RTX Corporation $RTX is Maverick Capital Ltd.’s 9th Largest Position

Maverick Capital Ltd. reduced its stake in RTX Corporation (NYSE:RTX) by 0.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,364,888 shares of the company’s stock after selling 3,954 shares during the quarter. RTX makes up approximately 3.0% of Maverick Capital Ltd.’s investment portfolio, making the stock its 9th biggest position. Maverick Capital Ltd. owned approximately 0.10% of RTX worth $263,287,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of RTX. Norges Bank bought a new position in shares of RTX during the 4th quarter valued at approximately $3,167,626,000. Auto Owners Insurance Co raised its stake in RTX by 24,730.9% during the 4th 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. lifted 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 valued at $22,922,464,000 after purchasing an additional 2,210,950 shares in the last quarter. Artisan Partners Limited Partnership lifted its holdings in RTX by 1,545.1% during the fourth quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock valued at $316,128,000 after purchasing an additional 1,618,933 shares in the last quarter. Finally, Amundi increased its stake in shares of 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 purchasing an additional 1,450,596 shares in the last quarter. Institutional investors own 86.50% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Citigroup restated a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Robert W. Baird set a $240.00 price target on RTX in a report on Friday. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $238.00 target price on shares of RTX in a research note on Monday. Finally, TD Cowen upped their price target on RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday. One equities 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 issued 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 $221.53.

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.

RTX Price Performance

NYSE:RTX opened at $218.63 on Tuesday. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $220.39. 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. 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 business has a 50 day simple moving average of $187.93 and a 200-day simple moving average of $192.42.

RTX (NYSE:RTX) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. The firm had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities analysts forecast that RTX Corporation will post 7.1 EPS for the current year.

RTX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. RTX’s payout ratio is presently 51.41%.

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.