the 4th quarter valued at $25,000. Valley Wealth Managers Inc. purchased a new position in shares of RTX in the 3rd quarter worth about $30,000. Wexford Capital LP purchased a new position in shares of RTX in the 3rd quarter worth about $33,000. Finally, Dogwood Wealth Management LLC raised its position in shares of RTX by 57.3% in the 3rd 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 last quarter. Institutional investors own 86.50% of the company’s stock.

Insider Activity at RTX

In other news, EVP Dantaya M. Williams sold 12,713 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the sale, the executive vice president owned 16,749 shares of the company’s stock, valued at $3,397,199.67. This represents a 43.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.10% of the stock is owned by insiders.

Analyst Ratings Changes

RTX has been the subject of several recent analyst reports. Robert W. Baird set a $225.00 price target on RTX in a research report on Wednesday, January 28th. Wells Fargo & Company initiated coverage on RTX in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target for the company. Morgan Stanley lowered 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. UBS Group lowered their price target on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $204.00 price target on shares of RTX in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $210.75.

RTX Price Performance

NYSE RTX opened at $176.35 on Friday. The stock has a market capitalization of $237.49 billion, a price-to-earnings ratio of 33.09, a PEG ratio of 2.48 and a beta of 0.31. RTX Corporation has a 1-year low of $130.90 and a 1-year high of $214.50. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The business’s fifty day moving average price is $189.25 and its 200-day moving average price is $188.74.

RTX (NYSE:RTX) last issued its quarterly earnings data 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 company had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same quarter in the previous year, the company posted $1.47 earnings per share. RTX’s revenue 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, equities analysts predict that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders 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 dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 22nd. This is an increase from RTX’s previous quarterly dividend of $0.68. RTX’s payout ratio is currently 51.03%.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX won an Office of Naval Research contract to develop multiplexing radar software, a modest but constructive sign that its defense electronics business continues to win work. RTX Wins ONR Contract To Develop Multiplexing Radar Software
• Positive Sentiment: RTX’s BBN Technologies unveiled an Air Force-backed auto-switching system that keeps critical data flowing in jammed or disrupted environments, highlighting continued innovation in military communications and potentially supporting future contract opportunities. RTX’s BBN Technologies unveils auto-switching system that keeps critical data alive
• Positive Sentiment: Analyst commentary comparing GE Aerospace and RTX argued that RTX may have an edge thanks to strong aerospace demand, a record backlog, and a lower valuation, which can help support the stock over time. GE vs. RTX: Which Aerospace & Defense Stock has Better Prospects?
• Neutral Sentiment: Coverage asking why RTX is down since its last earnings report suggests investors are still weighing post-earnings expectations and future estimate revisions rather than reacting to a new company-specific problem. Why Is RTX (RTX) Down 3.4% Since Last Earnings Report?
• Neutral Sentiment: A separate article also revisited RTX’s post-earnings performance, reinforcing that the stock’s recent weakness appears tied to broader sentiment and valuation concerns after results rather than a single negative catalyst. Why Is RTX (RTX) Down 3.4% Since Last Earnings Report?
• Neutral Sentiment: Broader defense-industry discussion around SpaceX’s government revenue is more of a sector backdrop than a direct RTX catalyst, though it may reinforce concerns about future competition for defense spending. One-Fifth of SpaceX Revenue Comes From Uncle Sam: The Defense Contractors That Should Worry

RTX 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.