SmartHarvest Portfolios LLC acquired a new position in RTX Corporation (NYSE:RTX – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,547 shares of the company’s stock, valued at approximately $1,384,000.
Several other large investors have also recently made changes to their positions in the stock. Norges Bank acquired a new stake in RTX during the 4th quarter worth approximately $3,167,626,000. Vanguard Group Inc. lifted its holdings in RTX by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after buying an additional 2,210,950 shares in the last quarter. California Public Employees Retirement System lifted its holdings in RTX by 27.5% during the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock worth $802,640,000 after buying an additional 1,034,456 shares in the last quarter. Groupama Asset Managment acquired a new stake in RTX during the 3rd quarter worth approximately $150,078,000. Finally, Legal & General Group Plc lifted its holdings in RTX by 13.4% during the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock worth $1,199,338,000 after buying an additional 846,656 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.
RTX Trading Up 3.8%
Shares of RTX stock opened at $184.15 on Friday. RTX Corporation has a 1 year low of $140.13 and a 1 year high of $214.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. The company has a market capitalization of $247.98 billion, a P/E ratio of 34.55, a PEG ratio of 2.51 and a beta of 0.31. The company’s fifty day moving average is $183.23 and its two-hundred day moving average is $189.03.
RTX Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. This is an increase from RTX’s previous quarterly dividend of $0.68. The ex-dividend date was Friday, May 22nd. RTX’s dividend payout ratio (DPR) is 54.78%.
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Collins Aerospace, an RTX business, completed a $63 million expansion of its Malaysia maintenance, repair and overhaul hub, which should boost RTX’s Asia-Pacific service capacity and cash-flow potential as airline fleets grow. RTX’s Collins Aerospace expands Malaysia MRO hub with $63M investment
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, signaling slightly better profit expectations even though the stock remains rated Hold.
- Positive Sentiment: Recent coverage around RTX’s aerospace service expansion and the Malaysia MRO buildout reinforces the case that demand for aftermarket maintenance services remains strong. RTX Malaysia MRO Expansion Adds Asia Pacific Cash Flow Potential
- Neutral Sentiment: RTX was listed among the stocks attracting heavy attention on Zacks, but that article did not add new operational or financial news by itself. RTX Corporation (RTX) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Several search and technology articles mentioning “RTX” were about Nvidia RTX graphics products, not RTX Corporation, so they are unlikely to affect the stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the stock. Jefferies Financial Group raised shares of RTX from a “hold” rating to a “buy” rating and increased their price objective for the company from $210.00 to $220.00 in a research report on Thursday, June 4th. Weiss Ratings reissued a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. UBS Group dropped their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. Citigroup dropped their price objective on shares of RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Finally, Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $211.38.
Get Our Latest Research Report on RTX
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.
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