Korea Investment CORP Boosts Holdings in RTX Corporation $RTX

Korea Investment CORP raised its holdings in shares of RTX Corporation (NYSE:RTX) by 5.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,006,050 shares of the company’s stock after purchasing an additional 54,951 shares during the period. Korea Investment CORP’s holdings in RTX were worth $184,510,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Banco Santander S.A. increased its holdings in RTX by 6.6% during the 4th quarter. Banco Santander S.A. now owns 22,450 shares of the company’s stock valued at $4,117,000 after acquiring an additional 1,381 shares in the last quarter. Gator Capital Management LLC purchased a new position in RTX during the 4th quarter valued at about $2,513,000. Wealthspire Advisors LLC increased its holdings in RTX by 51.7% during the 4th quarter. Wealthspire Advisors LLC now owns 25,306 shares of the company’s stock valued at $4,641,000 after acquiring an additional 8,629 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management increased its holdings in RTX by 0.8% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 7,594 shares of the company’s stock valued at $1,393,000 after acquiring an additional 61 shares in the last quarter. Finally, Summit Financial LLC increased its holdings in RTX by 3.9% during the 4th quarter. Summit Financial LLC now owns 37,656 shares of the company’s stock valued at $6,906,000 after acquiring an additional 1,422 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about 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.

Analyst Ratings Changes

Several research firms have weighed in on RTX. Weiss Ratings downgraded shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Morgan Stanley dropped their target price on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. UBS Group dropped their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Citigroup lowered their price target on shares of RTX from $238.00 to $226.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Finally, Jefferies Financial Group upgraded shares of RTX from a “hold” rating to a “buy” rating and lifted their price target for the stock from $210.00 to $220.00 in a report on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and an average price target of $211.38.

RTX Stock Performance

Shares of NYSE RTX opened at $183.52 on Friday. The company has a market cap of $247.14 billion, a PE ratio of 34.43, a price-to-earnings-growth ratio of 2.61 and a beta of 0.31. RTX Corporation has a 12 month low of $140.47 and a 12 month high of $214.50. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The company has a 50-day simple moving average of $183.00 and a 200-day simple moving average of $188.99.

RTX (NYSE:RTX) last released its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same period in the previous year, the firm earned $1.47 earnings per share. RTX’s revenue was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts anticipate 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. The ex-dividend date was Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. RTX’s payout ratio is presently 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.