Aristotle Atlantic Partners LLC Makes New $579,000 Investment in RTX Corporation $RTX

Aristotle Atlantic Partners LLC purchased a new stake in shares of RTX Corporation (NYSE:RTXFree Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,000 shares of the company’s stock, valued at approximately $579,000.

Other hedge funds 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 4th quarter worth $26,000. Evergreen Advisors LLC bought a new stake in shares of RTX during the 1st quarter worth $31,000. Core Wealth Advisors LLC purchased a new position in shares of RTX in the 4th quarter worth about $31,000. Finally, 1 North Wealth Services LLC boosted its holdings in shares of RTX by 456.7% in 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 during the last quarter. 86.50% of the stock is currently owned by institutional investors.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

Analyst Upgrades and Downgrades

RTX has been the topic of several research reports. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Citigroup reissued a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Wells Fargo & Company raised their price target on shares of RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Friday. Royal Bank Of Canada raised their price target on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of RTX in a research note on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and an average price target of $218.62.

View Our Latest Research Report on RTX

RTX Trading Up 1.9%

NYSE:RTX opened at $213.09 on Friday. The company has a market cap of $286.97 billion, a P/E ratio of 37.52, a P/E/G ratio of 2.81 and a beta of 0.30. The stock’s fifty day moving average price is $187.08 and its two-hundred day moving average price is $192.19. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $214.89. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78.

RTX (NYSE:RTXGet Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. During the same quarter in the prior year, the firm posted $1.56 EPS. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, analysts expect that RTX Corporation will post 7.1 EPS for the current year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio is presently 51.41%.

RTX Company 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.

See Also

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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