Corient Private Wealth LP Boosts Stock Position in RTX Corporation $RTX

Corient Private Wealth LP increased its position in shares of RTX Corporation (NYSE:RTX) by 3,278.4% during the 2nd quarter, Holdings Channel.com reports. The fund owned 1,707,939 shares of the company’s stock after acquiring an additional 1,657,385 shares during the period. Corient Private Wealth LP’s holdings in RTX were worth $324,047,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of RTX. BlackRock Inc. purchased a new position in shares of RTX in the second quarter valued at approximately $20,970,571,000. State Street Corp increased its stake in RTX by 0.7% during the 4th quarter. State Street Corp now owns 91,884,588 shares of the company’s stock worth $16,851,633,000 after buying an additional 630,558 shares during the period. Morgan Stanley increased its stake in RTX by 0.4% during the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock worth $5,462,310,000 after buying an additional 105,069 shares during the period. Fisher Asset Management LLC lifted its holdings in RTX by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock worth $3,998,155,000 after buying an additional 625,994 shares in the last quarter. Finally, Norges Bank purchased a new position in RTX in the 4th quarter valued at approximately $3,167,626,000. 86.50% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The stock was 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 of the company’s stock, valued at $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction that occurred 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 $2,952,161.28. This represents a 50.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on RTX shares. Jefferies Financial Group set a $250.00 price target on shares of RTX in a research note on Sunday, July 26th. Argus set a $245.00 price objective on RTX in a research note on Thursday, July 30th. Royal Bank Of Canada lifted their target price on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Sanford C. Bernstein boosted their target price on RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. Finally, Susquehanna upped their price target on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a report on Friday, July 24th. 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average target price of $228.59.

RTX Price Performance

Shares of RTX opened at $211.93 on Thursday. The firm has a market capitalization of $285.63 billion, a price-to-earnings ratio of 37.31, a PEG ratio of 2.50 and a beta of 0.29. The firm’s fifty day simple moving average is $205.11 and its 200-day simple moving average is $195.73. RTX Corporation has a twelve month low of $150.61 and a twelve 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.

RTX (NYSE:RTX) last issued its earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. The firm had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities analysts forecast that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Dividend Announcement

The firm also recently disclosed 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. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio is currently 51.41%.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense unit, received a $22.9 billion U.S. military contract to accelerate Tomahawk missile production. The award supports multiyear revenue visibility and reflects the need to replenish depleted U.S. and allied stockpiles. Raytheon’s Missile Windfall: What the Navy’s Record Tomahawk Order Means for RTX Corporation
• Positive Sentiment: Recent analyst commentary highlights a 22% backlog increase to approximately $289 billion, strong defense demand and improving free cash flow. RTX’s latest quarterly results also showed revenue growth, earnings that exceeded expectations and particularly strong performance from Raytheon. RTX Stock Will Keep Rewarding Patient Investors
• Positive Sentiment: Collins Aerospace completed altitude testing of its Enhanced Power and Cooling System for the F-35. Successful testing advances a next-generation system that could support future F-35 upgrades and related aerospace revenue. Why Is RTX Testing Progress Important for Its Next Generation Defense Systems?
• Neutral Sentiment: RTX’s Blue Canyon Technologies introduced a new spacecraft mission-enablement product. The announcement reinforces RTX’s broader space and defense capabilities, although the near-term financial impact was not disclosed. RTX’s Blue Canyon Technologies Introduces New Spacecraft Mission Enabler
• Negative Sentiment: One analyst downgraded RTX, citing its premium valuation alongside rising commercial aerospace maintenance costs. The concerns are important because the stock trades at a high earnings multiple, leaving less room for execution setbacks. RTX Corporation: More Missiles and Higher Commercial Maintenance Trigger Premium Price Tag

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.