RTX Corporation $RTX Shares Bought by James Investment Research Inc.

James Investment Research Inc. boosted its stake in shares of RTX Corporation (NYSE:RTXFree Report) by 65.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,385 shares of the company’s stock after purchasing an additional 4,111 shares during the period. James Investment Research Inc.’s holdings in RTX were worth $2,003,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Tcfg Wealth Management LLC grew its stake in RTX by 6.5% during the 1st quarter. Tcfg Wealth Management LLC now owns 2,747 shares of the company’s stock valued at $530,000 after purchasing an additional 168 shares during the last quarter. IFM Investors Pty Ltd increased its holdings in shares of RTX by 6.3% in the first quarter. IFM Investors Pty Ltd now owns 134,563 shares of the company’s stock valued at $25,957,000 after purchasing an additional 7,944 shares during the period. Alley Investment Management Company LLC raised its stake in shares of RTX by 1,440.3% in the first quarter. Alley Investment Management Company LLC now owns 26,802 shares of the company’s stock worth $5,170,000 after purchasing an additional 25,062 shares during the last quarter. Mitchell Mcleod Pugh & Williams Inc. lifted its holdings in shares of RTX by 0.6% during the first quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 16,697 shares of the company’s stock worth $3,221,000 after purchasing an additional 101 shares during the period. Finally, Bayban increased its holdings in RTX by 8.5% in the 1st quarter. Bayban now owns 839 shares of the company’s stock worth $162,000 after buying an additional 66 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

Analyst Ratings Changes

A number of research firms have issued reports on RTX. Jefferies Financial Group raised shares of RTX from a “hold” rating to a “buy” rating and raised their price target for the stock from $210.00 to $220.00 in a research report on Thursday, June 4th. UBS Group cut 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. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Finally, Morgan Stanley lowered their target price on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, RTX presently has an average rating of “Moderate Buy” and a consensus price target of $211.38.

Get Our Latest Research Report on RTX

RTX Trading Up 0.8%

Shares of NYSE:RTX opened at $191.33 on Thursday. The business’s 50 day moving average price is $179.87 and its 200-day moving average price is $190.47. RTX Corporation has a 1 year low of $142.96 and a 1 year high of $214.50. The firm has a market capitalization of $257.66 billion, a price-to-earnings ratio of 35.90, a price-to-earnings-growth ratio of 2.69 and a beta of 0.30. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78.

RTX (NYSE:RTXGet Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.52 by $0.26. The company had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts forecast that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.5%. RTX’s dividend payout ratio (DPR) is currently 54.78%.

RTX Profile

(Free Report)

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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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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