State of Wisconsin Investment Board Raises Position in RTX Corporation $RTX

State of Wisconsin Investment Board increased its holdings in RTX Corporation (NYSE:RTX) by 0.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 715,069 shares of the company’s stock after buying an additional 4,286 shares during the period. State of Wisconsin Investment Board owned 0.05% of RTX worth $131,144,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in RTX. Norges Bank purchased a new stake in shares of RTX in the fourth quarter worth $3,167,626,000. Vanguard Group Inc. raised its position in shares of RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after buying an additional 2,210,950 shares in the last quarter. Artisan Partners Limited Partnership raised its position in shares of RTX by 1,545.1% in the fourth quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock worth $316,128,000 after buying an additional 1,618,933 shares in the last quarter. Alkeon Capital Management LLC purchased a new stake in shares of RTX in the fourth quarter worth $229,250,000. Finally, California Public Employees Retirement System raised its position in shares of RTX by 27.5% in the third quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock worth $802,640,000 after buying an additional 1,034,456 shares in the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

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

A number of brokerages recently issued reports on RTX. Jefferies Financial Group upgraded RTX from a “hold” rating to a “buy” rating and increased their price objective for the stock from $210.00 to $220.00 in a research report on Thursday, June 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 target price on shares of RTX in a research note on Thursday, March 5th. Morgan Stanley reduced their target price on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. UBS Group reduced their target price on RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. Finally, Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, RTX has a consensus rating of “Moderate Buy” and an average price target of $211.38.

RTX Stock Up 1.7%

RTX opened at $186.74 on Wednesday. The stock has a market cap of $251.48 billion, a PE ratio of 35.04, a P/E/G ratio of 2.60 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 Corporation has a 52 week low of $140.47 and a 52 week high of $214.50. The business’s fifty day simple moving average is $182.56 and its 200 day simple moving average is $189.28.

RTX (NYSE:RTX) last released its earnings results on Tuesday, April 21st. The company reported $1.78 EPS 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 for the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the prior year, the firm earned $1.47 earnings per share. The firm’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. As a group, research analysts expect that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

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