Edmond DE Rothschild Holding S.A. purchased a new position in shares of RTX Corporation (NYSE:RTX – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 42,311 shares of the company’s stock, valued at approximately $8,028,000.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Navalign LLC bought a new stake in shares of RTX during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX in the 4th quarter worth $26,000. Core Wealth Advisors LLC bought a new position in shares of RTX in the 4th quarter worth $31,000. 1 North Wealth Services LLC grew its position in RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares during the period. Finally, Evergreen Advisors LLC acquired a new stake in RTX in the 1st quarter valued at $31,000. Institutional investors and hedge funds own 86.50% of the company’s stock.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raytheon, RTX’s defense unit, won a roughly $22.9 billion U.S. Navy Tomahawk missile contract spanning seven years. The agreement is expected to increase production to more than 1,000 missiles annually, providing substantial long-term revenue visibility and supporting RTX’s defense backlog. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Positive Sentiment: The contract follows RTX’s better-than-expected second-quarter results: adjusted EPS was $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 outlook of $7.10–$7.25 and continued dividend growth reinforce the company’s favorable operating momentum. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Neutral Sentiment: Industry research projects growth in the commercial aircraft inflight entertainment and connectivity market, including opportunities in Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed among the key participants, but the report does not announce a specific contract or material financial impact for the company. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
- Negative Sentiment: RTX Executive Vice President Ramsaran Maharajh sold 13,655 shares for approximately $3.06 million, reducing his holdings by 50.88%. Although executive sales do not necessarily signal deteriorating fundamentals, the transaction can weigh on sentiment when the stock is near its recent high. Ramsaran Maharajh Insider Trading
- Negative Sentiment: Recent commentary notes that RTX shares have outperformed significantly and trade at a demanding valuation—approximately 39 times earnings—leaving less room for disappointment. Some investors may therefore be locking in gains or favoring other industrial and defense opportunities.
- Neutral Sentiment: Articles about modified GeForce RTX 3080 and RTX 50-series graphics cards concern NVIDIA hardware, not RTX Corporation, and should not affect RTX stock.
RTX Stock Down 2.2%
RTX (NYSE:RTX – Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The firm had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same period last year, the firm posted $1.56 EPS. The business’s 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. Analysts expect that RTX Corporation will post 7.22 EPS for the current year.
RTX Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a dividend of $0.73 per share. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.3%. RTX’s dividend payout ratio is presently 51.41%.
Insider Buying and Selling
In related news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were 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 owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the completion of 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 position. The SEC filing for this sale provides additional information. Over 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.
Analysts Set New Price Targets
Several research firms have weighed in on RTX. Robert W. Baird set a $240.00 price objective on shares of RTX in a report on Friday, July 24th. Jefferies Financial Group set a $250.00 price objective on shares of RTX in a report on Sunday, July 26th. Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Morgan Stanley restated an “overweight” rating and issued a $240.00 target price on shares of RTX in a report on Friday, July 24th. Finally, Weiss Ratings cut shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.
Get Our Latest Research Report on RTX
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.
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