Davidson Investment Advisors Has $31.10 Million Stock Holdings in RTX Corporation $RTX

Davidson Investment Advisors cut its stake in RTX Corporation (NYSE:RTX) by 35.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 163,898 shares of the company’s stock after selling 90,012 shares during the period. RTX accounts for 1.3% of Davidson Investment Advisors’ investment portfolio, making the stock its 21st largest holding. Davidson Investment Advisors’ holdings in RTX were worth $31,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of RTX. Navalign LLC bought a new position in RTX during the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX in the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC bought a new position in shares of RTX during the 4th quarter worth approximately $31,000. 1 North Wealth Services LLC boosted its holdings in shares of RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after buying an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC acquired a new stake in shares of RTX during the 1st quarter worth approximately $31,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon won a $22.9 billion, seven-year U.S. military contract to accelerate Tomahawk missile production from roughly 60 to 1,000 missiles annually. The award materially expands RTX’s backlog and visibility, while highlighting sustained demand to replenish U.S. and allied weapons inventories. Is RTX Undervalued As Its $22.9 Billion Missile Contract Expands Backlog?
• Positive Sentiment: Raytheon completed a $50 million expansion of its Forest, Mississippi, facility. The 17,000-square-foot addition is intended to increase production of electronic-warfare and radar systems and is expected to create 100 high-skilled jobs by 2028, supporting RTX’s ability to fulfill growing defense orders. RTX’s Raytheon Completes $50 Million Expansion of Mississippi Manufacturing Facility
• Positive Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation for RTX. This provides continued analyst support following the company’s latest earnings beat, in which revenue rose 14.5% year over year and earnings exceeded consensus estimates. RTX Receives Consensus Recommendation of Moderate Buy
• Neutral Sentiment: Recent coverage comparing RTX with Rolls-Royce and the broader aerospace sector indicates that RTX has delivered strong performance this year, including an approximately 18% 90-day gain and 13% year-to-date increase. The comparison reinforces momentum but does not represent a new company catalyst. Are Aerospace Stocks Lagging RTX Corporation This Year?
• Neutral Sentiment: Most other articles concern NVIDIA’s GeForce RTX graphics cards, DLSS software, gaming PCs, or unrelated companies. Those reports do not materially affect RTX Corporation’s aerospace and defense operations or its stock.

RTX Price Performance

Shares of NYSE:RTX opened at $211.97 on Friday. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The stock has a market cap of $285.68 billion, a PE ratio of 37.32, a price-to-earnings-growth ratio of 2.52 and a beta of 0.29. The stock’s fifty day simple moving average is $206.15 and its two-hundred day simple moving average is $195.94. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $226.88.

RTX (NYSE:RTX) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share 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 for the quarter, compared to analysts’ expectations of $22.89 billion. During the same period in the previous year, the company earned $1.56 earnings per share. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, analysts forecast that RTX Corporation will post 7.22 EPS for the current fiscal 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 issued a $0.73 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. RTX’s dividend payout ratio is currently 51.41%.

Insider Activity at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $1,852,444.61. This trade represents a 49.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Kevin G. Dasilva sold 2,250 shares of RTX 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 sale, the vice president owned 20,099 shares in the company, valued at $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

RTX has been the topic of a number of research reports. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. TD Cowen raised their target price on RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Robert W. Baird set a $240.00 target price on RTX in a research report on Friday, July 24th. Susquehanna upped their price target on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research note on Friday, July 24th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $240.00 price objective on shares of RTX in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, RTX presently has a consensus rating of “Moderate Buy” and a consensus target price 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.