RTX Corporation $RTX Stock Holdings Lowered by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. lessened its position in RTX Corporation (NYSE:RTX) by 0.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 625,346 shares of the company’s stock after selling 3,336 shares during the period. Royal London Asset Management Ltd.’s holdings in RTX were worth $118,647,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of RTX. BlackRock Inc. acquired a new stake in shares of RTX in the second quarter valued at approximately $20,970,571,000. Norges Bank bought a new position in RTX in the 4th quarter worth approximately $3,167,626,000. Auto Owners Insurance Co increased its position in RTX by 24,730.9% in the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after acquiring an additional 10,062,269 shares during the period. Bank of New York Mellon Corp acquired a new stake in RTX in the 2nd quarter valued at approximately $1,456,256,000. Finally, Legal & General Group Plc bought a new stake in RTX during the 2nd quarter valued at $1,267,256,000. 86.50% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Argus set a $245.00 price objective on shares of RTX in a report on Thursday, July 30th. Susquehanna raised their target price on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research note on Friday, July 24th. Sanford C. Bernstein upped their price target on shares of RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. Morgan Stanley reissued an “overweight” rating and set a $240.00 target price on shares of RTX in a report on Friday, July 24th. Finally, Weiss Ratings upgraded RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday. One research 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $228.59.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon won a $22.9 billion, seven-year U.S. military contract to accelerate Tomahawk missile production from roughly 60 to 1,000 missiles annually. The award materially expands RTX’s backlog and visibility, while highlighting sustained demand to replenish U.S. and allied weapons inventories. Is RTX Undervalued As Its $22.9 Billion Missile Contract Expands Backlog?
• Positive Sentiment: Raytheon completed a $50 million expansion of its Forest, Mississippi, facility. The 17,000-square-foot addition is intended to increase production of electronic-warfare and radar systems and is expected to create 100 high-skilled jobs by 2028, supporting RTX’s ability to fulfill growing defense orders. RTX’s Raytheon Completes $50 Million Expansion of Mississippi Manufacturing Facility
• Positive Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation for RTX. This provides continued analyst support following the company’s latest earnings beat, in which revenue rose 14.5% year over year and earnings exceeded consensus estimates. RTX Receives Consensus Recommendation of Moderate Buy
• Neutral Sentiment: Recent coverage comparing RTX with Rolls-Royce and the broader aerospace sector indicates that RTX has delivered strong performance this year, including an approximately 18% 90-day gain and 13% year-to-date increase. The comparison reinforces momentum but does not represent a new company catalyst. Are Aerospace Stocks Lagging RTX Corporation This Year?
• Neutral Sentiment: Most other articles concern NVIDIA’s GeForce RTX graphics cards, DLSS software, gaming PCs, or unrelated companies. Those reports do not materially affect RTX Corporation’s aerospace and defense operations or its stock.

RTX Stock Performance

Shares of RTX opened at $211.97 on Friday. 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’s 50 day moving average is $206.15 and its 200-day moving average is $195.94. 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 $285.68 billion, a P/E ratio of 37.32, a P/E/G ratio of 2.52 and a beta of 0.29.

RTX (NYSE:RTX) last announced its earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.66 by $0.23. The business had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.RTX’s revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities research analysts anticipate that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Announces Dividend

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

Insiders Place Their Bets

In related news, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the transaction, the insider directly owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 29,222 shares of company stock worth $6,362,003. Corporate insiders own 0.10% of the company’s stock.

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.