Main Street Financial Solutions LLC lifted its stake in RTX Corporation (NYSE:RTX – Free Report) by 40.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,893 shares of the company’s stock after acquiring an additional 2,256 shares during the period. Main Street Financial Solutions LLC’s holdings in RTX were worth $1,497,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Navalign LLC acquired a new stake in RTX in the 4th quarter worth $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of RTX during the fourth quarter valued at about $26,000. Evergreen Advisors LLC bought a new stake in shares of RTX in the first quarter valued at about $31,000. Core Wealth Advisors LLC acquired a new stake in RTX during the fourth quarter worth about $31,000. Finally, 1 North Wealth Services LLC increased its stake in RTX by 456.7% during 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 period. Institutional investors own 86.50% of the company’s stock.
Insiders Place Their Bets
In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the transaction, the vice president owned 20,099 shares in the company, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through 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 value of $1,799,451.53. Following the completion of the transaction, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 15,567 shares of company stock valued at $3,304,375 over the last ninety days. Insiders own 0.10% of the company’s stock.
Key Headlines Impacting RTX
- 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.
Analyst Ratings Changes
A number of analysts have commented on the company. Jefferies Financial Group set a $250.00 price objective on RTX in a research report on Sunday, July 26th. Wells Fargo & Company boosted their price objective on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. TD Cowen raised their target price on RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Morgan Stanley reissued an “overweight” rating and issued a $240.00 price target on shares of RTX in a report on Friday, July 24th. Finally, Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. One investment 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $228.59.
View Our Latest Analysis on RTX
RTX Stock Up 1.8%
RTX opened at $225.73 on Wednesday. The firm has a market cap of $304.22 billion, a price-to-earnings ratio of 39.74, a PEG ratio of 2.65 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The firm’s 50-day simple moving average is $201.77 and its 200-day simple moving average is $195.20. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88.
RTX (NYSE:RTX – Get Free Report) last released 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 firm 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 company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities research analysts anticipate that RTX Corporation will post 7.22 EPS for the current fiscal year.
RTX Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors 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 dividend on an annualized basis and a yield of 1.3%. RTX’s dividend payout ratio is 51.41%.
RTX Company 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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