Schuylkill Financial LLC bought a new position in shares of RTX Corporation (NYSE:RTX – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 4,428 shares of the company’s stock, valued at approximately $840,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of RTX in the second quarter valued at about $20,970,571,000. Norges Bank bought a new position in shares of RTX during the fourth quarter worth about $3,167,626,000. Auto Owners Insurance Co raised its position in RTX by 24,730.9% in the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after buying an additional 10,062,269 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in RTX in the 2nd quarter valued at approximately $1,456,256,000. Finally, Legal & General Group Plc bought a new stake in RTX in the 2nd quarter valued at approximately $1,267,256,000. Institutional investors and hedge funds own 86.50% of the company’s stock.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Pratt & Whitney is expanding production capacity. The RTX business is investing $25 million to expand its precision-parts facility in Niepołomice, Poland. The project is expected to be operational in 2028, add more than 120 jobs, and support rising demand for commercial and military engines. RTX Pratt & Whitney Poland expansion
- Positive Sentiment: Defense demand remains a key tailwind. Naval modernization contracts and RTX’s substantial backlog are viewed as supporting longer-term revenue visibility, potentially offering investors an attractive entry point following the sector’s pullback. Defense stocks and Navy tailwinds
- Neutral Sentiment: Valuation signals are mixed. A recent analysis found RTX potentially undervalued based on discounted cash flow, while earnings multiples suggest the stock is closer to fair value after a 169.7% five-year advance. That may limit near-term upside unless earnings growth accelerates. RTX valuation analysis
- Positive Sentiment: Analyst sentiment remains favorable. Wall Street commentary continues to highlight optimistic recommendations for RTX, supporting the view that the recent weakness may be a consolidation rather than a change in the long-term outlook. Wall Street outlook for RTX
Insider Buying and Selling
RTX Stock Performance
NYSE:RTX opened at $200.75 on Friday. The stock has a 50 day simple moving average of $207.91 and a 200 day simple moving average of $196.13. The stock has a market cap of $270.56 billion, a P/E ratio of 35.34, a PEG ratio of 2.59 and a beta of 0.29. RTX Corporation has a 1-year low of $150.61 and a 1-year 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 issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. The firm had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Research analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current year.
RTX Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Friday, August 14th were paid a $0.73 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.5%. RTX’s dividend payout ratio is 51.41%.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the company. Weiss Ratings raised RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 25th. Robert W. Baird set a $240.00 price target on RTX in a report on Friday, July 24th. Argus set a $245.00 price target on RTX in a research note on Thursday, July 30th. UBS Group lifted their price objective on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Citigroup reiterated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. One investment 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. According to MarketBeat, RTX has an average rating of “Moderate Buy” and a consensus target price of $228.59.
Read Our Latest Stock Analysis 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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