Caisse de depot et placement du Quebec Purchases New Stake in RTX Corporation $RTX

Caisse de depot et placement du Quebec bought a new stake in RTX Corporation (NYSE:RTX) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 457,320 shares of the company’s stock, valued at approximately $86,767,000.

Other large investors have also bought and sold shares of the company. Pointe Capital Management LLC purchased a new position in RTX during the second quarter valued at approximately $3,060,000. Odyssean LLC lifted its stake in RTX by 17.0% in the 2nd quarter. Odyssean LLC now owns 3,502 shares of the company’s stock worth $664,000 after purchasing an additional 509 shares in the last quarter. Western Wealth Management LLC bought a new position in RTX in the 2nd quarter valued at $550,000. Invst LLC bought a new position in RTX in the 2nd quarter valued at $587,000. Finally, First Bancorp Inc ME purchased a new position in shares of RTX during the 2nd quarter valued at $1,153,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the business’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 completion of the transaction, the executive vice president owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the transaction, the vice president owned 22,349 shares in the company, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by insiders.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon completed a $50 million expansion of its Mississippi manufacturing facility, adding 17,000 square feet of capacity for electronic-warfare and radar systems. The project is expected to create 100 high-skill jobs by 2028 and should help RTX fulfill growing defense demand. Raytheon Mississippi facility expansion
• Positive Sentiment: Investors continue to focus on Raytheon’s $22.9 billion Tomahawk missile contract, awarded to accelerate production as the U.S. replenishes depleted inventories. The order reinforces RTX’s defense backlog and long-term revenue visibility. Raytheon Tomahawk missile order
• Positive Sentiment: Recent research highlights a 22% backlog increase to $289 billion, 14% reported sales growth, 21% adjusted EPS growth and improved free cash flow in the latest quarter. Raytheon led segment growth, while Pratt & Whitney and Collins Aerospace are showing operational progress. RTX stock outlook
• Positive Sentiment: Brokerages collectively rate RTX “Moderate Buy,” supporting the view that defense demand and commercial aerospace maintenance activity can sustain earnings growth. RTX consensus recommendation
• Neutral Sentiment: Analysts describe RTX’s outlook as a combination of a powerful backlog and a potential cash-flow inflection, but investors will be watching whether manufacturing investments convert into stronger free cash flow. RTX backlog and cash flow analysis
• Negative Sentiment: One recent analysis downgraded RTX because its premium valuation already reflects much of the missile and commercial-maintenance upside, leaving less room for execution disappointments or delays in cash-flow improvement. RTX valuation downgrade analysis

RTX Trading Down 0.0%

NYSE RTX opened at $211.98 on Friday. The firm has a market capitalization of $285.70 billion, a PE ratio of 37.32, a P/E/G ratio of 2.52 and a beta of 0.29. The stock’s 50 day moving average is $205.63 and its 200 day moving average is $195.83. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47.

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

RTX Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on RTX. 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 research report on Friday, July 24th. Jefferies Financial Group set a $250.00 price target on shares of RTX in a research note on Sunday, July 26th. Susquehanna boosted their price objective on shares of RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a report on Friday, July 24th. Morgan Stanley reaffirmed an “overweight” rating and issued a $240.00 price objective on shares of RTX in a research note on Friday, July 24th. Finally, UBS Group lifted their price objective on RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company 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.