Vantus Wealth LLC Invests $671,000 in RTX Corporation $RTX

by · The Markets Daily

Vantus Wealth LLC acquired a new position in RTX Corporation (NYSE:RTX – Free Report) in the fourth quarter, Holdings Channel.com reports. The firm acquired 3,660 shares of the company’s stock, valued at approximately $671,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RTX. BNP Paribas purchased a new position in shares of RTX in the 3rd quarter worth about $25,000. Navalign LLC purchased a new stake in RTX during the 4th quarter valued at about $25,000. Core Wealth Advisors LLC purchased a new stake in RTX during the 4th quarter valued at about $31,000. Wexford Capital LP purchased a new stake in RTX during the 3rd quarter valued at about $33,000. Finally, Dogwood Wealth Management LLC boosted its holdings in 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 acquiring an additional 75 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on RTX shares. Weiss Ratings restated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. Wolfe Research restated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Citigroup dropped their target price on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Morgan Stanley dropped their target price on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Finally, Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, RTX has an average rating of “Moderate Buy” and an average target price of $210.75.

Get Our Latest Research Report on RTX

RTX Trading Down 2.9%

RTX opened at $174.39 on Tuesday. The business has a 50 day simple moving average of $185.52 and a two-hundred day simple moving average of $188.78. The firm has a market capitalization of $234.84 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 2.55 and a beta of 0.31. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. RTX Corporation has a one year low of $135.43 and a one year high of $214.50.

RTX (NYSE:RTX – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. The business had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.RTX’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Analysts predict that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio is currently 54.78%.

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.

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