Woodard & Co. Asset Management Group Inc. ADV Takes $1.69 Million Position in RTX Corporation $RTX

Key Points

• Woodard & Co. Asset Management Group Inc. ADV initiated a position in RTX, buying 9,231 shares worth approximately $1.693 million during the fourth quarter.
• RTX beat Q1 estimates, reporting $1.78 EPS versus $1.52 expected and $22.08 billion in revenue versus $21.38 billion, and issued FY2026 guidance of $6.60–6.80 EPS (consensus ≈ 6.91).
• Dividend hike and contract wins: the board raised the quarterly dividend to $0.73 (from $0.68), payable June 11 (ex-dividend May 22), while RTX also secured a $206.2M Navy contract and selection for a U.S. Space Force missile‑interceptor prototype program.

Woodard & Co. Asset Management Group Inc. ADV 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 SEC. The firm purchased 9,231 shares of the company's stock, valued at approximately $1,693,000.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of RTX by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company's stock worth $22,922,464,000 after purchasing an additional 2,210,950 shares during the period. California Public Employees Retirement System lifted its stake in shares of RTX by 27.5% in the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company's stock worth $802,640,000 after purchasing an additional 1,034,456 shares during the period. Groupama Asset Managment bought a new position in shares of RTX in the 3rd quarter worth approximately $150,078,000. Legal & General Group Plc lifted its stake in shares of RTX by 13.4% in the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company's stock worth $1,199,338,000 after purchasing an additional 846,656 shares during the period. Finally, Capital Research Global Investors lifted its stake in shares of RTX by 1.1% in the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company's stock worth $12,750,087,000 after purchasing an additional 799,155 shares during the period. Hedge funds and other institutional investors own 86.50% of the company's stock.

RTX Stock Performance

RTX opened at $174.20 on Friday. The firm has a market cap of $234.60 billion, a P/E ratio of 32.68, a PEG ratio of 2.47 and a beta of 0.31. RTX Corporation has a 1-year low of $126.03 and a 1-year high of $214.50. The company has a 50 day simple moving average of $196.65 and a two-hundred day simple moving average of $188.15. 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 earnings per share for the quarter, topping analysts' consensus estimates of $1.52 by $0.26. The business had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The company'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. Equities analysts forecast that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be given a $0.73 dividend. The ex-dividend date is Friday, May 22nd. This is an increase from RTX's previous quarterly dividend of $0.68. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.7%. RTX's dividend payout ratio (DPR) is currently 51.03%.

Insiders Place Their Bets

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company's stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the completion of the transaction, the executive vice president directly owned 59,556 shares in the company, valued at $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Kevin G. Dasilva sold 8,136 shares of the company's stock in a transaction that occurred on Friday, February 13th. The stock was 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 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 89,255 shares of company stock valued at $18,151,956. Insiders own 0.10% of the company's stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Board raised the quarterly cash dividend to $0.73 (7.4% increase vs prior quarter); ex-dividend/record/payable: May 22 / May 22 / June 11. The raise supports income investors and signals cash-flow confidence. Article Title
• Positive Sentiment: Won a $206.2M Navy contract to upgrade GPS-based aircraft landing systems — a clear, near-term revenue and backlog boost in defense avionics work. Defense contracts typically support predictable revenue streams. Article Title
• Positive Sentiment: Named a global innovation leader and selected by the U.S. Space Force for missile-interceptor prototype work (the “Golden Dome” program) — positions RTX for participation in a multi‑billion missile defense initiative, lifting long‑term defense exposure and strategic importance. Article Title
• Neutral Sentiment: Coverage pieces assess Wall Street’s stance (bull/bear) on RTX—useful for gauging sentiment but not an immediate catalyst. Article Title
• Neutral Sentiment: Several headlines reference “RTX” in GPU product news (Nvidia/consumer GPU ecosystem). These are branding overlaps and generally do NOT pertain to RTX Corporation’s aerospace & defense business — they can create confusing headlines but are unlikely to move RTX Corp fundamentals. Example: Razer Blade 16 with RTX 5090. Article Title
• Negative Sentiment: A Seeking Alpha piece highlights valuation pressure — argues RTX’s strong balance sheet meets a “valuation wall,” which could limit upside and put downward pressure if investors demand lower multiples. This is a sentiment/valuation risk to watch. Article Title

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Vertical Research reiterated a "buy" rating and issued a $227.00 price objective on shares of RTX in a research note on Tuesday, January 27th. Citigroup lowered their price objective on shares of RTX from $238.00 to $226.00 and set a "buy" rating on the stock in a research note on Thursday, April 2nd. DZ Bank cut shares of RTX from a "hold" rating to a "strong sell" rating in a research note on Friday, February 6th. Wells Fargo & Company assumed coverage on shares of RTX in a research note on Wednesday, April 1st. They issued an "equal weight" rating and a $200.00 price objective on the stock. Finally, Robert W. Baird set a $225.00 price objective on shares of RTX in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target 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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