18,102 Shares in RTX Corporation $RTX Purchased by Cetera Trust Company N.A

Cetera Trust Company N.A bought a new position in RTX Corporation (NYSE:RTX) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 18,102 shares of the company’s stock, valued at approximately $3,434,000. RTX accounts for approximately 1.7% of Cetera Trust Company N.A’s investment portfolio, making the stock its 12th biggest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Fortress Financial Group LLC bought a new position in shares of RTX in the second quarter valued at approximately $358,000. Navalign LLC bought a new stake in RTX during the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC purchased a new stake in RTX in the 4th quarter worth approximately $26,000. Evergreen Advisors LLC purchased a new stake in RTX in the 1st quarter worth approximately $31,000. Finally, Core Wealth Advisors LLC bought a new position in RTX in the 4th quarter valued at $31,000. 86.50% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

RTX has been the topic of several research analyst reports. Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Argus set a $245.00 price objective on RTX in a research note on Thursday, July 30th. Jefferies Financial Group set a $250.00 target price on RTX in a research report on Sunday, July 26th. Citigroup restated a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $238.00 price target on shares of RTX in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $228.59.

Insiders Place Their Bets

In other news, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value 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. This represents a 10.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction dated 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 transaction, the insider owned 8,809 shares in the company, valued at $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 29,222 shares of company stock valued at $6,362,003 over the last 90 days. Insiders own 0.10% of the company’s stock.

RTX Price Performance

Shares of NYSE:RTX opened at $209.22 on Tuesday. The company’s fifty day moving average price is $204.25 and its 200-day moving average price is $195.53. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The firm has a market capitalization of $281.97 billion, a price-to-earnings ratio of 36.83, a PEG ratio of 2.50 and a beta of 0.29. RTX Corporation has a one year low of $150.61 and a one year high of $226.88.

RTX (NYSE:RTX) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping 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 company had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. During the same period in the previous 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. On average, equities research analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.4%. RTX’s payout ratio is 51.41%.

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.