Bluebird Wealth Management LLC Purchases New Position in RTX Corporation $RTX

Bluebird Wealth Management LLC purchased a new stake in RTX Corporation (NYSE:RTX - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,575 shares of the company's stock, valued at approximately $1,389,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Retirement Planning Group LLC grew its stake in RTX by 7.8% in the 4th quarter. Retirement Planning Group LLC now owns 10,709 shares of the company's stock valued at $1,964,000 after buying an additional 777 shares during the last quarter. WealthShield Partners LLC grew its stake in RTX by 50.8% in the 4th quarter. WealthShield Partners LLC now owns 4,356 shares of the company's stock valued at $799,000 after buying an additional 1,467 shares during the last quarter. Gateway Investment Advisers LLC grew its position in shares of RTX by 0.3% during the 4th quarter. Gateway Investment Advisers LLC now owns 549,136 shares of the company's stock worth $100,712,000 after purchasing an additional 1,569 shares in the last quarter. Indivisible Partners acquired a new position in shares of RTX during the 4th quarter worth approximately $1,059,000. Finally, Navellier & Associates Inc. grew its position in shares of RTX by 2.2% during the 4th quarter. Navellier & Associates Inc. now owns 3,970 shares of the company's stock worth $728,000 after purchasing an additional 86 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on RTX shares. JPMorgan Chase & Co. increased their target price on shares of RTX from $200.00 to $215.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $240.00 target price on shares of RTX in a research report on Thursday, March 5th. Wolfe Research restated an "outperform" rating on shares of RTX in a research report on Wednesday, February 4th. TD Cowen restated a "buy" rating on shares of RTX in a research report on Tuesday, January 27th. Finally, Jefferies Financial Group decreased their target price on shares of RTX from $225.00 to $210.00 and set a "hold" rating on the stock in a research report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, RTX currently has a consensus rating of "Moderate Buy" and a consensus price target of $206.59.

RTX Stock Performance

Shares of RTX stock opened at $176.93 on Thursday. The company has a 50 day moving average of $195.52 and a 200-day moving average of $188.60. RTX Corporation has a 1-year low of $126.03 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 company has a market cap of $238.27 billion, a PE ratio of 33.20, a price-to-earnings-growth ratio of 2.45 and a beta of 0.31.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.52 by $0.26. The business had revenue of $22.08 billion during 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 firm's revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, equities research analysts forecast that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be paid a $0.73 dividend. This represents a $2.92 annualized dividend 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 payout ratio is currently 51.03%.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: AirAsia ordered 150 Airbus A220s powered by Pratt & Whitney GTF engines and signed a 12‑year EngineWise comprehensive maintenance contract — this boosts Pratt & Whitney (RTX) engine production outlook and adds long‑duration aftermarket service revenue and visibility starting with deliveries in 2028. AirAsia order
• Positive Sentiment: Raytheon was awarded a contract to build 120 SharpSight™ radars — the largest single order for the system to date — supporting Raytheon’s product ramp, expanding addressable markets (maritime/border/coastal surveillance) and adding near‑term revenue/backlog. SharpSight order
• Positive Sentiment: Dividend boost and hedge‑fund attention: RTX raised its quarterly cash dividend to $0.73 (a ~7.4% sequential increase), and the company was highlighted on lists of large‑cap defense buys — these items support investor sentiment and income‑seeking demand. Dividend and hedge funds
• Positive Sentiment: High‑profile endorsement: Media commentary (e.g., Jim Cramer) labeled RTX a strong buy despite recent sell‑offs, which can attract retail flows and reduce selling pressure. Cramer endorsement
• Neutral Sentiment: Record backlog but investor questions: RTX reported a record ~$271B backlog (up ~25% YoY) and noted increased production across Pratt & Whitney, Raytheon and munitions — positive for long‑term revenue but raises execution and supply‑chain/munition replenishment questions; management is engaging suppliers (Ursa Major) to shore up solid rocket motor supply. Backlog and missile defense
• Neutral Sentiment: Consumer "RTX" headlines unrelated to RTX Corp: Several articles about gaming GPUs and NVIDIA’s "RTX" brand are generating market noise but do not reflect RTX Corporation’s business — watch for potential investor confusion but not fundamental impact. GPU headlines

Insiders Place Their Bets

In related news, insider Shane G. Eddy sold 17,527 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Kevin G. Dasilva sold 8,136 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the completion of the transaction, the vice president directly owned 27,102 shares of the company's stock, valued at approximately $5,455,632.60. The trade was a 23.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 89,255 shares of company stock worth $18,151,956 over the last 90 days. Insiders own 0.10% of the company's stock.

RTX 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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