Hantz Financial Services Inc. Sells 12,785 Shares of RTX Corporation $RTX

Hantz Financial Services Inc. lowered its position in RTX Corporation (NYSE:RTX) by 15.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 68,527 shares of the company’s stock after selling 12,785 shares during the period. Hantz Financial Services Inc.’s holdings in RTX were worth $12,568,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of RTX. Brighton Jones LLC grew its position in RTX by 24.3% during the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after buying an additional 3,332 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after acquiring an additional 159 shares during the last quarter. United Bank boosted its stake in shares of RTX by 68.0% during the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after acquiring an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. grew its position in shares of RTX by 3.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after acquiring an additional 623 shares during the period. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of RTX in the 2nd quarter worth $5,157,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. DZ Bank downgraded RTX from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. raised their price objective on RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Vertical Research reaffirmed a “buy” rating and set a $227.00 price objective on shares of RTX in a research report on Tuesday, January 27th. Jefferies Financial Group reduced their target price on shares of RTX from $225.00 to $210.00 and set a “hold” rating for the company in a report on Monday, April 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $210.75.

RTX Trading Up 0.0%

RTX stock opened at $177.06 on Monday. 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 Corporation has a 1-year low of $130.90 and a 1-year high of $214.50. The business has a 50 day simple moving average of $188.64 and a two-hundred day simple moving average of $188.74. The company has a market capitalization of $238.45 billion, a price-to-earnings ratio of 33.22, a PEG ratio of 2.51 and a beta of 0.31.

RTX (NYSE:RTX) last released its earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. During the same quarter in the previous year, the firm earned $1.47 earnings per share. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts anticipate that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be issued a dividend of $0.73 per share. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. RTX’s payout ratio is currently 51.03%.

RTX Company Profile

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.