UP Strategic Wealth Investment Advisors LLC purchased a new stake in shares of RTX Corporation (NYSE:RTX – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,434 shares of the company’s stock, valued at approximately $541,000.
Several other institutional investors have also recently made changes to their positions in RTX. Navalign LLC purchased a new stake in RTX in the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC purchased a new stake in RTX in the 4th quarter worth about $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX in the fourth quarter worth about $31,000. 1 North Wealth Services LLC raised its holdings in RTX by 456.7% during 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 during the period. Finally, Evergreen Advisors LLC bought a new stake in shares of RTX during the 1st quarter valued at $31,000. Institutional investors own 86.50% of the company’s stock.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raytheon won a $22.9 billion, seven-year Tomahawk missile contract from the U.S. Navy. The agreement is intended to sharply expand annual production from approximately 60 missiles to more than 1,000, creating significant multi-year visibility for RTX’s defense business. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
- Positive Sentiment: The contract supports the Pentagon’s effort to replenish critical munitions and follows heavy Tomahawk usage in military operations. Investors view the award as evidence of sustained government demand and a potential catalyst for RTX’s defense growth. The US military is paying RTX’s Raytheon more for Tomahawk missiles
- Positive Sentiment: RTX’s latest quarterly results provide additional support: earnings per share reached $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS guidance of $7.10–$7.25 remains broadly consistent with analyst expectations.
- Neutral Sentiment: The contract is strategically significant, but its effect on near-term earnings will depend on production execution, capacity expansion, costs and the timing of deliveries. RTX also trades at a relatively elevated valuation, with a reported P/E near 39.
- Neutral Sentiment: Several other articles concern Nvidia GeForce RTX graphics cards, laptops or unrelated technology promotions rather than RTX Corporation. They do not materially affect the company’s investment outlook. Esports Hotel Thieves Caught Swapping Out RTX 5080 GPUs for RTX 3060s
Analysts Set New Price Targets
Read Our Latest Stock Analysis on RTX
RTX Stock Performance
Shares of RTX opened at $221.87 on Tuesday. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average price is $200.88 and its 200-day moving average price is $195.01. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88. The stock has a market cap of $299.03 billion, a P/E ratio of 39.06, a P/E/G ratio of 2.65 and a beta of 0.29.
RTX (NYSE:RTX – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.23. The firm had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.RTX’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities research analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current fiscal year.
RTX Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio (DPR) is presently 51.41%.
Insider Buying and Selling
In other RTX 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the transaction, the vice president directly owned 20,099 shares in the company, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 15,567 shares of company stock valued at $3,304,375 over the last quarter. Company insiders own 0.10% of the company’s stock.
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.
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