Czech National Bank Boosts Holdings in RTX Corporation $RTX

Czech National Bank raised its position in RTX Corporation (NYSE:RTXFree Report) by 4.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 353,541 shares of the company’s stock after purchasing an additional 13,579 shares during the period. Czech National Bank’s holdings in RTX were worth $64,839,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. BNP Paribas purchased a new stake in shares of RTX in the third quarter worth $25,000. Valley Wealth Managers Inc. purchased a new position in RTX during the third quarter worth about $30,000. SOA Wealth Advisors LLC. grew its position in RTX by 57.4% during the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after buying an additional 70 shares in the last quarter. Wexford Capital LP bought a new position in RTX in the 3rd quarter worth about $33,000. Finally, Dogwood Wealth Management LLC raised its holdings in shares of RTX by 57.3% in the 3rd quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock valued at $34,000 after acquiring an additional 75 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on RTX. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. Citigroup raised their target price on shares of RTX from $227.00 to $238.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Royal Bank Of Canada lifted their target price 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. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 price target on shares of RTX in a research note on Thursday, March 5th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and an average price target of $202.00.

Read Our Latest Stock Report on RTX

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

RTX Stock Performance

NYSE RTX opened at $195.07 on Thursday. The company has a 50-day simple moving average of $201.06 and a two-hundred day simple moving average of $182.72. RTX Corporation has a 12-month low of $112.27 and a 12-month high of $214.50. The firm has a market cap of $262.56 billion, a price-to-earnings ratio of 39.33, a PEG ratio of 2.81 and a beta of 0.42. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51.

RTX (NYSE:RTXGet Free Report) last released its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. The company had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.RTX’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts forecast that RTX Corporation will post 6.11 EPS for the current year.

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were given a $0.68 dividend. The ex-dividend date was Friday, February 20th. This represents a $2.72 annualized dividend and a yield of 1.4%. RTX’s payout ratio is presently 54.84%.

Insider Transactions at RTX

In other news, EVP Ramsaran Maharajh sold 15,124 shares of the stock in a transaction that occurred 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 sale, the executive vice president owned 13,184 shares of the company’s stock, valued at approximately $2,698,105.60. This represents a 53.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Shane G. Eddy sold 17,527 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 89,255 shares of company stock valued at $18,151,956. Insiders own 0.10% of the company’s stock.

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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