BXM Wealth LLC Has $1.06 Million Stock Position in RTX Corporation $RTX

BXM Wealth LLC cut its holdings in shares of RTX Corporation (NYSE:RTX) by 91.1% in the 1st quarter, HoldingsChannel reports. The fund owned 5,513 shares of the company’s stock after selling 56,417 shares during the period. RTX makes up approximately 0.8% of BXM Wealth LLC’s investment portfolio, making the stock its 28th biggest holding. BXM Wealth LLC’s holdings in RTX were worth $1,063,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in RTX. BNP Paribas acquired a new position in RTX during the 3rd quarter valued at about $25,000. Navalign LLC purchased a new stake in shares of RTX in the fourth quarter worth approximately $25,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of RTX in the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX during the fourth quarter valued at approximately $31,000. Finally, 1 North Wealth Services LLC boosted its position in shares of RTX by 456.7% during the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after buying an additional 137 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on RTX shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 price target on shares of RTX in a research report on Thursday, March 5th. Morgan Stanley reduced their target price on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Weiss Ratings downgraded shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Finally, Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $211.38.

RTX Stock Performance

Shares of RTX stock opened at $187.49 on Tuesday. The business’s fifty day simple moving average is $180.10 and its 200 day simple moving average is $190.27. The firm has a market capitalization of $252.49 billion, a P/E ratio of 35.18, a price-to-earnings-growth ratio of 2.66 and a beta of 0.31. RTX Corporation has a 12 month low of $142.65 and a 12 month high of $214.50. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.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 prior year, the company earned $1.47 EPS. The business’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. As a group, analysts anticipate that RTX Corporation will post 6.91 EPS for the current year.

RTX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s payout ratio is 54.78%.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX Corporation was upgraded to Buy by Zacks, which suggests improving earnings expectations and could lift investor sentiment toward the stock. Article title: RTX (RTX) Upgraded to Buy: Here’s What You Should Know
• Positive Sentiment: The company declared a quarterly dividend of $0.73 per share, reinforcing its appeal for income-focused investors and signaling ongoing capital returns.
• Neutral Sentiment: Several articles mention RTX 4090, RTX 5000, RTX Spark, and other NVIDIA products; these use “RTX” in the branding but are about Nvidia, not RTX Corporation, so they are not meaningful direct catalysts for the stock.

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.