Lombard Odier Asset Management Switzerland SA Buys 7,102 Shares of RTX Corporation $RTX

Lombard Odier Asset Management Switzerland SA increased its stake in RTX Corporation (NYSE:RTX) by 16.6% in the first quarter, Holdings Channel.com reports. The firm owned 49,845 shares of the company’s stock after purchasing an additional 7,102 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in RTX were worth $9,615,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Alpha Cubed Investments LLC lifted its position 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 purchasing an additional 50 shares in the last quarter. LeConte Wealth Management LLC lifted its position 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 buying an additional 51 shares in the last quarter. Rydar Equities Inc. boosted its stake in shares of 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 buying an additional 52 shares during the last quarter. Schulhoff & Co. Inc. grew its holdings in shares of RTX by 1.7% in the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after acquiring an additional 52 shares in the last quarter. Finally, Howard Capital Management Inc. increased its position in shares of RTX by 0.4% in the fourth quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock valued at $2,263,000 after acquiring an additional 53 shares during the last quarter. 86.50% of the stock is owned by institutional investors.

RTX Stock Up 1.9%

Shares of RTX opened at $213.09 on Friday. The stock has a fifty day moving average of $187.08 and a 200-day moving average of $192.19. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $214.89. The stock has a market capitalization of $286.97 billion, a price-to-earnings ratio of 37.52, a PEG ratio of 2.81 and a beta of 0.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01.

RTX (NYSE:RTX) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. During the same period in the previous year, the business posted $1.56 earnings per share. The business’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. As a group, sell-side analysts anticipate that RTX Corporation will post 7.1 earnings per share for the current fiscal year.

RTX Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.4%. RTX’s payout ratio is presently 51.41%.

Analysts Set New Price Targets

Several research analysts recently commented on RTX shares. Wells Fargo & Company increased their price target on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research report on Friday. Royal Bank Of Canada raised their target price on shares of RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Robert W. Baird set a $240.00 price target on shares of RTX in a research note on Friday. Finally, UBS Group restated a “neutral” rating and set a $215.00 price objective on shares of RTX in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $218.62.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX reported better-than-expected Q2 adjusted EPS of $1.89 on revenue of $24.71 billion, topping Wall Street estimates and showing 14.5% year-over-year revenue growth. RTX Beats on Q2 Earnings, Lifts Full-Year 2026 Guidance
• Positive Sentiment: The company raised full-year 2026 guidance for sales, EPS, and free cash flow, signaling management sees momentum continuing into the rest of the year. RTX Reports Q2 2026 Results
• Positive Sentiment: RTX highlighted a record $289 billion backlog and more than $5 billion in Patriot-related bookings, including its first U.S. Patriot order in over 30 years, reinforcing strong demand for missile and defense systems. QUICK SPARK: RTX Just Received Its First US Patriot Order in 30 Years
• Positive Sentiment: Several analysts turned more constructive, with RBC and Morgan Stanley pointing to stronger aerospace and defense demand, margin upside, and additional growth potential through 2027. RTX Q2 Results Beat Expectations on Strong Aerospace, Defense Demand, RBC Says
• Neutral Sentiment: Wells Fargo raised its price target on RTX, but kept an “equal weight” rating, suggesting a more balanced view despite the improved outlook.
• Negative Sentiment: Some commentary noted potential headwinds tied to geopolitical risks and execution challenges, which could limit upside if defense demand or operations soften. RTX Stock Rises After Strong Earnings but Faces Two Iran War Headwinds

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.