Campbell Newman Asset Management Inc. Sells 11,344 Shares of RTX Corporation $RTX

Posted by Stanley Muller on Aug 29th, 2026

Campbell Newman Asset Management Inc. cut its stake in RTX Corporation (NYSE:RTX – Free Report) by 5.1% in the 2nd quarter, Holdings Channel reports. The fund owned 210,672 shares of the company’s stock after selling 11,344 shares during the quarter. RTX comprises about 3.0% of Campbell Newman Asset Management Inc.’s holdings, making the stock its 14th largest position. Campbell Newman Asset Management Inc.’s holdings in RTX were worth $39,971,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Milestone Asset Management Group LLC increased its stake in shares of RTX by 34.7% in the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after acquiring an additional 7,738 shares during the last quarter. New Age Alpha Advisors LLC acquired a new stake in RTX during the fourth quarter valued at $2,308,000. Truist Financial Corp grew its stake in RTX by 2.3% in the fourth quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock valued at $424,575,000 after purchasing an additional 53,045 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in RTX by 5.1% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 212,944 shares of the company’s stock worth $39,054,000 after purchasing an additional 10,426 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its position in RTX by 206.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 178,360 shares of the company’s stock worth $32,711,000 after purchasing an additional 120,094 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

Shares of RTX opened at $211.97 on Friday. The company has a market capitalization of $285.68 billion, a PE ratio of 37.32, a price-to-earnings-growth ratio of 2.52 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. The company’s fifty day moving average price is $206.15 and its 200 day moving average price is $195.94.

RTX (NYSE:RTX – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. The company had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, analysts expect that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts recently commented on RTX shares. TD Cowen boosted their price target on RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, July 27th. UBS Group lifted their target price on shares of RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Morgan Stanley reissued an “overweight” rating and issued a $240.00 target price on shares of RTX in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $238.00 price target on shares of RTX in a report on Monday, July 27th. Finally, Sanford C. Bernstein lifted their price objective on shares of RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

Get Our Latest Stock Report on RTX

RTX News Summary

Here are the key news stories impacting RTX this week:

Positive Sentiment: Raytheon won a $22.9 billion, seven-year U.S. military contract to accelerate Tomahawk missile production from roughly 60 to 1,000 missiles annually. The award materially expands RTX’s backlog and visibility, while highlighting sustained demand to replenish U.S. and allied weapons inventories. Is RTX Undervalued As Its $22.9 Billion Missile Contract Expands Backlog?
Positive Sentiment: Raytheon completed a $50 million expansion of its Forest, Mississippi, facility. The 17,000-square-foot addition is intended to increase production of electronic-warfare and radar systems and is expected to create 100 high-skilled jobs by 2028, supporting RTX’s ability to fulfill growing defense orders. RTX’s Raytheon Completes $50 Million Expansion of Mississippi Manufacturing Facility
Positive Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation for RTX. This provides continued analyst support following the company’s latest earnings beat, in which revenue rose 14.5% year over year and earnings exceeded consensus estimates. RTX Receives Consensus Recommendation of Moderate Buy
Neutral Sentiment: Recent coverage comparing RTX with Rolls-Royce and the broader aerospace sector indicates that RTX has delivered strong performance this year, including an approximately 18% 90-day gain and 13% year-to-date increase. The comparison reinforces momentum but does not represent a new company catalyst. Are Aerospace Stocks Lagging RTX Corporation This Year?
Neutral Sentiment: Most other articles concern NVIDIA’s GeForce RTX graphics cards, DLSS software, gaming PCs, or unrelated companies. Those reports do not materially affect RTX Corporation’s aerospace and defense operations or its stock.

Insider Buying and Selling at RTX

In other news, VP Kevin G. Dasilva sold 2,250 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the sale, the vice president directly owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction 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 completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,222 shares of company stock valued at $6,362,003 in the last 90 days. 0.10% of the stock is currently owned by 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.