TritonPoint Partners LLC purchased a new stake in shares of RTX Corporation (NYSE:RTX – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,468 shares of the company’s stock, valued at approximately $1,003,000.
A number of other institutional investors have also recently made changes to their positions in RTX. BNP Paribas purchased a new stake in shares of RTX during the third quarter valued at approximately $25,000. Navalign LLC purchased a new stake in shares of RTX during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of RTX during the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC purchased a new stake in shares of RTX during the fourth quarter valued at approximately $31,000. Finally, 1 North Wealth Services LLC grew its holdings in shares of 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 during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.
RTX Trading Down 0.0%
Shares of RTX stock opened at $183.52 on Monday. RTX Corporation has a 12-month low of $140.47 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 firm’s 50 day moving average is $183.00 and its 200 day moving average is $189.10. The stock has a market capitalization of $247.14 billion, a P/E ratio of 34.43, a P/E/G ratio of 2.60 and a beta of 0.31.
RTX Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were issued a $0.73 dividend. This is an increase from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 annualized dividend and a yield of 1.6%. The ex-dividend date was Friday, May 22nd. RTX’s dividend payout ratio is 54.78%.
Key Headlines Impacting RTX
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 Upgrades and Downgrades
A number of equities research analysts have recently commented on the stock. Morgan Stanley cut their price target on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Citigroup cut their price target on shares of RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Erste Group Bank cut shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Jefferies Financial Group upgraded shares of RTX from a “hold” rating to a “buy” rating and increased their price target for the company from $210.00 to $220.00 in a report on Thursday, June 4th. Finally, Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $211.38.
RTX Company 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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