RTX Corporation $RTX Shares Acquired by Clark Capital Management Group Inc.

Clark Capital Management Group Inc. lifted its position in shares of RTX Corporation (NYSE:RTX) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 516,102 shares of the company’s stock after buying an additional 3,650 shares during the period. Clark Capital Management Group Inc.’s holdings in RTX were worth $94,653,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Alpha Cubed Investments LLC increased its holdings in shares of RTX by 0.3% during the 4th quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after buying an additional 50 shares during the last quarter. LeConte Wealth Management LLC increased its holdings in shares of RTX by 2.3% during the 4th quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock worth $412,000 after buying an additional 51 shares during the last quarter. Rydar Equities Inc. increased its holdings in shares of RTX by 0.4% during the 4th quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock worth $2,480,000 after buying an additional 52 shares during the last quarter. Schulhoff & Co. Inc. increased its holdings in shares of RTX by 1.7% during the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock worth $585,000 after buying an additional 52 shares during the last quarter. Finally, Howard Capital Management Inc. increased its holdings in shares of RTX by 0.4% during the 4th quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock worth $2,263,000 after buying an additional 53 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Stock Up 1.7%

Shares of NYSE RTX opened at $186.74 on Wednesday. RTX Corporation has a 12-month low of $140.47 and a 12-month high of $214.50. The company has a market cap of $251.48 billion, a P/E ratio of 35.04, a P/E/G ratio of 2.60 and a beta of 0.31. 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 moving average price of $182.56 and a 200 day moving average price of $189.28.

RTX (NYSE:RTX) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.26. The firm had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts anticipate that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, May 22nd. This is an increase from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio is currently 54.78%.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX said it will invest $100 million in its Raytheon Rhode Island facility, a move that signals continued capital spending and support for long-term defense production capacity. RTX to Invest $100 Million in Raytheon Rhode Island Facility
• Positive Sentiment: Zacks highlighted RTX’s growth opportunities in advanced aircraft interiors, noting airlines are investing in cabin modernization, connectivity, and passenger experience upgrades, which could support demand in RTX’s Collins Aerospace business. How Is RTX Strengthening Growth via Advanced Aircraft Interiors?
• Positive Sentiment: RTX’s recent earnings beat and revenue outperformance continue to support investor confidence, with the company also reaffirming a strong outlook and FY 2026 guidance. RTX Stock Overview
• Neutral Sentiment: RTX’s shares also appear to be benefiting from broader market resilience, as the stock advanced even while the overall market was weaker. RTX Gains As Market Dips: What You Should Know
• Neutral Sentiment: Several headlines about “RTX” referenced Nvidia RTX graphics products and AI PCs, but these are not related to RTX Corporation and should not materially affect the stock. Intel x86 processors with GeForce RTX graphics are reportedly coming in 2028

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Citigroup lowered their price target on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Wells Fargo & Company assumed coverage on RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target for the company. Jefferies Financial Group upgraded RTX from a “hold” rating to a “buy” rating and increased their price target for the company from $210.00 to $220.00 in a report on Thursday, June 4th. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Finally, Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One 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 given a Sell rating to the company’s stock. According to data from MarketBeat, RTX has an average rating of “Moderate Buy” and an average target price of $211.38.

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.