Tiemann Investment Advisors LLC Invests $1.25 Million in RTX Corporation $RTX

Tiemann Investment Advisors LLC bought a new position in RTX Corporation (NYSE:RTXFree Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,616 shares of the company’s stock, valued at approximately $1,255,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in 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. BlackRock Inc. acquired a new position in shares of RTX in the second quarter worth about $20,970,571,000. State Street Corp boosted its holdings in shares of RTX by 0.7% in the fourth quarter. State Street Corp now owns 91,884,588 shares of the company’s stock worth $16,851,633,000 after buying an additional 630,558 shares during the period. Morgan Stanley increased its position in shares of RTX by 0.4% in the fourth 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. Finally, Fisher Asset Management LLC increased its position in shares of RTX by 3.0% in 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 in the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on RTX. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Weiss Ratings cut shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Sanford C. Bernstein boosted their target price on shares of RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a research note on Monday, August 3rd. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $238.00 target price on shares of RTX in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, RTX presently has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

Check Out Our Latest Analysis on RTX

Key Stories Impacting RTX

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

RTX Price Performance

Shares of RTX opened at $221.87 on Tuesday. The business’s 50-day moving average is $200.88 and its 200-day moving average is $195.01. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The company has a market capitalization of $299.03 billion, a price-to-earnings ratio of 39.06, a P/E/G ratio of 2.65 and a beta of 0.29. RTX Corporation has a fifty-two week low of $150.61 and a fifty-two week high of $226.88.

RTX (NYSE:RTXGet Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.66 by $0.23. The business had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the company posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities research 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 dividend of $0.73 per share. 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%.

Insider Buying and Selling at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the completion of the sale, the insider directly owned 8,809 shares of the company’s stock, valued at $1,852,444.61. This trade represents a 49.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the sale, the vice president owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. This represents a 17.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 15,567 shares of company stock worth $3,304,375. 0.10% of the stock is currently owned by corporate insiders.

About RTX

(Free Report)

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.

See Also

Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTXFree Report).

Institutional Ownership by Quarter for RTX (NYSE:RTX)

Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.