Northstar Financial Companies Inc. Purchases Shares of 7,305 RTX Corporation $RTX

Northstar Financial Companies Inc. acquired a new stake in RTX Corporation (NYSE:RTX) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,305 shares of the company’s stock, valued at approximately $1,386,000. RTX comprises 0.9% of Northstar Financial Companies Inc.’s portfolio, making the stock its 29th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of RTX by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after buying an additional 2,210,950 shares in the last quarter. State Street Corp lifted its position in RTX by 0.7% in the fourth quarter. State Street Corp now owns 91,884,588 shares of the company’s stock valued at $16,851,633,000 after acquiring an additional 630,558 shares during the last quarter. Morgan Stanley boosted its stake in RTX by 0.4% in the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock valued at $5,462,310,000 after acquiring an additional 105,069 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of RTX by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock worth $3,998,155,000 after purchasing an additional 625,994 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of RTX during the fourth quarter worth about $3,167,626,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Analysts Set New Price Targets

RTX has been the topic of a number of research reports. Argus set a $245.00 price target on RTX in a research note on Thursday, July 30th. Sanford C. Bernstein raised their target price on shares of RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research report on Monday, August 3rd. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price target on shares of RTX in a research report on Friday, July 24th. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Finally, UBS Group upped their target price on shares of RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a report on Friday, July 24th. 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $228.59.

Insider Activity at RTX

In other news, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the transaction, the vice president directly owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. This represents a 17.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $210.29, for a total value 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 represents a 49.27% decrease in their ownership of the stock. 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 in the last quarter. 0.10% of the stock is currently owned by insiders.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

RTX Stock Down 0.0%

Shares of RTX stock opened at $222.88 on Monday. The company has a market cap of $300.38 billion, a P/E ratio of 39.24, a PEG ratio of 2.65 and a beta of 0.29. The firm has a fifty day moving average of $200.02 and a two-hundred day moving average of $194.87. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. RTX Corporation has a one year low of $150.61 and a one year high of $226.88.

RTX (NYSE:RTX) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business’s revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, analysts forecast that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Dividend Announcement

The firm 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 yield of 1.3%. RTX’s payout ratio is presently 51.41%.

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.