Capstone Capital Management Ltd Invests $643,000 in RTX Corporation $RTX

Capstone Capital Management Ltd bought a new position in RTX Corporation (NYSE:RTXFree Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,507 shares of the company’s stock, valued at approximately $643,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Alpha Cubed Investments LLC increased its stake in RTX by 0.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after acquiring an additional 50 shares during the last quarter. LeConte Wealth Management LLC lifted its holdings in RTX by 2.3% during the 4th quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock valued at $412,000 after buying an additional 51 shares in the last quarter. Rydar Equities Inc. grew its stake in RTX by 0.4% in the fourth quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock worth $2,480,000 after purchasing an additional 52 shares in the last quarter. Howard Capital Management Inc. raised its holdings in shares of RTX by 0.4% in the fourth quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock valued at $2,263,000 after acquiring an additional 53 shares in the last quarter. Finally, Purus Wealth Management LLC boosted its stake in shares of RTX by 0.4% during the fourth quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock valued at $2,700,000 after purchasing an additional 53 shares in the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at RTX

In other news, EVP Dantaya M. Williams sold 12,713 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the transaction, the executive vice president directly owned 16,749 shares of the company’s stock, valued at approximately $3,397,199.67. This represents a 43.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the sale, the executive vice president owned 59,556 shares of the company’s stock, valued at $12,242,331.36. This represents a 37.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 63,592 shares of company stock valued at $13,023,502. 0.10% of the stock is currently owned by corporate insiders.

RTX News Roundup

Here are the key news stories impacting RTX this week:

Analyst Ratings Changes

A number of analysts have recently weighed in on RTX shares. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. Jefferies Financial Group lowered their price objective on RTX from $225.00 to $210.00 and set a “hold” rating on the stock in a research report on Monday, April 13th. UBS Group reduced their price target on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Finally, Citigroup reduced their price target on shares of RTX from $238.00 to $226.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $210.75.

Get Our Latest Analysis on RTX

RTX Stock Up 2.8%

NYSE:RTX opened at $175.93 on Tuesday. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $236.93 billion, a price-to-earnings ratio of 33.01, a price-to-earnings-growth ratio of 2.43 and a beta of 0.31. The stock’s fifty day moving average is $191.23 and its two-hundred day moving average is $188.79. RTX Corporation has a 52 week low of $130.90 and a 52 week high of $214.50.

RTX (NYSE:RTXGet Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the prior year, the company earned $1.47 earnings per share. The business’s quarterly revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts anticipate that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be issued a dividend of $0.73 per share. 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 annualized dividend and a yield of 1.7%. RTX’s dividend payout ratio (DPR) is presently 51.03%.

RTX Company Profile

(Free Report)

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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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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