Summit Financial Wealth Advisors LLC Sells 21,147 Shares of RTX Corporation $RTX

Summit Financial Wealth Advisors LLC lessened its holdings in RTX Corporation (NYSE:RTX) by 21.2% during the 1st quarter, HoldingsChannel reports. The firm owned 78,665 shares of the company’s stock after selling 21,147 shares during the period. RTX accounts for approximately 2.2% of Summit Financial Wealth Advisors LLC’s portfolio, making the stock its 13th largest position. Summit Financial Wealth Advisors LLC’s holdings in RTX were worth $15,174,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. Navalign LLC purchased a new position in RTX in the fourth quarter worth about $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX during the 4th quarter valued at approximately $26,000. Core Wealth Advisors LLC purchased a new stake in RTX during the 4th quarter valued at $31,000. 1 North Wealth Services LLC lifted its position in RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after buying an additional 137 shares during the last quarter. Finally, Evergreen Advisors LLC bought a new stake in shares of RTX in the 1st quarter worth about $31,000. Institutional investors own 86.50% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Pratt & Whitney, RTX’s engine business, received a nearly $1.3 billion undefinitized contract for F135 engine spare parts. The award supports sustainment of engines powering all three F-35 Lightning II variants, strengthening RTX’s defense backlog and long-term revenue visibility. RTX’s Pratt & Whitney awarded $1.3 billion F135 sustainment contract
• Positive Sentiment: Investor sentiment remains supported by RTX’s latest earnings beat: quarterly revenue rose 14.5% year over year to $24.71 billion, while EPS of $1.89 exceeded consensus by $0.23. Management also raised its full-year 2026 outlook, with guidance of $7.10-$7.25 in EPS, citing a record $289 billion backlog across commercial aftermarket and defense programs. How RTX’s Q2 Beat, Raised Outlook and Record Backlog Will Impact RTX Investors
• Positive Sentiment: Analyst support has improved after the earnings report, with Morgan Stanley raising its RTX price target. RTX is also being highlighted among industrial stocks positioned to benefit from resilient manufacturing, defense demand and infrastructure investment. Morgan Stanley raises RTX stock price target after earnings
• Neutral Sentiment: A comparison of RTX with Redwire frames RTX as the more established company, benefiting from scale, execution and a substantial backlog, while Redwire offers potentially faster sales and earnings growth. The analysis underscores RTX’s steadier profile but also suggests investors should weigh its higher valuation against its growth prospects. RTX vs. Redwire: Which Aerospace & Defense Stock Offers More Upside?
• Negative Sentiment: Reports of insider selling briefly pressured RTX shares, highlighting profit-taking risk after a strong rally toward the stock’s 12-month high. RTX’s valuation—about 38 times earnings—also leaves the stock more sensitive to any disappointment in execution or guidance. RTX shares down following insider selling

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on RTX shares. Jefferies Financial Group set a $250.00 price objective on shares of RTX in a research report on Sunday, July 26th. Argus set a $245.00 target price on RTX in a research report on Thursday. Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 target price on shares of RTX in a research note on Friday, July 24th. Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $226.94.

RTX Price Performance

Shares of RTX stock opened at $215.58 on Friday. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $221.34. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The stock has a fifty day simple moving average of $191.15 and a two-hundred day simple moving average of $193.19. The stock has a market capitalization of $290.55 billion, a price-to-earnings ratio of 37.95, a P/E/G ratio of 2.55 and a beta of 0.30.

RTX (NYSE:RTX) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating 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 company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same period last year, the company posted $1.56 earnings per share. RTX’s 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. On average, analysts predict that RTX Corporation will post 7.21 EPS for the current fiscal year.

RTX Announces Dividend

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

Insider Activity at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $210.29, for a total value of $1,799,451.53. Following the transaction, the insider directly owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. This represents 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 accessible through the SEC website. Also, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were 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 owned 20,099 shares in the company, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 15,567 shares of company stock worth $3,304,375. 0.10% of the stock is owned by insiders.

RTX Profile

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.