Entropy Technologies LP grew its position in RTX Corporation (NYSE:RTX – Free Report) by 194.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,209 shares of the company’s stock after acquiring an additional 43,052 shares during the quarter. Entropy Technologies LP’s holdings in RTX were worth $12,579,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in RTX during the fourth quarter valued at $3,167,626,000. Auto Owners Insurance Co raised its holdings in shares of RTX by 24,730.9% during the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after purchasing an additional 10,062,269 shares during the period. Vanguard Group Inc. lifted its position in shares of RTX by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after buying an additional 2,210,950 shares during the last quarter. Artisan Partners Limited Partnership lifted its position in shares of RTX by 1,545.1% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock worth $316,128,000 after buying an additional 1,618,933 shares during the last quarter. Finally, Amundi boosted its holdings in shares of RTX by 49.1% in the 4th quarter. Amundi now owns 4,402,120 shares of the company’s stock valued at $807,349,000 after buying an additional 1,450,596 shares during the period. 86.50% of the stock is currently owned by institutional investors.
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX reported better-than-expected Q2 adjusted EPS of $1.89 on revenue of $24.71 billion, topping Wall Street estimates and showing 14.5% year-over-year revenue growth. RTX Beats on Q2 Earnings, Lifts Full-Year 2026 Guidance
- Positive Sentiment: The company raised full-year 2026 guidance for sales, EPS, and free cash flow, signaling management sees momentum continuing into the rest of the year. RTX Reports Q2 2026 Results
- Positive Sentiment: RTX highlighted a record $289 billion backlog and more than $5 billion in Patriot-related bookings, including its first U.S. Patriot order in over 30 years, reinforcing strong demand for missile and defense systems. QUICK SPARK: RTX Just Received Its First US Patriot Order in 30 Years
- Positive Sentiment: Several analysts turned more constructive, with RBC and Morgan Stanley pointing to stronger aerospace and defense demand, margin upside, and additional growth potential through 2027. RTX Q2 Results Beat Expectations on Strong Aerospace, Defense Demand, RBC Says
- Neutral Sentiment: Wells Fargo raised its price target on RTX, but kept an “equal weight” rating, suggesting a more balanced view despite the improved outlook.
- Negative Sentiment: Some commentary noted potential headwinds tied to geopolitical risks and execution challenges, which could limit upside if defense demand or operations soften. RTX Stock Rises After Strong Earnings but Faces Two Iran War Headwinds
RTX Stock Up 1.9%
RTX (NYSE:RTX – Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same period in the previous year, the business posted $1.56 EPS. RTX’s revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, sell-side analysts predict that RTX Corporation will post 7.18 EPS for the current year.
RTX Announces Dividend
The firm also recently disclosed 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. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio is 51.41%.
Analyst Ratings Changes
A number of brokerages recently weighed in on RTX. Weiss Ratings downgraded shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Jefferies Financial Group reaffirmed a “buy” rating on shares of RTX in a report on Wednesday, July 8th. 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 report on Wednesday, June 10th. 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 currently has a consensus rating of “Moderate Buy” and an average target price of $218.62.
Read 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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