Telos Capital Management Inc. Decreases Stock Position in RTX Corporation $RTX

Telos Capital Management Inc. cut its stake in RTX Corporation (NYSE:RTX) by 32.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,591 shares of the company’s stock after selling 16,476 shares during the quarter. Telos Capital Management Inc.’s holdings in RTX were worth $6,673,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of RTX. Norges Bank purchased a new stake in shares of RTX in the fourth quarter valued at $3,167,626,000. Auto Owners Insurance Co boosted its stake 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 purchasing an additional 10,062,269 shares during the period. Vanguard Group Inc. boosted its stake in shares of 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 purchasing an additional 2,210,950 shares during the period. Artisan Partners Limited Partnership grew its holdings in RTX by 1,545.1% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock valued at $316,128,000 after purchasing an additional 1,618,933 shares during the last quarter. Finally, Amundi grew its holdings in RTX by 49.1% during 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 last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on RTX shares. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Melius Research raised RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Jefferies Financial Group upgraded RTX from a “hold” rating to a “buy” rating and boosted their price objective for the company from $210.00 to $220.00 in a report on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.38.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX is highlighted for expanding connected aviation capabilities through advanced avionics, communications, and data-management technologies, reinforcing its growth story in commercial aerospace and defense electronics. How Is RTX Advancing Connectivity Across Modern Aviation Systems?
• Positive Sentiment: Coverage noting record defense backlogs and higher military spending supports the broader defense contractor group, which can be favorable for RTX’s long-term order visibility and earnings outlook. Defense ETFs to Buy Now as Record Backlogs Signal Sustained Growth
• Neutral Sentiment: RTX’s sale of Blue Canyon Technologies to MDA Space may help sharpen strategic focus, but the transaction also reduces exposure to part of the small-satellite market, making the overall impact mixed. RTX (RTX) Sells Blue Canyon As China Export Curbs Add Supply Risk
• Negative Sentiment: New Chinese export controls on rare earth and defense-related materials add fresh supply-chain uncertainty for RTX and other U.S. defense contractors, potentially raising costs and complicating sourcing. RTX (RTX) Sells Blue Canyon As China Export Curbs Add Supply Risk

RTX Price Performance

RTX stock opened at $181.97 on Tuesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The stock has a market cap of $245.06 billion, a price-to-earnings ratio of 34.14, a price-to-earnings-growth ratio of 2.63 and a beta of 0.31. The firm has a 50-day moving average of $181.43 and a two-hundred day moving average of $189.71. RTX Corporation has a 1 year low of $140.47 and a 1 year high of $214.50.

RTX (NYSE:RTX) last issued its earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $21.38 billion. During the same period last year, the company posted $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. On average, research analysts forecast that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.6%. The ex-dividend date was Friday, May 22nd. This is an increase from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio (DPR) is 54.78%.

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.