Thrivent Financial for Lutherans Has $32.71 Million Stock Position in RTX Corporation $RTX

Thrivent Financial for Lutherans grew its position in shares of RTX Corporation (NYSE:RTX) by 206.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 178,360 shares of the company’s stock after acquiring an additional 120,094 shares during the quarter. Thrivent Financial for Lutherans’ holdings in RTX were worth $32,711,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. BNP Paribas bought a new position in RTX in the 3rd quarter valued at $25,000. Navalign LLC purchased a new position in RTX during the fourth quarter valued at approximately $25,000. Valley Wealth Managers Inc. bought a new stake in shares of RTX during the 3rd quarter valued at about $30,000. Wexford Capital LP purchased a new position in shares of RTX during the 3rd quarter valued at about $33,000. Finally, Dogwood Wealth Management LLC raised its holdings in shares of RTX by 57.3% during the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after buying an additional 75 shares in the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.

RTX Stock Performance

Shares of RTX opened at $171.11 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. RTX Corporation has a one year low of $130.90 and a one year high of $214.50. The stock has a 50-day moving average of $191.79 and a two-hundred day moving average of $188.81. The stock has a market cap of $230.43 billion, a P/E ratio of 32.10, a P/E/G ratio of 2.43 and a beta of 0.31.

RTX (NYSE:RTX) last posted its quarterly earnings results 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 return on equity of 13.50% and a net margin of 8.03%.The business had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same period in the prior year, the business earned $1.47 earnings per share. The business’s 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. As a group, research analysts predict that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be issued a dividend of $0.73 per share. This is an increase from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 22nd. RTX’s dividend payout ratio is 51.03%.

Insider Activity at RTX

In other news, EVP Dantaya M. Williams sold 12,713 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the sale, the executive vice president directly owned 16,749 shares of the company’s stock, valued at $3,397,199.67. The trade was a 43.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Ramsaran Maharajh sold 15,124 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the completion of the transaction, the executive vice president owned 13,184 shares in the company, valued at $2,698,105.60. This represents a 53.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 63,592 shares of company stock worth $13,023,502 over the last 90 days. Company insiders own 0.10% of the company’s stock.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s massive $271 billion backlog and diversified aerospace-and-defense portfolio are supporting long-term revenue visibility and order strength. Can RTX’s Massive Backlog Support Long-Term Revenue Growth?
• Positive Sentiment: RTX will get another visibility boost when Chairman and CEO Chris Calio presents at the Bernstein Strategic Decisions Conference later this month, which could help keep investor focus on execution and strategy. RTX Chairman and CEO to present at the 2026 Bernstein Strategic Decisions Conference
• Positive Sentiment: RTX remains heavily searched by investors, signaling elevated market interest ahead of upcoming catalysts and analyst commentary. Investors Heavily Search RTX Corporation (RTX): Here is What You Need to Know
• Neutral Sentiment: Analysts are sending mixed signals: at least one price target was raised to $240, but the broader debate still centers on valuation and execution risk. How The RTX (RTX) Investment Narrative Is Shifting With New Targets And Execution Questions
• Neutral Sentiment: The CEO’s conference appearance is a routine investor-relations event rather than a direct operational update, so it may have limited near-term stock impact. RTX Chairman and CEO to present at the 2026 Bernstein Strategic Decisions Conference
• Negative Sentiment: Some of the recent analyst commentary highlights execution questions and concerns that RTX’s current valuation may already reflect much of the upside, which can pressure sentiment. How The RTX (RTX) Investment Narrative Is Shifting With New Targets And Execution Questions

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on RTX. UBS Group cut their price objective on RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 22nd. DZ Bank cut RTX from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. Sanford C. Bernstein restated a “market perform” rating and issued a $204.00 price target on shares of RTX in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $240.00 target price on shares of RTX in a research report on Thursday, March 5th. Finally, Royal Bank Of Canada increased their price target on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $210.75.

About RTX

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.