RTX Corporation $RTX Stock Position Lifted by Inceptionr LLC

Inceptionr LLC raised its stake in RTX Corporation (NYSE:RTXFree Report) by 90.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,447 shares of the company’s stock after buying an additional 4,022 shares during the quarter. Inceptionr LLC’s holdings in RTX were worth $1,629,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of RTX. Norges Bank acquired a new position in RTX in the 4th quarter worth about $3,167,626,000. Auto Owners Insurance Co lifted its holdings in shares of RTX by 24,730.9% during the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after buying an additional 10,062,269 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of RTX by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after buying an additional 2,210,950 shares in the last quarter. Artisan Partners Limited Partnership grew its stake in shares of RTX by 1,545.1% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock valued at $316,128,000 after buying an additional 1,618,933 shares in the last quarter. Finally, Amundi increased its holdings in RTX by 49.1% in the fourth quarter. Amundi now owns 4,402,120 shares of the company’s stock worth $807,349,000 after buying an additional 1,450,596 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Key RTX News

Here are the key news stories impacting RTX this week:

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of RTX in a research report on Wednesday, July 8th. Morgan Stanley dropped their price target on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. UBS Group decreased their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Finally, Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.38.

Check Out Our Latest Stock Report on RTX

RTX Trading Up 7.2%

NYSE:RTX opened at $208.97 on Friday. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $214.50. The firm has a market cap of $281.42 billion, a price-to-earnings ratio of 39.21, a P/E/G ratio of 2.67 and a beta of 0.30. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The company’s 50 day moving average is $186.24 and its 200-day moving average is $192.04.

RTX (NYSE:RTXGet Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. During the same period in the prior year, the firm earned $1.56 EPS. RTX’s quarterly revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities analysts anticipate that RTX Corporation will post 6.92 EPS for the current year.

RTX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is 54.78%.

About RTX

(Free Report)

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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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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