6,526 Shares in RTX Corporation $RTX Acquired by WealthSpring Partners LLC

WealthSpring Partners LLC acquired a new stake in shares of RTX Corporation (NYSE:RTX) in the fourth quarter, HoldingsChannel reports. The firm acquired 6,526 shares of the company’s stock, valued at approximately $1,197,000. RTX comprises 1.2% of WealthSpring Partners LLC’s portfolio, making the stock its 20th biggest holding.

Several other hedge funds also recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of RTX during the fourth quarter valued at $3,167,626,000. Vanguard Group Inc. increased its stake in 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 period. California Public Employees Retirement System lifted its holdings in RTX by 27.5% during the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock valued at $802,640,000 after buying an additional 1,034,456 shares in the last quarter. Groupama Asset Managment bought a new stake in RTX during the 3rd quarter valued at about $150,078,000. Finally, Legal & General Group Plc boosted its position in RTX by 13.4% in the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock valued at $1,199,338,000 after buying an additional 846,656 shares during the period. Institutional investors own 86.50% of the company’s stock.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Dbs Bank upgraded RTX from hold to moderate buy, a bullish signal that can support investor confidence in the stock. Zacks.com
• Positive Sentiment: Analysts at Erste Group Bank raised their earnings estimates for RTX for both FY2026 and FY2027, suggesting improved profitability expectations and a potentially stronger valuation outlook.
• Positive Sentiment: RTX’s Collins Aerospace unit announced a $63 million expansion of its Malaysia maintenance, repair and overhaul hub, which should help expand service capacity and capture more airline aftermarket demand. RTX’s Collins Aerospace expands Malaysia MRO hub with $63M investment
• Neutral Sentiment: RTX has also been drawing investor attention on market news and stock-screening platforms, indicating elevated interest but no major new fundamental catalyst on its own. RTX Corporation (RTX) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Several of the other headlines provided were about Nvidia’s RTX-branded products and gaming hardware, which are unrelated to RTX Corporation’s aerospace and defense business and are unlikely to materially help the stock. RTX 5000 is not what it seems!

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Citigroup reduced their price objective on RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. Finally, Morgan Stanley dropped their price target 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 investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $211.38.

RTX Price Performance

Shares of RTX opened at $184.15 on Friday. The company has a 50 day moving average price of $183.23 and a 200-day moving average price of $189.03. RTX Corporation has a fifty-two week low of $140.13 and a fifty-two week high of $214.50. The stock has a market capitalization of $247.98 billion, a PE ratio of 34.55, a PEG ratio of 2.51 and a beta of 0.31. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02.

RTX (NYSE:RTX) last issued 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 company 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 period last year, the company posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts predict that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd were issued a $0.73 dividend. The ex-dividend date was Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. This is a boost from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio (DPR) is 54.78%.

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.