Compass Wealth Management LLC acquired a new position in shares of RTX Corporation (NYSE:RTX – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 33,949 shares of the company’s stock, valued at approximately $6,441,000. RTX comprises approximately 1.2% of Compass Wealth Management LLC’s investment portfolio, making the stock its 29th biggest holding.
A number of other hedge funds and other institutional investors have also made changes to their positions in RTX. BlackRock Inc. acquired a new stake in shares of RTX in the 2nd quarter valued at about $20,970,571,000. Norges Bank acquired a new position in RTX during the fourth quarter worth approximately $3,167,626,000. Auto Owners Insurance Co increased its position in RTX by 24,730.9% during the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after buying an additional 10,062,269 shares during the period. Bank of New York Mellon Corp purchased a new stake in RTX in the second quarter valued at approximately $1,456,256,000. Finally, Deutsche Bank AG acquired a new stake in shares of RTX in the second quarter valued at approximately $725,900,000. Institutional investors and hedge funds own 86.50% of the company’s stock.
Insider Buying and Selling
In related news, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider directly owned 8,809 shares of the company’s stock, valued at $1,852,444.61. This trade represents a 49.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction on Tuesday, July 28th. The stock was 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 approximately $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 15,567 shares of company stock valued at $3,304,375. Insiders own 0.10% of the company’s stock.
RTX Price Performance
RTX (NYSE:RTX – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $22.89 billion. During the same quarter last year, the firm posted $1.56 EPS. The business’s 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. As a group, analysts predict that RTX Corporation will post 7.22 earnings per share for the current fiscal year.
RTX Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a $0.73 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. RTX’s dividend payout ratio (DPR) is 51.41%.
RTX News Summary
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX’s Raytheon division won a roughly $22.9 billion, seven-year U.S. Navy contract to accelerate Tomahawk cruise-missile production. Annual output is expected to rise from approximately 60 missiles to more than 1,000, creating significant long-term revenue visibility and improving factory utilization. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
- Positive Sentiment: The award reinforces broader U.S. efforts to replenish precision-munitions inventories and follows a recent $745 million missile-defense interceptor order, strengthening expectations for sustained defense demand. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Positive Sentiment: RTX’s latest quarterly performance also exceeded expectations: adjusted EPS was $1.89 versus a $1.66 consensus, while revenue grew 14.5% year over year to $24.71 billion. Management raised 2026 adjusted EPS guidance to $7.10–$7.25 and projected revenue of $95–$96 billion. Commercial aviation aftermarket demand provides an additional growth driver. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Neutral Sentiment: Analysts remain generally constructive, with a Moderate Buy consensus and an average price target near $228.59, but the shares are already close to their 52-week high and have outperformed substantially over the past year.
- Negative Sentiment: Valuation is the principal concern. RTX trades at approximately 40 times trailing earnings and about 31 times forward earnings, while its six-month return has lagged the S&P 500. Investors must also monitor execution, supplier constraints and liquidity as the company ramps missile production; its quick ratio is 0.78.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the stock. TD Cowen raised their target price on shares of RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Susquehanna upped their price target on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research report on Friday, July 24th. Robert W. Baird set a $240.00 price target on shares of RTX in a research note on Friday, July 24th. Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Finally, Jefferies Financial Group set a $250.00 target price on shares of RTX in a report on Sunday, July 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $228.59.
View Our Latest Research Report on RTX
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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