Family Manage LLC Buys 13,955 Shares of RTX Corporation $RTX

Family Manage LLC boosted its stake in shares of RTX Corporation (NYSE:RTXFree Report) by 449.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,057 shares of the company’s stock after purchasing an additional 13,955 shares during the quarter. Family Manage LLC’s holdings in RTX were worth $3,290,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Navalign LLC acquired a new stake in RTX during the fourth quarter worth about $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of RTX in the 4th quarter worth approximately $26,000. Evergreen Advisors LLC acquired a new stake in shares of RTX during the 1st quarter worth approximately $31,000. Core Wealth Advisors LLC bought a new stake in shares of RTX during the fourth quarter valued at approximately $31,000. Finally, 1 North Wealth Services LLC raised its stake in shares of RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares in the last quarter. Institutional investors own 86.50% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

RTX Stock Up 0.1%

NYSE RTX opened at $213.09 on Monday. The stock’s 50 day simple moving average is $187.08 and its 200 day simple moving average is $192.22. RTX Corporation has a one year low of $150.61 and a one year high of $214.89. The firm has a market cap of $287.20 billion, a PE ratio of 37.52, a price-to-earnings-growth ratio of 2.84 and a beta of 0.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78.

RTX (NYSE:RTXGet Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, sell-side analysts forecast that RTX Corporation will post 7.1 earnings per share for the current fiscal year.

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be paid a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s dividend payout ratio (DPR) is 51.41%.

Wall Street Analyst Weigh In

RTX has been the subject of several research reports. Susquehanna raised their target price on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research report on Friday. Citigroup restated a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. UBS Group reiterated a “neutral” rating and set a $215.00 target price on shares of RTX in a research report on Friday. Robert W. Baird set a $240.00 target price on shares of RTX in a research note on Friday. Finally, Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $220.50.

View Our Latest Analysis on RTX

RTX Profile

(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.

Further Reading

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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