RTX Corporation $RTX Shares Sold by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise trimmed its holdings in RTX Corporation (NYSE:RTX) by 21.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,433 shares of the company’s stock after selling 5,454 shares during the period. Banque Cantonale Vaudoise’s holdings in RTX were worth $3,564,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Navalign LLC acquired a new stake in RTX during the fourth quarter worth about $25,000. BNP Paribas acquired a new stake in RTX during the third quarter worth about $25,000. Valley Wealth Managers Inc. acquired a new stake in RTX during the third quarter worth about $30,000. Wexford Capital LP acquired a new stake in RTX during the third quarter worth about $33,000. Finally, Dogwood Wealth Management LLC increased its position in RTX by 57.3% during the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s BBN Technologies demonstrated PACE4ACE, an auto-switching system that keeps critical data flowing in jammed or fragmented battlefield networks, highlighting the company’s ability to win funded defense R&D work and expand its communications portfolio. RTX’s BBN Technologies unveils auto-switching system that keeps critical data alive
• Positive Sentiment: RTX won an ONR contract to develop multiplexing radar software, adding to recent signs that its software-defined radar efforts could support future Navy and Marine Corps systems and open more defense revenue opportunities. RTX Wins ONR Contract To Develop Multiplexing Radar Software
• Neutral Sentiment: Analyst sentiment remains constructive, with RTX Corporation receiving an average “Moderate Buy” rating from brokerages, which supports the stock but is not a new fundamental catalyst. RTX Corporation (NYSE:RTX) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Several headlines about “RTX” gaming laptops and GeForce graphics cards reference Nvidia-branded consumer products, not RTX Corporation, so they are unlikely to have a meaningful direct impact on the stock.

RTX Price Performance

Shares of RTX opened at $174.82 on Thursday. RTX Corporation has a 1-year low of $130.90 and a 1-year high of $214.50. The stock has a market cap of $235.43 billion, a PE ratio of 32.80, a P/E/G ratio of 2.47 and a beta of 0.31. The firm has a 50-day simple moving average of $189.86 and a two-hundred day simple moving average of $188.76. 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:RTX) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business 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 earned $1.47 earnings per share. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, analysts forecast that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd will be paid a $0.73 dividend. The ex-dividend date of this dividend is 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 1.7%. RTX’s payout ratio is 51.03%.

Insider Activity at RTX

In other news, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total value of $2,578,577.79. Following the completion of the transaction, the executive vice president owned 16,749 shares of the company’s stock, valued at approximately $3,397,199.67. This trade represents a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on RTX. Sanford C. Bernstein restated a “market perform” rating and set a $204.00 price objective on shares of RTX in a research report on Thursday, January 29th. DZ Bank cut shares of RTX from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. Erste Group Bank cut shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. TD Cowen reiterated a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. Finally, UBS Group dropped their price target on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $210.75.

About RTX

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.