RTX Corporation $RTX Shares Purchased by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC boosted its stake in shares of RTX Corporation (NYSE:RTXFree Report) by 101.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 14,704 shares of the company’s stock after acquiring 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 hedge funds also recently bought and sold shares of RTX. Brighton Jones LLC lifted its stake in RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after acquiring an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of RTX by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after purchasing an additional 159 shares during the last quarter. United Bank increased its position in shares of RTX by 68.0% in the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after purchasing an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. raised its holdings in shares of RTX by 3.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after purchasing an additional 623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of RTX during the 2nd quarter worth $5,157,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

Analysts Set New Price Targets

RTX has been the subject of a number of analyst reports. UBS Group lowered their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 price target on shares of RTX in a research note on Thursday, March 5th. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Citigroup reiterated a “buy” rating on shares of RTX in a report on Wednesday. Finally, Wells Fargo & Company started coverage on RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and a consensus target price of $211.38.

Get Our Latest Stock Analysis on RTX

RTX Trading Up 0.3%

NYSE RTX opened at $186.07 on Friday. The firm’s fifty day moving average price is $181.86 and its 200 day moving average price is $189.46. 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 market capitalization of $250.58 billion, a price-to-earnings ratio of 34.91, a price-to-earnings-growth ratio of 2.63 and a beta of 0.31.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings results 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 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 analysts’ expectations of $21.38 billion. During the same period in the previous year, the company earned $1.47 earnings per share. RTX’s quarterly 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, sell-side analysts expect that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd were issued a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend 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 (DPR) is presently 54.78%.

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.

Recommended Stories

Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTXFree Report).

Institutional Ownership by Quarter for RTX (NYSE:RTX)

Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.