QRG Capital Management Inc. Buys 35,269 Shares of RTX Corporation $RTX

QRG Capital Management Inc. grew its stake in RTX Corporation (NYSE:RTXFree Report) by 18.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 226,195 shares of the company’s stock after purchasing an additional 35,269 shares during the period. QRG Capital Management Inc.’s holdings in RTX were worth $42,916,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Commonwealth Retirement Investments LLC acquired a new stake in RTX during the fourth quarter worth about $26,000. Core Wealth Advisors LLC bought a new position in RTX during the fourth quarter valued at about $31,000. 1 North Wealth Services LLC raised its holdings in RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after acquiring an additional 137 shares in the last quarter. Evergreen Advisors LLC acquired a new position in RTX in the 1st quarter valued at approximately $31,000. Finally, Signature Resources Capital Management LLC lifted its position in shares of RTX by 111.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock worth $36,000 after acquiring an additional 97 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on RTX shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $238.00 price objective on shares of RTX in a report on Monday, July 27th. Wells Fargo & Company lifted their price target on shares of RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Sanford C. Bernstein dropped their price objective on shares of RTX from $232.00 to $223.00 and set a “market perform” rating for the company in a research note on Wednesday. Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Finally, Jefferies Financial Group set a $250.00 target price on shares of RTX in a research report on Sunday, July 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, RTX has an average rating of “Moderate Buy” and a consensus price target of $228.06.

Check Out Our Latest Stock Analysis on RTX

RTX Price Performance

Shares of RTX traded up $1.25 during mid-day trading on Wednesday, reaching $192.24. The company had a trading volume of 4,219,845 shares, compared to its average volume of 5,437,536. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The company has a market capitalization of $259.09 billion, a P/E ratio of 33.84, a P/E/G ratio of 2.50 and a beta of 0.29. RTX Corporation has a twelve month low of $155.64 and a twelve month high of $226.88. The company’s 50-day moving average is $208.07 and its 200-day moving average is $195.48.

RTX (NYSE:RTXGet Free Report) last announced its quarterly 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 business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same quarter in the previous year, the firm earned $1.56 EPS. RTX’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. On average, equities analysts anticipate that RTX Corporation will post 7.22 EPS for the current year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th were paid a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, August 14th. RTX’s payout ratio is currently 51.41%.

Insider Transactions at RTX

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the transaction, the vice president directly owned 20,099 shares in the company, valued at $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the company’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 sale, the insider directly owned 8,809 shares in the company, valued at $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by insiders.

RTX News Summary

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: RTX formed an alliance with Xcimer Energy to explore pulsed-laser and fusion technologies for potential future directed-energy defense systems. The opportunity is long term and speculative, but it reinforces RTX’s positioning in advanced defense technology. RTX also named Jill Albertelli as the incoming president of Pratt & Whitney, providing a planned leadership transition at a key business. What Could RTX Fusion Laser Push And Pratt Leadership Change Mean?
  • Positive Sentiment: A defense analysis warning that the U.S. is running low on critical weapons highlights potential replenishment demand for contractors such as RTX. This could support the company’s defense backlog, though actual revenue benefits depend on future government awards and production capacity. US Running Low on the 2 Weapons It Would Need Most
  • Neutral Sentiment: Sanford C. Bernstein lowered its RTX price target to $223 from $232 while maintaining a “market perform” rating. The reduced target is a modest negative signal, but it still implies substantial potential upside from the reference price and does not represent a bearish rating change.
  • Neutral Sentiment: Zacks articles have increased investor attention around RTX and cite its growth characteristics and recent earnings strength. However, these are largely educational or screening-focused pieces rather than new fundamental catalysts. RTX’s latest reported quarter exceeded earnings and revenue expectations, with revenue up 14.5% year over year.
  • Negative Sentiment: A report that Iran may reopen the Strait of Hormuz triggered a broader decline in aerospace and defense shares, including RTX, as investors reassessed geopolitical risk and near-term defense demand. The pressure appears sector-wide rather than tied to a new RTX-specific operational problem. Defense Stocks Fall While Oil Slides on Hormuz Reopening Report

RTX Profile

(Free Report)

RTX Corporation (NYSE:RTX) is an aerospace and defense company that develops and manufactures systems, products and services for commercial aviation, business aviation and government customers. Its offerings include aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, radar, air and missile defense systems, precision weapons and cybersecurity solutions.

The company operates through three principal businesses: Collins Aerospace, which provides aerospace systems and components; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance services; and Raytheon, which develops integrated defense systems, sensors, missiles and other mission technologies.

See Also

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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