Keebeck Wealth Management Takes $6.44 Million Position in RTX Corporation $RTX

Keebeck Wealth Management bought a new position in RTX Corporation (NYSE:RTX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 33,963 shares of the company’s stock, valued at approximately $6,444,000. RTX comprises about 0.6% of Keebeck Wealth Management’s portfolio, making the stock its 26th biggest position.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Brighton Jones LLC boosted its position in shares of RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after purchasing an additional 3,332 shares during the period. Revolve Wealth Partners LLC raised its holdings in RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after buying an additional 159 shares during the period. United Bank raised its holdings in RTX by 68.0% during the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after buying an additional 4,131 shares during the period. Schnieders Capital Management LLC. lifted its stake in RTX by 3.1% during the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after buying an additional 623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in RTX during the second quarter valued at about $5,157,000. 86.50% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the transaction, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the sale, the vice president directly owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 29,222 shares of company stock valued at $6,362,003 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The European Commission closed its antitrust investigation into Pratt & Whitney Canada, RTX’s aircraft-engine unit. The decision removes the risk of potential enforcement action, fines or business restrictions tied to the probe. EU closes antitrust probe into RTX’s Pratt & Whitney
• Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract. The award should improve long-term revenue visibility, support higher production and strengthen RTX’s defense backlog through the 2030s. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
• Positive Sentiment: Recent quarterly results also remain supportive: RTX exceeded EPS and revenue expectations, posted 14.5% year-over-year revenue growth and raised confidence in its fiscal 2026 outlook. These results reinforce the company’s ability to convert its backlog into cash-generating programs. How Investors May Respond to RTX Winning a US$22.9 Billion Tomahawk Deal and Raising Guidance
• Neutral Sentiment: Broader market volatility, including concerns about Treasury policy, oil prices and upcoming inflation data, may be contributing to pressure across equities rather than reflecting a change in RTX’s fundamentals.
• Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by about 51%. While the sale may be routine, it can weigh on sentiment when the stock is near its 52-week high. RTX EVP Sells 13,655 Shares
• Negative Sentiment: RTX trades at a demanding earnings multiple after a substantial rally. The valuation leaves less room for execution disappointments and may encourage investors to take profits.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on RTX shares. Morgan Stanley reissued an “overweight” rating and issued a $240.00 target price on shares of RTX in a research report on Friday, July 24th. Citigroup restated a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Sanford C. Bernstein raised their price objective on shares of RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. Weiss Ratings cut shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Finally, TD Cowen boosted their target price on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, July 27th. One research 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. According to MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

RTX Stock Down 0.9%

RTX opened at $210.36 on Friday. The company has a market capitalization of $283.51 billion, a PE ratio of 37.04, a price-to-earnings-growth ratio of 2.53 and a beta of 0.29. 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 fifty-two week low of $150.61 and a fifty-two week high of $226.88. The business has a 50-day moving average of $203.73 and a 200-day moving average of $195.53.

RTX (NYSE:RTX) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating 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 analysts’ expectations of $22.89 billion. During the same quarter in the previous year, the business posted $1.56 EPS. The firm’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. Equities research 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. Shareholders of record on Friday, August 14th will be paid a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. RTX’s payout ratio is 51.41%.

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.