D.A. Davidson & CO. Sells 29,538 Shares of RTX Corporation $RTX

D.A. Davidson & CO. decreased its position in shares of RTX Corporation (NYSE:RTX) by 3.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 895,509 shares of the company’s stock after selling 29,538 shares during the period. RTX comprises 1.0% of D.A. Davidson & CO.’s holdings, making the stock its 14th largest holding. D.A. Davidson & CO.’s holdings in RTX were worth $172,744,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in RTX. Navalign LLC bought a new stake in RTX during the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX in the 4th quarter valued at $26,000. Core Wealth Advisors LLC bought a new position in shares of RTX in the 4th quarter valued at $31,000. 1 North Wealth Services LLC raised its holdings in shares of RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after buying an additional 137 shares in the last quarter. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of RTX during the 4th quarter worth $32,000. 86.50% of the stock is owned by institutional investors.

RTX Stock Performance

NYSE:RTX opened at $195.84 on Thursday. The stock has a market cap of $263.73 billion, a P/E ratio of 36.74, a price-to-earnings-growth ratio of 2.65 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. The stock’s 50-day moving average is $183.93 and its 200-day moving average is $191.54. RTX Corporation has a 1-year low of $143.56 and a 1-year high of $214.50.

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 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 analyst estimates of $21.38 billion. During the same quarter last year, the business earned $1.47 EPS. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities research analysts anticipate that RTX Corporation will post 6.92 earnings per share for the current year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders 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 annualized dividend and a dividend yield of 1.5%. RTX’s dividend payout ratio (DPR) is presently 54.78%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Melius Research raised RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Wells Fargo & Company started coverage on shares of RTX in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target on the stock. Erste Group Bank cut shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Citigroup restated a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $211.38.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon completed a key technical milestone for the U.S. Army’s NGSRI program, demonstrating range, accuracy, and lethality in a live system test. That supports RTX’s defense backlog and reinforces its position in missile-defense systems. RTX’s Raytheon completes key milestone for US Army’s Next Generation Short Range Interceptor
• Positive Sentiment: Pratt & Whitney acquired Aiir Innovations to expand AI-powered engine inspections, which could improve maintenance efficiency and strengthen RTX’s global MRO operations across commercial and military engines. RTX’s Pratt & Whitney advances engine inspections with AI-powered technology
• Positive Sentiment: Analyst coverage highlighted RTX’s growing exposure to electronic warfare, with advanced jamming, sensing, and mission systems benefiting from rising global defense spending. Is RTX Strengthening Its Position in the Electronic Warfare Market?
• Neutral Sentiment: RTX was also covered in a market recap noting the stock had fallen in the prior session, which reflects short-term trading pressure rather than a company-specific setback. RTX Stock Falls Amid Market Uptick: What Investors Need to Know

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.