National Pension Service Sells 46,745 Shares of RTX Corporation $RTX

National Pension Service reduced its holdings in shares of RTX Corporation (NYSE:RTX) by 1.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,761,539 shares of the company’s stock after selling 46,745 shares during the quarter. National Pension Service owned approximately 0.21% of RTX worth $506,466,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in RTX. Vanguard Group Inc. boosted its stake 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 worth $22,922,464,000 after acquiring an additional 2,210,950 shares during the period. California Public Employees Retirement System boosted its stake in shares of RTX by 27.5% during the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock worth $802,640,000 after acquiring an additional 1,034,456 shares during the period. Groupama Asset Managment bought a new position in shares of RTX during the 3rd quarter worth approximately $150,078,000. Legal & General Group Plc boosted its stake in shares of RTX by 13.4% during the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock worth $1,199,338,000 after acquiring an additional 846,656 shares during the period. Finally, Capital Research Global Investors boosted its stake in shares of RTX by 1.1% during the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock worth $12,750,087,000 after acquiring an additional 799,155 shares during the period. 86.50% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on RTX shares. Wolfe Research reiterated an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Citigroup reduced their target price on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $204.00 target price on shares of RTX in a research note on Thursday, January 29th. One equities 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $210.75.

RTX Stock Performance

RTX opened at $178.91 on Friday. The business has a fifty day simple moving average of $186.54 and a 200 day simple moving average of $188.81. The company has a market capitalization of $240.93 billion, a PE ratio of 33.57, a price-to-earnings-growth ratio of 2.50 and a beta of 0.31. RTX Corporation has a 1 year low of $131.90 and a 1 year high of $214.50. 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 released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.26. The business had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts expect that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be paid a $0.73 dividend. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 1.6%. RTX’s dividend payout ratio is presently 54.78%.

RTX 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.