Callan Family Office LLC Makes New $21.66 Million Investment in RTX Corporation $RTX

Callan Family Office LLC acquired a new stake in shares of RTX Corporation (NYSE:RTX) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 114,183 shares of the company’s stock, valued at approximately $21,664,000.

A number of other institutional investors have also recently made changes to their positions in the company. Alpha Cubed Investments LLC lifted its position in shares of RTX by 0.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after buying an additional 50 shares in the last quarter. Schulhoff & Co. Inc. grew its holdings in RTX by 1.7% during the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after buying an additional 52 shares in the last quarter. Sunbeam Capital Management LLC increased its stake in RTX by 1.6% in the 4th quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock worth $620,000 after acquiring an additional 53 shares during the last quarter. Sequent Planning LLC raised its holdings in shares of RTX by 1.6% during the 4th quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock worth $617,000 after acquiring an additional 54 shares in the last quarter. Finally, Boston Family Office LLC boosted its position in shares of RTX by 0.3% during the 4th quarter. Boston Family Office LLC now owns 17,857 shares of the company’s stock valued at $3,275,000 after acquiring an additional 54 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Robert W. Baird set a $240.00 price target on shares of RTX in a report on Friday, July 24th. Sanford C. Bernstein lifted their price target on RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research report on Monday, August 3rd. Susquehanna boosted their price objective on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research note on Friday, July 24th. Finally, Royal Bank Of Canada raised their price objective on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and a consensus target price of $228.59.

RTX Stock Performance

RTX stock opened at $210.36 on Friday. The firm has a market cap of $283.51 billion, a price-to-earnings ratio of 37.04, a PEG ratio of 2.53 and a beta of 0.29. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88. 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 fifty day simple moving average is $203.73 and its two-hundred day simple moving average is $195.53.

RTX (NYSE:RTX) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping 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 the consensus estimate of $22.89 billion. During the same quarter last year, the firm posted $1.56 EPS. The firm’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 predict that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

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

Insider Activity

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction 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 transaction, the vice president directly owned 20,099 shares in the company, valued at $4,360,076.07. This trade represents a 10.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction on Friday, July 24th. The shares were sold at an average price of $210.29, for a total value of $1,799,451.53. Following the sale, the insider directly owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 29,222 shares of company stock valued at $6,362,003. Corporate insiders own 0.10% of the company’s stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The European Commission closed its antitrust investigation into Pratt & Whitney Canada, RTX’s aircraft-engine unit. The decision removes the risk of potential enforcement action, fines or business restrictions tied to the probe. EU closes antitrust probe into RTX’s Pratt & Whitney
• Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract. The award should improve long-term revenue visibility, support higher production and strengthen RTX’s defense backlog through the 2030s. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
• Positive Sentiment: Recent quarterly results also remain supportive: RTX exceeded EPS and revenue expectations, posted 14.5% year-over-year revenue growth and raised confidence in its fiscal 2026 outlook. These results reinforce the company’s ability to convert its backlog into cash-generating programs. How Investors May Respond to RTX Winning a US$22.9 Billion Tomahawk Deal and Raising Guidance
• Neutral Sentiment: Broader market volatility, including concerns about Treasury policy, oil prices and upcoming inflation data, may be contributing to pressure across equities rather than reflecting a change in RTX’s fundamentals.
• Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by about 51%. While the sale may be routine, it can weigh on sentiment when the stock is near its 52-week high. RTX EVP Sells 13,655 Shares
• Negative Sentiment: RTX trades at a demanding earnings multiple after a substantial rally. The valuation leaves less room for execution disappointments and may encourage investors to take profits.

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.