Great Lakes Advisors LLC Invests $9.77 Million in RTX Corporation $RTX

Great Lakes Advisors LLC acquired a new stake in RTX Corporation (NYSE:RTX) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 51,484 shares of the company’s stock, valued at approximately $9,768,000.

A number of other hedge funds have also recently bought and sold shares of RTX. BlackRock Inc. acquired a new position in RTX in the 2nd quarter valued at $20,970,571,000. Norges Bank acquired a new stake in shares of RTX during the fourth quarter worth $3,167,626,000. Auto Owners Insurance Co grew its position in shares of RTX by 24,730.9% in the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after purchasing an additional 10,062,269 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of RTX in the second quarter valued at $1,456,256,000. Finally, Deutsche Bank AG acquired a new position in RTX in the second quarter valued at $725,900,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insider Buying and Selling

In other news, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total transaction of $488,092.50. Following the sale, the vice president owned 20,099 shares in the company, valued at $4,360,076.07. This trade represents a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction 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. The trade was a 49.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 15,567 shares of company stock worth $3,304,375 in the last quarter. Insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on RTX shares. Jefferies Financial Group set a $250.00 target price on RTX in a research report on Sunday, July 26th. Argus set a $245.00 price objective on shares of RTX in a research note on Thursday, July 30th. Sanford C. Bernstein increased their price objective on shares of RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a report on Monday, August 3rd. Citigroup restated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Finally, Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

RTX Trading Up 1.8%

Shares of RTX opened at $225.73 on Wednesday. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88. The stock’s 50-day moving average is $201.77 and its two-hundred day moving average is $195.20. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The stock has a market cap of $304.22 billion, a PE ratio of 39.74, a P/E/G ratio of 2.65 and a beta of 0.29.

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

RTX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be given 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 dividend payout ratio (DPR) is 51.41%.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon division won a roughly $22.9 billion, seven-year U.S. Navy contract to accelerate Tomahawk cruise-missile production. Annual output is expected to rise from approximately 60 missiles to more than 1,000, creating significant long-term revenue visibility and improving factory utilization. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The award reinforces broader U.S. efforts to replenish precision-munitions inventories and follows a recent $745 million missile-defense interceptor order, strengthening expectations for sustained defense demand. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: RTX’s latest quarterly performance also exceeded expectations: adjusted EPS was $1.89 versus a $1.66 consensus, while revenue grew 14.5% year over year to $24.71 billion. Management raised 2026 adjusted EPS guidance to $7.10–$7.25 and projected revenue of $95–$96 billion. Commercial aviation aftermarket demand provides an additional growth driver. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Analysts remain generally constructive, with a Moderate Buy consensus and an average price target near $228.59, but the shares are already close to their 52-week high and have outperformed substantially over the past year.
• Negative Sentiment: Valuation is the principal concern. RTX trades at approximately 40 times trailing earnings and about 31 times forward earnings, while its six-month return has lagged the S&P 500. Investors must also monitor execution, supplier constraints and liquidity as the company ramps missile production; its quick ratio is 0.78.

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.