RTX Corporation $RTX Shares Acquired by Corient Private Wealth LP

Corient Private Wealth LP grew its position in RTX Corporation (NYSE:RTXFree Report) by 2,669.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,399,904 shares of the company’s stock after buying an additional 1,349,350 shares during the quarter. Corient Private Wealth LP’s holdings in RTX were worth $265,604,000 at the end of the most recent reporting period.

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

Insider Activity

In other news, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction that occurred on Tuesday, August 18th. The shares were 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. The trade was a 50.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction that occurred 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 owned 8,809 shares in the company, valued at $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 29,222 shares of company stock valued at $6,362,003 in the last 90 days. Company insiders own 0.10% of the company’s stock.

More RTX News

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: Pratt & Whitney’s GTF aftermarket opportunity could support longer-term growth. RTX’s large geared turbofan engine fleet is creating a growing recurring-revenue opportunity as Pratt & Whitney expands its global maintenance and support network and advances engine capabilities. A larger installed base and increased service activity could improve revenue visibility and margins over time. Can RTX’s GTF Aftermarket Expansion Boost Its Growth Outlook?
  • Positive Sentiment: RTX is investing in next-generation directed-energy defense technology. RTX Ventures made a minority investment in Xcimer Energy and signed a teaming agreement to explore integrating Xcimer’s pulsed-laser technology into RTX defense systems. The initiative could strengthen RTX’s exposure to advanced U.S. military capabilities and create potential future program opportunities, although financial benefits are likely longer term. RTX Partners With and Invests in Xcimer Energy
  • Neutral Sentiment: Heightened investor attention may increase near-term trading interest, but does not represent a new company catalyst. Zacks highlighted RTX as one of its most-watched stocks, encouraging investors to evaluate its outlook. The article provides context rather than announcing a change to guidance, earnings or contracts. RTX Corporation Is Attracting Investor Attention

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Weiss Ratings raised shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 25th. TD Cowen upped their price objective on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. UBS Group raised their target price on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Finally, Jefferies Financial Group set a $250.00 target price on RTX in a report on Sunday, July 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $228.59.

Get Our Latest Stock Report on RTX

RTX Stock Up 0.2%

NYSE RTX opened at $197.92 on Friday. The business’s fifty day simple moving average is $208.47 and its 200-day simple moving average is $195.94. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The firm has a market cap of $266.75 billion, a PE ratio of 34.85, a P/E/G ratio of 2.54 and a beta of 0.29. RTX Corporation has a 52 week low of $154.36 and a 52 week high of $226.88.

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, beating analysts’ consensus estimates 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 analyst estimates of $22.89 billion. During the same quarter in the prior year, the firm posted $1.56 earnings per share. RTX’s quarterly revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th were issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, August 14th. RTX’s payout ratio is presently 51.41%.

About RTX

(Free Report)

RTX Corporation (NYSE:RTX) is an aerospace and defense company that develops and manufactures systems, products and services for commercial aviation, business aviation and government customers. Its offerings include aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, radar, air and missile defense systems, precision weapons and cybersecurity solutions.

The company operates through three principal businesses: Collins Aerospace, which provides aerospace systems and components; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance services; and Raytheon, which develops integrated defense systems, sensors, missiles and other mission technologies.

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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