RTX Corporation $RTX Shares Sold by Godsey & Gibb Inc.

Godsey & Gibb Inc. lessened its holdings in RTX Corporation (NYSE:RTX) by 6.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 173,709 shares of the company’s stock after selling 12,029 shares during the quarter. RTX accounts for about 2.9% of Godsey & Gibb Inc.’s holdings, making the stock its 4th biggest position. Godsey & Gibb Inc.’s holdings in RTX were worth $33,508,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of RTX in the 4th quarter valued at approximately $3,167,626,000. Auto Owners Insurance Co grew its holdings in RTX by 24,730.9% during the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after acquiring an additional 10,062,269 shares during the period. Vanguard Group Inc. grew its holdings in RTX by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after acquiring an additional 2,210,950 shares during the period. Artisan Partners Limited Partnership raised its position in RTX by 1,545.1% in the fourth quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock worth $316,128,000 after acquiring an additional 1,618,933 shares in the last quarter. Finally, Amundi raised its position in RTX by 49.1% in the fourth quarter. Amundi now owns 4,402,120 shares of the company’s stock worth $807,349,000 after acquiring an additional 1,450,596 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Trading Up 2.7%

Shares of RTX stock opened at $186.67 on Wednesday. The stock has a market cap of $251.38 billion, a P/E ratio of 35.02, a P/E/G ratio of 2.58 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 fifty-two week low of $140.47 and a fifty-two week high of $214.50. The business has a fifty day simple moving average of $181.14 and a 200-day simple moving average of $189.84.

RTX (NYSE:RTX) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.52 by $0.26. The business had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, analysts forecast that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

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

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Analysts and industry commentary highlighted RTX as a beneficiary of rising defense budgets, record backlogs, and ongoing growth opportunities versus peers like General Dynamics, which can support investor confidence in the company’s long-term earnings outlook. RTX vs. General Dynamics: Which Defense Contractor Offers More Upside?
• Positive Sentiment: Separate coverage pointed to RTX expanding connected aviation capabilities through avionics, communications, and data-management technologies, underscoring demand in its aerospace businesses. How Is RTX Advancing Connectivity Across Modern Aviation Systems?
• Neutral Sentiment: RTX agreed to sell Blue Canyon Technologies to MDA Space, a portfolio move that may sharpen focus on core defense and space programs but is not a major immediate earnings catalyst. RTX (RTX) Sells Blue Canyon As China Export Curbs Add Supply Risk
• Negative Sentiment: The same article flagged new Chinese export controls on rare earths and defense-related materials, which could add supply-chain and sourcing pressure for RTX and other U.S. defense contractors. RTX (RTX) Sells Blue Canyon As China Export Curbs Add Supply Risk

Wall Street Analysts Forecast Growth

RTX has been the topic of several research analyst reports. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. UBS Group reduced their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Morgan Stanley decreased their price objective on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, Jefferies Financial Group upgraded shares of RTX from a “hold” rating to a “buy” rating and upped their target price for the stock from $210.00 to $220.00 in a research report on Thursday, June 4th. One 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 given a Sell rating to the stock. Based on data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and a consensus 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.