BSN CAPITAL PARTNERS Ltd Makes New $11.28 Million Investment in RTX Corporation $RTX

BSN CAPITAL PARTNERS Ltd bought a new stake in RTX Corporation (NYSE:RTX) during the fourth quarter, Holdings Channel.com reports. The firm bought 65,361 shares of the company’s stock, valued at approximately $11,279,000. RTX accounts for 0.5% of BSN CAPITAL PARTNERS Ltd’s investment portfolio, making the stock its 22nd largest holding.

A number of other hedge funds also recently added to or reduced their stakes in the business. Milestone Asset Management Group LLC raised its holdings in RTX by 34.7% in the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock valued at $5,504,000 after buying an additional 7,738 shares during the period. New Age Alpha Advisors LLC acquired a new position in RTX in the fourth quarter worth about $2,308,000. Truist Financial Corp grew its position in shares of RTX by 2.3% during the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock valued at $424,575,000 after buying an additional 53,045 shares during the last quarter. Wealth Science Advisors LLC acquired a new stake in shares of RTX in the 4th quarter worth about $1,439,000. Finally, Groupama Asset Managment bought a new stake in shares of RTX during the third quarter valued at about $150,078,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Price Performance

NYSE:RTX opened at $186.07 on Friday. RTX Corporation has a 52-week low of $140.47 and a 52-week high of $214.50. The company has a market cap of $250.58 billion, a P/E ratio of 34.91, a P/E/G ratio of 2.63 and a beta of 0.31. The stock’s 50-day simple moving average is $181.86 and its 200 day simple moving average is $189.46. 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 (NYSE:RTX) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.26. The business had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period last year, the firm posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, sell-side 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 was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were issued a $0.73 dividend. The ex-dividend date was Friday, May 22nd. This is a boost from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 annualized dividend and a yield of 1.6%. RTX’s dividend payout ratio (DPR) is currently 54.78%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Jefferies Financial Group upgraded shares of RTX from a “hold” rating to a “buy” rating and boosted their target price for the stock from $210.00 to $220.00 in a report on Thursday, June 4th. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. UBS Group lowered 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. Morgan Stanley decreased their price target on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 price target on shares of RTX in a report on Thursday, March 5th. One equities research 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $211.38.

RTX News Summary

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

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.