Meeder Advisory Services Inc. Acquires New Position in RTX Corporation $RTX

Meeder Advisory Services Inc. bought a new position in RTX Corporation (NYSE:RTX) in the second quarter, Holdings Channel reports. The institutional investor bought 32,900 shares of the company’s stock, valued at approximately $6,242,000.

A number of other institutional investors and hedge funds have also bought and sold shares of RTX. Navalign LLC bought a new stake in shares of RTX in the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC purchased a new position in RTX in the 4th quarter worth $26,000. Core Wealth Advisors LLC bought a new stake in RTX in the fourth quarter worth $31,000. 1 North Wealth Services LLC boosted its position in RTX by 456.7% during the fourth 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. Finally, Evergreen Advisors LLC bought a new position in shares of RTX during the first quarter valued at about $31,000. 86.50% of the stock is currently owned by institutional investors.

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 Stock Performance

Shares of RTX stock opened at $225.73 on Wednesday. The firm has a market capitalization of $304.22 billion, a price-to-earnings ratio of 39.74, a PEG ratio of 2.65 and a beta of 0.29. The stock has a fifty day moving average of $201.77 and a 200 day moving average of $195.20. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88. 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 posted its earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $22.89 billion. During the same period last year, the company posted $1.56 EPS. The company’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. As a group, research analysts expect that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

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

Wall Street Analysts Forecast Growth

RTX has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $238.00 target price on shares of RTX in a research note on Monday, July 27th. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price objective on shares of RTX in a research report on Friday, July 24th. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Wells Fargo & Company upped their price target on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Finally, Sanford C. Bernstein increased their price target on shares of RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $228.59.

Insiders Place Their Bets

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction that occurred 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 transaction, the vice president owned 20,099 shares of the company’s stock, valued at $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the transaction, the insider directly owned 8,809 shares of the company’s stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 15,567 shares of company stock valued at $3,304,375. Insiders own 0.10% of the company’s stock.

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.