SummitTX Capital L.P. Acquires New Holdings in RTX Corporation $RTX

SummitTX Capital L.P. acquired a new position in RTX Corporation (NYSE:RTX) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 2,660 shares of the company’s stock, valued at approximately $513,000.

Several other large investors have also recently bought and sold shares of RTX. Navalign LLC bought a new position in shares of RTX in the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new stake in RTX during the fourth quarter worth approximately $26,000. Evergreen Advisors LLC bought a new stake in RTX during the first quarter worth approximately $31,000. Core Wealth Advisors LLC acquired a new stake in RTX in the fourth quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC lifted its position in RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 137 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insider Transactions at RTX

In other RTX news, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider directly owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction dated 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 transaction, the vice president owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 15,567 shares of company stock valued at $3,304,375 over the last ninety days. Insiders own 0.10% of the company’s stock.

RTX Stock Performance

Shares of NYSE RTX opened at $215.58 on Friday. The stock’s fifty day simple moving average is $191.15 and its 200 day simple moving average is $193.19. The stock has a market capitalization of $290.55 billion, a price-to-earnings ratio of 37.95, a PEG ratio of 2.55 and a beta of 0.30. 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 $221.34.

RTX (NYSE:RTX) last announced its 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 return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. During the same period in the prior year, the business posted $1.56 earnings per share. RTX’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, sell-side analysts forecast that RTX Corporation will post 7.21 earnings per share for the current fiscal year.

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX’s payout ratio is presently 51.41%.

Analyst Upgrades and Downgrades

RTX has been the topic of several research analyst reports. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Wells Fargo & Company upped their price objective on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Argus set a $245.00 target price on RTX in a research note on Thursday. Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 target price on shares of RTX in a report on Friday, July 24th. Finally, Weiss Ratings upgraded shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 24th. One 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 given a Sell rating to the company. Based on data from MarketBeat, RTX has an average rating of “Moderate Buy” and an average target price of $226.94.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Pratt & Whitney, RTX’s engine business, received a nearly $1.3 billion undefinitized contract for F135 engine spare parts. The award supports sustainment of engines powering all three F-35 Lightning II variants, strengthening RTX’s defense backlog and long-term revenue visibility. RTX’s Pratt & Whitney awarded $1.3 billion F135 sustainment contract
• Positive Sentiment: Investor sentiment remains supported by RTX’s latest earnings beat: quarterly revenue rose 14.5% year over year to $24.71 billion, while EPS of $1.89 exceeded consensus by $0.23. Management also raised its full-year 2026 outlook, with guidance of $7.10-$7.25 in EPS, citing a record $289 billion backlog across commercial aftermarket and defense programs. How RTX’s Q2 Beat, Raised Outlook and Record Backlog Will Impact RTX Investors
• Positive Sentiment: Analyst support has improved after the earnings report, with Morgan Stanley raising its RTX price target. RTX is also being highlighted among industrial stocks positioned to benefit from resilient manufacturing, defense demand and infrastructure investment. Morgan Stanley raises RTX stock price target after earnings
• Neutral Sentiment: A comparison of RTX with Redwire frames RTX as the more established company, benefiting from scale, execution and a substantial backlog, while Redwire offers potentially faster sales and earnings growth. The analysis underscores RTX’s steadier profile but also suggests investors should weigh its higher valuation against its growth prospects. RTX vs. Redwire: Which Aerospace & Defense Stock Offers More Upside?
• Negative Sentiment: Reports of insider selling briefly pressured RTX shares, highlighting profit-taking risk after a strong rally toward the stock’s 12-month high. RTX’s valuation—about 38 times earnings—also leaves the stock more sensitive to any disappointment in execution or guidance. RTX shares down following insider selling

About RTX

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.