Gator Capital Management LLC Takes $2.51 Million Position in RTX Corporation $RTX

Key Points

• Gator Capital Management opened a new stake in RTX during the fourth quarter, buying 13,703 shares worth about $2.51 million.
• Institutional ownership remains high, with 86.5% of RTX shares held by institutions and hedge funds; several large investors, including Vanguard and Norges Bank, also added to or initiated positions.
• Analysts remain broadly positive on RTX: the stock has a Moderate Buy consensus rating, even though some price targets were trimmed, and RTX recently reported better-than-expected quarterly earnings and revenue while raising its dividend to $0.73 per share.

Gator Capital Management LLC bought a new position in shares of RTX Corporation (NYSE:RTX - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,703 shares of the company's stock, valued at approximately $2,513,000.

A number of other institutional investors have also added to or reduced their stakes in RTX. Norges Bank acquired a new position in RTX during the fourth quarter worth $3,167,626,000. Vanguard Group Inc. increased its holdings in RTX by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company's stock worth $22,922,464,000 after buying an additional 2,210,950 shares during the last quarter. California Public Employees Retirement System increased its holdings in RTX by 27.5% during the third quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company's stock worth $802,640,000 after buying an additional 1,034,456 shares during the last quarter. Groupama Asset Managment acquired a new position in RTX during the third quarter worth $150,078,000. Finally, Legal & General Group Plc increased its holdings in RTX by 13.4% during the third quarter. Legal & General Group Plc now owns 7,167,501 shares of the company's stock worth $1,199,338,000 after buying an additional 846,656 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Morgan Stanley decreased their price objective on shares of RTX from $235.00 to $220.00 and set an "overweight" rating on the stock in a report on Wednesday, April 22nd. Dbs Bank upgraded shares of RTX from a "hold" rating to a "moderate buy" rating in a report on Wednesday. Citigroup decreased their price objective on shares of RTX from $238.00 to $226.00 and set a "buy" rating on the stock in a report on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $240.00 target price on shares of RTX in a research report on Thursday, March 5th. Finally, Jefferies Financial Group raised RTX from a "hold" rating to a "buy" rating and boosted their price target for the company from $210.00 to $220.00 in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, RTX has a consensus rating of "Moderate Buy" and a consensus price target of $211.38.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: DBS Bank upgraded RTX from “hold” to “moderate buy,” signaling improved confidence in the company’s outlook and valuation.
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, suggesting expectations for stronger earnings ahead. Source article
• Positive Sentiment: RTX’s Collins Aerospace unit is expanding its Malaysia MRO hub with a $63 million investment, which supports long-term service capacity and international growth. Source article
• Positive Sentiment: Recent commentary highlighted RTX as attractive on valuation after defense-contract focus, reinforcing the view that the stock may still have room to rerate if earnings hold up. Source article
• Neutral Sentiment: RTX remains one of the more watched names among investors, with multiple articles discussing defense spending, autonomous systems, and earnings expectations, but these are mostly sentiment and theme-driven rather than direct company-specific catalysts.
• Neutral Sentiment: Several headlines about “RTX” relate to Nvidia’s GeForce RTX graphics products and Microsoft’s AI GPU support, which are unrelated to RTX Corporation and are unlikely to affect the stock directly.

RTX Stock Performance

Shares of RTX stock opened at $183.52 on Friday. The business's 50 day simple moving average is $183.00 and its 200 day simple moving average is $188.99. RTX Corporation has a one year low of $140.47 and a one year high of $214.50. The stock has a market capitalization of $247.14 billion, a PE ratio of 34.43, a PEG ratio of 2.61 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 (NYSE:RTX - Get Free Report) last announced its earnings results 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 for the quarter, compared to analysts' expectations of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm's revenue was up 8.7% on a year-over-year basis. During the same period 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. As a group, research analysts forecast that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, May 22nd. This is a positive change from RTX's previous quarterly dividend of $0.68. RTX's dividend payout ratio (DPR) is currently 54.78%.

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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