Caisse de depot et placement du Quebec Invests $86.77 Million in RTX Corporation $RTX

Caisse de depot et placement du Quebec bought a new stake in shares of RTX Corporation (NYSE:RTX) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 457,320 shares of the company’s stock, valued at approximately $86,767,000.

Other hedge funds have also bought and sold shares of the company. Pointe Capital Management LLC purchased a new position in shares of RTX during the 2nd quarter valued at about $3,060,000. Odyssean LLC raised its position in shares of RTX by 17.0% during the 2nd quarter. Odyssean LLC now owns 3,502 shares of the company’s stock valued at $664,000 after purchasing an additional 509 shares during the period. Western Wealth Management LLC bought a new stake in shares of RTX during the 2nd quarter valued at $550,000. Invst LLC purchased a new position in shares of RTX during the 2nd quarter valued at $587,000. Finally, First Bancorp Inc ME purchased a new position in shares of RTX during the 2nd quarter valued at $1,153,000. Institutional investors own 86.50% of the company’s stock.

RTX Stock Down 0.0%

Shares of NYSE:RTX opened at $211.98 on Friday. The company has a market cap of $285.70 billion, a price-to-earnings ratio of 37.32, a PEG ratio of 2.52 and a beta of 0.29. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88. 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 company has a 50-day moving average price of $205.63 and a 200 day moving average price of $195.83.

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

RTX Announces Dividend

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 paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s payout ratio is presently 51.41%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Jefferies Financial Group set a $250.00 price target on RTX in a research note on Sunday, July 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $238.00 price target on shares of RTX in a research note on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Robert W. Baird set a $240.00 target price on shares of RTX in a report on Friday, July 24th. Finally, Argus set a $245.00 price target on shares of RTX in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $228.59.

Insider Buying and Selling at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction 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 sale, the insider owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the sale, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This trade represents a 50.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 29,222 shares of company stock worth $6,362,003 over the last quarter. Insiders own 0.10% of the company’s stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon completed a $50 million expansion of its Mississippi manufacturing facility, adding 17,000 square feet of capacity for electronic-warfare and radar systems. The project is expected to create 100 high-skill jobs by 2028 and should help RTX fulfill growing defense demand. Raytheon Mississippi facility expansion
• Positive Sentiment: Investors continue to focus on Raytheon’s $22.9 billion Tomahawk missile contract, awarded to accelerate production as the U.S. replenishes depleted inventories. The order reinforces RTX’s defense backlog and long-term revenue visibility. Raytheon Tomahawk missile order
• Positive Sentiment: Recent research highlights a 22% backlog increase to $289 billion, 14% reported sales growth, 21% adjusted EPS growth and improved free cash flow in the latest quarter. Raytheon led segment growth, while Pratt & Whitney and Collins Aerospace are showing operational progress. RTX stock outlook
• Positive Sentiment: Brokerages collectively rate RTX “Moderate Buy,” supporting the view that defense demand and commercial aerospace maintenance activity can sustain earnings growth. RTX consensus recommendation
• Neutral Sentiment: Analysts describe RTX’s outlook as a combination of a powerful backlog and a potential cash-flow inflection, but investors will be watching whether manufacturing investments convert into stronger free cash flow. RTX backlog and cash flow analysis
• Negative Sentiment: One recent analysis downgraded RTX because its premium valuation already reflects much of the missile and commercial-maintenance upside, leaving less room for execution disappointments or delays in cash-flow improvement. RTX valuation downgrade analysis

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.