First Horizon Corp Has $7.75 Million Stock Position in RTX Corporation $RTX

First Horizon Corp grew its stake in shares of RTX Corporation (NYSE:RTX) by 37.8% in the first quarter, HoldingsChannel.com reports. The firm owned 40,162 shares of the company’s stock after purchasing an additional 11,021 shares during the period. First Horizon Corp’s holdings in RTX were worth $7,747,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mosaic Family Wealth Partners LLC increased its stake in RTX by 80.1% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 4,849 shares of the company’s stock valued at $935,000 after buying an additional 2,157 shares during the last quarter. Resona Asset Management Co. Ltd. raised its stake in shares of RTX by 2.2% in the first quarter. Resona Asset Management Co. Ltd. now owns 416,026 shares of the company’s stock valued at $79,813,000 after buying an additional 9,135 shares during the period. CFS Investment Advisory Services LLC lifted its holdings in RTX by 1.6% during the first quarter. CFS Investment Advisory Services LLC now owns 8,740 shares of the company’s stock valued at $1,717,000 after purchasing an additional 134 shares during the last quarter. Seelaus Asset Management LLC bought a new stake in shares of RTX in the first quarter valued at approximately $206,000. Finally, Sageworth Trust Co raised its holdings in RTX by 54.4% during the 1st quarter. Sageworth Trust Co now owns 5,050 shares of the company’s stock valued at $974,000 after acquiring an additional 1,780 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX is expanding European missile production through its Raytheon unit, including work with NATO and Diehl Defence to strengthen the missile supply chain and potentially double Stinger output. RTX Expands European Missile Production With NATO And Diehl Defence
• Positive Sentiment: RTX was named as one of the aerospace-defense stocks to watch as defense spending and aviation demand remain strong, reinforcing the bull case for the sector. 3 Aerospace-Defense Stocks to Buy Amid Strong Industry Tailwinds
• Positive Sentiment: Collins Aerospace opened a fully operational UK Engineering Center of Excellence, which should support next-generation aircraft systems development and certification work. RTX’s Collins Aerospace opens UK Engineering Center of Excellence
• Neutral Sentiment: Brokerage coverage continues to rate RTX as a “Moderate Buy,” suggesting Wall Street remains constructive but not materially changing the outlook today. RTX Receives Consensus Recommendation of Moderate Buy
• Neutral Sentiment: RTX was recently flagged as a trending stock by Zacks, but the piece is more of a readership/attention note than a clear operational catalyst. Is Trending Stock RTX Corporation (RTX) a Buy Now?
• Negative Sentiment: RTX saw a sharper one-day decline than the broader market in the most recent session, which may reflect profit-taking after the stock’s strong run. RTX Registers a Bigger Fall Than the Market: Important Facts to Note

RTX Stock Performance

RTX stock opened at $194.99 on Friday. RTX Corporation has a twelve month low of $143.56 and a twelve month high of $214.50. 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’s 50 day moving average is $182.26 and its 200 day moving average is $191.27. The company has a market capitalization of $262.59 billion, a P/E ratio of 36.58, a PEG ratio of 2.76 and a beta of 0.30.

RTX (NYSE:RTX) last posted 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. The firm had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.RTX’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts predict that RTX Corporation will post 6.92 earnings per share for the current fiscal year.

RTX Dividend Announcement

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 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio (DPR) is presently 54.78%.

Analyst Ratings Changes

RTX has been the topic of a number of recent analyst reports. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Jefferies Financial Group reaffirmed a “buy” rating on shares of RTX in a report on Wednesday. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Finally, Citigroup reissued a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. 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 given a Sell rating to the company. According to MarketBeat, RTX presently has an average rating of “Moderate Buy” and a consensus target price of $211.38.

RTX Profile

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.