West Family Investments Inc. bought a new stake in RTX Corporation (NYSE:RTX – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,207 shares of the company’s stock, valued at approximately $1,178,000.
A number of other hedge funds have also recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in RTX in the second quarter valued at $20,970,571,000. Norges Bank acquired a new position in RTX in the fourth quarter valued at $3,167,626,000. Auto Owners Insurance Co grew its holdings in shares of RTX by 24,730.9% during the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after purchasing an additional 10,062,269 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in shares of RTX during the second quarter worth about $1,456,256,000. Finally, Deutsche Bank AG acquired a new stake in shares of RTX during the second quarter worth about $725,900,000. 86.50% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at RTX
In other RTX news, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction on 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 transaction, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the sale, the vice president owned 22,349 shares of the company’s stock, valued at $4,774,193.38. This trade represents a 17.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by company insiders.
Key Headlines Impacting RTX
- Positive Sentiment: Raytheon, RTX’s defense unit, won a roughly $22.9 billion U.S. Navy Tomahawk missile contract spanning seven years. The agreement is expected to increase production to more than 1,000 missiles annually, providing substantial long-term revenue visibility and supporting RTX’s defense backlog. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Positive Sentiment: The contract follows RTX’s better-than-expected second-quarter results: adjusted EPS was $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS outlook of $7.10–$7.25 and continued dividend growth reinforce the company’s favorable operating momentum. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Neutral Sentiment: Industry research projects growth in the commercial aircraft inflight entertainment and connectivity market, including opportunities in Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed among the key participants, but the report does not announce a specific contract or material financial impact for the company. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
- Negative Sentiment: RTX Executive Vice President Ramsaran Maharajh sold 13,655 shares for approximately $3.06 million, reducing his holdings by 50.88%. Although executive sales do not necessarily signal deteriorating fundamentals, the transaction can weigh on sentiment when the stock is near its recent high. Ramsaran Maharajh Insider Trading
- Negative Sentiment: Recent commentary notes that RTX shares have outperformed significantly and trade at a demanding valuation—approximately 39 times earnings—leaving less room for disappointment. Some investors may therefore be locking in gains or favoring other industrial and defense opportunities.
- Neutral Sentiment: Articles about modified GeForce RTX 3080 and RTX 50-series graphics cards concern NVIDIA hardware, not RTX Corporation, and should not affect RTX stock.
Analyst Ratings Changes
Several analysts have recently weighed in on the company. Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $238.00 price target on shares of RTX in a research note on Monday, July 27th. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Wells Fargo & Company boosted their price objective on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $240.00 price objective on shares of RTX in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $228.59.
Read Our Latest Stock Analysis on RTX
RTX Stock Down 2.2%
RTX stock opened at $220.48 on Thursday. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88. The stock has a 50 day moving average of $202.63 and a two-hundred day moving average of $195.34. 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 stock has a market capitalization of $297.16 billion, a price-to-earnings ratio of 38.82, a PEG ratio of 2.68 and a beta of 0.29.
RTX (NYSE:RTX – Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.23. The company had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company’s revenue was up 14.5% on a year-over-year basis. During the same period last year, the business posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, research analysts expect that RTX Corporation will post 7.22 earnings per share for the current 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 paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s payout ratio is currently 51.41%.
RTX Company 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.
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