Vise Technologies Inc. Buys 16,186 Shares of RTX Corporation $RTX

Vise Technologies Inc. boosted its stake in RTX Corporation (NYSE:RTX) by 61.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 42,696 shares of the company’s stock after acquiring an additional 16,186 shares during the period. Vise Technologies Inc.’s holdings in RTX were worth $7,830,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. BNP Paribas bought a new stake in RTX in the third quarter valued at approximately $25,000. Navalign LLC bought a new stake in RTX in the fourth quarter valued at approximately $25,000. Core Wealth Advisors LLC bought a new stake in RTX in the fourth quarter valued at approximately $31,000. Wexford Capital LP bought a new stake in RTX in the third quarter valued at approximately $33,000. Finally, Dogwood Wealth Management LLC boosted its holdings in RTX by 57.3% in the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on RTX shares. Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Morgan Stanley dropped their price target on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 price target on shares of RTX in a research note on Thursday, March 5th. Finally, Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.38.

RTX Trading Up 4.1%

NYSE RTX opened at $179.61 on Friday. The firm has a market capitalization of $241.87 billion, a P/E ratio of 33.70, a PEG ratio of 2.45 and a beta of 0.31. The business has a fifty day simple moving average of $184.32 and a 200 day simple moving average of $188.77. RTX Corporation has a 12 month low of $135.43 and a 12 month high of $214.50. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48.

RTX (NYSE:RTX) last announced its quarterly earnings data 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 firm had revenue of $22.08 billion during 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%.The business’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, analysts predict that RTX Corporation will post 6.91 EPS for the current fiscal year.

RTX Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be paid a $0.73 dividend. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a yield of 1.6%. RTX’s dividend payout ratio is currently 54.78%.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, an RTX business, won a $515 million U.S. Navy contract for SPY-6 radar systems, reinforcing RTX’s role in naval air and missile defense and adding to the company’s long-term defense backlog. RTX SPY-6 Radar Win Expands Naval Role And Long Term Appeal
• Positive Sentiment: Jefferies upgraded RTX to Buy from Hold and raised its price target to $220, citing improving margins, growth in commercial aerospace engine aftermarket services, and strength in the defense segment. RTX stock rises 4% after Jefferies upgrade, lifts target to $220
• Positive Sentiment: RTX is expanding landing gear production through a new Poland facility as Collins Aerospace scales capacity to meet rising aircraft demand, which could support future revenue growth in its commercial aerospace business. How Is RTX Expanding Landing Gear Production to Support Growth?
• Neutral Sentiment: Zacks highlighted RTX as a strong momentum stock, but this was more of a style-score commentary than a new company-specific catalyst. Here’s Why RTX (RTX) is a Strong Momentum Stock
• Neutral Sentiment: Other mentions involving NVIDIA’s RTX-branded AI and gaming products are not related to RTX Corporation and should not affect the stock’s fundamentals directly.

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.