Millennium Capital Advisors LLC purchased a new position in RTX Corporation (NYSE:RTX – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 8,192 shares of the company’s stock, valued at approximately $1,502,000. RTX comprises approximately 0.9% of Millennium Capital Advisors LLC’s holdings, making the stock its 25th biggest position.
Several other institutional investors also recently modified their holdings of RTX. BNP Paribas bought a new position in shares of RTX in the 3rd quarter worth about $25,000. Navalign LLC bought a new position in shares of RTX in the 4th quarter worth about $25,000. Valley Wealth Managers Inc. bought a new position in shares of RTX in the 3rd quarter worth about $30,000. Wexford Capital LP bought a new stake in RTX during the 3rd quarter valued at about $33,000. Finally, Dogwood Wealth Management LLC increased its stake in RTX by 57.3% during the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after purchasing an additional 75 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors.
RTX Stock Performance
Shares of RTX stock opened at $171.11 on Friday. The company has a 50 day moving average price of $191.79 and a 200-day moving average price of $188.74. RTX Corporation has a 52 week low of $130.90 and a 52 week high of $214.50. The firm has a market capitalization of $230.43 billion, a PE ratio of 32.10, a P/E/G ratio of 2.43 and a beta of 0.31. 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 Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd will be paid a $0.73 dividend. This is a boost from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Friday, May 22nd. RTX’s dividend payout ratio (DPR) is presently 51.03%.
Analyst Ratings Changes
RTX has been the subject of a number of analyst reports. UBS Group reduced their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Citigroup reduced their price objective on shares of RTX from $238.00 to $226.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. Weiss Ratings restated a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. JPMorgan Chase & Co. raised their price objective on shares of RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. Finally, Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $210.75.
Read Our Latest Analysis on RTX
RTX News Roundup
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX’s massive $271 billion backlog and diversified aerospace-and-defense portfolio are supporting long-term revenue visibility and order strength. Can RTX’s Massive Backlog Support Long-Term Revenue Growth?
- Positive Sentiment: RTX will get another visibility boost when Chairman and CEO Chris Calio presents at the Bernstein Strategic Decisions Conference later this month, which could help keep investor focus on execution and strategy. RTX Chairman and CEO to present at the 2026 Bernstein Strategic Decisions Conference
- Positive Sentiment: RTX remains heavily searched by investors, signaling elevated market interest ahead of upcoming catalysts and analyst commentary. Investors Heavily Search RTX Corporation (RTX): Here is What You Need to Know
- Neutral Sentiment: Analysts are sending mixed signals: at least one price target was raised to $240, but the broader debate still centers on valuation and execution risk. How The RTX (RTX) Investment Narrative Is Shifting With New Targets And Execution Questions
- Neutral Sentiment: The CEO’s conference appearance is a routine investor-relations event rather than a direct operational update, so it may have limited near-term stock impact. RTX Chairman and CEO to present at the 2026 Bernstein Strategic Decisions Conference
- Negative Sentiment: Some of the recent analyst commentary highlights execution questions and concerns that RTX’s current valuation may already reflect much of the upside, which can pressure sentiment. How The RTX (RTX) Investment Narrative Is Shifting With New Targets And Execution Questions
Insider Buying and Selling
In related news, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total value of $2,578,577.79. Following the transaction, the executive vice president owned 16,749 shares of the company’s stock, valued at approximately $3,397,199.67. This trade represents a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Ramsaran Maharajh sold 15,124 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,698,105.60. The trade was a 53.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 63,592 shares of company stock valued at $13,023,502. 0.10% of the stock is owned by insiders.
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.
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