RTX Corporation (RTX): One of the Best Large Cap Defense Stocks to Buy According to Hedge Funds

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Ashar Jawad

Wed, May 6, 2026 astatine 9:36 AM CDT 2 min read

RTX Corporation (NYSE:RTX) is among the 10 Best Large Cap Defense Stocks to Buy According to Hedge Funds. On April 30, the institution announced that its committee of directors had approved a quarterly currency dividend of $0.73 per share, representing a 7.4% sequential increase.

One of the Best Large Cap Defense Stocks to Buy According to Hedge Funds

The magnitude is scheduled for outgo connected June 11, 2026, to each shareholders connected grounds arsenic of the adjacent connected May 22. The aerospace and defence institution has paid currency dividends connected its communal banal for 90 consecutive years.

In different news, RTX Corporation (NYSE:RTX) reported income of $22.1 cardinal for the archetypal quarter, reflecting a 9% maturation from the anterior year. Its adjusted EPS came successful astatine $1.78, beating estimates by 27 cents and up 21% twelvemonth implicit year. It ended the 4th with a grounds backlog of $271 billion, up 25%, and driven by ample defence and commercialized orders.

The institution lifted its adjusted income and net outlook for the afloat year, citing the beardown fiscal show and spot successful the defence business. The yearly top-line fig is present expected to beryllium betwixt $92.5 cardinal and $93.5 billion, portion adjusted EPS is projected to beryllium betwixt $6.7 and $6.9.

As of the adjacent of concern connected May 5, the banal is simply a Moderate Buy with an mean stock terms upside imaginable of 28%, based connected recommendations from 15 analysts.

RTX Corporation (NYSE:RTX) is simply a elephantine successful the planetary aerospace and defence industry, providing systems and services to commercial, military, and authorities clients. It operates done 3 main businesses: Collins Aerospace, Pratt & Whitney, and Raytheon.

While we admit the imaginable of RTX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 15 Best Big Name Stocks to Buy and 10 Best Military Drone Stocks to Buy Right Now.

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