Nissay Asset Management Corp Japan lifted its position in RTX Corporation (NYSE:RTX – Free Report) by 3.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 178,931 shares of the company’s stock after acquiring an additional 5,505 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in RTX were worth $33,949,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in RTX. BlackRock Inc. bought a new position in RTX during the second quarter worth $20,970,571,000. Norges Bank bought a new stake in RTX during the fourth quarter valued at $3,167,626,000. Auto Owners Insurance Co raised its holdings in shares of RTX by 24,730.9% during the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after purchasing 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 second quarter worth $1,456,256,000. Finally, Legal & General Group Plc bought a new position in shares of RTX in the 2nd quarter worth about $1,267,256,000. 86.50% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the sale, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 value 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 trade represents a 49.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 29,222 shares of company stock worth $6,362,003. Insiders own 0.10% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on RTX
Trending Headlines about RTX
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.
RTX Stock Performance
Shares of RTX opened at $211.97 on Friday. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88. The company has a market cap of $285.68 billion, a price-to-earnings 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 quick ratio of 0.78 and a current ratio of 1.01. The firm has a fifty day moving average of $206.15 and a 200-day moving average of $195.94.
RTX (NYSE:RTX – Get Free Report) last released 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 net margin of 8.28% and a return on equity of 13.99%. The business had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same quarter in the prior year, the firm earned $1.56 earnings per share. The company’s quarterly revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current year.
RTX Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders 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 yield of 1.4%. RTX’s dividend payout ratio is 51.41%.
About RTX
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.
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