RTX Corporation $RTX Shares Acquired by Invesco Ltd.

Invesco Ltd. increased its holdings in shares of RTX Corporation (NYSE:RTX) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,134,677 shares of the company’s stock after acquiring an additional 48,070 shares during the period. Invesco Ltd. owned approximately 0.68% of RTX worth $1,675,300,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new position in RTX during the fourth quarter worth about $3,167,626,000. Vanguard Group Inc. raised its holdings in RTX by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after purchasing an additional 2,210,950 shares during the last quarter. Artisan Partners Limited Partnership boosted its position in RTX by 1,545.1% during the fourth quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock worth $316,128,000 after purchasing an additional 1,618,933 shares in the last quarter. Amundi increased its position in shares of RTX by 49.1% in the fourth quarter. Amundi now owns 4,402,120 shares of the company’s stock valued at $807,349,000 after buying an additional 1,450,596 shares in the last quarter. Finally, Alkeon Capital Management LLC acquired a new position in shares of RTX during the 4th quarter worth $229,250,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on RTX shares. Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. Jefferies Financial Group upgraded shares of RTX from a “hold” rating to a “buy” rating and lifted their price target for the stock from $210.00 to $220.00 in a report on Thursday, June 4th. Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Finally, Morgan Stanley dropped their target price on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. One research 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 given a Sell rating to the company. According to data from MarketBeat.com, RTX currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.38.

RTX Stock Performance

NYSE:RTX opened at $186.07 on Friday. The firm’s fifty day simple moving average is $182.21 and its 200 day simple moving average is $189.49. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. RTX Corporation has a twelve month low of $140.47 and a twelve month high of $214.50. The firm has a market capitalization of $250.58 billion, a price-to-earnings ratio of 34.91, a PEG ratio of 2.73 and a beta of 0.31.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The business had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. During the same period last year, the business posted $1.47 EPS. The company’s revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, equities research analysts expect that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were paid a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. This is a positive change from RTX’s previous quarterly dividend of $0.68. The ex-dividend date was Friday, May 22nd. RTX’s payout ratio is presently 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.