Independent Financial Group LLC Takes $3.21 Million Position in RTX Corporation $RTX

Independent Financial Group LLC bought a new position in RTX Corporation (NYSE:RTX) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 16,630 shares of the company’s stock, valued at approximately $3,208,000.

Other large investors have also bought and sold shares of the company. Navalign LLC bought a new position in RTX in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of RTX during the fourth quarter worth $26,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the fourth quarter valued at $31,000. 1 North Wealth Services LLC increased its stake in shares of RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after buying an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC bought a new position in shares of RTX in the first quarter valued at about $31,000. 86.50% of the stock is currently owned by institutional investors.

Key RTX News

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 Price Performance

Shares of RTX stock opened at $193.66 on Friday. The stock has a 50-day moving average price of $184.63 and a 200 day moving average price of $191.62. 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 firm 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. RTX Corporation has a 12 month low of $143.56 and a 12 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 for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm 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 business posted $1.47 EPS. The company’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. Research analysts expect that RTX Corporation will post 6.92 EPS for the current year.

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s payout ratio is 54.78%.

Analyst Ratings Changes

A number of brokerages have commented on RTX. Citigroup reissued a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Weiss Ratings cut shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Finally, Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.38.

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.