California Public Employees Retirement System Sells 132,648 Shares of RTX Corporation $RTX

California Public Employees Retirement System cut its holdings in shares of RTX Corporation (NYSE:RTX) by 4.5% during the first quarter, HoldingsChannel.com reports. The firm owned 2,820,225 shares of the company’s stock after selling 132,648 shares during the quarter. California Public Employees Retirement System’s holdings in RTX were worth $544,021,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Navalign LLC bought a new position in RTX in the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of RTX during the 4th quarter valued at $26,000. Evergreen Advisors LLC acquired a new position in shares of RTX in the 1st quarter valued at $31,000. Core Wealth Advisors LLC acquired a new position in shares of RTX in the 4th quarter valued at $31,000. Finally, 1 North Wealth Services LLC boosted its position 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 worth $31,000 after purchasing an additional 137 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon unit is expanding its footprint in fighter aircraft programs by supplying advanced avionics, sensors, electronic warfare systems and precision weapons, reinforcing its role in key U.S. defense platforms. Article Title
• Positive Sentiment: RTX’s Pratt & Whitney unit is advancing AI-enabled engine inspection capabilities through a deal with Aiir Innovations, which could improve maintenance efficiency and support higher-margin aftermarket services. Article Title
• Positive Sentiment: Investors are also looking ahead to RTX’s upcoming earnings report, with Wall Street expecting earnings growth and the possibility of another beat, which can support sentiment into the print. Article Title
• Neutral Sentiment: Recent reports about NVIDIA’s GeForce RTX gaming GPUs, including launch delays, hotspot temperature issues and SEGA collaborations, do not appear to be material drivers for RTX Corporation’s stock and are likely to be a naming coincidence.

RTX Stock Down 0.4%

NYSE:RTX opened at $193.66 on Friday. RTX Corporation has a 1 year low of $143.56 and a 1 year high of $214.50. The stock has a 50-day moving average price of $184.63 and a two-hundred day moving average price of $191.62. The stock has a market cap of $260.80 billion, a price-to-earnings ratio of 36.33, a PEG ratio of 2.66 and a beta of 0.30. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48.

RTX (NYSE:RTX) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping 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 company had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same quarter last year, the firm posted $1.47 earnings per share. RTX’s 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. As a group, equities analysts expect that RTX Corporation will post 6.92 earnings per share for the current year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a dividend of $0.73 per share. 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 54.78%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on RTX shares. Wells Fargo & Company began coverage on RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price objective for the company. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Citigroup reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Finally, Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.