Rayburn West Financial Services LLC Makes New Investment in RTX Corporation $RTX

Rayburn West Financial Services LLC purchased a new stake in RTX Corporation (NYSE:RTXFree Report) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 16,465 shares of the company’s stock, valued at approximately $3,124,000. RTX makes up 1.7% of Rayburn West Financial Services LLC’s portfolio, making the stock its 21st biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First National Bank of Omaha acquired a new stake in shares of RTX during the 2nd quarter worth approximately $28,973,000. Navigoe LLC acquired a new position in shares of RTX during the 2nd quarter valued at $212,000. Hurlow Wealth Management Group Inc. acquired a new position in shares of RTX during the 2nd quarter valued at $430,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in RTX during the second quarter worth $231,000. Finally, Element Pointe Advisors LLC bought a new position in RTX during the second quarter worth $272,000. 86.50% of the stock is currently owned by institutional investors.

RTX Stock Performance

Shares of RTX stock opened at $225.73 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The firm has a fifty day simple moving average of $201.77 and a two-hundred day simple moving average of $195.20. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88. The firm has a market capitalization of $304.22 billion, a PE ratio of 39.74, a price-to-earnings-growth ratio of 2.65 and a beta of 0.29.

RTX (NYSE:RTXGet Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share 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 business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the firm earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts forecast 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 $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 presently 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.

Insider Transactions at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider owned 8,809 shares in the company, 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 Securities & Exchange Commission, which is available through this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the transaction, the vice president directly owned 22,349 shares in the company, valued at approximately $4,774,193.38. The trade was a 17.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,567 shares of company stock valued at $3,304,375 in the last quarter. Company insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on RTX. Susquehanna lifted their price target on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research note on Friday, July 24th. 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 research report on Monday, August 3rd. Citigroup restated a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Weiss Ratings lowered RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Finally, Robert W. Baird set a $240.00 price target on RTX in a research note on Friday, July 24th. One investment 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. Based on data from MarketBeat, RTX presently has a consensus rating of “Moderate Buy” and an average price target of $228.59.

Read Our Latest Research Report on RTX

RTX Company Profile

(Free Report)

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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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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