TFR Capital LLC. purchased a new stake in shares of RTX Corporation (NYSE:RTX – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 4,050 shares of the company’s stock, valued at approximately $768,000.
A number of other institutional investors also recently bought and sold shares of RTX. Navalign LLC purchased a new position in shares of RTX during the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of RTX in the 4th quarter valued at approximately $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX in the 4th quarter valued at approximately $31,000. 1 North Wealth Services LLC boosted its position in shares of RTX by 456.7% during the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC bought a new stake in shares of RTX during the first quarter valued at approximately $31,000. 86.50% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Weiss Ratings downgraded RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. Citigroup restated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Susquehanna upped their target price on shares of RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research report on Friday, July 24th. Finally, Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. One equities research 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 assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $228.59.
RTX Stock Up 1.1%
Shares of NYSE:RTX opened at $222.88 on Friday. The stock has a fifty day simple moving average of $200.02 and a two-hundred day simple moving average of $194.86. The stock has a market capitalization of $300.38 billion, a price-to-earnings ratio of 39.24, a PEG ratio of 2.65 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.
RTX (NYSE:RTX – Get Free Report) last released its earnings results on Thursday, July 23rd. The company reported $1.89 EPS 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 business had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. During the same period in the previous year, the company posted $1.56 earnings per share. The company’s revenue for the quarter 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, research analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current fiscal year.
RTX Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s payout ratio is currently 51.41%.
RTX News Summary
Here are the key news stories impacting RTX this week:
- Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
- Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
- Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
- Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
- Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract
Insider Transactions at RTX
In related news, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction dated 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 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 SEC, which is available at this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the sale, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. This trade represents a 17.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 15,567 shares of company stock worth $3,304,375. 0.10% of the stock is currently owned by company insiders.
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.
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