West Family Investments Inc. Raises Holdings in RTX Corporation $RTX

West Family Investments Inc. boosted its position in RTX Corporation (NYSE:RTX) by 103.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,207 shares of the company’s stock after acquiring an additional 3,149 shares during the period. West Family Investments Inc.’s holdings in RTX were worth $1,178,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Navalign LLC purchased a new stake in RTX in the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC bought a new stake in RTX in the fourth quarter valued at $26,000. Core Wealth Advisors LLC purchased a new position in RTX during the 4th quarter valued at $31,000. 1 North Wealth Services LLC increased its position in RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares during the period. Finally, Evergreen Advisors LLC bought a new position in RTX in the 1st quarter worth $31,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Kevin G. Dasilva sold 2,250 shares of the firm’s 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 transaction, the vice president directly owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. This trade represents a 10.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 29,222 shares of company stock worth $6,362,003. Insiders own 0.10% of the company’s stock.

RTX Trading Down 1.0%

RTX stock traded down $2.02 during mid-day trading on Tuesday, reaching $198.77. The company had a trading volume of 3,626,325 shares, compared to its average volume of 5,513,626. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The firm has a 50 day moving average of $208.18 and a 200 day moving average of $196.09. The company has a market capitalization of $267.89 billion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 2.59 and a beta of 0.29.

RTX (NYSE:RTX) last released its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating 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 firm had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. During the same period in the previous year, the company posted $1.56 earnings per share. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities analysts predict that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

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 $0.73 dividend. 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 dividend payout ratio (DPR) is 51.41%.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX secured a $472 million Chinook modernization contract to upgrade avionics and support fleet readiness for the U.S. Army. The award should strengthen RTX’s defense backlog, provide longer-term revenue visibility and reinforce its position in military aerospace modernization. Can Chinook Modernization Strengthen RTX’s Defense Growth?
• Neutral Sentiment: Repeated coverage of the Chinook award highlights improving defense demand, but the contract alone is unlikely to materially change near-term earnings expectations. Investors may continue focusing on execution, margins and RTX’s aerospace supply-chain recovery following its strong latest quarterly results.
• Neutral Sentiment: Most other headlines reference NVIDIA’s RTX-branded GPUs, including RTX 50-series laptops, RTX Spark systems, DLSS modifications and reports of a melted RTX 5090 power connector. These stories may affect NVIDIA, but they have no direct operational connection to RTX Corporation.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Robert W. Baird set a $240.00 target price on shares of RTX in a research note on Friday, July 24th. Citigroup restated a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Sanford C. Bernstein lifted their target price on RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a research note on Monday, August 3rd. Finally, Wells Fargo & Company increased their price objective on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and a consensus target price of $228.59.

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.