Michael Brady & Co. LLC Makes New $479,000 Investment in RTX Corporation $RTX

Michael Brady & Co. LLC bought a new position in shares of RTX Corporation (NYSE:RTX) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,613 shares of the company’s stock, valued at approximately $479,000. RTX makes up about 0.5% of Michael Brady & Co. LLC’s holdings, making the stock its 28th biggest holding.

Several other hedge funds have also recently modified their holdings of RTX. California Public Employees Retirement System grew its stake in RTX by 27.5% in the 3rd quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock valued at $802,640,000 after purchasing an additional 1,034,456 shares during the period. Groupama Asset Managment bought a new position in RTX in the 3rd quarter valued at $150,078,000. Legal & General Group Plc grew its stake in RTX by 13.4% in the 3rd quarter. Legal & General Group Plc now owns 7,167,501 shares of the company’s stock valued at $1,199,338,000 after purchasing an additional 846,656 shares during the period. Capital Research Global Investors grew its stake in RTX by 1.1% in the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock valued at $12,750,087,000 after purchasing an additional 799,155 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in RTX by 37.5% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,649,335 shares of the company’s stock valued at $443,313,000 after purchasing an additional 722,030 shares during the period. Institutional investors own 86.50% of the company’s stock.

Insiders Place Their Bets

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $205.56, for a total value of $7,349,797.80. Following the completion of the transaction, the executive vice president owned 59,556 shares in the company, valued at $12,242,331.36. This trade represents a 37.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the completion of the transaction, the executive vice president owned 16,749 shares of the company’s stock, valued at approximately $3,397,199.67. This represents a 43.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 89,255 shares of company stock worth $18,151,956 over the last quarter. Insiders own 0.10% of the company’s stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q1 results: RTX beat estimates — $1.78 EPS vs. $1.51 expected and $22.08B revenue vs. ~$21.4B expected, with double‑digit organic sales and improved margins. This explains the initial positive reaction to the print. RTX Reports Q1 2026 Results
• Positive Sentiment: Defense momentum: Management and press highlight strength in defense segments and program growth that support long‑cycle revenue visibility and backlog resilience. RTX Boosts Guidance on Defense Business Strength
• Positive Sentiment: Large potential contract: U.S. approval of a possible ~$11.9B Germany combat-systems sale (with Lockheed/RTX participation) supports multi‑year defense demand if finalized. U.S. Approves Potential $11.9B Germany Combat Systems Deal
• Positive Sentiment: Program execution: Raytheon (RTX) delivered the first Next Generation Jammer shipsets to Australia — a tangible milestone for electronic warfare export execution. RTX’s Raytheon Delivers First Next Generation Jammer Shipsets
• Neutral Sentiment: Analyst/market commentary: Several buy/overweight ratings and $200–$230 price targets remain in place, providing support but not immediate catalyst certainty. RTX Opinions on Upcoming Q1 Earnings
• Negative Sentiment: FY guidance mixed: RTX set FY26 EPS guidance of $6.60–6.80 and revenue $92–93B — which appears to be slightly below some Street consensus, tempering the upside from the quarter beat. RTX Trading Summary
• Negative Sentiment: Program cancellation: Reports that the Air Force scrapped an RTX GPS satellite ground-control program are a specific near‑term contract/program hit to watch. Air Force Scraps RTX GPS Satellite Ground Control Program
• Negative Sentiment: Insider selling: Significant insider sales have been reported in recent months, which can weigh on sentiment even if not reflective of company fundamentals. RTX Insider & Institutional Activity

RTX Stock Performance

NYSE RTX opened at $195.92 on Tuesday. RTX Corporation has a 12-month low of $112.63 and a 12-month high of $214.50. The firm has a market cap of $263.70 billion, a P/E ratio of 39.50, a price-to-earnings-growth ratio of 2.84 and a beta of 0.43. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The company’s 50 day moving average is $200.38 and its 200-day moving average is $187.59.

RTX (NYSE:RTX) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.27. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Sell-side analysts predict that RTX Corporation will post 6.8 earnings per share for the current year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were paid a $0.68 dividend. The ex-dividend date was Friday, February 20th. This represents a $2.72 annualized dividend and a yield of 1.4%. RTX’s dividend payout ratio (DPR) is currently 54.84%.

Analysts Set New Price Targets

RTX has been the subject of a number of recent analyst reports. Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Morgan Stanley restated an “overweight” rating and issued a $235.00 price objective on shares of RTX in a research note on Wednesday, January 28th. Royal Bank Of Canada upped their price objective on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. Finally, TD Cowen reissued a “buy” rating on shares of RTX in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $203.61.

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.