Focus Partners Advisor Solutions LLC Trims Stock Holdings in RTX Corporation $RTX

Focus Partners Advisor Solutions LLC trimmed its position in RTX Corporation (NYSE:RTX) by 10.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 29,957 shares of the company’s stock after selling 3,471 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in RTX were worth $5,494,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RTX. Norges Bank purchased a new stake in RTX in the fourth quarter worth $3,167,626,000. Vanguard Group Inc. boosted its holdings in RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after acquiring an additional 2,210,950 shares in the last quarter. California Public Employees Retirement System boosted its holdings in RTX by 27.5% in the third quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock worth $802,640,000 after acquiring an additional 1,034,456 shares in the last quarter. Groupama Asset Managment bought a new stake in RTX in the third quarter worth $150,078,000. Finally, Legal & General Group Plc boosted its holdings in RTX by 13.4% in the third quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock worth $1,199,338,000 after acquiring an additional 846,656 shares in the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.

RTX Stock Up 1.6%

RTX stock opened at $181.54 on Wednesday. The stock has a market cap of $244.48 billion, a PE ratio of 34.06, a price-to-earnings-growth ratio of 2.53 and a beta of 0.31. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. RTX Corporation has a one year low of $135.43 and a one year high of $214.50. The stock has a fifty day moving average of $183.59 and a 200 day moving average of $188.89.

RTX (NYSE:RTX) last issued its quarterly 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 during 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 quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, sell-side analysts predict that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

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

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Jefferies upgraded RTX to Buy from Hold and raised its price target to $220, citing improving profit margins and growth prospects. Jefferies Upgrades RTX Corporation (RTX) To Buy From Hold
• Positive Sentiment: RTX’s Raytheon unit is investing $100 million to expand missile-defense production and radar-testing capacity in Rhode Island, a sign of strong demand for LTAMDS and Patriot components. RTX invests $100 million to accelerate radar testing and interceptor production in Rhode Island
• Positive Sentiment: Collins Aerospace, an RTX business, expanded its Malaysia MRO facility with a $63 million investment, quadrupling footprint to meet growing commercial aviation maintenance demand. RTX’s Collins Aerospace quadruples MRO footprint in Malaysia
• Positive Sentiment: RTX also won a roughly $1.02 billion air-defense contract for NASAMS fire units, adding long-term revenue visibility for the defense segment. RTX Wins A Billion-Dollar Air Defense Contract With Long-Term Visibility
• Neutral Sentiment: Recent headlines about U.S. strikes against Iran may keep defense stocks like RTX in focus, but the direct impact on RTX’s fundamentals is not yet clear. U.S. Launches Retaliatory Strikes Against Iran — Defense Stocks, ETFs On Watch
• Neutral Sentiment: RTX shares also recently slipped on a broader market basis, even as the company’s defense backlog and expansion plans remained intact. RTX (RTX) Stock Declines While Market Improves: Some Information for Investors

Analysts Set New Price Targets

RTX has been the topic of several analyst reports. Citigroup dropped their target price on RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 target price on shares of RTX in a report on Thursday, March 5th. UBS Group dropped their target price on RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. Finally, Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $211.38.

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.