WNY Asset Management LLC purchased a new position in RTX Corporation (NYSE:RTX – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,107 shares of the company’s stock, valued at approximately $792,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Navalign LLC purchased a new position in RTX during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC purchased a new stake in RTX during the fourth quarter worth $26,000. Core Wealth Advisors LLC bought a new stake in RTX during the 4th quarter valued at $31,000. 1 North Wealth Services LLC boosted its position in RTX by 456.7% during the 4th 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 in the last quarter. Finally, Evergreen Advisors LLC purchased a new position in shares of RTX in the 1st quarter valued at $31,000. 86.50% of the stock is currently owned by institutional investors.
RTX Price Performance
NYSE RTX opened at $215.58 on Friday. The firm’s fifty day simple moving average is $191.15 and its two-hundred day simple moving average is $193.19. 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 current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $221.34.
RTX Announces Dividend
The firm also recently announced 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. 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 dividend payout ratio is currently 51.41%.
Insider Transactions at RTX
In related news, VP Kevin G. Dasilva sold 2,250 shares of the 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 completion of the transaction, the vice president directly owned 20,099 shares of the company’s stock, valued at $4,360,076.07. This trade represents a 10.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction that occurred on 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 completion of the sale, the insider owned 8,809 shares of the company’s stock, valued at $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 15,567 shares of company stock valued at $3,304,375. 0.10% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on RTX shares. Morgan Stanley reissued an “overweight” rating and issued a $240.00 price target on shares of RTX in a research report on Friday, July 24th. Royal Bank Of Canada raised their price objective on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. UBS Group lifted their target price on RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Jefferies Financial Group set a $250.00 target price on shares of RTX in a report on Sunday, July 26th. Finally, Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. One 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $226.94.
Check Out Our Latest 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
RTX 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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