Nvest Financial LLC Boosts Stock Position in RTX Corporation $RTX

Nvest Financial LLC raised its holdings in RTX Corporation (NYSE:RTX) by 51.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,761 shares of the company’s stock after purchasing an additional 8,026 shares during the period. RTX comprises approximately 1.8% of Nvest Financial LLC’s holdings, making the stock its 18th largest holding. Nvest Financial LLC’s holdings in RTX were worth $4,358,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Alpha Cubed Investments LLC increased its stake in shares of RTX by 0.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after buying an additional 50 shares during the last quarter. LeConte Wealth Management LLC grew its holdings in RTX by 2.3% during the 4th quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock worth $412,000 after acquiring an additional 51 shares in the last quarter. Rydar Equities Inc. grew its holdings in RTX by 0.4% during the 4th quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock worth $2,480,000 after acquiring an additional 52 shares in the last quarter. Howard Capital Management Inc. increased its position in shares of RTX by 0.4% in the 4th quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock worth $2,263,000 after purchasing an additional 53 shares during the last quarter. Finally, Purus Wealth Management LLC raised its stake in shares of RTX by 0.4% in the 4th quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock valued at $2,700,000 after purchasing an additional 53 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

RTX Price Performance

RTX opened at $172.87 on Thursday. The firm has a market cap of $232.80 billion, a price-to-earnings ratio of 32.43, a price-to-earnings-growth ratio of 2.47 and a beta of 0.31. RTX Corporation has a fifty-two week low of $135.43 and a fifty-two week high of $214.50. The company’s 50-day moving average price is $184.61 and its 200 day moving average price is $188.74. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48.

RTX (NYSE:RTX) last issued its earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. The company 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%.RTX’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, sell-side analysts expect that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be given a dividend of $0.73 per share. The ex-dividend date is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 1.7%. This is an increase from RTX’s previous quarterly dividend of $0.68. RTX’s payout ratio is presently 54.78%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Wolfe Research reaffirmed an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Wells Fargo & Company assumed coverage on RTX in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 target price for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. Finally, Morgan Stanley dropped their price target on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, RTX has a consensus rating of “Moderate Buy” and an average target price of $210.75.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, an RTX business, won a $515 million U.S. Navy contract for the SPY-6 family of radars, extending a major defense program and signaling continued demand for RTX’s naval systems. Article
• Positive Sentiment: Collins Aerospace opened an expanded manufacturing facility in Poland, boosting landing gear production capacity by nearly 25% and adding roughly 190 jobs, which supports RTX’s long-term aerospace production growth. Article
• Positive Sentiment: RTX has been outperforming its industry over the past six months, with analysts and Zacks pointing to contract wins, technology improvements, and rising earnings estimates as reasons investors may stay constructive on the shares. Article
• Neutral Sentiment: Coverage labeling RTX as a “strong momentum stock” may help sentiment, but it is primarily a style-score/technical note rather than a new fundamental catalyst. Article
• Neutral Sentiment: Other recent mentions around “RTX Spark” are about Nvidia and Microsoft products, not RTX Corporation, so they should have little direct impact on RTX’s stock. Article

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.