D.B. Root & Company LLC Acquires New Stake in RTX Corporation $RTX

Posted by Stanley Muller on Aug 24th, 2026

D.B. Root & Company LLC purchased a new position in shares of RTX Corporation (NYSE:RTX – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 6,449 shares of the company’s stock, valued at approximately $1,224,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in RTX in the second quarter valued at approximately $20,970,571,000. Norges Bank purchased a new stake in shares of RTX during the 4th quarter valued at $3,167,626,000. Auto Owners Insurance Co grew its stake in shares of RTX by 24,730.9% during 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 period. Bank of New York Mellon Corp acquired a new stake in shares of RTX during the 2nd quarter worth $1,456,256,000. Finally, Deutsche Bank AG purchased a new position in shares of RTX in the 2nd quarter worth $725,900,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

Positive Sentiment: The European Commission closed its antitrust investigation into Pratt & Whitney Canada, RTX’s aircraft-engine unit. The decision removes the risk of potential enforcement action, fines or business restrictions tied to the probe. EU closes antitrust probe into RTX’s Pratt & Whitney
Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract. The award should improve long-term revenue visibility, support higher production and strengthen RTX’s defense backlog through the 2030s. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
Positive Sentiment: Recent quarterly results also remain supportive: RTX exceeded EPS and revenue expectations, posted 14.5% year-over-year revenue growth and raised confidence in its fiscal 2026 outlook. These results reinforce the company’s ability to convert its backlog into cash-generating programs. How Investors May Respond to RTX Winning a US$22.9 Billion Tomahawk Deal and Raising Guidance
Neutral Sentiment: Broader market volatility, including concerns about Treasury policy, oil prices and upcoming inflation data, may be contributing to pressure across equities rather than reflecting a change in RTX’s fundamentals.
Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by about 51%. While the sale may be routine, it can weigh on sentiment when the stock is near its 52-week high. RTX EVP Sells 13,655 Shares
Negative Sentiment: RTX trades at a demanding earnings multiple after a substantial rally. The valuation leaves less room for execution disappointments and may encourage investors to take profits.

RTX Stock Performance

Shares of RTX opened at $210.36 on Monday. The business’s 50 day moving average is $203.73 and its two-hundred day moving average is $195.49. RTX Corporation has a 52-week low of $150.61 and a 52-week high of $226.88. The firm has a market cap of $283.51 billion, a price-to-earnings ratio of 37.04, a PEG ratio of 2.50 and a beta of 0.29. 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 (NYSE:RTX – Get Free Report) last released its earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $22.89 billion. During the same period in the prior year, the business posted $1.56 EPS. The business’s revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts forecast that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages recently weighed in on RTX. Susquehanna lifted their target price on RTX from $235.00 to $245.00 and gave the company a “positive” rating in a report on Friday, July 24th. Citigroup restated a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. TD Cowen raised their price objective on RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, July 27th. Jefferies Financial Group set a $250.00 price objective on RTX in a research note on Sunday, July 26th. Finally, Royal Bank Of Canada boosted their target price on RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $228.59.

Check Out Our Latest Stock Report on RTX

Insiders Place Their Bets

In other news, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction that occurred on 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 sale, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction on Friday, July 24th. The stock was sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the sale, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. This represents a 17.56% 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. 0.10% of the stock is owned by company insiders.

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.