Schuylkill Financial LLC acquired a new position in shares of RTX Corporation (NYSE:RTX – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,428 shares of the company’s stock, valued at approximately $840,000.
A number of other institutional investors also recently modified their holdings of RTX. Fortress Financial Group LLC acquired a new stake in RTX during the 2nd quarter valued at $358,000. Navalign LLC bought a new position in RTX in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of RTX during the fourth quarter worth $26,000. Evergreen Advisors LLC acquired a new stake in shares of RTX in the first quarter valued at $31,000. Finally, Core Wealth Advisors LLC bought a new position in shares of RTX in the fourth quarter valued at about $31,000. Institutional investors own 86.50% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the stock. TD Cowen raised their price objective on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Sanford C. Bernstein raised their price target on shares of RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a report on Monday, August 3rd. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $238.00 price objective on shares of RTX in a report on Monday, July 27th. Finally, Royal Bank Of Canada lifted their target price on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $228.59.
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 sale, the insider owned 8,809 shares of the company’s stock, valued at $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 29,222 shares of company stock valued at $6,362,003. Company insiders own 0.10% of the company’s stock.
RTX Stock Down 0.7%
RTX stock opened at $200.75 on Friday. The firm has a market capitalization of $270.56 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 2.59 and a beta of 0.29. The company’s 50 day simple moving average is $207.91 and its 200 day simple moving average is $196.13. 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 Corporation has a fifty-two week low of $150.61 and a fifty-two week high of $226.88.
RTX (NYSE:RTX – Get Free Report) last issued its earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.66 by $0.23. The firm had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, sell-side analysts anticipate that RTX Corporation will post 7.22 EPS for the current year.
RTX Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th were issued a dividend of $0.73 per share. The ex-dividend date was Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.5%. RTX’s payout ratio is currently 51.41%.
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Pratt & Whitney is expanding production capacity. The RTX business is investing $25 million to expand its precision-parts facility in Niepołomice, Poland. The project is expected to be operational in 2028, add more than 120 jobs, and support rising demand for commercial and military engines. RTX Pratt & Whitney Poland expansion
- Positive Sentiment: Defense demand remains a key tailwind. Naval modernization contracts and RTX’s substantial backlog are viewed as supporting longer-term revenue visibility, potentially offering investors an attractive entry point following the sector’s pullback. Defense stocks and Navy tailwinds
- Neutral Sentiment: Valuation signals are mixed. A recent analysis found RTX potentially undervalued based on discounted cash flow, while earnings multiples suggest the stock is closer to fair value after a 169.7% five-year advance. That may limit near-term upside unless earnings growth accelerates. RTX valuation analysis
- Positive Sentiment: Analyst sentiment remains favorable. Wall Street commentary continues to highlight optimistic recommendations for RTX, supporting the view that the recent weakness may be a consolidation rather than a change in the long-term outlook. Wall Street outlook for RTX
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.
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