Trust Co. of Vermont acquired a new stake in RTX Corporation (NYSE:RTX – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 137,803 shares of the company’s stock, valued at approximately $26,145,000. RTX comprises 1.0% of Trust Co. of Vermont’s holdings, making the stock its 24th biggest position.
Other hedge funds have also added to or reduced their stakes in the company. Navalign LLC acquired a new position in RTX in the 4th quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of RTX during the fourth quarter worth $26,000. Evergreen Advisors LLC acquired a new position in shares of RTX during the first quarter worth $31,000. Core Wealth Advisors LLC bought a new stake in shares of RTX in the fourth quarter worth $31,000. Finally, 1 North Wealth Services LLC grew its stake in shares of RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 137 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other RTX news, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction that occurred on 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 transaction, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction on 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 owned 22,349 shares of the company’s stock, valued at $4,774,193.38. This represents a 17.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 15,567 shares of company stock worth $3,304,375 over the last 90 days. Company insiders own 0.10% of the company’s stock.
RTX News Roundup
- 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 NYSE RTX opened at $221.87 on Tuesday. The company has a market capitalization of $299.03 billion, a PE ratio of 39.06, a P/E/G ratio of 2.65 and a beta of 0.29. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88. The firm has a fifty day simple moving average of $200.88 and a 200 day simple moving average of $195.01.
RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. During the same quarter in the prior year, the firm posted $1.56 earnings per share. The business’s quarterly 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. On average, sell-side analysts forecast that RTX Corporation will post 7.22 EPS for the current year.
RTX Announces Dividend
The firm also recently declared 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 annualized dividend and a yield of 1.3%. RTX’s payout ratio is 51.41%.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on RTX. Susquehanna raised their target price on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research report on Friday, July 24th. TD Cowen upped their price target on RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. UBS Group raised their price objective on RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Jefferies Financial Group set a $250.00 price objective on RTX in a research note on Sunday, July 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.
Check Out Our Latest Stock Analysis on RTX
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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