Montchanin Asset Management LLC Invests $1 Million in RTX Corporation $RTX

Montchanin Asset Management LLC bought a new position in RTX Corporation (NYSE:RTXFree Report) in the 1st quarter, Holdings Channel.com reports. The firm bought 5,203 shares of the company’s stock, valued at approximately $1,004,000. RTX comprises approximately 1.0% of Montchanin Asset Management LLC’s holdings, making the stock its 25th biggest holding.

Other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors lifted its holdings in shares of RTX by 8.7% in the 4th quarter. World Investment Advisors now owns 62,448 shares of the company’s stock worth $11,453,000 after acquiring an additional 5,020 shares during the last quarter. Milestone Asset Management Group LLC grew its holdings in shares of RTX by 34.7% during the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock valued at $5,504,000 after purchasing an additional 7,738 shares during the last quarter. New Age Alpha Advisors LLC bought a new position in shares of RTX during the 4th quarter valued at $2,308,000. Truist Financial Corp raised its position in RTX by 2.3% in the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after purchasing an additional 53,045 shares during the period. Finally, Wealth Science Advisors LLC purchased a new position in RTX in the 4th quarter worth $1,439,000. Institutional investors own 86.50% of the company’s stock.

Wall Street Analysts Forecast Growth

RTX has been the subject of several recent research reports. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Weiss Ratings upgraded RTX from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Citigroup reissued a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Finally, Jefferies Financial Group set a $250.00 target price on RTX in a report on Sunday, July 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and a consensus price target of $226.94.

View Our Latest Research Report on RTX

Key RTX News

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: Pratt & Whitney, RTX’s engine business, received a nearly $1.3 billion undefinitized contract for F135 engine spare parts. The award supports sustainment of engines powering all three F-35 Lightning II variants, strengthening RTX’s defense backlog and long-term revenue visibility. RTX’s Pratt & Whitney awarded $1.3 billion F135 sustainment contract
  • Positive Sentiment: Investor sentiment remains supported by RTX’s latest earnings beat: quarterly revenue rose 14.5% year over year to $24.71 billion, while EPS of $1.89 exceeded consensus by $0.23. Management also raised its full-year 2026 outlook, with guidance of $7.10-$7.25 in EPS, citing a record $289 billion backlog across commercial aftermarket and defense programs. How RTX’s Q2 Beat, Raised Outlook and Record Backlog Will Impact RTX Investors
  • Positive Sentiment: Analyst support has improved after the earnings report, with Morgan Stanley raising its RTX price target. RTX is also being highlighted among industrial stocks positioned to benefit from resilient manufacturing, defense demand and infrastructure investment. Morgan Stanley raises RTX stock price target after earnings
  • Neutral Sentiment: A comparison of RTX with Redwire frames RTX as the more established company, benefiting from scale, execution and a substantial backlog, while Redwire offers potentially faster sales and earnings growth. The analysis underscores RTX’s steadier profile but also suggests investors should weigh its higher valuation against its growth prospects. RTX vs. Redwire: Which Aerospace & Defense Stock Offers More Upside?
  • Negative Sentiment: Reports of insider selling briefly pressured RTX shares, highlighting profit-taking risk after a strong rally toward the stock’s 12-month high. RTX’s valuation—about 38 times earnings—also leaves the stock more sensitive to any disappointment in execution or guidance. RTX shares down following insider selling

Insider Activity

In related news, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction dated 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 owned 8,809 shares in the company, valued at $1,852,444.61. The trade was a 49.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the transaction, the vice president directly owned 20,099 shares of the company’s stock, valued at $4,360,076.07. The trade was a 10.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 15,567 shares of company stock worth $3,304,375 over the last three months. 0.10% of the stock is owned by insiders.

RTX Trading Up 0.6%

NYSE:RTX opened at $215.58 on Friday. The firm has a market capitalization of $290.55 billion, a P/E ratio of 37.95, a P/E/G ratio of 2.55 and a beta of 0.30. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The company has a fifty day moving average of $191.15 and a 200 day moving average of $193.19. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $221.34.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same quarter last year, the firm earned $1.56 EPS. The company’s revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, research analysts predict that RTX Corporation will post 7.21 earnings per share for the current year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is currently 51.41%.

About RTX

(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.

Further Reading

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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