RTX Corporation $RTX Position Increased by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of RTX Corporation (NYSE:RTX) by 8.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,859 shares of the company’s stock after purchasing an additional 3,158 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in RTX were worth $8,132,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RTX. California State Teachers Retirement System grew its stake in shares of RTX by 18,899.0% in the 2nd quarter. California State Teachers Retirement System now owns 389,832,160 shares of the company’s stock valued at $73,962,856,000 after buying an additional 387,780,302 shares in the last quarter. BlackRock Inc. acquired a new stake in RTX in the second quarter valued at approximately $20,970,571,000. 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 worth $16,851,633,000 after acquiring an additional 630,558 shares in the last quarter. Morgan Stanley grew its position in RTX by 0.4% in 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. Finally, Fisher Asset Management LLC increased its stake in shares of RTX by 3.0% during 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. 86.50% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the transaction, the vice president directly owned 20,099 shares in the company, valued at $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction dated 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 transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,222 shares of company stock worth $6,362,003 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: $472 million Chinook modernization contract supports RTX’s defense outlook. The award covers avionics upgrades and fleet-readiness work, adding to RTX’s defense backlog and providing further visibility for its Collins Aerospace business. It reinforces the company’s exposure to long-term Army modernization and rising defense spending. Can Chinook Modernization Strengthen RTX’s Defense Growth?
• Positive Sentiment: Industry coverage continues to highlight strong defense backlogs, which could support RTX’s growth prospects alongside its better-than-expected latest quarter and fiscal 2026 earnings guidance. Backlog conversion, margins and execution remain important variables for investors. 3 Under-the-Radar Defense Stocks With Record Backlogs

RTX Trading Down 1.0%

Shares of NYSE:RTX opened at $198.77 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The stock’s 50-day moving average is $208.36 and its 200-day moving average is $196.04. The company has a market cap of $267.89 billion, a P/E ratio of 34.99, a P/E/G ratio of 2.59 and a beta of 0.29. RTX Corporation has a 52-week low of $150.61 and a 52-week high of $226.88.

RTX (NYSE:RTX) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $22.89 billion. During the same quarter in the previous year, the firm earned $1.56 EPS. The firm’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. Equities research analysts predict that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th were paid a dividend of $0.73 per share. The ex-dividend date was Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.5%. RTX’s payout ratio is currently 51.41%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on RTX shares. Wells Fargo & Company lifted their price objective on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Weiss Ratings upgraded RTX from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 25th. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Sanford C. Bernstein upped their price target on RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. Finally, TD Cowen raised their price objective on RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, July 27th. 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $228.59.

RTX Company Profile

RTX Corporation (NYSE:RTX) is an aerospace and defense company that develops and manufactures systems, products and services for commercial aviation, business aviation and government customers. Its offerings include aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, radar, air and missile defense systems, precision weapons and cybersecurity solutions.

The company operates through three principal businesses: Collins Aerospace, which provides aerospace systems and components; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance services; and Raytheon, which develops integrated defense systems, sensors, missiles and other mission technologies.