Nuveen LLC Trims Position in RTX Corporation $RTX

Nuveen LLC trimmed its holdings in RTX Corporation (NYSE:RTX) by 6.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 7,712,560 shares of the company’s stock after selling 535,788 shares during the period. Nuveen LLC owned 0.57% of RTX worth $1,414,484,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after buying an additional 2,210,950 shares during the last quarter. Capital Research Global Investors raised its holdings in shares of RTX by 1.1% in the third quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock valued at $12,750,087,000 after buying an additional 799,155 shares during the last quarter. Fisher Asset Management LLC raised its holdings in shares of RTX by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock valued at $3,998,155,000 after buying an additional 625,994 shares during the last quarter. Norges Bank purchased a new stake in shares of RTX in the fourth quarter valued at about $3,167,626,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of RTX by 2.0% in the third quarter. Dimensional Fund Advisors LP now owns 7,642,723 shares of the company’s stock valued at $1,278,740,000 after buying an additional 147,940 shares during the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.

RTX Trading Up 3.8%

Shares of RTX stock opened at $184.15 on Friday. RTX Corporation has a 12-month low of $140.13 and a 12-month high of $214.50. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The stock has a market cap of $247.98 billion, a PE ratio of 34.55, a price-to-earnings-growth ratio of 2.51 and a beta of 0.31. The company has a 50-day moving average of $183.23 and a two-hundred day moving average of $189.03.

RTX (NYSE:RTX) last issued its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The company had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same period last year, the company posted $1.47 earnings per share. The firm’s quarterly 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, research analysts anticipate that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend was Friday, May 22nd. RTX’s dividend payout ratio is 54.78%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group raised shares of RTX from a “hold” rating to a “buy” rating and upped their target price for the company from $210.00 to $220.00 in a report on Thursday, June 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $240.00 target price on shares of RTX in a report on Thursday, March 5th. Citigroup reduced their target price on shares of RTX from $238.00 to $226.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Finally, Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $211.38.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace, an RTX business, completed a $63 million expansion of its Malaysia maintenance, repair and overhaul hub, which should boost RTX’s Asia-Pacific service capacity and cash-flow potential as airline fleets grow. RTX’s Collins Aerospace expands Malaysia MRO hub with $63M investment
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, signaling slightly better profit expectations even though the stock remains rated Hold.
• Positive Sentiment: Recent coverage around RTX’s aerospace service expansion and the Malaysia MRO buildout reinforces the case that demand for aftermarket maintenance services remains strong. RTX Malaysia MRO Expansion Adds Asia Pacific Cash Flow Potential
• Neutral Sentiment: RTX was listed among the stocks attracting heavy attention on Zacks, but that article did not add new operational or financial news by itself. RTX Corporation (RTX) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Several search and technology articles mentioning “RTX” were about Nvidia RTX graphics products, not RTX Corporation, so they are unlikely to affect the stock.

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.