RTX Corporation $RTX Shares Acquired by Entropy Technologies LP

Entropy Technologies LP boosted its stake in RTX Corporation (NYSE:RTXFree Report) by 194.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 65,209 shares of the company’s stock after buying an additional 43,052 shares during the period. Entropy Technologies LP’s holdings in RTX were worth $12,579,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Navalign LLC bought a new position in shares of RTX in the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of RTX during the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC bought a new stake in RTX during the fourth quarter worth approximately $31,000. 1 North Wealth Services LLC raised its holdings in RTX by 456.7% during the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC acquired a new stake in RTX in the first quarter worth approximately $31,000. 86.50% of the stock is currently owned by institutional investors.

More RTX News

Here are the key news stories impacting RTX this week:

Analysts Set New Price Targets

Several equities analysts have recently issued reports on RTX shares. Jefferies Financial Group reiterated a “buy” rating on shares of RTX in a research report on Wednesday, July 8th. Morgan Stanley restated an “overweight” rating and issued a $240.00 price objective on shares of RTX in a report on Friday. Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Royal Bank Of Canada boosted their price target on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $218.62.

Get Our Latest Stock Analysis on RTX

RTX Trading Up 1.9%

RTX stock opened at $213.09 on Friday. The firm has a market cap of $286.97 billion, a price-to-earnings ratio of 37.52, a price-to-earnings-growth ratio of 2.76 and a beta of 0.30. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $214.89. The firm’s 50 day moving average price is $187.08 and its two-hundred day moving average price is $192.19. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. The company had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter 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, research analysts predict that RTX Corporation will post 7.18 EPS for the current fiscal year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders 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 dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio is currently 51.41%.

RTX Profile

(Free Report)

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.

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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