Silverlake Wealth Management LLC Purchases New Holdings in RTX Corporation $RTX

Silverlake Wealth Management LLC acquired a new stake in shares of RTX Corporation (NYSE:RTX) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,063 shares of the company’s stock, valued at approximately $581,000.

A number of other hedge funds also recently added to or reduced their stakes in RTX. Navalign LLC acquired a new stake in shares of RTX during the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX in the 4th quarter valued at $26,000. Evergreen Advisors LLC acquired a new position in RTX in the 1st quarter valued at $31,000. Core Wealth Advisors LLC purchased a new position in RTX during the 4th quarter worth $31,000. Finally, 1 North Wealth Services LLC raised its position in RTX by 456.7% during the 4th 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. 86.50% of the stock is owned by institutional investors and hedge funds.

RTX Price Performance

Shares of NYSE RTX opened at $222.88 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. The firm has a market capitalization of $300.38 billion, a P/E ratio of 39.24, a PEG ratio of 2.65 and a beta of 0.29. The company’s fifty day moving average is $200.02 and its two-hundred day moving average is $194.86.

RTX (NYSE:RTX) last announced 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. 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 the consensus estimate of $22.89 billion. During the same quarter last year, the firm posted $1.56 EPS. The business’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. Analysts forecast that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Announces Dividend

The business 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 dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is presently 51.41%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Robert W. Baird set a $240.00 price target on shares of RTX in a report on Friday, July 24th. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Argus set a $245.00 price objective on RTX in a report on Thursday, July 30th. Finally, Jefferies Financial Group set a $250.00 target price on RTX in a research report on Sunday, July 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $228.59.

Insider Transactions at RTX

In other news, VP Kevin G. Dasilva sold 4,760 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the sale, the vice president owned 22,349 shares of the company’s stock, valued at $4,774,193.38. The trade was a 17.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 15,567 shares of company stock valued at $3,304,375. 0.10% of the stock is currently owned by corporate insiders.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

RTX Company 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.