Dunhill Financial LLC purchased a new position in RTX Corporation (NYSE:RTX – Free Report) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 3,295 shares of the company’s stock, valued at approximately $625,000.
A number of other institutional investors also recently added to or reduced their stakes in RTX. Vanguard Group Inc. lifted its position in shares of RTX by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after buying an additional 2,210,950 shares during the period. State Street Corp grew its position in RTX by 0.7% in the fourth quarter. State Street Corp now owns 91,884,588 shares of the company’s stock valued at $16,851,633,000 after acquiring an additional 630,558 shares during the period. Morgan Stanley raised its stake in RTX by 0.4% during the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock worth $5,462,310,000 after acquiring an additional 105,069 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of RTX by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock worth $3,998,155,000 after purchasing an additional 625,994 shares during the last quarter. Finally, Norges Bank bought a new stake in RTX during the fourth quarter worth about $3,167,626,000. 86.50% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts have recently commented on RTX shares. Citigroup restated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $238.00 price objective on shares of RTX in a research report on Monday, July 27th. Jefferies Financial Group set a $250.00 price objective on shares of RTX in a report on Sunday, July 26th. UBS Group upped their price objective on RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Finally, Robert W. Baird set a $240.00 price objective on shares of RTX in a research note on Friday, July 24th. One equities 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 given a Sell rating to the company. According to MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and a consensus price target of $228.59.
Key Stories Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raytheon won a $22.9 billion, seven-year Tomahawk missile contract from the U.S. Navy. The agreement is intended to sharply expand annual production from approximately 60 missiles to more than 1,000, creating significant multi-year visibility for RTX’s defense business. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
- Positive Sentiment: The contract supports the Pentagon’s effort to replenish critical munitions and follows heavy Tomahawk usage in military operations. Investors view the award as evidence of sustained government demand and a potential catalyst for RTX’s defense growth. The US military is paying RTX’s Raytheon more for Tomahawk missiles
- Positive Sentiment: RTX’s latest quarterly results provide additional support: earnings per share reached $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 guidance of $7.10–$7.25 remains broadly consistent with analyst expectations.
- Neutral Sentiment: The contract is strategically significant, but its effect on near-term earnings will depend on production execution, capacity expansion, costs and the timing of deliveries. RTX also trades at a relatively elevated valuation, with a reported P/E near 39.
- Neutral Sentiment: Several other articles concern Nvidia GeForce RTX graphics cards, laptops or unrelated technology promotions rather than RTX Corporation. They do not materially affect the company’s investment outlook. Esports Hotel Thieves Caught Swapping Out RTX 5080 GPUs for RTX 3060s
RTX Stock Performance
Shares of RTX stock opened at $221.87 on Tuesday. The firm has a market cap of $299.03 billion, a price-to-earnings ratio of 39.06, a price-to-earnings-growth ratio of 2.65 and a beta of 0.29. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. The stock’s 50-day moving average is $200.88 and its 200-day moving average is $195.01. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78.
RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.66 by $0.23. The firm 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%. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities analysts predict that RTX Corporation will post 7.22 earnings per share for the current fiscal year.
RTX Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s payout ratio is currently 51.41%.
Insider Activity
In related news, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction that occurred 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 sale, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction dated 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 transaction, the vice president directly 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 SEC filing for this sale provides additional information. Insiders sold 15,567 shares of company stock worth $3,304,375 over the last 90 days. 0.10% of the stock is currently owned by corporate insiders.
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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