Swiss National Bank Buys 266,800 Shares of RTX Corporation $RTX

Swiss National Bank increased its stake in shares of RTX Corporation (NYSE:RTX) by 7.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,934,881 shares of the company’s stock after buying an additional 266,800 shares during the period. Swiss National Bank’s holdings in RTX were worth $759,039,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in RTX. Vanguard Group Inc. grew its position in shares of RTX by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after acquiring an additional 2,210,950 shares during the period. State Street Corp raised its holdings in shares of RTX by 0.7% in the 4th quarter. State Street Corp now owns 91,884,588 shares of the company’s stock worth $16,851,633,000 after purchasing an additional 630,558 shares during the period. Morgan Stanley raised its holdings in shares of RTX by 0.4% in the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock worth $5,462,310,000 after purchasing an additional 105,069 shares during the period. Fisher Asset Management LLC lifted its stake in 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 purchasing an additional 625,994 shares during the last quarter. Finally, Norges Bank purchased a new position in RTX in the fourth quarter valued at approximately $3,167,626,000. Institutional investors own 86.50% of the company’s stock.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon unit is expanding its footprint in fighter aircraft programs by supplying advanced avionics, sensors, electronic warfare systems and precision weapons, reinforcing its role in key U.S. defense platforms. Article Title
• Positive Sentiment: RTX’s Pratt & Whitney unit is advancing AI-enabled engine inspection capabilities through a deal with Aiir Innovations, which could improve maintenance efficiency and support higher-margin aftermarket services. Article Title
• Positive Sentiment: Investors are also looking ahead to RTX’s upcoming earnings report, with Wall Street expecting earnings growth and the possibility of another beat, which can support sentiment into the print. Article Title
• Neutral Sentiment: Recent reports about NVIDIA’s GeForce RTX gaming GPUs, including launch delays, hotspot temperature issues and SEGA collaborations, do not appear to be material drivers for RTX Corporation’s stock and are likely to be a naming coincidence.

RTX Stock Down 0.4%

RTX opened at $193.66 on Friday. RTX Corporation has a 12 month low of $143.56 and a 12 month high of $214.50. The company has a market cap of $260.80 billion, a PE ratio of 36.33, a price-to-earnings-growth ratio of 2.65 and a beta of 0.30. 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 company has a 50 day moving average of $184.63 and a 200 day moving average of $191.62.

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. The business had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, sell-side analysts expect that RTX Corporation will post 6.92 EPS for the current year.

RTX Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts have issued reports on RTX shares. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Wells Fargo & Company assumed coverage on RTX in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price target on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of RTX in a research note on Wednesday, July 8th. Morgan Stanley decreased their price objective on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Finally, Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus 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.