TRB Wealth Management LLC Purchases New Holdings in RTX Corporation $RTX

TRB Wealth Management LLC purchased a new position in RTX Corporation (NYSE:RTX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,842 shares of the company’s stock, valued at approximately $919,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RTX. Vanguard Group Inc. boosted its holdings 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 purchasing an additional 2,210,950 shares during the last quarter. BlackRock Inc. acquired a new position in shares of RTX in the 2nd quarter valued at $20,970,571,000. State Street Corp boosted its stake in RTX by 0.7% during the fourth quarter. State Street Corp now owns 91,884,588 shares of the company’s stock worth $16,851,633,000 after buying an additional 630,558 shares during the period. Morgan Stanley boosted its position in shares of RTX by 0.4% during the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock worth $5,462,310,000 after purchasing an additional 105,069 shares during the period. Finally, Fisher Asset Management LLC boosted its position in shares of RTX by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock worth $3,998,155,000 after buying an additional 625,994 shares during the period. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Stock Performance

NYSE RTX opened at $210.36 on Friday. The company has a fifty day moving average of $203.73 and a two-hundred day moving average of $195.53. The company has a market capitalization of $283.51 billion, a PE ratio of 37.04, a P/E/G ratio of 2.53 and a beta of 0.29. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88. 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) last posted its earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 13.99% and a net margin of 8.28%.The business’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous 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, analysts expect that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a dividend of $0.73 per share. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s dividend payout ratio (DPR) is 51.41%.

Wall Street Analysts Forecast Growth

RTX has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $238.00 price objective on shares of RTX in a research note on Monday, July 27th. TD Cowen boosted their target price on shares of RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Weiss Ratings downgraded RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Morgan Stanley restated an “overweight” rating and set a $240.00 target price on shares of RTX in a research note on Friday, July 24th. Finally, Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

Insider Activity

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction 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 completion of the sale, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. This represents a 50.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $213.62, for a total value of $1,016,831.20. Following the transaction, the vice president directly owned 22,349 shares in the company, valued at approximately $4,774,193.38. This represents a 17.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 29,222 shares of company stock valued at $6,362,003 in the last ninety days. 0.10% of the stock is currently owned by company insiders.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The European Commission closed its antitrust investigation into Pratt & Whitney Canada, RTX’s aircraft-engine unit. The decision removes the risk of potential enforcement action, fines or business restrictions tied to the probe. EU closes antitrust probe into RTX’s Pratt & Whitney
• Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract. The award should improve long-term revenue visibility, support higher production and strengthen RTX’s defense backlog through the 2030s. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
• Positive Sentiment: Recent quarterly results also remain supportive: RTX exceeded EPS and revenue expectations, posted 14.5% year-over-year revenue growth and raised confidence in its fiscal 2026 outlook. These results reinforce the company’s ability to convert its backlog into cash-generating programs. How Investors May Respond to RTX Winning a US$22.9 Billion Tomahawk Deal and Raising Guidance
• Neutral Sentiment: Broader market volatility, including concerns about Treasury policy, oil prices and upcoming inflation data, may be contributing to pressure across equities rather than reflecting a change in RTX’s fundamentals.
• Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by about 51%. While the sale may be routine, it can weigh on sentiment when the stock is near its 52-week high. RTX EVP Sells 13,655 Shares
• Negative Sentiment: RTX trades at a demanding earnings multiple after a substantial rally. The valuation leaves less room for execution disappointments and may encourage investors to take profits.

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.