Frontier Asset Management LLC Makes New Investment in RTX Corporation $RTX

Frontier Asset Management LLC purchased a new stake in RTX Corporation (NYSE:RTX) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,987 shares of the company’s stock, valued at approximately $1,705,000. RTX accounts for 0.3% of Frontier Asset Management LLC’s investment portfolio, making the stock its 22nd biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Alpha Cubed Investments LLC boosted its holdings in RTX by 0.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after buying an additional 50 shares during the last quarter. Schulhoff & Co. Inc. raised its position in shares of RTX by 1.7% in the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after acquiring an additional 52 shares during the period. Purus Wealth Management LLC boosted its stake in RTX by 0.4% during the 4th quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock worth $2,700,000 after acquiring an additional 53 shares during the last quarter. Sunbeam Capital Management LLC grew its holdings in RTX by 1.6% during the fourth quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock valued at $620,000 after purchasing an additional 53 shares during the period. Finally, Sequent Planning LLC grew its holdings in RTX by 1.6% during the fourth quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock valued at $617,000 after purchasing an additional 54 shares during the period. 86.50% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on RTX. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $238.00 price target on shares of RTX in a report on Monday, July 27th. Jefferies Financial Group set a $250.00 target price on RTX in a report on Sunday, July 26th. Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Finally, UBS Group lifted their price objective on RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $228.59.

RTX Trading Up 1.1%

RTX stock opened at $222.88 on Friday. The company has a market cap of $300.38 billion, a price-to-earnings ratio of 39.24, a P/E/G ratio of 2.65 and a beta of 0.29. The firm has a 50-day moving average of $200.02 and a 200-day moving average of $194.86. 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 Corporation has a one year low of $150.61 and a one year high of $226.88.

RTX (NYSE:RTX) last issued its 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 business 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%. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities analysts expect that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Announces Dividend

The firm 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 is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. RTX’s dividend payout ratio (DPR) is presently 51.41%.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

Insider Buying and Selling

In other news, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the sale, the vice president directly owned 22,349 shares of the company’s stock, valued at $4,774,193.38. This represents a 17.56% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 15,567 shares of company stock worth $3,304,375. Company insiders own 0.10% of the company’s stock.

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.