RTX Corporation $RTX Shares Sold by NewEdge Wealth LLC

NewEdge Wealth LLC lessened its holdings in shares of RTX Corporation (NYSE:RTX) by 12.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,825 shares of the company’s stock after selling 6,092 shares during the period. NewEdge Wealth LLC’s holdings in RTX were worth $8,068,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Acumen Wealth Advisors LLC boosted its holdings in RTX by 1,089.3% in the first quarter. Acumen Wealth Advisors LLC now owns 6,470 shares of the company’s stock valued at $1,248,000 after purchasing an additional 5,926 shares during the last quarter. CI Investments Inc. raised its stake in shares of RTX by 3,270.6% during the 1st quarter. CI Investments Inc. now owns 315,590 shares of the company’s stock valued at $60,877,000 after buying an additional 306,227 shares during the last quarter. Chase Investment Counsel Corp purchased a new position in shares of RTX during the 1st quarter valued at about $411,000. Himension Capital Singapore PTE. LTD. acquired a new position in shares of RTX in the 1st quarter valued at about $2,224,000. Finally, Meiji Yasuda America Inc acquired a new position in shares of RTX in the 1st quarter valued at about $4,939,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on RTX shares. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. UBS Group decreased their price target on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Wells Fargo & Company began coverage on RTX in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price objective on the stock. Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Finally, Morgan Stanley dropped their price objective on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $211.38.

RTX Trading Up 7.2%

RTX stock opened at $208.97 on Friday. The company’s 50-day simple moving average is $186.24 and its 200-day simple moving average is $192.04. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. RTX Corporation has a 52-week low of $150.61 and a 52-week high of $214.50. The firm has a market cap of $281.42 billion, a P/E ratio of 39.21, a PEG ratio of 2.67 and a beta of 0.30.

RTX (NYSE:RTX) last announced its quarterly 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 13.50% and a net margin of 8.03%.The firm had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same quarter in the previous year, the business earned $1.56 EPS. RTX’s revenue for the quarter was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities analysts forecast that RTX Corporation will post 6.92 EPS for the current fiscal year.

RTX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio (DPR) is presently 54.78%.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX beat Q2 expectations with adjusted EPS of $1.89 on revenue of $24.71 billion, driven by 14% sales growth and stronger commercial aftermarket and defense demand. RTX Reports Q2 2026 Results
• Positive Sentiment: The company lifted 2026 guidance to $95 billion-$96 billion in sales and $7.10-$7.25 in adjusted EPS, suggesting management sees continued momentum ahead. RTX Again Raises Full-Year Forecast on Robust Demand, Higher Backlog
• Positive Sentiment: Backlog hit a record $289 billion, highlighting multiyear demand visibility, especially in defense programs and missile orders. Missile Orders Give RTX, Lockheed Stock a Boost
• Positive Sentiment: Pratt & Whitney’s operational issues appear to be improving, while strong GTF engine orders and commitments support future aerospace growth. RTX’s Pratt & Whitney GTF engines surpass 800 orders and commitments in 2026, year to date
• Neutral Sentiment: Some commentary notes RTX has strong tailwinds, but also limited room for execution missteps given already-high expectations. RTX: Lots Of Tailwinds, But Little Margin For Error

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.