67,846 Shares in RTX Corporation $RTX Purchased by Puzo Michael J

Puzo Michael J purchased a new stake in shares of RTX Corporation (NYSE:RTX) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 67,846 shares of the company’s stock, valued at approximately $12,872,000. RTX comprises approximately 3.3% of Puzo Michael J’s holdings, making the stock its 11th largest position.

Several other institutional investors have also added to or reduced their stakes in RTX. Navalign LLC bought a new position in shares of RTX during the 4th quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of RTX in the fourth quarter valued at $26,000. Core Wealth Advisors LLC bought a new stake in RTX in the fourth quarter worth $31,000. 1 North Wealth Services LLC increased its position in RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 137 shares during the last quarter. Finally, Evergreen Advisors LLC purchased a new stake in RTX during the first quarter valued at $31,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX News Summary

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 Trading Down 2.2%

RTX opened at $220.48 on Thursday. The stock has a market cap of $297.16 billion, a price-to-earnings ratio of 38.82, a P/E/G ratio of 2.68 and a beta of 0.29. The stock’s 50 day moving average price is $202.63 and its 200-day moving average price is $195.34. RTX Corporation has a one year low of $150.61 and a one year 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 issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping 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 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 company earned $1.56 EPS. RTX’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. On average, equities analysts forecast that RTX Corporation will post 7.22 EPS for the current year.

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a dividend of $0.73 per share. 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 (DPR) is 51.41%.

Insider Activity

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the transaction, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the transaction, the vice president directly owned 20,099 shares in the company, valued at $4,360,076.07. This represents a 10.07% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have commented on RTX. Susquehanna increased their price objective on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research report on Friday, July 24th. Weiss Ratings downgraded shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Wells Fargo & Company upped their target price on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. Sanford C. Bernstein increased their price target on shares of RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a report on Monday, August 3rd. Finally, Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. One research 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. Based on data from MarketBeat.com, the company presently has an average 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.