Panagora Asset Management Inc. Acquires 285,024 Shares of RTX Corporation $RTX

Panagora Asset Management Inc. grew its holdings in shares of RTX Corporation (NYSE:RTX) by 1,511.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 303,884 shares of the company’s stock after purchasing an additional 285,024 shares during the period. Panagora Asset Management Inc.’s holdings in RTX were worth $55,732,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Perryman Financial Advisory Inc. AD bought a new position in shares of RTX in the 4th quarter valued at about $8,885,000. Piedmont Capital Management LLC NC bought a new stake in RTX during the fourth quarter worth about $318,000. Resources Management Corp CT ADV boosted its position in RTX by 52.3% during the fourth quarter. Resources Management Corp CT ADV now owns 57,418 shares of the company’s stock valued at $10,530,000 after purchasing an additional 19,719 shares during the last quarter. Sargent Investment Group LLC bought a new position in RTX in the fourth quarter valued at approximately $300,000. Finally, MML Investors Services LLC increased its position in shares of RTX by 3.9% during the 4th quarter. MML Investors Services LLC now owns 415,911 shares of the company’s stock worth $76,278,000 after purchasing an additional 15,510 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Stock Down 0.0%

RTX stock opened at $183.52 on Monday. The stock has a market cap of $247.14 billion, a P/E ratio of 34.43, a P/E/G ratio of 2.60 and a beta of 0.31. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. RTX Corporation has a twelve month low of $140.47 and a twelve month high of $214.50. The company’s 50-day moving average price is $183.00 and its two-hundred day moving average price is $189.10.

RTX (NYSE:RTX) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the company posted $1.47 earnings per share. The business’s revenue was up 8.7% on a year-over-year basis. 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 Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were paid a $0.73 dividend. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date was Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 1.6%. RTX’s dividend payout ratio is presently 54.78%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on RTX. Wells Fargo & Company began coverage on RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price objective on the stock. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $240.00 price target on shares of RTX in a research report on Thursday, March 5th. Jefferies Financial Group upgraded shares of RTX from a “hold” rating to a “buy” rating and increased their price target for the company from $210.00 to $220.00 in a research note on Thursday, June 4th. Finally, Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $211.38.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: DBS Bank upgraded RTX from “hold” to “moderate buy,” signaling improved confidence in the company’s outlook and valuation.
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, suggesting expectations for stronger earnings ahead. Source article
• Positive Sentiment: RTX’s Collins Aerospace unit is expanding its Malaysia MRO hub with a $63 million investment, which supports long-term service capacity and international growth. Source article
• Positive Sentiment: Recent commentary highlighted RTX as attractive on valuation after defense-contract focus, reinforcing the view that the stock may still have room to rerate if earnings hold up. Source article
• Neutral Sentiment: RTX remains one of the more watched names among investors, with multiple articles discussing defense spending, autonomous systems, and earnings expectations, but these are mostly sentiment and theme-driven rather than direct company-specific catalysts.
• Neutral Sentiment: Several headlines about “RTX” relate to Nvidia’s GeForce RTX graphics products and Microsoft’s AI GPU support, which are unrelated to RTX Corporation and are unlikely to affect the stock 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.