Catalyst Investment Management LLC Invests $870,000 in RTX Corporation $RTX

Catalyst Investment Management LLC acquired a new position in RTX Corporation (NYSE:RTX) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 4,742 shares of the company’s stock, valued at approximately $870,000. RTX makes up about 0.8% of Catalyst Investment Management LLC’s holdings, making the stock its 29th largest holding.

Other large investors have also recently added to or reduced their stakes in the company. Navalign LLC purchased a new stake in shares of RTX in the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of RTX during the 4th quarter worth approximately $26,000. BNP Paribas purchased a new position in shares of RTX during the 3rd quarter worth approximately $25,000. Core Wealth Advisors LLC acquired a new position in shares of RTX during the 4th quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC raised its position in shares of RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 137 shares during the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

RTX has been the topic of a number of recent research reports. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Morgan Stanley dropped their price target on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 price target on shares of RTX in a report on Thursday, March 5th. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Finally, Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. One investment 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $211.38.

RTX Stock Performance

Shares of RTX opened at $186.07 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. The company has a market capitalization of $250.58 billion, a price-to-earnings ratio of 34.91, a PEG ratio of 2.73 and a beta of 0.31. The company’s 50 day simple moving average is $182.21 and its 200 day simple moving average is $189.49. RTX Corporation has a 1 year low of $140.47 and a 1 year high of $214.50.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. The firm 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%. RTX’s revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, sell-side analysts predict that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. This is a positive change from RTX’s previous quarterly dividend of $0.68. The ex-dividend date was Friday, May 22nd. RTX’s payout ratio is 54.78%.

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.