RTX Corporation $RTX Shares Sold by Klingenstein Fields & Co. LP

Klingenstein Fields & Co. LP lessened its stake in RTX Corporation (NYSE:RTX) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 318,260 shares of the company’s stock after selling 3,967 shares during the quarter. RTX comprises about 2.2% of Klingenstein Fields & Co. LP’s holdings, making the stock its 17th largest holding. Klingenstein Fields & Co. LP’s holdings in RTX were worth $58,369,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RTX. BNP Paribas acquired a new stake in RTX during the third quarter worth $25,000. Navalign LLC acquired a new stake in RTX during the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC acquired a new stake in RTX during the fourth quarter worth $26,000. Core Wealth Advisors LLC acquired a new stake in RTX during the fourth quarter worth $31,000. Finally, Wexford Capital LP acquired a new stake in RTX during the third quarter worth $33,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on RTX. Melius Research raised RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. UBS Group dropped their price objective on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $211.38.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: DBS Bank upgraded RTX from “hold” to “moderate buy,” signaling improved confidence in the company’s outlook and valuation.
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, suggesting expectations for stronger earnings ahead. Source article
• Positive Sentiment: RTX’s Collins Aerospace unit is expanding its Malaysia MRO hub with a $63 million investment, which supports long-term service capacity and international growth. Source article
• Positive Sentiment: Recent commentary highlighted RTX as attractive on valuation after defense-contract focus, reinforcing the view that the stock may still have room to rerate if earnings hold up. Source article
• Neutral Sentiment: RTX remains one of the more watched names among investors, with multiple articles discussing defense spending, autonomous systems, and earnings expectations, but these are mostly sentiment and theme-driven rather than direct company-specific catalysts.
• Neutral Sentiment: Several headlines about “RTX” relate to Nvidia’s GeForce RTX graphics products and Microsoft’s AI GPU support, which are unrelated to RTX Corporation and are unlikely to affect the stock directly.

RTX Trading Down 0.4%

Shares of NYSE RTX opened at $183.52 on Friday. RTX Corporation has a twelve month low of $140.47 and a twelve month high of $214.50. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The stock has a fifty day simple moving average of $183.00 and a 200-day simple moving average of $188.99. The stock has a market capitalization of $247.14 billion, a PE ratio of 34.43, a PEG ratio of 2.61 and a beta of 0.31.

RTX (NYSE:RTX) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates 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 previous year, the firm posted $1.47 earnings per share. The company’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, equities analysts forecast that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date was Friday, May 22nd. RTX’s dividend payout ratio (DPR) is 54.78%.

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.