TOP Private Wealth LLC. Purchases Shares of 4,302 RTX Corporation $RTX

TOP Private Wealth LLC. acquired a new position in shares of RTX Corporation (NYSE:RTX) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,302 shares of the company’s stock, valued at approximately $816,000. RTX comprises about 0.8% of TOP Private Wealth LLC.’s investment portfolio, making the stock its 23rd biggest position.

Several other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in RTX in the 2nd quarter valued at about $20,970,571,000. Norges Bank purchased a new position in shares of RTX during the 4th quarter worth about $3,167,626,000. Auto Owners Insurance Co lifted its holdings in shares of RTX by 24,730.9% during the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after acquiring an additional 10,062,269 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of RTX in the second quarter worth approximately $1,456,256,000. Finally, Legal & General Group Plc purchased a new stake in RTX in the second quarter valued at approximately $1,267,256,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on RTX. Robert W. Baird set a $240.00 price target on shares of RTX in a research note on Friday, July 24th. Royal Bank Of Canada boosted their price objective on shares of RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Argus set a $245.00 target price on RTX in a research report on Thursday, July 30th. Sanford C. Bernstein lifted their target price on RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a report on Monday, August 3rd. Finally, Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $228.59.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Pratt & Whitney is expanding production capacity. The RTX business is investing $25 million to expand its precision-parts facility in Niepołomice, Poland. The project is expected to be operational in 2028, add more than 120 jobs, and support rising demand for commercial and military engines. RTX Pratt & Whitney Poland expansion
• Positive Sentiment: Defense demand remains a key tailwind. Naval modernization contracts and RTX’s substantial backlog are viewed as supporting longer-term revenue visibility, potentially offering investors an attractive entry point following the sector’s pullback. Defense stocks and Navy tailwinds
• Neutral Sentiment: Valuation signals are mixed. A recent analysis found RTX potentially undervalued based on discounted cash flow, while earnings multiples suggest the stock is closer to fair value after a 169.7% five-year advance. That may limit near-term upside unless earnings growth accelerates. RTX valuation analysis
• Positive Sentiment: Analyst sentiment remains favorable. Wall Street commentary continues to highlight optimistic recommendations for RTX, supporting the view that the recent weakness may be a consolidation rather than a change in the long-term outlook. Wall Street outlook for RTX

Insider Buying and Selling at RTX

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of the business’s stock in a transaction dated 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 transaction, the vice president owned 22,349 shares in the company, valued at $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Troy Brunk sold 8,557 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 8,809 shares of the company’s stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 29,222 shares of company stock valued at $6,362,003 over the last three months. 0.10% of the stock is owned by company insiders.

RTX Trading Down 0.7%

Shares of RTX stock opened at $200.75 on Friday. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. RTX Corporation has a fifty-two week low of $150.61 and a fifty-two week high of $226.88. The firm’s 50 day moving average price is $207.91 and its two-hundred day moving average price is $196.13. The stock has a market cap of $270.56 billion, a price-to-earnings ratio of 35.34, a price-to-earnings-growth ratio of 2.60 and a beta of 0.29.

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

RTX Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Friday, August 14th were issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, August 14th. RTX’s dividend payout ratio is currently 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.