Zions Bancorporation National Association UT increased its stake in RTX Corporation (NYSE:RTX – Free Report) by 9.8% in the fourth quarter, Holdings Channel reports. The firm owned 39,460 shares of the company’s stock after purchasing an additional 3,506 shares during the period. Zions Bancorporation National Association UT’s holdings in RTX were worth $7,237,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently bought and sold shares of RTX. J.Safra Asset Management Corp acquired a new stake in RTX during the 4th quarter valued at approximately $101,000. GWN Securities Inc. lifted its stake in RTX by 2.4% during the 4th quarter. GWN Securities Inc. now owns 6,043 shares of the company’s stock valued at $1,108,000 after acquiring an additional 139 shares during the period. Paragon Private Wealth Management LLC lifted its stake in RTX by 20.9% during the 4th quarter. Paragon Private Wealth Management LLC now owns 1,866 shares of the company’s stock valued at $342,000 after acquiring an additional 322 shares during the period. First Dallas Securities Inc. lifted its stake in RTX by 28.4% during the 4th quarter. First Dallas Securities Inc. now owns 3,309 shares of the company’s stock valued at $607,000 after acquiring an additional 731 shares during the period. Finally, Portfolio Design Labs LLC lifted its stake in RTX by 1.3% during the 4th quarter. Portfolio Design Labs LLC now owns 23,615 shares of the company’s stock valued at $4,331,000 after acquiring an additional 307 shares during the period. 86.50% of the stock is currently owned by institutional investors and hedge funds.
RTX News Summary
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Jefferies recently upgraded RTX to Buy from Hold and raised its price target to $220, citing improving margins and growth prospects. That kind of analyst action can boost investor confidence in the stock. Jefferies Upgrades RTX Corporation (RTX) To Buy From Hold
- Positive Sentiment: Erste Group Bank nudged up its FY2026 and FY2027 EPS estimates for RTX, indicating slightly stronger earnings expectations than before. Higher profit forecasts can help support the stock, especially with consensus already looking for solid earnings growth. RTX analyst estimate updates
- Positive Sentiment: RTX’s Collins Aerospace unit completed a $63 million expansion of its Malaysia MRO facility, quadrupling its regional footprint and positioning the site as a major Asia-Pacific maintenance hub. Investors may view this as a positive signal for future service revenue and international growth. RTX Malaysia MRO Expansion Adds Asia Pacific Cash Flow Potential
- Positive Sentiment: RTX is also expanding missile-defense production and testing capacity, which suggests ongoing demand in its defense business and supports the longer-term revenue outlook. How Is RTX Expanding Missile Defense Production Capacity for Growth?
- Neutral Sentiment: Several headlines mentioning “RTX” actually refer to Nvidia’s GeForce RTX gaming products and AI chips, which are unrelated to RTX Corporation and likely have little direct impact on the stock.
- Negative Sentiment: The stock remains below key moving averages and is trading well off its 52-week high, suggesting the market is still cautious despite the positive news flow. This can help explain why the shares are not responding more strongly.
Wall Street Analyst Weigh In
View Our Latest Stock Report on RTX
RTX Price Performance
RTX stock opened at $177.50 on Thursday. The company’s fifty day moving average price is $183.40 and its 200 day moving average price is $188.93. RTX Corporation has a 1 year low of $135.43 and a 1 year high of $214.50. The stock has a market capitalization of $239.04 billion, a P/E ratio of 33.30, a P/E/G ratio of 2.57 and a beta of 0.31. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02.
RTX (NYSE:RTX – Get Free Report) last released its quarterly 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. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter last year, the company earned $1.47 EPS. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, equities research analysts anticipate that RTX Corporation will post 6.91 earnings per share for the current fiscal year.
RTX Increases Dividend
The business 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. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. This is an increase from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio is 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.
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