Sippican Capital Advisors Sells 3,554 Shares of RTX Corporation $RTX

Sippican Capital Advisors trimmed its position in shares of RTX Corporation (NYSE:RTX) by 22.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,215 shares of the company’s stock after selling 3,554 shares during the period. RTX comprises 1.6% of Sippican Capital Advisors’ investment portfolio, making the stock its 20th largest position. Sippican Capital Advisors’ holdings in RTX were worth $2,356,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. World Investment Advisors grew its holdings in shares of RTX by 8.7% during the 4th quarter. World Investment Advisors now owns 62,448 shares of the company’s stock valued at $11,453,000 after purchasing an additional 5,020 shares during the last quarter. Milestone Asset Management Group LLC lifted its stake in RTX by 34.7% in the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after purchasing an additional 7,738 shares during the last quarter. New Age Alpha Advisors LLC bought a new stake in RTX in the fourth quarter worth $2,308,000. Truist Financial Corp boosted its position in RTX by 2.3% during the fourth quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock valued at $424,575,000 after buying an additional 53,045 shares during the period. Finally, Wealth Science Advisors LLC purchased a new stake in RTX during the fourth quarter valued at about $1,439,000. Institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

RTX stock opened at $187.49 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The firm has a market cap of $252.49 billion, a P/E ratio of 35.18, a P/E/G ratio of 2.66 and a beta of 0.31. RTX Corporation has a 1-year low of $142.65 and a 1-year high of $214.50. The firm has a 50-day moving average of $180.10 and a 200-day moving average of $190.27.

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. The company had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.RTX’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Sell-side analysts expect that RTX Corporation will post 6.91 EPS for the current year.

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is currently 54.78%.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX Corporation was upgraded to Buy by Zacks, which suggests improving earnings expectations and could lift investor sentiment toward the stock. Article title: RTX (RTX) Upgraded to Buy: Here’s What You Should Know
• Positive Sentiment: The company declared a quarterly dividend of $0.73 per share, reinforcing its appeal for income-focused investors and signaling ongoing capital returns.
• Neutral Sentiment: Several articles mention RTX 4090, RTX 5000, RTX Spark, and other NVIDIA products; these use “RTX” in the branding but are about Nvidia, not RTX Corporation, so they are not meaningful direct catalysts for the stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on RTX shares. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 price target on shares of RTX in a research report on Thursday, March 5th. Morgan Stanley dropped their price objective on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Finally, Erste Group Bank cut shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has assigned 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.

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.