Ieq Capital LLC Makes New Investment in RTX Corporation $RTX

Ieq Capital LLC acquired a new stake in RTX Corporation (NYSE:RTX) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 108,476 shares of the company’s stock, valued at approximately $20,581,000.

Other hedge funds have also recently made changes to their positions in the company. Alpha Cubed Investments LLC lifted its position in RTX by 0.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock valued at $2,700,000 after acquiring an additional 50 shares in the last quarter. Schulhoff & Co. Inc. increased its holdings in RTX by 1.7% during the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock worth $585,000 after purchasing an additional 52 shares in the last quarter. Sunbeam Capital Management LLC raised its stake in shares of RTX by 1.6% in the fourth quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock worth $620,000 after purchasing an additional 53 shares during the last quarter. Sequent Planning LLC raised its stake in shares of RTX by 1.6% in the fourth quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock worth $617,000 after purchasing an additional 54 shares during the last quarter. Finally, Boston Family Office LLC lifted its holdings in shares of RTX by 0.3% in the fourth quarter. Boston Family Office LLC now owns 17,857 shares of the company’s stock valued at $3,275,000 after purchasing an additional 54 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

More 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.

Insider Buying and Selling

In related news, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the transaction, the vice president owned 20,099 shares in the company, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $210.29, for a total value 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 $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by company insiders.

RTX Stock Down 0.9%

Shares of NYSE:RTX opened at $210.36 on Friday. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88. The company has a market capitalization of $283.51 billion, a PE ratio of 37.04, a price-to-earnings-growth ratio of 2.53 and a beta of 0.29. The business has a fifty day moving average price of $203.73 and a two-hundred day moving average price of $195.53. 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 issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 8.28% and a return on equity of 13.99%. During the same period in the previous year, the firm earned $1.56 EPS. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts forecast that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. TD Cowen upped their price target on RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, July 27th. Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Wells Fargo & Company increased their target price on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Finally, Sanford C. Bernstein raised their price target on shares of RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $228.59.

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.