RW Investment Management LLC Purchases New Shares in RTX Corporation $RTX

RW Investment Management LLC acquired a new stake in RTX Corporation (NYSE:RTX) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,686 shares of the company’s stock, valued at approximately $699,000.

A number of other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of RTX by 1.8% during the 4th 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 period. State Street Corp grew its stake in RTX by 0.7% in the 4th quarter. State Street Corp now owns 91,884,588 shares of the company’s stock valued at $16,851,633,000 after acquiring an additional 630,558 shares during the period. Morgan Stanley increased its holdings in RTX by 0.4% in the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock worth $5,462,310,000 after acquiring an additional 105,069 shares in the last quarter. Fisher Asset Management LLC raised its position in RTX by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock worth $3,998,155,000 after acquiring an additional 625,994 shares during the period. Finally, Norges Bank purchased a new position in RTX during the fourth quarter valued at $3,167,626,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insider Buying and Selling at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the transaction, the insider owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the sale, the vice president directly owned 22,349 shares of the company’s stock, valued at $4,774,193.38. This represents a 17.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 15,567 shares of company stock worth $3,304,375. Insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 target price on shares of RTX in a research report on Friday, July 24th. Royal Bank Of Canada lifted their price objective on RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Citigroup reiterated a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Wells Fargo & Company increased their target price on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Finally, Robert W. Baird set a $240.00 price target on RTX in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $228.59.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

RTX Trading Down 0.0%

RTX opened at $222.88 on Monday. The firm has a market capitalization of $300.38 billion, a price-to-earnings ratio of 39.24, a price-to-earnings-growth ratio of 2.65 and a beta of 0.29. The company’s 50 day simple moving average is $200.02 and its two-hundred day simple moving average is $194.87. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $226.88. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78.

RTX (NYSE:RTX) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same period in the prior year, the business earned $1.56 earnings per share. The business’s revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts expect that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. RTX’s dividend payout ratio (DPR) is 51.41%.

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.