RTX Corporation $RTX Shares Acquired by Cibc World Market Inc.

Cibc World Market Inc. increased its stake in shares of RTX Corporation (NYSE:RTXFree Report) by 1.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 222,935 shares of the company’s stock after acquiring an additional 3,370 shares during the quarter. Cibc World Market Inc.’s holdings in RTX were worth $37,304,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in shares of RTX by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock valued at $17,825,353,000 after purchasing an additional 2,238,247 shares during the last quarter. State Street Corp increased its position in RTX by 0.5% during the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after buying an additional 552,009 shares during the period. Fisher Asset Management LLC lifted its stake in RTX by 4.2% in the second quarter. Fisher Asset Management LLC now owns 20,599,190 shares of the company’s stock valued at $3,007,894,000 after buying an additional 837,268 shares during the last quarter. Norges Bank acquired a new stake in shares of RTX in the second quarter valued at approximately $2,359,602,000. Finally, Massachusetts Financial Services Co. MA grew its position in shares of RTX by 9.3% during the second quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock worth $2,330,215,000 after acquiring an additional 1,361,071 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on RTX shares. Royal Bank Of Canada upped their price target on shares of RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. UBS Group reaffirmed a “neutral” rating on shares of RTX in a research note on Wednesday, January 28th. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. JPMorgan Chase & Co. upped their price target on RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Finally, TD Cowen restated a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and a consensus price target of $199.50.

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RTX Stock Up 0.7%

Shares of NYSE RTX opened at $196.65 on Thursday. The firm’s 50-day moving average is $189.28 and its two-hundred day moving average is $173.10. The company has a market capitalization of $263.96 billion, a PE ratio of 39.65, a price-to-earnings-growth ratio of 2.82 and a beta of 0.43. RTX Corporation has a 12-month low of $112.27 and a 12-month high of $206.48. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80.

RTX (NYSE:RTXGet Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.08. The firm had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The company’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts anticipate that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 20th will be paid a dividend of $0.68 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s dividend payout ratio (DPR) is presently 54.84%.

About RTX

(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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