RTX Corporation $RTX Shares Acquired by Equitable Holdings Inc.

Equitable Holdings Inc. increased its position in shares of RTX Corporation (NYSE:RTX) by 4.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 171,288 shares of the company’s stock after purchasing an additional 7,186 shares during the quarter. Equitable Holdings Inc.’s holdings in RTX were worth $32,498,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Centaurus Financial Inc. grew its position in RTX by 1.8% in the second quarter. Centaurus Financial Inc. now owns 11,717 shares of the company’s stock worth $2,223,000 after acquiring an additional 207 shares during the period. Brasada Capital Management LP raised its holdings in RTX by 2.1% in the 2nd quarter. Brasada Capital Management LP now owns 33,194 shares of the company’s stock valued at $6,298,000 after buying an additional 696 shares during the period. Coastal Bridge Advisors LLC lifted its position in RTX by 1.4% in the second quarter. Coastal Bridge Advisors LLC now owns 57,038 shares of the company’s stock valued at $10,822,000 after buying an additional 770 shares during the last quarter. Fayez Sarofim & Co boosted its stake in RTX by 0.5% during the second quarter. Fayez Sarofim & Co now owns 630,754 shares of the company’s stock worth $119,673,000 after buying an additional 3,015 shares during the period. Finally, Redwood Investment Management LLC increased its position in shares of RTX by 7.1% during the second quarter. Redwood Investment Management LLC now owns 1,365 shares of the company’s stock valued at $259,000 after acquiring an additional 91 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon completed a $50 million expansion of its Mississippi manufacturing facility, adding 17,000 square feet of capacity for electronic-warfare and radar systems. The project is expected to create 100 high-skill jobs by 2028 and should help RTX fulfill growing defense demand. Raytheon Mississippi facility expansion
• Positive Sentiment: Investors continue to focus on Raytheon’s $22.9 billion Tomahawk missile contract, awarded to accelerate production as the U.S. replenishes depleted inventories. The order reinforces RTX’s defense backlog and long-term revenue visibility. Raytheon Tomahawk missile order
• Positive Sentiment: Recent research highlights a 22% backlog increase to $289 billion, 14% reported sales growth, 21% adjusted EPS growth and improved free cash flow in the latest quarter. Raytheon led segment growth, while Pratt & Whitney and Collins Aerospace are showing operational progress. RTX stock outlook
• Positive Sentiment: Brokerages collectively rate RTX “Moderate Buy,” supporting the view that defense demand and commercial aerospace maintenance activity can sustain earnings growth. RTX consensus recommendation
• Neutral Sentiment: Analysts describe RTX’s outlook as a combination of a powerful backlog and a potential cash-flow inflection, but investors will be watching whether manufacturing investments convert into stronger free cash flow. RTX backlog and cash flow analysis
• Negative Sentiment: One recent analysis downgraded RTX because its premium valuation already reflects much of the missile and commercial-maintenance upside, leaving less room for execution disappointments or delays in cash-flow improvement. RTX valuation downgrade analysis

Insider Activity at RTX

In related news, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction on Friday, July 24th. The stock was sold at an average price of $213.62, for a total value of $1,016,831.20. Following the transaction, the vice president owned 22,349 shares of the company’s stock, valued at $4,774,193.38. This represents a 17.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the firm’s 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 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,222 shares of company stock valued at $6,362,003 over the last quarter. 0.10% of the stock is owned by insiders.

RTX Trading Down 0.0%

RTX opened at $211.98 on Friday. The business has a fifty day moving average price of $205.63 and a 200 day moving average price of $195.83. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88. The stock has a market capitalization of $285.70 billion, a price-to-earnings ratio of 37.32, a PEG ratio of 2.52 and a beta of 0.29.

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 during the quarter, compared to analysts’ expectations of $22.89 billion. During the same quarter in the previous year, the business posted $1.56 EPS. The firm’s revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Sell-side analysts expect that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Royal Bank Of Canada increased their price objective on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Morgan Stanley restated an “overweight” rating and set a $240.00 price target on shares of RTX in a research note on Friday, July 24th. Citigroup reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Sanford C. Bernstein boosted their price objective on RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a report on Monday, August 3rd. Finally, Jefferies Financial Group set a $250.00 target price on RTX in a research note on Sunday, July 26th. 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $228.59.

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.