Navigation Group LLC Acquires New Shares in RTX Corporation $RTX

Navigation Group LLC bought a new stake in RTX Corporation (NYSE:RTX) during the first quarter, Holdings Channel reports. The institutional investor bought 3,440 shares of the company’s stock, valued at approximately $664,000.

Several other hedge funds also recently bought and sold shares of RTX. Vanguard Group Inc. lifted its holdings in shares of RTX by 1.8% during 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 during the last quarter. State Street Corp increased its holdings in RTX by 0.7% in the fourth quarter. State Street Corp now owns 91,884,588 shares of the company’s stock worth $16,851,633,000 after buying an additional 630,558 shares during the last quarter. Morgan Stanley raised its position in RTX by 0.4% during the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock valued at $5,462,310,000 after acquiring an additional 105,069 shares in the last quarter. Fisher Asset Management LLC raised its position in RTX by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock valued at $3,998,155,000 after acquiring an additional 625,994 shares in the last quarter. Finally, Norges Bank acquired a new stake in RTX in the fourth quarter valued at approximately $3,167,626,000. 86.50% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on RTX shares. Jefferies Financial Group reissued a “buy” rating on shares of RTX in a research report on Wednesday, July 8th. Citigroup reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. UBS Group lowered their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Finally, Morgan Stanley cut their target price on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. One 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $211.38.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon completed a key technical milestone for the U.S. Army’s NGSRI program, demonstrating range, accuracy, and lethality in a live system test. That supports RTX’s defense backlog and reinforces its position in missile-defense systems. RTX’s Raytheon completes key milestone for US Army’s Next Generation Short Range Interceptor
• Positive Sentiment: Pratt & Whitney acquired Aiir Innovations to expand AI-powered engine inspections, which could improve maintenance efficiency and strengthen RTX’s global MRO operations across commercial and military engines. RTX’s Pratt & Whitney advances engine inspections with AI-powered technology
• Positive Sentiment: Analyst coverage highlighted RTX’s growing exposure to electronic warfare, with advanced jamming, sensing, and mission systems benefiting from rising global defense spending. Is RTX Strengthening Its Position in the Electronic Warfare Market?
• Neutral Sentiment: RTX was also covered in a market recap noting the stock had fallen in the prior session, which reflects short-term trading pressure rather than a company-specific setback. RTX Stock Falls Amid Market Uptick: What Investors Need to Know

RTX Stock Up 1.3%

Shares of RTX stock opened at $195.84 on Thursday. RTX Corporation has a 12-month low of $143.56 and a 12-month high of $214.50. 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 stock has a 50 day moving average price of $183.93 and a two-hundred day moving average price of $191.54. The stock has a market capitalization of $263.73 billion, a P/E ratio of 36.74, a PEG ratio of 2.65 and a beta of 0.30.

RTX (NYSE:RTX) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. The company had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts expect that RTX Corporation will post 6.92 earnings per share for the current year.

RTX Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued 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 (DPR) is 54.78%.

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.