D.A. Davidson & CO. Has $172.74 Million Stake in RTX Corporation $RTX

Key Points

• D.A. Davidson & Co. trimmed its RTX stake by 3.2% in the first quarter, but still held 895,509 shares worth about $172.7 million, making RTX its 14th-largest holding.
• RTX reported better-than-expected quarterly results, with EPS of $1.78 versus $1.52 expected and revenue of $22.08 billion, up 8.7% year over year. The company also reaffirmed growth outlook with FY2026 EPS guidance of $6.60 to $6.80.
• Recent updates were mostly positive, including a Raytheon milestone in the U.S. Army’s NGSRI program and Pratt & Whitney’s AI-focused acquisition to improve engine inspections. RTX also declared a quarterly dividend of $0.73 per share.

D.A. Davidson & CO. reduced its holdings in shares of RTX Corporation (NYSE:RTX - Free Report) by 3.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 895,509 shares of the company's stock after selling 29,538 shares during the quarter. RTX makes up about 1.0% of D.A. Davidson & CO.'s portfolio, making the stock its 14th biggest holding. D.A. Davidson & CO. owned 0.07% of RTX worth $172,744,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Navalign LLC bought a new stake in shares of RTX during the 4th quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new stake in RTX during the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC acquired a new stake in RTX during the fourth quarter worth approximately $31,000. 1 North Wealth Services LLC boosted its holdings in shares of RTX by 456.7% during the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company's stock worth $31,000 after acquiring an additional 137 shares during the period. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of RTX in the fourth quarter valued at approximately $32,000. 86.50% of the stock is owned by institutional investors and hedge funds.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon completed a key technical milestone for the U.S. Army’s NGSRI program, demonstrating range, accuracy, and lethality in a live system test. That supports RTX’s defense backlog and reinforces its position in missile-defense systems. RTX's Raytheon completes key milestone for US Army's Next Generation Short Range Interceptor
• Positive Sentiment: Pratt & Whitney acquired Aiir Innovations to expand AI-powered engine inspections, which could improve maintenance efficiency and strengthen RTX’s global MRO operations across commercial and military engines. RTX's Pratt & Whitney advances engine inspections with AI-powered technology
• Positive Sentiment: Analyst coverage highlighted RTX’s growing exposure to electronic warfare, with advanced jamming, sensing, and mission systems benefiting from rising global defense spending. Is RTX Strengthening Its Position in the Electronic Warfare Market?
• Neutral Sentiment: RTX was also covered in a market recap noting the stock had fallen in the prior session, which reflects short-term trading pressure rather than a company-specific setback. RTX Stock Falls Amid Market Uptick: What Investors Need to Know

RTX Stock Up 1.3%

NYSE RTX opened at $195.84 on Thursday. 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 $263.73 billion, a price-to-earnings ratio of 36.74, a PEG ratio of 2.65 and a beta of 0.30. The company has a 50 day moving average of $183.93 and a 200-day moving average of $191.54. RTX Corporation has a 1-year low of $143.56 and a 1-year high of $214.50.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.52 by $0.26. The business had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm's quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts expect that RTX Corporation will post 6.92 earnings per share for the current fiscal year.

RTX Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.5%. RTX's dividend payout ratio (DPR) is presently 54.78%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on RTX. Citigroup reiterated a "buy" rating on shares of RTX in a research note on Wednesday, June 17th. Wall Street Zen lowered RTX from a "strong-buy" rating to a "buy" rating in a report on Sunday, April 26th. UBS Group lowered their price objective on RTX from $209.00 to $199.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 22nd. Weiss Ratings downgraded RTX from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, June 11th. Finally, Morgan Stanley reduced their target price on shares of RTX from $235.00 to $220.00 and set an "overweight" rating for the company in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $211.38.

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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