Kinetic Partners Management LP Purchases Shares of 469,300 RTX Corporation $RTX

Kinetic Partners Management LP acquired a new position in shares of RTX Corporation (NYSE:RTX) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 469,300 shares of the company’s stock, valued at approximately $89,040,000. RTX accounts for about 2.1% of Kinetic Partners Management LP’s holdings, making the stock its 14th largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in RTX. EFG International AG acquired a new stake in RTX in the 2nd quarter valued at approximately $2,618,000. Primecap Management Co. CA bought a new stake in RTX during the 2nd quarter valued at $71,331,000. PDT Partners LLC acquired a new position in RTX during the 2nd quarter worth $5,586,000. Palisade Capital Management LP acquired a new position in RTX during the 2nd quarter worth $367,000. Finally, Canada Pension Plan Investment Board bought a new position in shares of RTX in the second quarter worth $482,687,000. 86.50% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This trade represents a 50.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction 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 sale, the insider directly 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. In the last 90 days, insiders sold 29,222 shares of company stock worth $6,362,003. Insiders own 0.10% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace completes F-35 altitude testing: RTX’s Collins Aerospace successfully completed high-altitude testing of its Enhanced Power and Cooling System (EPACS), validating performance in conditions relevant to real-world F-35 operations. The system is designed to provide greater cooling capacity for advanced mission systems, supporting future F-35 upgrades and potentially other defense and commercial aircraft programs. The milestone reinforces RTX’s technology position, although it is not expected to create an immediate material revenue impact. RTX Collins Aerospace EPACS completes altitude testing
• Positive Sentiment: RTX remains a strong aerospace and defense performer: Recent comparisons of RTX with L3Harris, GE Aerospace and Boeing highlight its momentum, growth outlook, return on invested capital and exposure to commercial aerospace recovery and defense demand. The favorable sector positioning may be supporting investor interest in RTX. RTX versus L3Harris aerospace momentum comparison
• Neutral Sentiment: NVIDIA “RTX” coverage is unrelated to RTX Corporation: Reports on DLSS 4.5, RTX Remix, RTX Spark laptops, GeForce graphics cards and gaming PCs concern NVIDIA’s product ecosystem. They do not represent announcements, sales or competitive developments for NYSE:RTX and should not be treated as direct catalysts for RTX Corporation’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on RTX. Royal Bank Of Canada raised their price target on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, July 24th. UBS Group increased their target price on shares of RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Citigroup reissued a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Robert W. Baird set a $240.00 price target on shares of RTX in a research report on Friday, July 24th. Finally, Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $228.59.

RTX Price Performance

Shares of RTX stock opened at $210.32 on Wednesday. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88. 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 market cap of $283.47 billion, a PE ratio of 37.03, a price-to-earnings-growth ratio of 2.49 and a beta of 0.29. The company’s 50-day moving average price is $204.72 and its two-hundred day moving average price is $195.62.

RTX (NYSE:RTX) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share 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 during the quarter, compared to analyst estimates of $22.89 billion. During the same quarter last year, the firm posted $1.56 EPS. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, sell-side analysts anticipate that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Dividend Announcement

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

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.