Compass Capital Management Inc. Purchases New Shares in RTX Corporation $RTX

Compass Capital Management Inc. acquired a new stake in shares of RTX Corporation (NYSE:RTX) in the 2nd quarter, Holdings Channel reports. The firm acquired 67,645 shares of the company’s stock, valued at approximately $12,834,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Roman Butler Fullerton & Co. bought a new stake in shares of RTX in the 2nd quarter worth about $2,529,000. Simplicity Wealth LLC purchased a new stake in shares of RTX during the 2nd quarter valued at about $17,664,000. Baxter Bros Inc. bought a new position in shares of RTX in the 2nd quarter valued at about $16,142,000. Uniting Wealth Partners LLC purchased a new position in RTX in the second quarter worth about $656,000. Finally, Wealth Effects LLC purchased a new position in RTX in the second quarter worth about $740,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

RTX Stock Performance

Shares of NYSE:RTX opened at $222.88 on Monday. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88. The company has a market capitalization of $300.38 billion, a price-to-earnings ratio of 39.24, a PEG ratio of 2.65 and a beta of 0.29. The firm’s 50-day moving average is $200.02 and its 200 day moving average is $194.87.

RTX (NYSE:RTX) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share (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 business had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. During the same quarter last year, the firm earned $1.56 earnings per share. The firm’s quarterly 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. Research analysts predict that RTX Corporation will post 7.22 EPS for the current year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is presently 51.41%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on RTX shares. Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. UBS Group boosted their target price on RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Jefferies Financial Group set a $250.00 price target on RTX in a report on Sunday, July 26th. Finally, Argus set a $245.00 price target on RTX in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $228.59.

Insider Buying and Selling

In other RTX news, insider Troy D. Brunk sold 8,557 shares of the company’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 transaction, the insider owned 8,809 shares of the company’s stock, valued at $1,852,444.61. This represents a 49.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Kevin G. Dasilva sold 2,250 shares of the stock in a transaction on 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 sale, the vice president owned 20,099 shares in the company, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,567 shares of company stock valued at $3,304,375 over the last three months. 0.10% of the stock is owned by corporate insiders.

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.