Plato Investment Management Ltd bought a new stake in shares of RTX Corporation (NYSE:RTX – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 11,437 shares of the company’s stock, valued at approximately $2,157,000.
A number of other institutional investors have also recently added to or reduced their stakes in RTX. World Investment Advisors grew its holdings in shares of RTX by 8.7% during the fourth quarter. World Investment Advisors now owns 62,448 shares of the company’s stock worth $11,453,000 after buying an additional 5,020 shares in the last quarter. Milestone Asset Management Group LLC lifted its stake in shares of RTX by 34.7% in the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after buying an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC purchased a new position in shares of RTX in the fourth quarter worth about $2,308,000. Truist Financial Corp boosted its position in RTX by 2.3% during the fourth quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after acquiring an additional 53,045 shares during the last quarter. Finally, Wealth Science Advisors LLC purchased a new stake in RTX during the 4th quarter valued at about $1,439,000. Institutional investors and hedge funds own 86.50% of the company’s stock.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raytheon won a $22.9 billion, seven-year Tomahawk missile contract from the U.S. Navy. The agreement is intended to sharply expand annual production from approximately 60 missiles to more than 1,000, creating significant multi-year visibility for RTX’s defense business. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
- Positive Sentiment: The contract supports the Pentagon’s effort to replenish critical munitions and follows heavy Tomahawk usage in military operations. Investors view the award as evidence of sustained government demand and a potential catalyst for RTX’s defense growth. The US military is paying RTX’s Raytheon more for Tomahawk missiles
- Positive Sentiment: RTX’s latest quarterly results provide additional support: earnings per share reached $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS guidance of $7.10–$7.25 remains broadly consistent with analyst expectations.
- Neutral Sentiment: The contract is strategically significant, but its effect on near-term earnings will depend on production execution, capacity expansion, costs and the timing of deliveries. RTX also trades at a relatively elevated valuation, with a reported P/E near 39.
- Neutral Sentiment: Several other articles concern Nvidia GeForce RTX graphics cards, laptops or unrelated technology promotions rather than RTX Corporation. They do not materially affect the company’s investment outlook. Esports Hotel Thieves Caught Swapping Out RTX 5080 GPUs for RTX 3060s
Insider Activity at RTX
Analyst Ratings Changes
A number of research firms have commented on RTX. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Sanford C. Bernstein upped their price target on RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a research report on Monday, August 3rd. Wells Fargo & Company increased their price target on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Morgan Stanley reiterated an “overweight” rating and set a $240.00 price objective on shares of RTX in a research report on Friday, July 24th. Finally, Weiss Ratings lowered RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.
Read Our Latest Stock Report on RTX
RTX Stock Down 0.5%
RTX stock opened at $221.87 on Tuesday. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. The firm’s 50 day moving average price is $200.88 and its 200-day moving average price is $195.01. The firm has a market cap of $299.03 billion, a PE ratio of 39.06, a PEG ratio of 2.65 and a beta of 0.29. 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 (NYSE:RTX – Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period last year, the company earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities research analysts anticipate that RTX Corporation will post 7.22 EPS for the current year.
RTX Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio (DPR) is 51.41%.
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.
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