Grandfield & Dodd LLC Purchases New Position in RTX Corporation $RTX

Grandfield & Dodd LLC purchased a new position in RTX Corporation (NYSE:RTX) in the second quarter, HoldingsChannel reports. The fund purchased 331,291 shares of the company’s stock, valued at approximately $62,856,000. RTX makes up approximately 3.3% of Grandfield & Dodd LLC’s portfolio, making the stock its 6th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of RTX. Alpha Cubed Investments LLC grew its holdings in shares of RTX by 0.3% during the 4th quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after acquiring an additional 50 shares during the period. Schulhoff & Co. Inc. raised its position in shares of RTX by 1.7% in the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock worth $585,000 after acquiring an additional 52 shares in the last quarter. Purus Wealth Management LLC lifted its stake in shares of RTX by 0.4% in the 4th quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock valued at $2,700,000 after purchasing an additional 53 shares during the period. Sunbeam Capital Management LLC lifted its stake in shares of RTX by 1.6% in the 4th quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock valued at $620,000 after purchasing an additional 53 shares during the period. Finally, Sequent Planning LLC boosted its position in shares of RTX by 1.6% during the fourth quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock valued at $617,000 after purchasing an additional 54 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon won a $22.9 billion, seven-year Tomahawk missile contract from the U.S. Navy. The agreement is intended to sharply expand annual production from approximately 60 missiles to more than 1,000, creating significant multi-year visibility for RTX’s defense business. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The contract supports the Pentagon’s effort to replenish critical munitions and follows heavy Tomahawk usage in military operations. Investors view the award as evidence of sustained government demand and a potential catalyst for RTX’s defense growth. The US military is paying RTX’s Raytheon more for Tomahawk missiles
• Positive Sentiment: RTX’s latest quarterly results provide additional support: earnings per share reached $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS guidance of $7.10–$7.25 remains broadly consistent with analyst expectations.
• Neutral Sentiment: The contract is strategically significant, but its effect on near-term earnings will depend on production execution, capacity expansion, costs and the timing of deliveries. RTX also trades at a relatively elevated valuation, with a reported P/E near 39.
• Neutral Sentiment: Several other articles concern Nvidia GeForce RTX graphics cards, laptops or unrelated technology promotions rather than RTX Corporation. They do not materially affect the company’s investment outlook. Esports Hotel Thieves Caught Swapping Out RTX 5080 GPUs for RTX 3060s

Insider Activity at RTX

In related news, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction on Friday, July 24th. The stock was sold at an average price of $210.29, for a total value of $1,799,451.53. Following the completion of the sale, the insider owned 8,809 shares of the company’s stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the sale, the vice president owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. This trade represents a 10.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 15,567 shares of company stock worth $3,304,375 in the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

RTX Trading Down 0.5%

Shares of NYSE:RTX opened at $221.87 on Tuesday. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88. The stock’s fifty day moving average price is $200.88 and its 200-day moving average price is $195.01. The company has a market cap of $299.03 billion, a P/E ratio of 39.06, a PEG ratio of 2.65 and a beta of 0.29. 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 issued its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.RTX’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Sell-side analysts expect that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

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 given 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 1.3%. RTX’s dividend payout ratio is 51.41%.

Analyst Ratings Changes

A number of research firms have issued reports on RTX. Weiss Ratings downgraded RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Erste Group Bank cut shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Wells Fargo & Company upped their target price on shares of RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Susquehanna lifted their price target on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research report on Friday, July 24th. Finally, Royal Bank Of Canada boosted their price objective on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and an average target price of $228.59.

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.