Shepherd Street Advisors LLC Takes $654,000 Position in RTX Corporation $RTX

Shepherd Street Advisors LLC purchased a new position in RTX Corporation (NYSE:RTX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,567 shares of the company’s stock, valued at approximately $654,000.

A number of other hedge funds have also recently made changes to their positions in RTX. BNP Paribas bought a new position in shares of RTX in the third quarter worth about $25,000. Navalign LLC bought a new position in shares of RTX in the fourth quarter worth about $25,000. Core Wealth Advisors LLC bought a new position in shares of RTX in the fourth quarter worth about $31,000. Wexford Capital LP bought a new position in shares of RTX in the third quarter worth about $33,000. Finally, Dogwood Wealth Management LLC grew its holdings in shares of RTX by 57.3% in the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace expanded its Poland facility, lifting landing gear production capacity by nearly 25% and adding about 190 jobs, which should support RTX’s commercial and defense backlog execution. Article link
• Positive Sentiment: Analysts and market commentary say RTX has outperformed its industry over the past six months, helped by contract wins, technology advances, and rising earnings estimates. Article link
• Neutral Sentiment: RTX has also been mentioned in valuation-focused coverage, with investors debating whether the stock’s recent gains leave limited near-term upside despite solid fundamentals. Article link

RTX Stock Performance

RTX stock opened at $174.17 on Wednesday. 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 business has a 50-day moving average price of $185.52 and a 200 day moving average price of $188.78. The company has a market capitalization of $234.55 billion, a P/E ratio of 32.68, a PEG ratio of 2.47 and a beta of 0.31. RTX Corporation has a 1-year low of $135.43 and a 1-year high of $214.50.

RTX (NYSE:RTX) last released its quarterly earnings data 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. 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% on a year-over-year basis. During the same period in the previous year, the company posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, equities research analysts forecast that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.7%. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, May 22nd. RTX’s payout ratio is presently 54.78%.

Analyst Ratings Changes

A number of research analysts have recently commented on RTX shares. Weiss Ratings restated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. Morgan Stanley cut their price target on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. UBS Group cut their price target 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, Wells Fargo & Company began coverage on RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $210.75.

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.