West Branch Capital LLC Sells 4,829 Shares of RTX Corporation $RTX

West Branch Capital LLC lowered its holdings in RTX Corporation (NYSE:RTX) by 63.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,804 shares of the company’s stock after selling 4,829 shares during the quarter. West Branch Capital LLC’s holdings in RTX were worth $532,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Navalign LLC acquired a new stake in RTX during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of RTX in the 4th quarter worth approximately $26,000. Core Wealth Advisors LLC acquired a new position in shares of RTX in the 4th quarter worth approximately $31,000. 1 North Wealth Services LLC lifted 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 buying an additional 137 shares during the period. Finally, Evergreen Advisors LLC acquired a new stake in RTX in the 1st quarter valued at $31,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Trading Down 0.2%

Shares of NYSE RTX opened at $223.68 on Wednesday. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $226.88. The company has a 50-day moving average of $197.37 and a two-hundred day moving average of $194.31. The company has a market cap of $301.47 billion, a PE ratio of 39.38, a P/E/G ratio of 2.67 and a beta of 0.29. 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 released 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. The business had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. RTX’s revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities analysts expect that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio (DPR) is presently 51.41%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Argus set a $245.00 price objective on RTX in a report on Thursday, July 30th. TD Cowen boosted their target price 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. Citigroup reaffirmed a “buy” rating on shares of RTX in a report on Wednesday, June 17th. 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 equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $228.59.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: New $472 million Chinook contract: Collins Aerospace won a U.S. Army award worth up to $472 million to provide engineering services for the modernization and sustainment of the CH-47 Chinook helicopter fleet. The contract reinforces RTX’s defense backlog and supports recurring services revenue. RTX’s Collins Aerospace to support modernization of U.S. Army’s Chinook helicopters
• Positive Sentiment: $745 million missile-defense award: Raytheon received a Missile Defense Agency contract to produce and sustain SM-3 Block IIA interceptors. The award strengthens RTX’s position in missile defense and adds visibility to future defense sales. RTX’s Raytheon awarded $745 million contract for SM-3 IIA interceptors
• Positive Sentiment: Estimates and trading sentiment remain supportive: Erste Group raised its 2026 EPS forecast to $7.25 from $7.20, above the roughly $7.21 consensus. CNBC also reported that options traders are leaning bullish, while Zacks cited defense wins, technology milestones and rising estimates as drivers of RTX’s recent outperformance. Erste nevertheless maintains a “Hold” rating. RTX Outperforms Industry in the Past Month
• Neutral Sentiment: Stock is near a record level: RTX recently reached a new 52-week high. This signals strong momentum, but also leaves the shares more sensitive to profit-taking and any disappointment relative to elevated expectations.
• Negative Sentiment: Valuation is a risk: RTX trades at a high earnings multiple relative to many industrial and aerospace peers. Although its latest quarterly results exceeded expectations, the premium valuation could limit upside unless contract growth and earnings continue to accelerate.
• Neutral Sentiment: Most other headlines are unrelated: Articles about RTX 5070, RTX 5080 and other GeForce graphics cards refer to Nvidia products, not RTX Corporation. They do not provide a direct fundamental catalyst for NYSE: RTX.

Insiders Place Their Bets

In other news, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the transaction, the insider 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 legal filing with the SEC, which is available through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction dated 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 transaction, the vice president owned 22,349 shares in the company, valued at approximately $4,774,193.38. This represents a 17.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 15,567 shares of company stock worth $3,304,375 over the last quarter. Corporate insiders own 0.10% of the company’s stock.

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.