Gateway Wealth Partners LLC grew its holdings in shares of RTX Corporation (NYSE:RTX – Free Report) by 191.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,237 shares of the company’s stock after purchasing an additional 11,981 shares during the quarter. Gateway Wealth Partners LLC’s holdings in RTX were worth $3,518,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Navalign LLC purchased a new position in RTX during the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC purchased a new position in RTX during the fourth quarter valued at approximately $26,000. Evergreen Advisors LLC bought a new stake in RTX during the 1st quarter worth approximately $31,000. Core Wealth Advisors LLC purchased a new stake in RTX in the 4th quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC boosted its holdings in RTX by 456.7% in the 4th 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. Hedge funds and other institutional investors own 86.50% of the company’s stock.
RTX Trading Up 2.7%
Shares of RTX stock opened at $218.63 on Tuesday. The business has a 50-day moving average price of $187.93 and a two-hundred day moving average price of $192.42. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $220.39. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The firm has a market cap of $294.43 billion, a P/E ratio of 38.49, a price-to-earnings-growth ratio of 2.84 and a beta of 0.30.
RTX Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. RTX’s dividend payout ratio (DPR) is 51.41%.
Key RTX News
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.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the company. Royal Bank Of Canada increased their price objective on RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Melius Research raised RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Weiss Ratings upgraded shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Finally, Jefferies Financial Group set a $250.00 target price on shares of RTX in a research report on Sunday. One 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $221.53.
View Our Latest Stock Analysis on RTX
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.
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