Tema ETFs LLC Acquires 2,890 Shares of RTX Corporation $RTX

Tema ETFs LLC grew its holdings in shares of RTX Corporation (NYSE:RTX) by 11.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 28,416 shares of the company’s stock after acquiring an additional 2,890 shares during the quarter. Tema ETFs LLC’s holdings in RTX were worth $5,391,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. World Investment Advisors lifted its position in RTX by 8.7% in the fourth quarter. World Investment Advisors now owns 62,448 shares of the company’s stock valued at $11,453,000 after purchasing an additional 5,020 shares during the last quarter. Milestone Asset Management Group LLC grew its holdings in shares of RTX by 34.7% in the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after purchasing an additional 7,738 shares during the last quarter. New Age Alpha Advisors LLC bought a new position in shares of RTX in the fourth quarter worth approximately $2,308,000. Truist Financial Corp increased its stake in shares of RTX by 2.3% in the fourth quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after buying an additional 53,045 shares during the period. Finally, Wealth Science Advisors LLC purchased a new position in shares of RTX in the fourth quarter worth $1,439,000. 86.50% of the stock is currently owned by institutional investors.

RTX Price Performance

Shares of RTX stock opened at $223.68 on Wednesday. The business has a 50 day moving average of $197.37 and a 200 day moving average of $194.31. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88. The company has a market cap of $301.47 billion, a PE ratio of 39.38, a P/E/G ratio of 2.67 and a beta of 0.29. 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 released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.23. The business 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 firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities research analysts forecast that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. RTX’s payout ratio is presently 51.41%.

Insider Activity

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the sale, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. This trade represents a 17.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $210.29, for a total value of $1,799,451.53. Following the sale, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 15,567 shares of company stock worth $3,304,375 in the last quarter. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have weighed in on RTX. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Wells Fargo & Company boosted their price objective 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. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Citigroup reiterated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Finally, TD Cowen raised their target price on RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $228.59.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: New $472 million Chinook contract: Collins Aerospace won a U.S. Army award worth up to $472 million to provide engineering services for the modernization and sustainment of the CH-47 Chinook helicopter fleet. The contract reinforces RTX’s defense backlog and supports recurring services revenue. RTX’s Collins Aerospace to support modernization of U.S. Army’s Chinook helicopters
• Positive Sentiment: $745 million missile-defense award: Raytheon received a Missile Defense Agency contract to produce and sustain SM-3 Block IIA interceptors. The award strengthens RTX’s position in missile defense and adds visibility to future defense sales. RTX’s Raytheon awarded $745 million contract for SM-3 IIA interceptors
• Positive Sentiment: Estimates and trading sentiment remain supportive: Erste Group raised its 2026 EPS forecast to $7.25 from $7.20, above the roughly $7.21 consensus. CNBC also reported that options traders are leaning bullish, while Zacks cited defense wins, technology milestones and rising estimates as drivers of RTX’s recent outperformance. Erste nevertheless maintains a “Hold” rating. RTX Outperforms Industry in the Past Month
• Neutral Sentiment: Stock is near a record level: RTX recently reached a new 52-week high. This signals strong momentum, but also leaves the shares more sensitive to profit-taking and any disappointment relative to elevated expectations.
• Negative Sentiment: Valuation is a risk: RTX trades at a high earnings multiple relative to many industrial and aerospace peers. Although its latest quarterly results exceeded expectations, the premium valuation could limit upside unless contract growth and earnings continue to accelerate.
• Neutral Sentiment: Most other headlines are unrelated: Articles about RTX 5070, RTX 5080 and other GeForce graphics cards refer to Nvidia products, not RTX Corporation. They do not provide a direct fundamental catalyst for NYSE: RTX.

RTX 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.