MJP Associates Inc. ADV Acquires Shares of 10,318 RTX Corporation $RTX

MJP Associates Inc. ADV bought a new stake in shares of RTX Corporation (NYSE:RTX) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,318 shares of the company’s stock, valued at approximately $1,958,000.

A number of other hedge funds also recently made changes to their positions in RTX. Navalign LLC bought a new position in RTX during the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new stake in RTX in the fourth quarter worth about $26,000. Core Wealth Advisors LLC purchased a new position in RTX in the fourth quarter valued at about $31,000. 1 North Wealth Services LLC boosted its stake in RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after acquiring an additional 137 shares during the last quarter. Finally, Evergreen Advisors LLC bought a new position in shares of RTX during the 1st quarter valued at approximately $31,000. 86.50% of the stock is currently owned by institutional investors.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy contract for Tomahawk cruise missiles. The agreement is expected to support production of more than 1,000 missiles annually, strengthening RTX’s defense backlog, revenue visibility and long-term cash-flow prospects. Investors May Respond to RTX Winning a $22.9 Billion Tomahawk Deal
• Positive Sentiment: The contract complements RTX’s stronger-than-expected second-quarter results. Adjusted EPS was $1.89 versus the $1.66 consensus, revenue reached $24.71 billion—up 14.5% year over year—and management raised or reaffirmed fiscal 2026 EPS guidance at $7.10–$7.25 while continuing dividend growth. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
• Neutral Sentiment: Industry research projects growth in commercial aircraft inflight entertainment and connectivity, including Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed as a participant, but the report does not identify a new contract or quantify a near-term financial benefit. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
• Neutral Sentiment: Articles concerning GeForce RTX graphics cards, path-traced GTA 4 and comparisons with the PlayStation 5 relate to NVIDIA’s gaming hardware, not RTX Corporation, and have no meaningful effect on NYSE: RTX.
• Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by 50.88%. The sale may weigh on sentiment, although it does not by itself indicate weakening fundamentals. RTX EVP Sells 13,655 Shares
• Negative Sentiment: RTX trades near its 52-week high at a relatively rich valuation—about 37 times earnings based on the supplied market data. After the defense-contract and earnings rally, elevated expectations leave the stock vulnerable to profit-taking, even though analysts retain a broadly positive consensus.

RTX Stock Performance

NYSE RTX opened at $212.62 on Friday. The company’s 50 day moving average is $203.20 and its 200-day moving average is $195.42. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $226.88. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The firm has a market cap of $286.56 billion, a P/E ratio of 37.43, a price-to-earnings-growth ratio of 2.62 and a beta of 0.29.

RTX (NYSE:RTX) last announced 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. The company had revenue of $24.71 billion for 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%. RTX’s revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Sell-side analysts predict that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

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 given a dividend of $0.73 per share. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. RTX’s dividend payout ratio is currently 51.41%.

Insider Transactions at RTX

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 29,222 shares of company stock valued at $6,362,003 over the last three months. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on RTX. Robert W. Baird set a $240.00 price target on shares of RTX in a report on Friday, July 24th. Jefferies Financial Group set a $250.00 price objective on RTX in a report on Sunday, July 26th. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Susquehanna boosted their target price on RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research note on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $238.00 price target on shares of RTX in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued 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.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

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.