2,544,072 Shares in RTX Corporation $RTX Acquired by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board purchased a new position in RTX Corporation (NYSE:RTX) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,544,072 shares of the company’s stock, valued at approximately $482,687,000.

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

RTX Stock Up 0.5%

Shares of NYSE RTX opened at $210.32 on Wednesday. The stock has a market cap of $283.47 billion, a PE ratio of 37.03, a price-to-earnings-growth ratio of 2.49 and a beta of 0.29. 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 Corporation has a 52-week low of $150.61 and a 52-week high of $226.88. The business has a 50-day moving average price of $204.72 and a 200 day moving average price of $195.62.

RTX (NYSE:RTX) last released its quarterly 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 return on equity of 13.99% and a net margin of 8.28%.The company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same quarter in the previous year, the company posted $1.56 earnings per share. The firm’s 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 earnings per share for the current year.

RTX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given 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 1.4%. RTX’s dividend payout ratio (DPR) is 51.41%.

Insider Activity

In related news, VP Kevin G. Dasilva sold 4,760 shares of the company’s stock in a transaction 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 completion of the sale, the vice president owned 22,349 shares in the company, valued at $4,774,193.38. This represents a 17.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the sale, the executive vice president owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 29,222 shares of company stock valued at $6,362,003 in the last ninety days. 0.10% of the stock is currently owned by company insiders.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace completes F-35 altitude testing: RTX’s Collins Aerospace successfully completed high-altitude testing of its Enhanced Power and Cooling System (EPACS), validating performance in conditions relevant to real-world F-35 operations. The system is designed to provide greater cooling capacity for advanced mission systems, supporting future F-35 upgrades and potentially other defense and commercial aircraft programs. The milestone reinforces RTX’s technology position, although it is not expected to create an immediate material revenue impact. RTX Collins Aerospace EPACS completes altitude testing
• Positive Sentiment: RTX remains a strong aerospace and defense performer: Recent comparisons of RTX with L3Harris, GE Aerospace and Boeing highlight its momentum, growth outlook, return on invested capital and exposure to commercial aerospace recovery and defense demand. The favorable sector positioning may be supporting investor interest in RTX. RTX versus L3Harris aerospace momentum comparison
• Neutral Sentiment: NVIDIA “RTX” coverage is unrelated to RTX Corporation: Reports on DLSS 4.5, RTX Remix, RTX Spark laptops, GeForce graphics cards and gaming PCs concern NVIDIA’s product ecosystem. They do not represent announcements, sales or competitive developments for NYSE:RTX and should not be treated as direct catalysts for RTX Corporation’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on RTX. TD Cowen boosted their target price on RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $238.00 price target on shares of RTX in a research note on Monday, July 27th. Argus set a $245.00 price objective on shares of RTX in a research report on Thursday, July 30th. Morgan Stanley restated an “overweight” rating and issued a $240.00 target price on shares of RTX in a report on Friday, July 24th. Finally, Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, RTX currently has an average rating of “Moderate Buy” and a consensus target price of $228.59.

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.