Comprehensive Financial Planning Inc. PA purchased a new position in RTX Corporation (NYSE:RTX – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,671 shares of the company’s stock, valued at approximately $507,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. World Investment Advisors raised its position in shares of RTX by 8.7% in the 4th quarter. World Investment Advisors now owns 62,448 shares of the company’s stock worth $11,453,000 after acquiring an additional 5,020 shares in the last quarter. Milestone Asset Management Group LLC lifted its stake in shares of RTX by 34.7% during the 4th 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 stake in RTX during the fourth quarter valued at about $2,308,000. Truist Financial Corp grew its stake in RTX by 2.3% in the fourth quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock valued at $424,575,000 after purchasing an additional 53,045 shares during the last quarter. Finally, Wealth Science Advisors LLC purchased a new position in RTX in the fourth quarter valued at about $1,439,000. 86.50% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several analysts have commented on RTX shares. Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. TD Cowen lifted their price objective on shares of RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Susquehanna boosted their price objective on shares of RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research note on Friday, July 24th. Wells Fargo & Company increased 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. Finally, Argus set a $245.00 target price on shares of RTX in a research note on Thursday, July 30th. One investment 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 issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $228.59.
RTX Trading Up 1.8%
Shares of NYSE:RTX opened at $225.73 on Wednesday. The business’s 50-day moving average is $201.77 and its 200 day moving average is $195.20. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88. The firm has a market capitalization of $304.22 billion, a P/E ratio of 39.74, a P/E/G ratio of 2.65 and a beta of 0.29.
RTX (NYSE:RTX – Get Free Report) last issued 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 return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. During the same quarter last year, the company earned $1.56 earnings per share. The company’s quarterly revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, research analysts predict that RTX Corporation will post 7.22 earnings per share for the current fiscal year.
RTX Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio (DPR) is presently 51.41%.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX’s Raytheon division won a roughly $22.9 billion, seven-year U.S. Navy contract to accelerate Tomahawk cruise-missile production. Annual output is expected to rise from approximately 60 missiles to more than 1,000, creating significant long-term revenue visibility and improving factory utilization. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
- Positive Sentiment: The award reinforces broader U.S. efforts to replenish precision-munitions inventories and follows a recent $745 million missile-defense interceptor order, strengthening expectations for sustained defense demand. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Positive Sentiment: RTX’s latest quarterly performance also exceeded expectations: adjusted EPS was $1.89 versus a $1.66 consensus, while revenue grew 14.5% year over year to $24.71 billion. Management raised 2026 adjusted EPS guidance to $7.10–$7.25 and projected revenue of $95–$96 billion. Commercial aviation aftermarket demand provides an additional growth driver. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Neutral Sentiment: Analysts remain generally constructive, with a Moderate Buy consensus and an average price target near $228.59, but the shares are already close to their 52-week high and have outperformed substantially over the past year.
- Negative Sentiment: Valuation is the principal concern. RTX trades at approximately 40 times trailing earnings and about 31 times forward earnings, while its six-month return has lagged the S&P 500. Investors must also monitor execution, supplier constraints and liquidity as the company ramps missile production; its quick ratio is 0.78.
Insider Buying and Selling
In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the transaction, the vice president owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. This trade represents a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 transaction, the insider directly owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 15,567 shares of company stock valued at $3,304,375 over the last quarter. 0.10% of the stock is owned by company insiders.
About RTX
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.
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