Cerity Partners LLC Has $221.48 Million Position in RTX Corporation $RTX

Cerity Partners LLC increased its stake in shares of RTX Corporation (NYSE:RTX) by 7.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,207,620 shares of the company’s stock after purchasing an additional 79,950 shares during the quarter. Cerity Partners LLC’s holdings in RTX were worth $221,479,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Schulhoff & Co. Inc. lifted its stake in RTX by 1.7% in the fourth quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after acquiring an additional 52 shares during the last quarter. Erste Asset Management GmbH lifted its stake in RTX by 333.9% in the fourth quarter. Erste Asset Management GmbH now owns 32,689 shares of the company’s stock valued at $6,027,000 after acquiring an additional 25,155 shares during the last quarter. CenterBook Partners LP acquired a new stake in RTX in the fourth quarter valued at approximately $518,000. Hilton Head Capital Partners LLC acquired a new stake in RTX in the fourth quarter valued at approximately $894,000. Finally, CNB Bank lifted its stake in RTX by 2.2% in the fourth quarter. CNB Bank now owns 17,298 shares of the company’s stock valued at $3,172,000 after acquiring an additional 372 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon unit said it will invest $100 million to expand its Portsmouth, Rhode Island facility, boosting LTAMDS radar testing capacity and Patriot GEM-T component production. The project is also expected to add about 150 high-tech jobs and supports rising missile-defense demand. RTX invests $100 million to accelerate radar testing and interceptor production in Rhode Island
• Positive Sentiment: RTX also highlighted a separate $1.02 billion NASAMS air-defense contract, reinforcing strong long-term demand for its missile-defense systems and improving visibility for future revenue. RTX Wins A Billion-Dollar Air Defense Contract With Long-Term Visibility
• Neutral Sentiment: Market commentary noted that RTX stock has been declining while the broader market improved, suggesting investors may be taking profits or reacting to broader portfolio rotation rather than a major new company-specific setback. RTX Stock Declines While Market Improves: Some Information for Investors
• Negative Sentiment: Reuters reported that ITA Airways is considering a lawsuit over Pratt & Whitney engine problems, which could keep attention on RTX’s aftermarket engine issues and create legal or repair-cost overhang. Italy’s ITA Airways weighs lawsuit over Pratt & Whitney engine faults

Analyst Upgrades and Downgrades

RTX has been the subject of a number of analyst reports. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Erste Group Bank cut shares of RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Morgan Stanley reduced their target price on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Finally, UBS Group reduced their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and an average target price of $211.38.

RTX Price Performance

Shares of RTX stock opened at $178.51 on Tuesday. The firm has a fifty day simple moving average of $183.75 and a 200-day simple moving average of $188.84. 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 Corporation has a 1-year low of $135.43 and a 1-year high of $214.50. The stock has a market capitalization of $240.39 billion, a price-to-earnings ratio of 33.49, a PEG ratio of 2.57 and a beta of 0.31.

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

RTX Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd will be paid a $0.73 dividend. The ex-dividend date is Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. RTX’s dividend payout ratio is presently 54.78%.

RTX Company 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.