9,568 Shares in RTX Corporation $RTX Acquired by Marble Wealth LLC

by · The Markets Daily

Marble Wealth LLC acquired a new position in shares of RTX Corporation (NYSE:RTXFree Report) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 9,568 shares of the company’s stock, valued at approximately $1,755,000.

A number of other institutional investors have also recently added to or reduced their stakes in RTX. Norges Bank purchased a new position in RTX during the fourth quarter worth approximately $3,167,626,000. Vanguard Group Inc. raised its position in RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after purchasing an additional 2,210,950 shares during the period. California Public Employees Retirement System raised its position in RTX by 27.5% in the third quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock valued at $802,640,000 after purchasing an additional 1,034,456 shares during the period. Groupama Asset Managment purchased a new stake in RTX in the third quarter valued at $150,078,000. Finally, Legal & General Group Plc raised its position in RTX by 13.4% in the third quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock valued at $1,199,338,000 after purchasing an additional 846,656 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Jefferies Financial Group reduced their target price on RTX from $225.00 to $210.00 and set a “hold” rating on the stock in a research report on Monday, April 13th. Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. DZ Bank downgraded RTX from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. Finally, Morgan Stanley reduced their target price on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $210.75.

View Our Latest Report on RTX

RTX Price Performance

RTX stock opened at $174.17 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $234.55 billion, a PE ratio of 32.68, a P/E/G ratio of 2.47 and a beta of 0.31. RTX Corporation has a 12-month low of $135.43 and a 12-month high of $214.50. The business’s fifty day moving average price is $185.52 and its 200 day moving average price is $188.78.

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

RTX Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be issued a $0.73 dividend. The ex-dividend date is Friday, May 22nd. This represents a $2.92 annualized dividend and a dividend yield of 1.7%. This is a boost from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio (DPR) is presently 54.78%.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: Collins Aerospace expanded its Poland facility, lifting landing gear production capacity by nearly 25% and adding about 190 jobs, which should support RTX’s commercial and defense backlog execution. Article link
  • Positive Sentiment: Analysts and market commentary say RTX has outperformed its industry over the past six months, helped by contract wins, technology advances, and rising earnings estimates. Article link
  • Neutral Sentiment: RTX has also been mentioned in valuation-focused coverage, with investors debating whether the stock’s recent gains leave limited near-term upside despite solid fundamentals. Article link

About RTX

(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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