Roberts Glore & Co. Inc. IL Buys New Holdings in RTX Corporation $RTX

Roberts Glore & Co. Inc. IL purchased a new position in RTX Corporation (NYSE:RTX) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 22,050 shares of the company’s stock, valued at approximately $4,184,000. RTX makes up about 1.0% of Roberts Glore & Co. Inc. IL’s investment portfolio, making the stock its 21st largest holding.

Other institutional investors have also added to or reduced their stakes in the company. Milestone Asset Management Group LLC raised its holdings in shares of RTX by 34.7% during the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after acquiring an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC purchased a new position in shares of RTX in the fourth quarter valued at $2,308,000. Truist Financial Corp increased its position in RTX by 2.3% in the fourth quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after purchasing an additional 53,045 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in RTX by 5.1% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 212,944 shares of the company’s stock valued at $39,054,000 after purchasing an additional 10,426 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in RTX by 206.1% during the fourth quarter. Thrivent Financial for Lutherans now owns 178,360 shares of the company’s stock valued at $32,711,000 after purchasing an additional 120,094 shares in the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

RTX has been the subject of a number of recent research reports. Argus set a $245.00 price objective on shares of RTX in a research note on Thursday, July 30th. Royal Bank Of Canada increased their price target on shares of RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. TD Cowen boosted their price objective on RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Finally, Weiss Ratings downgraded RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $228.59.

Insider Transactions at RTX

In related news, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was 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. This trade represents a 10.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Troy D. Brunk sold 8,557 shares of the business’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 transaction, the insider owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is currently owned by company insiders.

More 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.

RTX Price Performance

RTX stock opened at $210.32 on Wednesday. RTX Corporation has a 12-month low of $150.61 and a 12-month 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 firm has a 50-day moving average price of $204.72 and a 200-day moving average price of $195.62. The firm has a market capitalization 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.

RTX (NYSE:RTX) last issued 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 net margin of 8.28% and a return on equity of 13.99%. The company had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. During the same period in the prior year, the firm posted $1.56 EPS. 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. As a group, equities research analysts forecast that RTX Corporation will post 7.22 EPS 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 paid a dividend of $0.73 per share. The ex-dividend date of this dividend 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 is currently 51.41%.

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.