Arcus Capital Partners LLC Lowers Holdings in RTX Corporation $RTX

Arcus Capital Partners LLC decreased its position in RTX Corporation (NYSE:RTX) by 76.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,815 shares of the company’s stock after selling 6,014 shares during the period. Arcus Capital Partners LLC’s holdings in RTX were worth $350,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after buying an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after acquiring an additional 159 shares during the period. United Bank boosted its position in RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after purchasing an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in shares of RTX by 3.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after purchasing an additional 623 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of RTX during the 2nd quarter valued at about $5,157,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

RTX Stock Down 0.4%

Shares of NYSE:RTX opened at $193.66 on Friday. The business’s 50 day moving average is $184.63 and its 200 day moving average is $191.62. The stock has a market cap of $260.80 billion, a P/E ratio of 36.33, a price-to-earnings-growth ratio of 2.66 and a beta of 0.30. RTX Corporation has a 52-week low of $143.56 and a 52-week 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.

RTX (NYSE:RTX) last issued its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $21.38 billion. During the same period in the prior year, the business earned $1.47 EPS. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Sell-side analysts predict that RTX Corporation will post 6.92 EPS for the current year.

RTX Dividend Announcement

The firm 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. 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%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Morgan Stanley lowered their price objective on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Wells Fargo & Company initiated coverage on shares of RTX in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price objective on the stock. 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 note on Wednesday, April 22nd. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Finally, Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $211.38.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon unit is expanding its footprint in fighter aircraft programs by supplying advanced avionics, sensors, electronic warfare systems and precision weapons, reinforcing its role in key U.S. defense platforms. Article Title
• Positive Sentiment: RTX’s Pratt & Whitney unit is advancing AI-enabled engine inspection capabilities through a deal with Aiir Innovations, which could improve maintenance efficiency and support higher-margin aftermarket services. Article Title
• Positive Sentiment: Investors are also looking ahead to RTX’s upcoming earnings report, with Wall Street expecting earnings growth and the possibility of another beat, which can support sentiment into the print. Article Title
• Neutral Sentiment: Recent reports about NVIDIA’s GeForce RTX gaming GPUs, including launch delays, hotspot temperature issues and SEGA collaborations, do not appear to be material drivers for RTX Corporation’s stock and are likely to be a naming coincidence.

RTX Company 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.