Investmark Advisory Group LLC Buys New Stake in RTX Corporation $RTX

Investmark Advisory Group LLC bought a new stake in shares of RTX Corporation (NYSE:RTXFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,596 shares of the company’s stock, valued at approximately $493,000.

Several other institutional investors and hedge funds also recently modified their holdings of RTX. Navalign LLC bought a new stake in shares of RTX during the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC acquired a new stake in RTX in the fourth quarter worth about $26,000. Evergreen Advisors LLC bought a new position in RTX in the 1st quarter valued at about $31,000. Core Wealth Advisors LLC bought a new position in RTX in the 4th quarter valued at about $31,000. Finally, 1 North Wealth Services LLC increased its stake in RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after buying an additional 137 shares during the period. Institutional investors own 86.50% of the company’s stock.

Insider Activity at RTX

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction that occurred on 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 transaction, the vice president owned 22,349 shares in the company, valued at approximately $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction 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 completion of the transaction, the insider directly owned 8,809 shares in the company, valued at $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. In the last 90 days, insiders sold 15,567 shares of company stock worth $3,304,375. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on RTX. Wells Fargo & Company boosted their price target on shares of RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. UBS Group upped their target price on RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Susquehanna increased their price target on RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research note on Friday, July 24th. One 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and an average price target of $228.59.

View Our Latest Research Report on RTX

RTX Price Performance

Shares of RTX stock opened at $225.73 on Wednesday. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The stock has a market cap of $304.22 billion, a PE ratio of 39.74, a price-to-earnings-growth ratio of 2.65 and a beta of 0.29. The company’s 50-day moving average price is $201.77 and its two-hundred day moving average price is $195.20.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.23. The company 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 business’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, sell-side analysts anticipate 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. Investors of record on Friday, August 14th will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio (DPR) is presently 51.41%.

Key Stories Impacting 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.

RTX Profile

(Free Report)

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.

Read More

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:RTXFree Report).

Institutional Ownership by Quarter for RTX (NYSE:RTX)

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.