Russell Investments Group Ltd. Increases Position in RTX Corporation $RTX

Russell Investments Group Ltd. grew its holdings in shares of RTX Corporation (NYSE:RTX) by 4.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 893,455 shares of the company’s stock after buying an additional 38,920 shares during the period. Russell Investments Group Ltd.’s holdings in RTX were worth $163,875,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of RTX. Navalign LLC purchased a new position in RTX during the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of RTX during the fourth quarter worth approximately $26,000. BNP Paribas bought a new stake in shares of RTX in the 3rd quarter valued at about $25,000. Core Wealth Advisors LLC bought a new position in RTX in the fourth quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC raised its position in shares of RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after acquiring an additional 137 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX said it will invest $100 million in its Raytheon Rhode Island facility, a move that signals continued capital spending and support for long-term defense production capacity. RTX to Invest $100 Million in Raytheon Rhode Island Facility
• Positive Sentiment: Zacks highlighted RTX’s growth opportunities in advanced aircraft interiors, noting airlines are investing in cabin modernization, connectivity, and passenger experience upgrades, which could support demand in RTX’s Collins Aerospace business. How Is RTX Strengthening Growth via Advanced Aircraft Interiors?
• Positive Sentiment: RTX’s recent earnings beat and revenue outperformance continue to support investor confidence, with the company also reaffirming a strong outlook and FY 2026 guidance. RTX Stock Overview
• Neutral Sentiment: RTX’s shares also appear to be benefiting from broader market resilience, as the stock advanced even while the overall market was weaker. RTX Gains As Market Dips: What You Should Know
• Neutral Sentiment: Several headlines about “RTX” referenced Nvidia RTX graphics products and AI PCs, but these are not related to RTX Corporation and should not materially affect the stock. Intel x86 processors with GeForce RTX graphics are reportedly coming in 2028

RTX Trading Up 1.7%

Shares of NYSE:RTX opened at $186.74 on Wednesday. RTX Corporation has a 52-week low of $140.47 and a 52-week high of $214.50. The stock has a market cap of $251.48 billion, a price-to-earnings ratio of 35.04, a PEG ratio of 2.60 and a beta of 0.31. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The business has a 50-day moving average price of $182.56 and a 200-day moving average price of $189.28.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share (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 firm had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same period last year, the business posted $1.47 earnings per share. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts predict that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd were paid a $0.73 dividend. The ex-dividend date was Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. RTX’s dividend payout ratio (DPR) is 54.78%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on RTX. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Citigroup lowered their price target on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Morgan Stanley lowered their price target on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.