1,660,453 Shares in RTX Corporation $RTX Purchased by Haverford Trust Co

Haverford Trust Co purchased a new stake in shares of RTX Corporation (NYSE:RTX) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,660,453 shares of the company’s stock, valued at approximately $315,038,000. RTX comprises approximately 2.7% of Haverford Trust Co’s portfolio, making the stock its 7th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Alpha Cubed Investments LLC increased its holdings in RTX by 0.3% during the 4th quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock valued at $2,700,000 after purchasing an additional 50 shares during the period. Schulhoff & Co. Inc. grew its holdings in shares of RTX by 1.7% in the fourth quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock worth $585,000 after acquiring an additional 52 shares during the period. Sunbeam Capital Management LLC increased 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 worth $620,000 after purchasing an additional 53 shares in the last quarter. Sequent Planning LLC raised its position in shares of RTX by 1.6% during the 4th quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock valued at $617,000 after purchasing an additional 54 shares during the period. Finally, Boston Family Office LLC boosted its position in shares of RTX by 0.3% during the fourth quarter. Boston Family Office LLC now owns 17,857 shares of the company’s stock worth $3,275,000 after acquiring an additional 54 shares during the last quarter. 86.50% of the stock is owned by institutional investors.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The European Commission closed its antitrust investigation into Pratt & Whitney Canada, RTX’s aircraft-engine unit. The decision removes the risk of potential enforcement action, fines or business restrictions tied to the probe. EU closes antitrust probe into RTX’s Pratt & Whitney
• Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract. The award should improve long-term revenue visibility, support higher production and strengthen RTX’s defense backlog through the 2030s. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
• Positive Sentiment: Recent quarterly results also remain supportive: RTX exceeded EPS and revenue expectations, posted 14.5% year-over-year revenue growth and raised confidence in its fiscal 2026 outlook. These results reinforce the company’s ability to convert its backlog into cash-generating programs. How Investors May Respond to RTX Winning a US$22.9 Billion Tomahawk Deal and Raising Guidance
• Neutral Sentiment: Broader market volatility, including concerns about Treasury policy, oil prices and upcoming inflation data, may be contributing to pressure across equities rather than reflecting a change in RTX’s fundamentals.
• Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by about 51%. While the sale may be routine, it can weigh on sentiment when the stock is near its 52-week high. RTX EVP Sells 13,655 Shares
• Negative Sentiment: RTX trades at a demanding earnings multiple after a substantial rally. The valuation leaves less room for execution disappointments and may encourage investors to take profits.

RTX Stock Down 0.9%

Shares of RTX opened at $210.36 on Friday. RTX Corporation has a 52-week low of $150.61 and a 52-week high of $226.88. The company has a market capitalization of $283.51 billion, a PE ratio of 37.04, a price-to-earnings-growth ratio of 2.50 and a beta of 0.29. The stock has a fifty day simple moving average of $203.73 and a two-hundred day simple moving average of $195.53. 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 (NYSE:RTX) last posted its 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 company 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 company posted $1.56 earnings per share. RTX’s revenue for the quarter was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities analysts forecast that RTX Corporation will post 7.22 EPS for the current year.

RTX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s payout ratio is 51.41%.

Analyst Upgrades and Downgrades

RTX has been the topic of several recent analyst reports. TD Cowen increased their target price on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 target price on shares of RTX in a research note on Friday, July 24th. UBS Group increased their price target on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Finally, Robert W. Baird set a $240.00 target price on shares of RTX in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, RTX currently has a consensus rating of “Moderate Buy” and an average target price of $228.59.

Insider Transactions at RTX

In other news, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. The trade was a 50.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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. 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. In the last ninety days, insiders sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is currently owned by corporate insiders.

RTX 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.