State Street Corp lifted its position in RTX Corporation (NYSE:RTX – Free Report) by 0.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 91,884,588 shares of the company’s stock after acquiring an additional 630,558 shares during the quarter. RTX makes up about 0.6% of State Street Corp’s holdings, making the stock its 24th biggest holding. State Street Corp owned 0.07% of RTX worth $16,851,633,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in RTX. BNP Paribas purchased a new stake in shares of RTX in the 3rd quarter valued at approximately $25,000. Navalign LLC purchased a new stake in shares of RTX in the 4th quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX in the 4th quarter valued at approximately $26,000. Core Wealth Advisors LLC acquired a new position in RTX in the 4th quarter valued at approximately $31,000. Finally, Wexford Capital LP acquired a new position in RTX in the 3rd quarter valued at approximately $33,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.
RTX Stock Performance
NYSE:RTX opened at $183.52 on Friday. RTX Corporation has a 1 year low of $140.47 and a 1 year high of $214.50. The firm’s fifty day simple moving average is $183.00 and its 200 day simple moving average is $188.99. 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 firm has a market capitalization of $247.14 billion, a PE ratio of 34.43, a PEG ratio of 2.61 and a beta of 0.31.
RTX Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were issued a $0.73 dividend. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. RTX’s payout ratio is currently 54.78%.
RTX News Summary
Here are the key news stories impacting RTX this week:
- Positive Sentiment: DBS Bank upgraded RTX from “hold” to “moderate buy,” signaling improved confidence in the company’s outlook and valuation.
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, suggesting expectations for stronger earnings ahead. Source article
- Positive Sentiment: RTX’s Collins Aerospace unit is expanding its Malaysia MRO hub with a $63 million investment, which supports long-term service capacity and international growth. Source article
- Positive Sentiment: Recent commentary highlighted RTX as attractive on valuation after defense-contract focus, reinforcing the view that the stock may still have room to rerate if earnings hold up. Source article
- Neutral Sentiment: RTX remains one of the more watched names among investors, with multiple articles discussing defense spending, autonomous systems, and earnings expectations, but these are mostly sentiment and theme-driven rather than direct company-specific catalysts.
- Neutral Sentiment: Several headlines about “RTX” relate to Nvidia’s GeForce RTX graphics products and Microsoft’s AI GPU support, which are unrelated to RTX Corporation and are unlikely to affect the stock directly.
Analyst Ratings Changes
Several research firms have weighed in on RTX. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. Jefferies Financial Group upgraded shares of RTX from a “hold” rating to a “buy” rating and upped their price objective for the company from $210.00 to $220.00 in a research note on Thursday, June 4th. UBS Group dropped their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. Finally, Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $211.38.
Get Our Latest Research Report on RTX
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.
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