Focused Alpha LLC Purchases New Shares in RTX Corporation $RTX

Focused Alpha LLC purchased a new position in shares of RTX Corporation (NYSE:RTX) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,477 shares of the company’s stock, valued at approximately $660,000.

A number of other hedge funds have also recently added to or reduced their stakes in RTX. Brighton Jones LLC raised its stake in shares of RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after acquiring an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of RTX by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after purchasing an additional 159 shares during the last quarter. United Bank increased its holdings in shares of RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after purchasing an additional 4,131 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of RTX by 3.1% in the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after purchasing an additional 623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in RTX in the 2nd quarter worth approximately $5,157,000. Institutional investors own 86.50% of the company’s stock.

Wall Street Analyst Weigh In

RTX has been the topic of several research reports. Wells Fargo & Company upped their price objective on RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. UBS Group boosted their target price on RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. 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. Finally, Sanford C. Bernstein lifted their price objective on RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $228.59.

RTX Price Performance

RTX opened at $221.87 on Tuesday. The company has a fifty day moving average price of $200.88 and a two-hundred day moving average price of $195.01. The firm has a market capitalization of $299.03 billion, a PE ratio of 39.06, a P/E/G ratio of 2.65 and a beta of 0.29. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01.

RTX (NYSE:RTX) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. During the same quarter in the prior year, the business posted $1.56 EPS. The firm’s quarterly revenue 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, analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current 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 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 1.3%. RTX’s dividend payout ratio (DPR) is presently 51.41%.

Insider Buying and Selling at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the business’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 transaction, the insider owned 8,809 shares of the company’s stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the transaction, the vice president directly owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 15,567 shares of company stock valued at $3,304,375 in the last three months. 0.10% of the stock is owned by company insiders.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon won a $22.9 billion, seven-year Tomahawk missile contract from the U.S. Navy. The agreement is intended to sharply expand annual production from approximately 60 missiles to more than 1,000, creating significant multi-year visibility for RTX’s defense business. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The contract supports the Pentagon’s effort to replenish critical munitions and follows heavy Tomahawk usage in military operations. Investors view the award as evidence of sustained government demand and a potential catalyst for RTX’s defense growth. The US military is paying RTX’s Raytheon more for Tomahawk missiles
• Positive Sentiment: RTX’s latest quarterly results provide additional support: earnings per share reached $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS guidance of $7.10–$7.25 remains broadly consistent with analyst expectations.
• Neutral Sentiment: The contract is strategically significant, but its effect on near-term earnings will depend on production execution, capacity expansion, costs and the timing of deliveries. RTX also trades at a relatively elevated valuation, with a reported P/E near 39.
• Neutral Sentiment: Several other articles concern Nvidia GeForce RTX graphics cards, laptops or unrelated technology promotions rather than RTX Corporation. They do not materially affect the company’s investment outlook. Esports Hotel Thieves Caught Swapping Out RTX 5080 GPUs for RTX 3060s

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.