Freestone Grove Partners LP Makes New Investment in RTX Corporation $RTX

Posted by Geri Gentry on Aug 27th, 2026

Freestone Grove Partners LP acquired a new position in RTX Corporation (NYSE:RTX – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 830,532 shares of the company’s stock, valued at approximately $157,577,000. RTX comprises 1.0% of Freestone Grove Partners LP’s portfolio, making the stock its 4th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of RTX. Fortress Financial Group LLC bought a new position in RTX during the second quarter valued at approximately $358,000. Navalign LLC bought a new position in shares of RTX during the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX during the 4th quarter valued at $26,000. Evergreen Advisors LLC purchased a new position in shares of RTX in the 1st quarter worth $31,000. Finally, Core Wealth Advisors LLC bought a new stake in shares of RTX in the fourth quarter worth $31,000. Institutional investors own 86.50% of the company’s stock.

RTX Price Performance

Shares of RTX stock opened at $211.93 on Thursday. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. The stock’s fifty day moving average is $205.11 and its 200 day moving average is $195.73. The stock has a market cap of $285.63 billion, a P/E ratio of 37.31, a P/E/G ratio of 2.50 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01.

RTX (NYSE:RTX – Get Free Report) last released 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. 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 earned $1.56 earnings per share. RTX’s quarterly revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Sell-side analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Dividend Announcement

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

Insider Activity at RTX

In other RTX news, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction that occurred on Friday, July 24th. The shares were 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 of the company’s stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the transaction, 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 position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is owned by company insiders.

Trending Headlines about RTX

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

Analyst Ratings Changes

RTX has been the subject of a number of research reports. Morgan Stanley reiterated an “overweight” rating and set a $240.00 price objective on shares of RTX in a research report on Friday, July 24th. Robert W. Baird set a $240.00 price target on RTX in a research note on Friday, July 24th. Wells Fargo & Company upped their price target on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. Weiss Ratings cut shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $238.00 price objective on shares of RTX in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $228.59.

Check Out Our Latest Stock Report on RTX

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.