Integrated Investment Consultants LLC Increases Stake in RTX Corporation $RTX

Integrated Investment Consultants LLC increased its holdings in RTX Corporation (NYSE:RTXFree Report) by 101.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,704 shares of the company’s stock after purchasing an additional 7,396 shares during the period. Integrated Investment Consultants LLC’s holdings in RTX were worth $2,697,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in RTX. Brighton Jones LLC raised its holdings in RTX by 24.3% during the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after buying an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after buying an additional 159 shares during the last quarter. United Bank raised its holdings in RTX by 68.0% during the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after buying an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. raised its holdings in 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 buying an additional 623 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in RTX during the 2nd quarter valued at $5,157,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 price target on shares of RTX in a report on Thursday, March 5th. JPMorgan Chase & Co. upped their price target on shares of RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. Royal Bank Of Canada lifted their price objective on RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Finally, Wolfe Research reiterated an “outperform” rating on shares of RTX in a research report on Wednesday, February 4th. 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 company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $210.75.

Check Out Our Latest Stock Report on RTX

RTX Price Performance

RTX stock opened at $171.11 on Monday. RTX Corporation has a 1 year low of $130.90 and a 1 year high of $214.50. The company has a market cap of $230.43 billion, a P/E ratio of 32.10, a PEG ratio of 2.43 and a beta of 0.31. The firm has a 50-day moving average of $191.79 and a 200 day moving average of $188.81. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78.

RTX (NYSE:RTXGet Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The company had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same period in the prior year, the firm earned $1.47 earnings per share. RTX’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. On average, sell-side analysts forecast that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be paid a $0.73 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This is an increase from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 dividend on an annualized basis and a yield of 1.7%. RTX’s payout ratio is currently 51.03%.

Insider Buying and Selling

In related news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the completion of the transaction, the executive vice president directly owned 59,556 shares of the company’s stock, valued at $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the transaction, the executive vice president directly owned 16,749 shares of the company’s stock, valued at approximately $3,397,199.67. The trade was a 43.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 63,592 shares of company stock valued at $13,023,502 over the last three months. Corporate insiders own 0.10% of the company’s stock.

Key RTX News

Here are the key news stories impacting RTX this week:

About RTX

(Free Report)

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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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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