Tiemann Investment Advisors LLC Takes Position in RTX Corporation $RTX

Tiemann Investment Advisors LLC acquired a new stake in RTX Corporation (NYSE:RTXFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 6,616 shares of the company’s stock, valued at approximately $1,255,000.

Several other hedge funds have also recently bought and sold shares of the business. Texas Capital Bank Wealth Management Services Inc bought a new position in RTX during the second quarter valued at about $2,221,000. Cornerstone Advisors LLC bought a new stake in shares of RTX during the 2nd quarter worth about $17,178,000. Tortoise Investment Management LLC bought a new stake in shares of RTX during the 2nd quarter worth about $372,000. Pavion Blue Capital LLC acquired a new position in shares of RTX during the 2nd quarter valued at about $1,021,000. Finally, UNIVEST FINANCIAL Corp bought a new position in shares of RTX in the 2nd quarter valued at approximately $1,252,000. 86.50% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $213.62, for a total value 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 position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the transaction, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 15,567 shares of company stock worth $3,304,375 in the last ninety days. 0.10% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

RTX has been the subject of several analyst reports. Citigroup restated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Argus set a $245.00 price target on shares of RTX in a research report on Thursday, July 30th. Jefferies Financial Group set a $250.00 price objective on shares of RTX in a research note on Sunday, July 26th. UBS Group upped their price objective on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Finally, Royal Bank Of Canada lifted their target price on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $228.59.

Read Our Latest Stock Analysis on RTX

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: Raytheon won a $22.9 billion, seven-year Tomahawk missile contract from the U.S. Navy. The agreement is intended to sharply expand annual production from approximately 60 missiles to more than 1,000, creating significant multi-year visibility for RTX’s defense business. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
  • Positive Sentiment: The contract supports the Pentagon’s effort to replenish critical munitions and follows heavy Tomahawk usage in military operations. Investors view the award as evidence of sustained government demand and a potential catalyst for RTX’s defense growth. The US military is paying RTX’s Raytheon more for Tomahawk missiles
  • Positive Sentiment: RTX’s latest quarterly results provide additional support: earnings per share reached $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS guidance of $7.10–$7.25 remains broadly consistent with analyst expectations.
  • Neutral Sentiment: The contract is strategically significant, but its effect on near-term earnings will depend on production execution, capacity expansion, costs and the timing of deliveries. RTX also trades at a relatively elevated valuation, with a reported P/E near 39.
  • Neutral Sentiment: Several other articles concern Nvidia GeForce RTX graphics cards, laptops or unrelated technology promotions rather than RTX Corporation. They do not materially affect the company’s investment outlook. Esports Hotel Thieves Caught Swapping Out RTX 5080 GPUs for RTX 3060s

RTX Price Performance

Shares of NYSE:RTX opened at $221.87 on Tuesday. The company has a market cap of $299.03 billion, a price-to-earnings ratio of 39.06, a PEG ratio of 2.65 and a beta of 0.29. The business has a 50 day moving average price of $200.88 and a 200 day moving average price of $195.01. 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 twelve month low of $150.61 and a twelve month high of $226.88.

RTX (NYSE:RTXGet Free Report) last issued its quarterly 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 company 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 business posted $1.56 EPS. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Research analysts predict that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a dividend of $0.73 per share. 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 payout ratio is 51.41%.

About RTX

(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.

See Also

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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