Gibbs Wealth Management Boosts Stock Position in RTX Corporation $RTX

Gibbs Wealth Management increased its holdings in shares of RTX Corporation (NYSE:RTX) by 19.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,031 shares of the company’s stock after buying an additional 2,776 shares during the period. Gibbs Wealth Management’s holdings in RTX were worth $3,285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Navalign LLC purchased a new stake in shares of RTX in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of RTX during the fourth quarter worth about $26,000. Core Wealth Advisors LLC purchased a new stake in shares of RTX during the fourth quarter worth approximately $31,000. 1 North Wealth Services LLC increased its stake in shares of 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 during the period. Finally, Evergreen Advisors LLC acquired a new stake in RTX in the first quarter valued at approximately $31,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Stock Up 7.2%

RTX stock opened at $208.97 on Friday. RTX Corporation has a fifty-two week low of $150.61 and a fifty-two week high of $214.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. The company has a market capitalization of $281.42 billion, a P/E ratio of 39.21, a PEG ratio of 2.67 and a beta of 0.30. The stock has a 50-day simple moving average of $186.24 and a 200-day simple moving average of $192.04.

RTX (NYSE:RTX) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. The firm had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm’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. Equities research analysts expect that RTX Corporation will post 6.92 earnings per share for the current year.

RTX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given 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 dividend yield of 1.4%. RTX’s dividend payout ratio (DPR) is 54.78%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on RTX. Erste Group Bank downgraded shares of RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Jefferies Financial Group reissued a “buy” rating on shares of RTX in a research report on Wednesday, July 8th. UBS Group reduced their price objective on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Finally, Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, RTX presently has an average rating of “Moderate Buy” and an average target price of $211.38.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX beat Q2 expectations with adjusted EPS of $1.89 on revenue of $24.71 billion, driven by 14% sales growth and stronger commercial aftermarket and defense demand. RTX Reports Q2 2026 Results
• Positive Sentiment: The company lifted 2026 guidance to $95 billion-$96 billion in sales and $7.10-$7.25 in adjusted EPS, suggesting management sees continued momentum ahead. RTX Again Raises Full-Year Forecast on Robust Demand, Higher Backlog
• Positive Sentiment: Backlog hit a record $289 billion, highlighting multiyear demand visibility, especially in defense programs and missile orders. Missile Orders Give RTX, Lockheed Stock a Boost
• Positive Sentiment: Pratt & Whitney’s operational issues appear to be improving, while strong GTF engine orders and commitments support future aerospace growth. RTX’s Pratt & Whitney GTF engines surpass 800 orders and commitments in 2026, year to date
• Neutral Sentiment: Some commentary notes RTX has strong tailwinds, but also limited room for execution missteps given already-high expectations. RTX: Lots Of Tailwinds, But Little Margin For Error

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.