Ares Financial Consulting LLC Acquires New Position in RTX Corporation $RTX

Key Points

• Ares Financial Consulting LLC purchased a new position of 6,970 shares of RTX in Q4 (~$1.278 million), representing 1.2% of its portfolio and its 18th-largest holding.
• RTX beat Q1 estimates with $1.78 EPS (vs. $1.52) and $22.08B revenue, set FY2026 guidance of 6.60–6.80 EPS, and carries an analyst consensus of "Moderate Buy" with an average target of $206.59.
• Insiders have sold 89,255 shares (~$18.15M) in the past three months (insider ownership now 0.10%), while institutional investors own 86.50% of RTX.

Ares Financial Consulting LLC purchased a new position in RTX Corporation (NYSE:RTX - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 6,970 shares of the company's stock, valued at approximately $1,278,000. RTX comprises 1.2% of Ares Financial Consulting LLC's investment portfolio, making the stock its 18th largest position.

Other hedge funds have also made changes to their positions in the company. BNP Paribas bought a new stake in shares of RTX in the 3rd quarter worth approximately $25,000. Valley Wealth Managers Inc. bought a new position in shares of RTX during the third quarter worth about $30,000. SOA Wealth Advisors LLC. grew its position in shares of 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 acquiring an additional 70 shares during the last quarter. Wexford Capital LP bought a new position in shares of RTX during the third quarter worth about $33,000. Finally, Dogwood Wealth Management LLC grew its position in shares of RTX by 57.3% during the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company's stock worth $34,000 after acquiring an additional 75 shares during the last quarter. Institutional investors own 86.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on RTX shares. DZ Bank lowered shares of RTX from a "hold" rating to a "strong sell" rating in a research report on Friday, February 6th. Wall Street Zen cut RTX from a "strong-buy" rating to a "buy" rating in a report on Sunday. Wolfe Research reaffirmed an "outperform" rating on shares of RTX in a report on Wednesday, February 4th. Wells Fargo & Company initiated coverage on RTX in a report on Wednesday, April 1st. They set an "equal weight" rating and a $200.00 price target on the stock. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of RTX in a report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $206.59.

RTX Trading Down 0.6%

Shares of NYSE:RTX opened at $173.29 on Tuesday. The company has a 50 day moving average of $198.43 and a 200-day moving average of $188.01. The firm has a market cap of $233.36 billion, a P/E ratio of 32.51, a P/E/G ratio of 2.49 and a beta of 0.43. RTX Corporation has a twelve month low of $123.60 and a twelve month 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.

RTX (NYSE:RTX - Get Free Report) last announced its earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm had revenue of $22.08 billion for the quarter, compared to analysts' expectations of $21.38 billion. During the same quarter in the previous year, the company earned $1.47 earnings per share. The firm's quarterly revenue was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, analysts anticipate that RTX Corporation will post 6.85 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, February 20th were paid a dividend of $0.68 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a $2.72 annualized dividend and a yield of 1.6%. RTX's dividend payout ratio (DPR) is currently 51.03%.

Insider Buying and Selling at RTX

In related news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the firm's stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the completion of the transaction, the executive vice president owned 59,556 shares of the company's stock, valued at $12,242,331.36. This trade represents a 37.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 15,124 shares of the business's 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 in the company, valued at $2,698,105.60. The trade was a 53.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 89,255 shares of company stock valued at $18,151,956. Corporate insiders own 0.10% of the company's stock.

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.

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