PointState Capital LP Invests $282.96 Million in RTX Corporation $RTX

Posted by George Bondi on Aug 27th, 2026

PointState Capital LP bought a new position in RTX Corporation (NYSE:RTX – Free Report) in the 2nd quarter, Holdings Channel.com reports. The firm bought 1,491,395 shares of the company’s stock, valued at approximately $282,962,000. RTX comprises approximately 3.6% of PointState Capital LP’s holdings, making the stock its 9th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in RTX. Milestone Asset Management Group LLC raised its position in RTX by 34.7% in the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after buying an additional 7,738 shares during the last quarter. New Age Alpha Advisors LLC purchased a new position in shares of RTX during the 4th quarter worth $2,308,000. Truist Financial Corp lifted its position in RTX by 2.3% during the fourth quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock valued at $424,575,000 after purchasing an additional 53,045 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of RTX by 5.1% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 212,944 shares of the company’s stock valued at $39,054,000 after acquiring an additional 10,426 shares during the period. Finally, Thrivent Financial for Lutherans boosted its position in shares of RTX by 206.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 178,360 shares of the company’s stock worth $32,711,000 after purchasing an additional 120,094 shares during the period. Institutional investors own 86.50% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the sale, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction that occurred 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 sale, the vice president directly owned 20,099 shares of the company’s stock, valued at $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 29,222 shares of company stock valued at $6,362,003 over the last 90 days. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Sanford C. Bernstein increased their target price on RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research report on Monday, August 3rd. TD Cowen increased their price target on RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Weiss Ratings downgraded RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Wells Fargo & Company upped their price objective on RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Finally, Jefferies Financial Group set a $250.00 target price on RTX in a research report on Sunday, July 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

Get Our Latest Report on RTX

RTX News Summary

Here are the key news stories impacting RTX this week:

Positive Sentiment: Raytheon, RTX’s defense unit, received a $22.9 billion U.S. military contract to accelerate Tomahawk missile production. The award supports multiyear revenue visibility and reflects the need to replenish depleted U.S. and allied stockpiles. Raytheon’s Missile Windfall: What the Navy’s Record Tomahawk Order Means for RTX Corporation
Positive Sentiment: Recent analyst commentary highlights a 22% backlog increase to approximately $289 billion, strong defense demand and improving free cash flow. RTX’s latest quarterly results also showed revenue growth, earnings that exceeded expectations and particularly strong performance from Raytheon. RTX Stock Will Keep Rewarding Patient Investors
Positive Sentiment: Collins Aerospace completed altitude testing of its Enhanced Power and Cooling System for the F-35. Successful testing advances a next-generation system that could support future F-35 upgrades and related aerospace revenue. Why Is RTX Testing Progress Important for Its Next Generation Defense Systems?
Neutral Sentiment: RTX’s Blue Canyon Technologies introduced a new spacecraft mission-enablement product. The announcement reinforces RTX’s broader space and defense capabilities, although the near-term financial impact was not disclosed. RTX’s Blue Canyon Technologies Introduces New Spacecraft Mission Enabler
Negative Sentiment: One analyst downgraded RTX, citing its premium valuation alongside rising commercial aerospace maintenance costs. The concerns are important because the stock trades at a high earnings multiple, leaving less room for execution setbacks. RTX Corporation: More Missiles and Higher Commercial Maintenance Trigger Premium Price Tag

RTX Stock Up 0.8%

NYSE RTX opened at $211.93 on Thursday. 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 52 week low of $150.61 and a 52 week high of $226.88. The firm has a market capitalization of $285.63 billion, a price-to-earnings ratio of 37.31, a PEG ratio of 2.50 and a beta of 0.29. The company has a fifty day moving average of $205.11 and a two-hundred day moving average of $195.73.

RTX (NYSE:RTX – Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.23. The business had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, analysts predict that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

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

RTX Company Profile

(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.