Broderick Brian C Purchases 2,824 Shares of RTX Corporation $RTX

Broderick Brian C lifted its position in RTX Corporation (NYSE:RTX) by 2.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 108,451 shares of the company’s stock after purchasing an additional 2,824 shares during the quarter. RTX accounts for approximately 3.9% of Broderick Brian C’s holdings, making the stock its 6th biggest holding. Broderick Brian C’s holdings in RTX were worth $20,920,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in RTX. World Investment Advisors increased its stake in shares of RTX by 8.7% in the fourth quarter. World Investment Advisors now owns 62,448 shares of the company’s stock valued at $11,453,000 after buying an additional 5,020 shares in the last quarter. Milestone Asset Management Group LLC lifted its position in RTX by 34.7% during the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after buying an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC bought a new stake in RTX during the 4th quarter worth about $2,308,000. Truist Financial Corp grew its holdings in RTX by 2.3% during the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after acquiring an additional 53,045 shares during the last quarter. Finally, Wealth Science Advisors LLC acquired a new stake in RTX in the 4th quarter valued at about $1,439,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon unit is expanding its footprint in fighter aircraft programs by supplying advanced avionics, sensors, electronic warfare systems and precision weapons, reinforcing its role in key U.S. defense platforms. Article Title
• Positive Sentiment: RTX’s Pratt & Whitney unit is advancing AI-enabled engine inspection capabilities through a deal with Aiir Innovations, which could improve maintenance efficiency and support higher-margin aftermarket services. Article Title
• Positive Sentiment: Investors are also looking ahead to RTX’s upcoming earnings report, with Wall Street expecting earnings growth and the possibility of another beat, which can support sentiment into the print. Article Title
• Neutral Sentiment: Recent reports about NVIDIA’s GeForce RTX gaming GPUs, including launch delays, hotspot temperature issues and SEGA collaborations, do not appear to be material drivers for RTX Corporation’s stock and are likely to be a naming coincidence.

RTX Stock Performance

Shares of NYSE:RTX opened at $193.66 on Monday. The stock has a market capitalization of $260.80 billion, a P/E ratio of 36.33, a P/E/G ratio of 2.65 and a beta of 0.30. RTX Corporation has a 1-year low of $143.56 and a 1-year high of $214.50. The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The business has a 50-day moving average price of $184.63 and a two-hundred day moving average price of $191.67.

RTX (NYSE:RTX) last released its 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. The company had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The company’s revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts predict that RTX Corporation will post 6.92 earnings per share for the current year.

RTX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is currently 54.78%.

Analyst Ratings Changes

RTX has been the subject of a number of research analyst reports. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Jefferies Financial Group reissued a “buy” rating on shares of RTX in a research note on Wednesday, July 8th. Morgan Stanley lowered their price target on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Citigroup restated a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Finally, Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. 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 given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.38.

RTX Company Profile

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.