MSH Capital Advisors LLC boosted its position in RTX Corporation (NYSE:RTX – Free Report) by 76.3% during the 4th quarter, Holdings Channel reports. The fund owned 11,956 shares of the company’s stock after acquiring an additional 5,175 shares during the quarter. MSH Capital Advisors LLC’s holdings in RTX were worth $2,193,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Navalign LLC acquired a new stake in RTX in the fourth quarter valued at approximately $25,000. BNP Paribas acquired a new stake in RTX in the third quarter valued at approximately $25,000. Valley Wealth Managers Inc. acquired a new stake in RTX in the third quarter valued at approximately $30,000. Wexford Capital LP acquired a new stake in RTX in the third quarter valued at approximately $33,000. Finally, Dogwood Wealth Management LLC raised its holdings in RTX by 57.3% in the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.
RTX News Roundup
Here are the key news stories impacting RTX this week:
- Positive Sentiment: A bullish note on RTX said the stock could have about 14% upside to $201.85, supported by a $271 billion backlog, strong Q1 organic growth, and efficient cash flow generation. RTX Corporation: A Dual Cycle Profile In Play
- Positive Sentiment: Analyst coverage comparing AeroVironment and RTX reiterated RTX’s appeal as militaries increase spending on missile defense, autonomous systems, and integrated targeting technologies. AeroVironment vs. RTX: Which Aerospace-Defense Stock Has the Edge?
- Positive Sentiment: The same aerospace-defense comparison article was republished by Zacks, adding visibility to RTX’s defense-growth narrative. AeroVironment vs. RTX: Which Aerospace-Defense Stock Has the Edge?
- Neutral Sentiment: Several consumer tech stories referenced “RTX” in Nvidia GPU product names, but they are unrelated to RTX Corporation and should not materially affect the stock.
- Negative Sentiment: No clear company-specific negative catalyst appeared in the latest headlines; however, the stock remains well below its 50-day and 200-day moving averages, suggesting traders may still view the recent pullback cautiously.
Wall Street Analysts Forecast Growth
Get Our Latest Research Report on RTX
RTX Trading Up 0.0%
NYSE:RTX opened at $177.06 on Tuesday. The company has a market capitalization of $238.45 billion, a PE ratio of 33.22, a price-to-earnings-growth ratio of 2.51 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 $130.90 and a 52-week high of $214.50. The stock has a fifty day simple moving average of $188.13 and a 200-day simple moving average of $188.75.
RTX (NYSE:RTX – Get Free Report) last announced its 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 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 quarter in the previous year, the company posted $1.47 EPS. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research 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 will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio is presently 51.03%.
RTX Company Profile
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
- Five stocks we like better than RTX
- SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns
- Microsoft Stock Discount May Be Ending as AI Catalysts Build
- Apparel Earnings Winners and Losers: Ralph Lauren Takes Off
- Why Walmart, Target and TJX Got Such Different Reactions After Earnings
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:RTX – Free Report).
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.
