Empowered Funds LLC raised its position in RTX Corporation (NYSE:RTX – Free Report) by 12.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 235,197 shares of the company’s stock after buying an additional 26,597 shares during the period. Empowered Funds LLC’s holdings in RTX were worth $45,370,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Navalign LLC acquired a new stake in shares of RTX in the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX in the 4th quarter worth $26,000. Core Wealth Advisors LLC bought a new stake in shares of RTX in the 4th quarter valued at about $31,000. 1 North Wealth Services LLC grew its holdings in RTX by 456.7% during the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares during the period. Finally, Evergreen Advisors LLC bought a new position in shares of RTX during the first quarter worth $31,000. 86.50% of the stock is owned by institutional investors.
RTX Stock Performance
Shares of RTX stock opened at $218.63 on Tuesday. The business has a 50-day simple moving average of $187.93 and a 200 day simple moving average of $192.42. RTX Corporation has a one year low of $150.61 and a one year high of $220.39. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The firm has a market capitalization of $294.43 billion, a price-to-earnings ratio of 38.49, a PEG ratio of 2.84 and a beta of 0.30.
RTX Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be paid a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.3%. RTX’s dividend payout ratio is presently 51.41%.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Analyst upgrades and higher valuation support momentum. Wall Street upgrades helped propel RTX toward a fourth straight day of gains, reinforcing investor confidence in the company’s earnings outlook. RTX, SIRI Hit Fresh 52-Week Highs Today – What’s Got Investors Buzzing?
- Positive Sentiment: RTX delivered a significant quarterly earnings beat. The company reported adjusted earnings of $1.89 per share versus the $1.66 analyst consensus and revenue of $24.71 billion versus expectations of $22.89 billion. Revenue grew 14.5% year over year, while fiscal 2026 EPS guidance was set at $7.10–$7.25. RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- Positive Sentiment: Defense demand and backlog trends remain favorable. RTX and other major defense contractors are benefiting from increased investor interest tied to geopolitical tensions, while strong orders and record backlogs improve visibility into future sales. Western defense companies are looking to Ukrainian firms for lessons on how to build in wartime conditions
- Positive Sentiment: Research coverage characterizes RTX as a growth stock. Zacks highlighted the company’s growth characteristics, while separate analysis said the latest results reaffirmed a bullish long-term investment thesis and noted double-beat results across key operating metrics. Here’s Why RTX is a Strong Growth Stock
- Neutral Sentiment: Fresh-high analysis raises the question of valuation. RTX’s earnings, revenue growth and guidance support further upside, but the stock’s climb to a 52-week high means investors may demand continued execution before assigning additional gains. RTX Corporation Hits Fresh High: Is There Still Room to Run?
- Neutral Sentiment: Articles about GeForce RTX graphics cards, gaming-PC discounts and a gamer’s dual-GPU setup concern NVIDIA hardware, not RTX Corporation’s aerospace and defense business, and therefore have no meaningful impact on RTX shares.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on RTX. Robert W. Baird set a $240.00 price objective on shares of RTX in a research report on Friday. TD Cowen raised their price objective on shares of RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday. Weiss Ratings raised shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Royal Bank Of Canada lifted their price objective on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Friday. Finally, Morgan Stanley restated an “overweight” rating and set a $240.00 price objective on shares of RTX in a research report on Friday. 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. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $221.53.
Read Our Latest Research Report on RTX
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.
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