Gateway Wealth Partners LLC Raises Holdings in RTX Corporation $RTX

Gateway Wealth Partners LLC increased its stake in shares of RTX Corporation (NYSE:RTX) by 191.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,237 shares of the company’s stock after acquiring an additional 11,981 shares during the quarter. Gateway Wealth Partners LLC’s holdings in RTX were worth $3,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of RTX. Vanguard Group Inc. grew its holdings in shares of RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after purchasing an additional 2,210,950 shares during the last quarter. State Street Corp boosted its position in RTX by 0.7% during the 4th quarter. State Street Corp now owns 91,884,588 shares of the company’s stock valued at $16,851,633,000 after buying an additional 630,558 shares during the period. Morgan Stanley increased its position in shares of RTX by 0.4% in the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock valued at $5,462,310,000 after acquiring an additional 105,069 shares during the period. Fisher Asset Management LLC raised its stake in shares of RTX by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock valued at $3,998,155,000 after acquiring an additional 625,994 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of RTX in the fourth quarter worth about $3,167,626,000. Institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

Shares of RTX stock opened at $218.63 on Tuesday. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $220.39. The firm has a market capitalization of $294.43 billion, a P/E ratio of 38.49, a P/E/G ratio of 2.84 and a beta of 0.30. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The business has a fifty day simple moving average of $187.93 and a two-hundred day simple moving average of $192.42.

RTX (NYSE:RTX) last released its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. The firm had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company’s revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities analysts forecast that RTX Corporation will post 7.1 earnings per share for the current fiscal year.

RTX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. RTX’s dividend payout ratio (DPR) is currently 51.41%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on RTX shares. TD Cowen upped their target price on RTX from $225.00 to $240.00 and gave the company a “buy” rating in a report on Monday. Robert W. Baird set a $240.00 price target on shares of RTX in a research report on Friday. Jefferies Financial Group set a $250.00 price target on shares of RTX in a research note on Sunday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $238.00 price objective on shares of RTX in a report on Monday. Finally, Susquehanna lifted their price objective on RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $221.53.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Analyst upgrades and higher valuation support momentum. Wall Street upgrades helped propel RTX toward a fourth straight day of gains, reinforcing investor confidence in the company’s earnings outlook. RTX, SIRI Hit Fresh 52-Week Highs Today – What’s Got Investors Buzzing?
• Positive Sentiment: RTX delivered a significant quarterly earnings beat. The company reported adjusted earnings of $1.89 per share versus the $1.66 analyst consensus and revenue of $24.71 billion versus expectations of $22.89 billion. Revenue grew 14.5% year over year, while fiscal 2026 EPS guidance was set at $7.10–$7.25. RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
• Positive Sentiment: Defense demand and backlog trends remain favorable. RTX and other major defense contractors are benefiting from increased investor interest tied to geopolitical tensions, while strong orders and record backlogs improve visibility into future sales. Western defense companies are looking to Ukrainian firms for lessons on how to build in wartime conditions
• Positive Sentiment: Research coverage characterizes RTX as a growth stock. Zacks highlighted the company’s growth characteristics, while separate analysis said the latest results reaffirmed a bullish long-term investment thesis and noted double-beat results across key operating metrics. Here’s Why RTX is a Strong Growth Stock
• Neutral Sentiment: Fresh-high analysis raises the question of valuation. RTX’s earnings, revenue growth and guidance support further upside, but the stock’s climb to a 52-week high means investors may demand continued execution before assigning additional gains. RTX Corporation Hits Fresh High: Is There Still Room to Run?
• Neutral Sentiment: Articles about GeForce RTX graphics cards, gaming-PC discounts and a gamer’s dual-GPU setup concern NVIDIA hardware, not RTX Corporation’s aerospace and defense business, and therefore have no meaningful impact on RTX shares.

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.