Vantage Investment Partners LLC Reduces Holdings in RTX Corporation $RTX

Vantage Investment Partners LLC decreased its stake in shares of RTX Corporation (NYSE:RTX) by 7.4% during the first quarter, HoldingsChannel reports. The firm owned 98,458 shares of the company’s stock after selling 7,919 shares during the quarter. RTX accounts for approximately 1.3% of Vantage Investment Partners LLC’s holdings, making the stock its 25th biggest position. Vantage Investment Partners LLC’s holdings in RTX were worth $18,993,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Norges Bank purchased a new stake in RTX in the fourth quarter worth about $3,167,626,000. Auto Owners Insurance Co grew its holdings in shares of RTX by 24,730.9% during the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after acquiring an additional 10,062,269 shares during the period. Vanguard Group Inc. raised its position in shares of RTX by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after acquiring an additional 2,210,950 shares in the last quarter. Artisan Partners Limited Partnership raised its position in shares of RTX by 1,545.1% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock worth $316,128,000 after acquiring an additional 1,618,933 shares in the last quarter. Finally, Amundi lifted its stake in shares of RTX by 49.1% in the 4th quarter. Amundi now owns 4,402,120 shares of the company’s stock valued at $807,349,000 after purchasing an additional 1,450,596 shares during the period. 86.50% of the stock is owned by institutional investors.

Key Headlines Impacting RTX

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 Stock Up 0.3%

Shares of NYSE RTX traded up $0.61 during trading on Friday, reaching $195.81. The company had a trading volume of 2,821,542 shares, 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 company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The business’s 50-day moving average is $182.73 and its 200 day moving average is $191.30. The stock has a market cap of $263.69 billion, a PE ratio of 36.74, a P/E/G ratio of 2.68 and a beta of 0.30.

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

RTX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.5%. RTX’s dividend payout ratio (DPR) is 54.78%.

Analysts Set New Price Targets

Several brokerages recently weighed in on RTX. Citigroup reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Jefferies Financial Group reiterated a “buy” rating on shares of RTX in a research note on Wednesday. Finally, Morgan Stanley lowered their price target on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and an average target price of $211.38.

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.