Pittenger & Anderson Inc. Acquires 31,691 Shares of RTX Corporation $RTX

Posted by Joseph Casey on Jul 12th, 2026

Pittenger & Anderson Inc. grew its holdings in shares of RTX Corporation (NYSE:RTX – Free Report) by 27.4% in the first quarter, Holdings Channel reports. The institutional investor owned 147,202 shares of the company’s stock after acquiring an additional 31,691 shares during the period. RTX makes up 1.1% of Pittenger & Anderson Inc.’s investment portfolio, making the stock its 23rd largest holding. Pittenger & Anderson Inc.’s holdings in RTX were worth $28,395,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Gables Capital Management Inc. boosted its stake in RTX by 15.7% during the 1st quarter. Gables Capital Management Inc. now owns 10,141 shares of the company’s stock valued at $1,956,000 after purchasing an additional 1,373 shares during the last quarter. UNIVEST FINANCIAL Corp lifted its holdings in shares of RTX by 4.9% in the first quarter. UNIVEST FINANCIAL Corp now owns 5,093 shares of the company’s stock valued at $982,000 after purchasing an additional 236 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of RTX by 0.3% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 312,676 shares of the company’s stock valued at $60,315,000 after buying an additional 805 shares during the last quarter. General American Investors Co. Inc. boosted its position in shares of RTX by 27.3% during the first quarter. General American Investors Co. Inc. now owns 150,000 shares of the company’s stock valued at $28,935,000 after buying an additional 32,200 shares during the last quarter. Finally, Fifth Third Bancorp grew its holdings in RTX by 134.5% during the first quarter. Fifth Third Bancorp now owns 1,185,642 shares of the company’s stock worth $228,710,000 after buying an additional 679,969 shares in the last quarter. 86.50% of the stock is owned by institutional investors.

RTX Stock Performance

Shares of RTX stock traded up $0.61 during trading hours on Friday, hitting $195.81. 2,821,542 shares of the company’s stock traded hands, compared to its average volume of 4,648,892. RTX Corporation has a 12-month low of $143.56 and a 12-month high of $214.50. The stock has a market capitalization of $263.69 billion, a price-to-earnings ratio of 36.74, a PEG ratio of 2.68 and a beta of 0.30. The company has a fifty day simple moving average of $182.73 and a 200-day simple moving average of $191.30. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78.

RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. The company had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities research analysts anticipate that RTX Corporation will post 6.92 EPS for the current fiscal year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, August 14th. RTX’s payout ratio is presently 54.78%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Weiss Ratings cut RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Morgan Stanley dropped their price target on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Wells Fargo & Company initiated coverage on shares of RTX in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price objective for the company. Finally, UBS Group decreased their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. One 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. According to data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average price target of $211.38.

View Our Latest Analysis on RTX

More RTX News

Here are the key news stories impacting RTX this week:

Positive Sentiment: RTX was highlighted in multiple industry outlook pieces as a beneficiary of strong aerospace-defense tailwinds, including rising defense spending, aviation demand, and ongoing strategic initiatives. Zacks Industry Outlook Highlights GE Aerospace, RTX and General Dynamics
Positive Sentiment: The company’s Raytheon unit is expanding European missile production with NATO and Diehl Defence, including efforts to boost Stinger output and strengthen the supply chain, which could support future defense revenue. RTX (RTX) Expands European Missile Production With NATO And Diehl Defence
Positive Sentiment: Collins Aerospace opened a UK Engineering Center of Excellence to advance next-generation aircraft systems, underscoring RTX’s investment in higher-margin aerospace technologies and innovation. RTX’s Collins Aerospace opens UK Engineering Center of Excellence to advance next-generation aircraft systems
Positive Sentiment: Zacks also said RTX has a strong earnings-surprise track record and the right setup to potentially beat consensus in its next quarterly report, which can boost investor sentiment ahead of results. Why RTX (RTX) Could Beat Earnings Estimates Again
Neutral Sentiment: RTX was also mentioned in additional aerospace-defense stock roundup articles, reinforcing the view that the sector remains attractive, though these pieces did not provide company-specific new catalysts. 3 Aerospace-Defense Stocks to Buy Amid Strong Industry Tailwinds
Negative Sentiment: RTX was reported to have fallen more than the broader market in the prior session, suggesting some near-term volatility or profit-taking after a strong run. RTX (RTX) Registers a Bigger Fall Than the Market: Important Facts to Note

RTX Company Profile

(Free Report)

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.