Northwestern Mutual Wealth Management Co. Has $106.97 Million Position in RTX Corporation $RTX

Northwestern Mutual Wealth Management Co. boosted its holdings in shares of RTX Corporation (NYSE:RTX) by 2.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 563,777 shares of the company’s stock after acquiring an additional 10,907 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in RTX were worth $106,965,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in RTX. Navalign LLC bought a new position in RTX in the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX in the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX during the fourth quarter valued at approximately $31,000. 1 North Wealth Services LLC grew its holdings in RTX by 456.7% during the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after buying an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC bought a new position in RTX during the 1st quarter valued at $31,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the transaction, the insider owned 8,809 shares of the company’s stock, valued at $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 is available at the SEC website. Also, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the sale, the vice president directly owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. This trade represents a 10.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,222 shares of company stock worth $6,362,003 over the last ninety days. 0.10% of the stock is currently owned by company insiders.

RTX Stock Down 1.4%

RTX opened at $204.85 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The stock has a market cap of $276.09 billion, a price-to-earnings ratio of 36.07, a PEG ratio of 2.47 and a beta of 0.29. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88. The company’s 50-day moving average price is $207.04 and its two-hundred day moving average price is $196.09.

RTX (NYSE:RTX) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.23. The company had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. RTX’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities analysts expect that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

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

Analyst Ratings Changes

Several research firms have recently issued reports on RTX. Sanford C. Bernstein upped their target price on shares of RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. Morgan Stanley reaffirmed an “overweight” rating and issued a $240.00 price objective on shares of RTX in a research report on Friday, July 24th. TD Cowen increased their price objective on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Susquehanna lifted their target price on shares of RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research report on Friday, July 24th. Finally, Robert W. Baird set a $240.00 target price on RTX in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s reported $289 billion backlog underscores strong long-term demand visibility across its defense and commercial aerospace businesses. The backlog is not entirely equivalent to near-term revenue, but it provides substantial support for future sales and cash flow. RTX’s $289 Billion Backlog, Explained
• Positive Sentiment: RTX has outperformed the broader industrial sector over the past year, and analysts remain cautiously optimistic. Its exposure to defense spending and aircraft engine demand may make earnings less sensitive to economic cycles than many industrial peers. RTX Corporation Stock: Is RTX Outperforming the Industrial Sector?
• Positive Sentiment: Chief Executive Chris Calio is scheduled to present at the Morgan Stanley Laguna Conference. Investors may look for updates on the backlog, engine production, defense demand, margins and full-year guidance. RTX Chairman and CEO to Present at the Morgan Stanley 14th Annual Laguna Conference
• Neutral Sentiment: A recent analysis highlights RTX as a potentially defensive dividend stock because its defense exposure can reduce sensitivity to macroeconomic swings. However, the stock’s elevated valuation means investors may require continued earnings and cash-flow growth. Is RTX a Safe Dividend Stock to Buy?
• Negative Sentiment: RTX recently declined more than the broader market. The weakness appears consistent with profit-taking and valuation concerns after a strong run, rather than a newly reported deterioration in operating results. Here’s Why RTX Fell More Than the Broader Market

RTX 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.