Hsbc Holdings PLC Raises Holdings in RTX Corporation $RTX

Hsbc Holdings PLC grew its holdings in RTX Corporation (NYSE:RTX) by 3.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,341,915 shares of the company’s stock after buying an additional 74,381 shares during the quarter. Hsbc Holdings PLC’s holdings in RTX were worth $429,526,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Alpha Cubed Investments LLC raised its position in RTX by 0.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after acquiring an additional 50 shares in the last quarter. LeConte Wealth Management LLC boosted its position 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 purchasing an additional 51 shares in the last quarter. Rydar Equities Inc. boosted its position 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 purchasing an additional 52 shares in the last quarter. Schulhoff & Co. Inc. grew its stake 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 purchasing an additional 52 shares during the period. Finally, Howard Capital Management Inc. grew its stake 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 purchasing an additional 53 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Analysts and market commentary highlighted RTX as a possible beneficiary of surging European defense spending, reinforcing the company’s role as a major aerospace and defense supplier. How to Invest in the Biggest European Defense Surge in Decades (RTX)
• Positive Sentiment: A separate defense-industry piece warned that the U.S. needs more munitions and that deliveries are years behind, which could support long-term demand for RTX’s defense and missile-related businesses. U.S. Military Expert Issues Grave Warning: ‘We Need More Munitions and Deliveries Are Years Behind.’ What Stocks Can Benefit?
• Positive Sentiment: Technical and valuation-focused coverage suggested RTX has established a new price floor and may be undervalued, which can encourage buying interest. RTX (RTX) Stock Could Be 13.2% Undervalued After Revenue Hit US$90.4b
• Neutral Sentiment: Several articles referenced NVIDIA’s RTX branding, high-end GPUs, or consumer laptop pricing, but these appear unrelated to RTX Corporation’s defense/aerospace operations and are unlikely to materially affect the stock.
• Negative Sentiment: Recent trading-session coverage noted RTX shares slipped in the prior session, showing some near-term volatility despite the broader defense backdrop. RTX (RTX) Stock Declines While Market Improves: Some Information for Investors

RTX Stock Up 0.3%

Shares of NYSE RTX opened at $186.07 on Friday. The firm has a market cap of $250.58 billion, a P/E ratio of 34.91, a price-to-earnings-growth ratio of 2.63 and a beta of 0.31. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. RTX Corporation has a 1 year low of $140.47 and a 1 year high of $214.50. The firm’s 50 day moving average price is $181.86 and its 200 day moving average price is $189.46.

RTX (NYSE:RTX) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company 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 posted $1.47 EPS. RTX’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, sell-side analysts anticipate that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

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

Analysts Set New Price Targets

Several analysts recently commented on RTX shares. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Citigroup restated a “buy” rating on shares of RTX in a research report on Wednesday. Weiss Ratings cut shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 price target on shares of RTX in a research report on Thursday, March 5th. Finally, Wells Fargo & Company started coverage on RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.