RTX Corporation $RTX Shares Sold by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC lowered its stake in shares of RTX Corporation (NYSE:RTX) by 10.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,653 shares of the company’s stock after selling 3,314 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in RTX were worth $5,334,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of RTX. Navalign LLC acquired a new stake in RTX in the 4th quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of RTX during the fourth quarter valued at approximately $26,000. BNP Paribas acquired a new position in shares of RTX during the third quarter valued at approximately $25,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the fourth quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC raised its stake in RTX by 456.7% in the 4th 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 during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Price Performance

Shares of RTX stock opened at $198.88 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The company has a market capitalization of $267.83 billion, a PE ratio of 37.31, a price-to-earnings-growth ratio of 2.72 and a beta of 0.30. The firm’s 50-day moving average is $180.10 and its two-hundred day moving average is $190.62. RTX Corporation has a 12 month low of $142.98 and a 12 month high of $214.50.

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

RTX Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is presently 54.78%.

Analyst Ratings Changes

A number of research analysts have weighed in on RTX shares. Citigroup restated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. UBS Group decreased their price target on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Finally, Wells Fargo & Company initiated coverage on shares of RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.38.

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.