KTF Investments LLC Purchases New Shares in RTX Corporation $RTX

Key Points

• KTF Investments LLC bought a new stake of 100,105 shares in RTX valued at about $18.36 million, representing roughly 3.0% of KTF’s portfolio and making RTX its 13th-largest holding.
• RTX beat Q1 expectations with EPS $1.78 (vs. $1.52 est.) and revenue of $22.08 billion (vs. $21.38 billion est.), and it set FY2026 guidance of 6.600–6.800 EPS (analysts average ~6.85).
• Insiders have sold a total of 89,255 shares (~$18.15M) in the last 90 days and now own 0.10% of the stock, while institutional investors hold about 86.50% of RTX.

KTF Investments LLC purchased a new stake in shares of RTX Corporation (NYSE:RTX - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 100,105 shares of the company's stock, valued at approximately $18,359,000. RTX makes up about 3.0% of KTF Investments LLC's investment portfolio, making the stock its 13th biggest position.

Other hedge funds also recently bought and sold shares of the company. LeConte Wealth Management LLC raised its stake in shares of RTX by 2.3% in the fourth quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company's stock valued at $412,000 after acquiring an additional 51 shares during the period. Rydar Equities Inc. raised its stake in shares of RTX by 0.4% in the fourth quarter. Rydar Equities Inc. now owns 13,524 shares of the company's stock valued at $2,480,000 after acquiring an additional 52 shares during the period. Howard Capital Management Inc. raised its stake in shares of RTX by 0.4% in the fourth quarter. Howard Capital Management Inc. now owns 12,340 shares of the company's stock valued at $2,263,000 after acquiring an additional 53 shares during the period. Purus Wealth Management LLC raised its stake in shares of RTX by 0.4% in the fourth quarter. Purus Wealth Management LLC now owns 14,722 shares of the company's stock valued at $2,700,000 after acquiring an additional 53 shares during the period. Finally, Innova Wealth Partners raised its stake in shares of RTX by 3.5% in the fourth quarter. Innova Wealth Partners now owns 1,597 shares of the company's stock valued at $293,000 after acquiring an additional 54 shares during the period. Hedge funds and other institutional investors own 86.50% of the company's stock.

RTX Trading Down 0.6%

RTX stock opened at $173.29 on Tuesday. The company has a market capitalization of $233.36 billion, a PE ratio of 32.51, a P/E/G ratio of 2.49 and a beta of 0.43. RTX Corporation has a 12 month low of $123.60 and a 12 month high of $214.50. The firm's 50-day moving average is $198.43 and its 200 day moving average is $188.01. 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 posted its quarterly 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. The company had revenue of $22.08 billion for 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 last year, the firm posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, research analysts anticipate that RTX Corporation will post 6.85 EPS for the current year.

RTX Announces Dividend

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

Insider Buying and Selling

In other RTX news, EVP Ramsaran Maharajh sold 15,124 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the transaction, the executive vice president directly owned 13,184 shares in the company, valued at $2,698,105.60. This represents a 53.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the 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 transaction, the executive vice president owned 59,556 shares in the company, valued at approximately $12,242,331.36. The trade was a 37.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 89,255 shares of company stock worth $18,151,956 over the last ninety days. 0.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on RTX shares. Royal Bank Of Canada increased their target price on shares of RTX from $220.00 to $230.00 and gave the company an "outperform" rating in a research note on Wednesday, January 28th. UBS Group reduced their target price on shares of RTX from $209.00 to $199.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 22nd. Melius Research raised shares of RTX from a "hold" rating to a "buy" rating in a research note on Thursday, April 2nd. Wall Street Zen downgraded shares of RTX from a "strong-buy" rating to a "buy" rating in a research note on Sunday. Finally, Robert W. Baird set a $225.00 target price on shares of RTX in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, RTX has an average rating of "Moderate Buy" and an average target price of $206.59.

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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