Principal Securities Inc. raised its position in RTX Corporation (NYSE:RTX – Free Report) by 16.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 63,274 shares of the company’s stock after acquiring an additional 8,830 shares during the period. Principal Securities Inc.’s holdings in RTX were worth $11,604,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of RTX. Brighton Jones LLC boosted its holdings in RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after purchasing an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in RTX by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after purchasing an additional 159 shares during the last quarter. United Bank boosted its holdings in RTX by 68.0% in the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after purchasing an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. boosted its holdings in RTX by 3.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after purchasing an additional 623 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in RTX in the 2nd quarter valued at about $5,157,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.
More RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Collins Aerospace, an RTX business, completed a $63 million expansion of its Malaysia maintenance, repair and overhaul hub, which should boost RTX’s Asia-Pacific service capacity and cash-flow potential as airline fleets grow. RTX’s Collins Aerospace expands Malaysia MRO hub with $63M investment
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, signaling slightly better profit expectations even though the stock remains rated Hold.
- Positive Sentiment: Recent coverage around RTX’s aerospace service expansion and the Malaysia MRO buildout reinforces the case that demand for aftermarket maintenance services remains strong. RTX Malaysia MRO Expansion Adds Asia Pacific Cash Flow Potential
- Neutral Sentiment: RTX was listed among the stocks attracting heavy attention on Zacks, but that article did not add new operational or financial news by itself. RTX Corporation (RTX) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Several search and technology articles mentioning “RTX” were about Nvidia RTX graphics products, not RTX Corporation, so they are unlikely to affect the stock.
RTX Price Performance
RTX (NYSE:RTX – Get Free Report) last announced its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share 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 firm had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. During the same period in the prior year, the firm earned $1.47 EPS. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, research analysts forecast that RTX Corporation will post 6.91 earnings per share for the current fiscal year.
RTX Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 22nd were paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Friday, May 22nd. This is an increase from RTX’s previous quarterly dividend of $0.68. RTX’s payout ratio is currently 54.78%.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on RTX. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. UBS Group decreased their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Jefferies Financial Group upgraded shares of RTX from a “hold” rating to a “buy” rating and upped their price objective for the stock from $210.00 to $220.00 in a report on Thursday, June 4th. Finally, Citigroup decreased their price objective on shares of RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $211.38.
View Our Latest Analysis on RTX
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.
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