Hendershot Investments Inc. Has $12.60 Million Position in RTX Corporation $RTX

Hendershot Investments Inc. lessened its holdings in shares of RTX Corporation (NYSE:RTX) by 19.9% in the first quarter, HoldingsChannel.com reports. The firm owned 65,314 shares of the company’s stock after selling 16,228 shares during the period. RTX comprises 1.7% of Hendershot Investments Inc.’s holdings, making the stock its 21st largest position. Hendershot Investments Inc.’s holdings in RTX were worth $12,599,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. TCI Wealth Advisors Inc. bought a new position in shares of RTX in the first quarter valued at $1,255,000. HB Wealth Management LLC increased its position in shares of RTX by 2.0% during the first quarter. HB Wealth Management LLC now owns 163,866 shares of the company’s stock worth $31,610,000 after acquiring an additional 3,189 shares in the last quarter. Altus Wealth Group LLC increased its position in shares of RTX by 14.7% during the first quarter. Altus Wealth Group LLC now owns 1,468 shares of the company’s stock worth $283,000 after acquiring an additional 188 shares in the last quarter. Baer Investment Advisory LLC acquired a new stake in shares of RTX in the 1st quarter worth about $844,000. Finally, World Investment Advisors raised its holdings in shares of RTX by 4.5% in the 1st quarter. World Investment Advisors now owns 65,275 shares of the company’s stock worth $12,592,000 after acquiring an additional 2,827 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX shares advanced after Raytheon was awarded a $1.1 billion U.S. Navy contract to produce AIM-9X Block II missiles, reinforcing the company’s defense backlog and near-term revenue visibility. Why RTX (RTX) Stock Is Up Today
• Positive Sentiment: Investors are also reacting to reports of a bullish thesis on RTX, with some analysts arguing the stock remains attractive despite its recent gains and premium valuation. Is RTX Corporation (RTX) A Good Stock To Buy Now?
• Positive Sentiment: Wall Street commentary remains constructive, with broker recommendations and analyst optimism pointing to continued interest in RTX as a portfolio holding ahead of earnings. Is RTX (RTX) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: RTX is approaching its Q2 2026 earnings report, and analysts expect only single-digit bottom-line growth; results will likely determine whether the recent momentum extends. What to Expect From RTX Corporation’s Q2 2026 Earnings Report
• Neutral Sentiment: Recent coverage about RTX’s post-earnings trading and valuation suggests the shares are being watched closely, but it does not point to a major new catalyst on its own. RTX (RTX): Buy, Sell, or Hold Post Q1 Earnings?
• Negative Sentiment: Some articles raise the possibility that RTX’s valuation is getting rich after a strong six-month run, which could limit upside if upcoming earnings or contract news disappoint. Is RTX (RTX) a Buy as Wall Street Analysts Look Optimistic?

RTX Trading Down 0.2%

NYSE:RTX opened at $198.88 on Friday. RTX Corporation has a 1 year low of $142.98 and a 1 year high of $214.50. The stock’s fifty day moving average price is $180.46 and its two-hundred day moving average price is $190.67. 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 company has a market cap of $267.83 billion, a P/E ratio of 37.31, a P/E/G ratio of 2.82 and a beta of 0.30.

RTX (NYSE:RTX) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same period in the previous year, the business earned $1.47 earnings per share. The firm’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. As a group, analysts expect that RTX Corporation will post 6.91 EPS for the current year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders 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 yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s payout ratio is presently 54.78%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. UBS Group dropped their target price on RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Melius Research raised RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Finally, Jefferies Financial Group upgraded RTX from a “hold” rating to a “buy” rating and upped their price target for the stock from $210.00 to $220.00 in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $211.38.

RTX 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.