National Pension Service boosted its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 3.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,929,485 shares of the company’s stock after purchasing an additional 101,496 shares during the quarter. National Pension Service owned approximately 0.22% of RTX worth $555,811,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. New Age Alpha Advisors LLC acquired a new stake in shares of RTX during the 4th quarter worth about $2,308,000. Vanguard Personalized Indexing Management LLC boosted its holdings in RTX by 5.1% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 212,944 shares of the company’s stock valued at $39,054,000 after purchasing an additional 10,426 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in RTX by 206.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 178,360 shares of the company’s stock valued at $32,711,000 after purchasing an additional 120,094 shares in the last quarter. Pine Valley Investments Ltd Liability Co increased its stake in RTX by 63.2% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 33,877 shares of the company’s stock valued at $6,535,000 after purchasing an additional 13,118 shares during the last quarter. Finally, Rokos Capital Management LLP increased its stake in RTX by 804.3% in the first quarter. Rokos Capital Management LLP now owns 556,152 shares of the company’s stock valued at $107,265,000 after purchasing an additional 494,652 shares during the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts have recently weighed in on RTX shares. Wells Fargo & Company boosted their price objective on shares of RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Morgan Stanley reaffirmed an “overweight” rating and issued a $240.00 target price on shares of RTX in a research report on Friday, July 24th. Royal Bank Of Canada lifted their price target on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Susquehanna boosted 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. Finally, Argus set a $245.00 price objective on shares of RTX in a research note on Thursday, July 30th. One equities research 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $228.59.
RTX Trading Down 0.6%
RTX opened at $197.66 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 $151.65 and a 52 week high of $226.88. The business’s 50 day moving average is $208.49 and its two-hundred day moving average is $195.99. The firm has a market cap of $266.39 billion, a price-to-earnings ratio of 34.80, a price-to-earnings-growth ratio of 2.56 and a beta of 0.29.
RTX (NYSE:RTX – Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period last year, the firm posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, research analysts predict that RTX Corporation will post 7.22 EPS for the current year.
RTX Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders 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 dividend on an annualized basis and a yield of 1.5%. RTX’s payout ratio is currently 51.41%.
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX secured a $472 million contract to modernize the U.S. Army’s CH-47 Chinook helicopter fleet. The work includes avionics upgrades and supports fleet readiness, strengthening RTX’s defense backlog and providing additional visibility for its Collins Aerospace business. Can Chinook Modernization Strengthen RTX’s Defense Growth?
- Neutral Sentiment: Several reports discuss NVIDIA’s potential new GeForce RTX 5070 variant, RTX 50-series pricing, DLSS frame-generation technology being enabled on older RTX 30-series cards, and RTX-powered laptops. These developments may affect NVIDIA’s graphics business and broader gaming-hardware demand, but they are not direct catalysts for RTX Corporation. Modders Unlock DLSS Multi Frame Generation For RTX 30-Series GPUs
- Neutral Sentiment: Reports on RTX-branded gaming laptops, HP systems using NVIDIA RTX technology, and a Chinese mini-PC featuring a mobile RTX 5090 indicate continued consumer interest in AI and gaming hardware. However, the products belong to NVIDIA and its hardware partners rather than RTX Corporation’s aerospace and defense operations. HP Launches OmniBook Products With NVIDIA RTX Spark
- Negative Sentiment: A report about a service center disposing of an RTX 4090 after a repair dispute could raise concerns about customer service for a particular NVIDIA graphics-card seller, but it does not appear financially material to RTX Corporation. Service Center Disposes of RTX 4090 After Repair Dispute
Insider Buying and Selling at RTX
In other news, insider Troy 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 completion of the sale, the insider directly owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction dated 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 transaction, 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 position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is owned by company insiders.
About RTX
RTX Corporation (NYSE:RTX) is an aerospace and defense company that develops and manufactures systems, products and services for commercial aviation, business aviation and government customers. Its offerings include aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, radar, air and missile defense systems, precision weapons and cybersecurity solutions.
The company operates through three principal businesses: Collins Aerospace, which provides aerospace systems and components; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance services; and Raytheon, which develops integrated defense systems, sensors, missiles and other mission technologies.
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