RTX Corporation $RTX Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers boosted its stake in shares of RTX Corporation (NYSE:RTX) by 8.8% in the first quarter, Holdings Channel reports. The fund owned 661,761 shares of the company’s stock after purchasing an additional 53,278 shares during the period. Cetera Investment Advisers’ holdings in RTX were worth $127,654,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Envision Financial Transparency LLC purchased a new stake in shares of RTX during the first quarter worth approximately $3,465,000. Aureus Asset Management LLC lifted its holdings in shares of RTX by 2.3% during the first quarter. Aureus Asset Management LLC now owns 16,257 shares of the company’s stock worth $3,136,000 after purchasing an additional 369 shares during the period. Levin Capital Strategies L.P. purchased a new position in RTX in the 1st quarter valued at $805,000. Signature Equity Partners LLC increased its stake in RTX by 55.5% in the 1st quarter. Signature Equity Partners LLC now owns 913 shares of the company’s stock valued at $176,000 after buying an additional 326 shares during the period. Finally, Acumen Wealth Advisors LLC increased its stake in RTX by 1,089.3% in the 1st quarter. Acumen Wealth Advisors LLC now owns 6,470 shares of the company’s stock valued at $1,248,000 after buying an additional 5,926 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon was awarded a $1.8 billion U.S. Navy contract extension for SPY-6 radar hardware production and sustainment, reinforcing RTX’s defense revenue visibility. RTX’s Raytheon awarded $1.8 billion hardware production and sustainment contract for SPY-6 family of radars
• Positive Sentiment: Pratt & Whitney said its GTF engines have topped 800 orders and commitments year to date, lifting the engine backlog to more than 8,000 and signaling sustained commercial aircraft demand. RTX’s Pratt & Whitney GTF engines surpass 800 orders and commitments in 2026, year to date
• Positive Sentiment: RTX highlighted multiple new aerospace wins and strategic partnerships at the Farnborough Airshow, including engine orders, a new MRO joint venture, and expanded regional maintenance agreements. RTX’s Pratt & Whitney Canada signs PW127M maintenance agreement with Emerald Airlines
• Positive Sentiment: RTX advanced its hybrid-electric aviation program, with Collins Aerospace completing lab testing and moving the project toward aircraft-level integration testing with Airbus. RTX advances hybrid-electric aviation at The Grid
• Neutral Sentiment: Several previews and earnings outlook pieces put RTX in focus ahead of Thursday’s results, with analysts watching whether the company can sustain revenue and EPS growth. RTX (RTX) Q2 Earnings: What To Expect
• Neutral Sentiment: RTX-related gaming and GPU headlines involving “RTX” are about Nvidia graphics products, not RTX Corporation, so they should not affect the stock.

Analysts Set New Price Targets

Several research firms have recently commented on RTX. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research note 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 note on Wednesday, April 22nd. Jefferies Financial Group reissued a “buy” rating on shares of RTX in a report on Wednesday, July 8th. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Finally, Wells Fargo & Company assumed coverage on RTX in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $211.38.

RTX Price Performance

Shares of NYSE RTX opened at $194.56 on Thursday. 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 Corporation has a one year low of $149.11 and a one year high of $214.50. The firm has a market capitalization of $262.01 billion, a P/E ratio of 36.50, a PEG ratio of 2.65 and a beta of 0.30. The company’s fifty day moving average is $185.57 and its two-hundred day moving average is $191.89.

RTX (NYSE:RTX) last announced its quarterly earnings results 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 net margin of 8.03% and a return on equity of 13.50%. The business had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same quarter last year, the firm posted $1.47 EPS. The business’s revenue was up 8.7% compared to the same quarter last year. Analysts forecast that RTX Corporation will post 6.92 EPS for the current fiscal year.

RTX Dividend Announcement

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 given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is presently 54.78%.

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.