TCI Wealth Advisors Inc. Makes New $1.25 Million Investment in RTX Corporation $RTX

Key Points

• TCI Wealth Advisors initiated a new position in RTX during the first quarter, buying 6,505 shares valued at about $1.25 million.
• Institutional interest in RTX remains strong, with multiple hedge funds increasing stakes and 86.5% of the stock now held by hedge funds and other institutional investors.
• Analyst sentiment is still constructive: RTX carries a Moderate Buy consensus rating, and the company recently beat earnings estimates while also maintaining a quarterly dividend of $0.73 per share.

TCI Wealth Advisors Inc. bought a new position in RTX Corporation (NYSE:RTX - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund bought 6,505 shares of the company's stock, valued at approximately $1,255,000.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in shares of RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company's stock valued at $1,969,000 after purchasing an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company's stock valued at $564,000 after purchasing an additional 159 shares during the last quarter. United Bank raised its holdings in RTX by 68.0% during the 2nd quarter. United Bank now owns 10,202 shares of the company's stock valued at $1,490,000 after buying an additional 4,131 shares during the period. Schnieders Capital Management LLC. raised its holdings in RTX by 3.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company's stock valued at $3,052,000 after buying an additional 623 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new stake in RTX in the second quarter worth $5,157,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on RTX. Jefferies Financial Group raised shares of RTX from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $210.00 to $220.00 in a research note on Thursday, June 4th. Morgan Stanley reduced their target price on shares of RTX from $235.00 to $220.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 22nd. Melius Research upgraded shares of RTX from a "hold" rating to a "buy" rating in a report on Thursday, April 2nd. UBS Group dropped their price target on shares of RTX from $209.00 to $199.00 and set a "neutral" rating for the company in a research note on Wednesday, April 22nd. Finally, Erste Group Bank downgraded shares of RTX from a "buy" rating to a "hold" rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $211.38.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX shares advanced after Raytheon was awarded a $1.1 billion U.S. Navy contract to produce AIM-9X Block II missiles, reinforcing the company’s defense backlog and near-term revenue visibility. Why RTX (RTX) Stock Is Up Today
• Positive Sentiment: Investors are also reacting to reports of a bullish thesis on RTX, with some analysts arguing the stock remains attractive despite its recent gains and premium valuation. Is RTX Corporation (RTX) A Good Stock To Buy Now?
• Positive Sentiment: Wall Street commentary remains constructive, with broker recommendations and analyst optimism pointing to continued interest in RTX as a portfolio holding ahead of earnings. Is RTX (RTX) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: RTX is approaching its Q2 2026 earnings report, and analysts expect only single-digit bottom-line growth; results will likely determine whether the recent momentum extends. What to Expect From RTX Corporation's Q2 2026 Earnings Report
• Neutral Sentiment: Recent coverage about RTX’s post-earnings trading and valuation suggests the shares are being watched closely, but it does not point to a major new catalyst on its own. RTX (RTX): Buy, Sell, or Hold Post Q1 Earnings?
• Negative Sentiment: Some articles raise the possibility that RTX’s valuation is getting rich after a strong six-month run, which could limit upside if upcoming earnings or contract news disappoint. Is RTX (RTX) a Buy as Wall Street Analysts Look Optimistic?

RTX Stock Performance

Shares of RTX stock opened at $198.88 on Friday. The stock's fifty day moving average is $180.46 and its two-hundred day moving average is $190.67. The company has a market capitalization of $267.83 billion, a PE ratio of 37.31, a price-to-earnings-growth ratio of 2.82 and a beta of 0.30. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. RTX Corporation has a 52 week low of $142.98 and a 52 week high of $214.50.

RTX (NYSE:RTX - Get Free Report) last released its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping 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 return on equity of 13.50% and a net margin of 8.03%.The business's revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period last year, the company earned $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, analysts expect that RTX Corporation will post 6.91 earnings per share for the current year.

RTX Dividend Announcement

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

About RTX

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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