Quantbot Technologies LP Takes $6.23 Million Position in RTX Corporation $RTX

Quantbot Technologies LP purchased a new position in shares of RTX Corporation (NYSE:RTX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 32,829 shares of the company’s stock, valued at approximately $6,229,000.

Several other hedge funds and other institutional investors have also bought and sold shares of RTX. Vanguard Group Inc. grew 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 purchasing an additional 2,210,950 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of RTX in the second quarter valued at approximately $20,970,571,000. State Street Corp raised its position in shares of 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 buying an additional 630,558 shares in the last quarter. Morgan Stanley boosted its stake in shares of RTX by 0.4% in the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock valued at $5,462,310,000 after buying an additional 105,069 shares during the period. Finally, Fisher Asset Management LLC grew its position in 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 in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on RTX. TD Cowen lifted their price objective on RTX from $225.00 to $240.00 and gave the company a “buy” rating in a report on Monday, July 27th. Weiss Ratings lowered RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Argus set a $245.00 price target on RTX in a research note on Thursday, July 30th. Robert W. Baird set a $240.00 price objective on shares of RTX in a research report on Friday, July 24th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $240.00 price objective on shares of RTX in a research note on Friday, July 24th. One investment 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 has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

Insider Buying and Selling

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the sale, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the business’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 sale, the vice president directly owned 22,349 shares in the company, valued at approximately $4,774,193.38. The trade was a 17.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 29,222 shares of company stock worth $6,362,003 in the last three months. 0.10% of the stock is owned by corporate insiders.

RTX Price Performance

RTX stock opened at $210.36 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88. The stock has a market capitalization of $283.51 billion, a P/E ratio of 37.04, a price-to-earnings-growth ratio of 2.50 and a beta of 0.29. The stock has a fifty day moving average of $203.73 and a 200-day moving average of $195.53.

RTX (NYSE:RTX) last released its quarterly earnings data 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. RTX had a return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same period last year, the firm posted $1.56 earnings per share. RTX’s revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, sell-side analysts expect that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

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

RTX News Summary

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.