RTX (NYSE:RTX) Stock Price Down 3.5% After Insider Selling

RTX Corporation (NYSE:RTX)’s stock price dropped 3.5% during mid-day trading on Thursday following insider selling activity. The company traded as low as $212.16 and last traded at $212.62. Approximately 4,359,392 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 5,641,577 shares. The stock had previously closed at $220.35.

Specifically, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction on 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 completion of the transaction, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Argus set a $245.00 price target on shares of RTX in a research report on Thursday, July 30th. Jefferies Financial Group set a $250.00 price target on RTX in a report on Sunday, July 26th. Citigroup reiterated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $238.00 price target on shares of RTX in a research note on Monday, July 27th. Finally, Robert W. Baird set a $240.00 price objective on RTX in a research note on Friday, July 24th. One equities research 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $228.59.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon unit secured a roughly $22.9 billion, seven-year U.S. Navy contract to accelerate Tomahawk cruise missile production to more than 1,000 missiles annually. The award improves long-term revenue visibility, expands the defense backlog, and could support cash flow and margins as production scales. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
• Positive Sentiment: The contract complements RTX’s recent quarterly outperformance. Adjusted EPS of $1.89 exceeded the $1.66 consensus estimate, revenue rose 14.5% year over year to $24.71 billion, and fiscal 2026 EPS guidance was set at $7.10–$7.25. Continued dividend growth also supports the investment case. How Investors May Respond to RTX Winning a $22.9 Billion Tomahawk Deal
• Neutral Sentiment: Industry forecasts point to growth in commercial aircraft inflight entertainment and connectivity, including Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed as a participant, but the report does not identify a specific contract or near-term financial benefit. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
• Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 shares for approximately $3.06 million, cutting his direct holdings by 50.88%. The sale may weigh on sentiment, although it does not by itself indicate weakening business fundamentals. RTX EVP Sells 13,655 Shares
• Negative Sentiment: RTX shares are trading near their 52-week high at a relatively demanding valuation, making the stock vulnerable to profit-taking or disappointment even after favorable contract and earnings news. Commentary also suggests some investors may prefer other industrial stocks with greater perceived upside. Two Industrial Stocks I’d Buy Before RTX

RTX Stock Down 3.5%

The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The firm’s 50 day simple moving average is $202.63 and its 200-day simple moving average is $195.34. The company has a market capitalization of $286.56 billion, a price-to-earnings ratio of 37.43, a PEG ratio of 2.68 and a beta of 0.29.

RTX (NYSE:RTX) last released its 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 for the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, sell-side analysts anticipate that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a $0.73 dividend. 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 currently 51.41%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC grew its stake in RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after acquiring an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC raised its position in RTX by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after acquiring an additional 159 shares during the last quarter. United Bank lifted its holdings in shares of RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after purchasing an additional 4,131 shares in the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of RTX by 3.1% in the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after purchasing an additional 623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of RTX in the second quarter valued at approximately $5,157,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

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.