Kentucky Farm Bureau Mutual Insurance Co acquired a new position in shares of RTX Corporation (NYSE:RTX – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 33,348 shares of the company’s stock, valued at approximately $6,327,000. RTX accounts for approximately 1.8% of Kentucky Farm Bureau Mutual Insurance Co’s investment portfolio, making the stock its 11th largest position.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Alpha Cubed Investments LLC lifted its stake in RTX by 0.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after purchasing an additional 50 shares in the last quarter. Schulhoff & Co. Inc. raised its holdings in shares of RTX by 1.7% in the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after buying an additional 52 shares during the period. Sunbeam Capital Management LLC raised its holdings in shares of RTX by 1.6% in the 4th quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock valued at $620,000 after buying an additional 53 shares during the period. Sequent Planning LLC lifted its stake in RTX by 1.6% during the 4th quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock worth $617,000 after acquiring an additional 54 shares in the last quarter. Finally, Boston Family Office LLC boosted its holdings in RTX by 0.3% during the 4th quarter. Boston Family Office LLC now owns 17,857 shares of the company’s stock valued at $3,275,000 after acquiring an additional 54 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.
RTX News Summary
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raytheon, RTX’s defense unit, won a roughly $22.9 billion U.S. Navy Tomahawk missile contract spanning seven years. The agreement is expected to increase production to more than 1,000 missiles annually, providing substantial long-term revenue visibility and supporting RTX’s defense backlog. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Positive Sentiment: The contract follows RTX’s better-than-expected second-quarter results: adjusted EPS was $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS outlook of $7.10–$7.25 and continued dividend growth reinforce the company’s favorable operating momentum. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Neutral Sentiment: Industry research projects growth in the commercial aircraft inflight entertainment and connectivity market, including opportunities in Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed among the key participants, but the report does not announce a specific contract or material financial impact for the company. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
- Negative Sentiment: RTX Executive Vice President Ramsaran Maharajh sold 13,655 shares for approximately $3.06 million, reducing his holdings by 50.88%. Although executive sales do not necessarily signal deteriorating fundamentals, the transaction can weigh on sentiment when the stock is near its recent high. Ramsaran Maharajh Insider Trading
- Negative Sentiment: Recent commentary notes that RTX shares have outperformed significantly and trade at a demanding valuation—approximately 39 times earnings—leaving less room for disappointment. Some investors may therefore be locking in gains or favoring other industrial and defense opportunities.
- Neutral Sentiment: Articles about modified GeForce RTX 3080 and RTX 50-series graphics cards concern NVIDIA hardware, not RTX Corporation, and should not affect RTX stock.
Insider Activity at RTX
RTX Stock Performance
Shares of RTX opened at $220.48 on Thursday. The stock has a 50-day simple moving average of $202.63 and a 200-day simple moving average of $195.34. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The stock has a market capitalization of $297.16 billion, a PE ratio of 38.82, a PEG ratio of 2.68 and a beta of 0.29. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88.
RTX (NYSE:RTX – Get Free Report) last released its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same period in the prior year, the firm earned $1.56 earnings per share. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, analysts predict that RTX Corporation will post 7.22 earnings per share for the current fiscal year.
RTX Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be paid a dividend of $0.73 per share. The ex-dividend date 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%.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on RTX shares. UBS Group boosted their price target on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Wells Fargo & Company raised their price objective on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Citigroup reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Finally, Erste Group Bank cut shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. One equities research 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 assigned a Sell rating to the stock. According to MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and a consensus target price of $228.59.
Check Out Our Latest Research Report on 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.
Further Reading
- Five stocks we like better than RTX
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTX – Free Report).
Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.
