381,739 Shares of RTX Corporation $RTX Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in RTX Corporation (NYSE:RTX) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 381,739 shares of the company’s stock, valued at approximately $70,870,000.

Several other hedge funds have also made changes to their positions in RTX. Evergreen Advisors LLC purchased a new stake in shares of RTX during the 1st quarter valued at $31,000. Signature Resources Capital Management LLC grew its position in RTX by 111.5% during the first quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock valued at $36,000 after acquiring an additional 97 shares during the period. BOK Financial Private Wealth Inc. acquired a new stake in RTX during the second quarter worth about $36,000. Groupe la Francaise increased its stake in RTX by 50.9% during the second quarter. Groupe la Francaise now owns 261 shares of the company’s stock worth $45,000 after acquiring an additional 88 shares during the last quarter. Finally, Kilter Group LLC purchased a new position in shares of RTX in the 2nd quarter worth about $51,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on RTX shares. Susquehanna raised their target price on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research note on Friday, July 24th. Royal Bank Of Canada cut their price objective on RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. UBS Group boosted their price objective on RTX from $209.00 to $212.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 21st. Weiss Ratings raised RTX from a “buy (b)” rating to a “buy (a-)” rating in a research report on Thursday, October 22nd. Finally, Robert W. Baird set a $240.00 target price on RTX in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $231.24.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Quarterly dividend maintained: RTX’s board declared a cash dividend of $0.73 per share, payable December 10, 2026, to shareholders of record on November 20. The payment equates to $2.92 annually and a yield of approximately 1.4%, reinforcing the company’s shareholder-return profile. RTX Board of Directors Declares Quarterly Cash Dividend
• Positive Sentiment: Improving fundamental outlook: Recent coverage highlights RTX’s third-quarter revenue and earnings beat, raised guidance, record backlog, and signs of recovering commercial aerospace demand. The stronger outlook has helped shares recover recently, although the stock remains below its 52-week high. RTX Could Be 14% Undervalued As Raised Guidance Lifts The Valuation Case
• Positive Sentiment: Analyst sentiment remains favorable: The average brokerage recommendation for RTX is equivalent to a Buy. While analyst ratings should be interpreted cautiously, the consensus can provide near-term support for the stock. Is It Worth Investing in RTX Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Valuation remains a consideration: RTX trades at a relatively elevated earnings multiple following its recovery, so further gains may depend on continued execution, aerospace-market improvement, and delivery against raised guidance. The dividend is supportive but modest at roughly 1.4%.

Insider Activity at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the sale, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. The trade was a 50.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

RTX Stock Performance

RTX stock opened at $200.09 on Monday. RTX Corporation has a 52 week low of $166.74 and a 52 week high of $226.88. The company has a current ratio of 1.05, a quick ratio of 0.81 and a debt-to-equity ratio of 0.44. The stock has a market cap of $270.01 billion, a P/E ratio of 32.48, a price-to-earnings-growth ratio of 2.23 and a beta of 0.30. The stock has a 50 day moving average of $194.81 and a 200-day moving average of $195.55.

RTX (NYSE:RTX) last released its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.48. RTX had a net margin of 8.75% and a return on equity of 14.89%. The company had revenue of $24.96 billion during the quarter, compared to the consensus estimate of $24.11 billion. During the same quarter in the previous year, the firm earned $1.70 EPS. The company’s revenue was up 11.1% on a year-over-year basis. On average, analysts expect that RTX Corporation will post 7.67 EPS for the current fiscal year.

RTX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 20th will be given a dividend of $0.73 per share. The ex-dividend date is Friday, November 20th. This represents a $2.92 annualized dividend and a dividend yield of 1.5%. RTX’s dividend payout ratio (DPR) is 47.40%.

About RTX

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and manufactures products and systems for commercial aviation, business aviation, military aircraft and government customers. Its portfolio includes aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, air and missile defense systems, precision weapons, radars and advanced sensors.

The company operates through three principal businesses: Collins Aerospace, which supplies aerospace systems and components; Pratt & Whitney, which designs and produces aircraft engines and related services; and Raytheon, which provides defense and intelligence technologies.