Framtiden Holdings Management Co LLC Makes New $13.76 Million Investment in RTX Corporation $RTX

Framtiden Holdings Management Co LLC bought a new position in RTX Corporation (NYSE:RTX) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 75,000 shares of the company’s stock, valued at approximately $13,755,000. RTX accounts for approximately 14.9% of Framtiden Holdings Management Co LLC’s investment portfolio, making the stock its 4th largest holding.

Other large investors have also recently modified their holdings of the company. BNP Paribas bought a new stake in RTX during the 3rd quarter valued at approximately $25,000. Navalign LLC bought a new position in shares of RTX in the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX in the 4th quarter worth approximately $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX in the 4th quarter valued at approximately $31,000. Finally, 1 North Wealth Services LLC lifted its stake in shares of RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares during the period. Institutional investors own 86.50% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. UBS Group reduced their price target on RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 22nd. Weiss Ratings lowered RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Wells Fargo & Company initiated coverage on shares of RTX in a report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 target price on the stock. Finally, Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $211.38.

RTX Stock Performance

RTX stock opened at $186.07 on Friday. 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 company has a market capitalization of $250.58 billion, a P/E ratio of 34.91, a PEG ratio of 2.73 and a beta of 0.31. The stock’s 50 day moving average is $182.21 and its 200 day moving average is $189.49. RTX Corporation has a twelve month low of $140.47 and a twelve month high of $214.50.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The business had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the previous year, the business earned $1.47 earnings per share. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts predict that RTX Corporation will post 6.91 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 given a $0.73 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. This is a boost from RTX’s previous quarterly dividend of $0.68. RTX’s payout ratio is presently 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.