Wealth Effects LLC Invests $740,000 in RTX Corporation $RTX

Wealth Effects LLC acquired a new stake in RTX Corporation (NYSE:RTX) in the 2nd quarter, HoldingsChannel reports. The fund acquired 3,900 shares of the company’s stock, valued at approximately $740,000.

Other institutional investors have also recently made changes to their positions in the company. Alpha Cubed Investments LLC lifted its holdings in RTX by 0.3% during the 4th 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 in the last quarter. Schulhoff & Co. Inc. grew its stake in shares of RTX by 1.7% in the fourth quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock worth $585,000 after acquiring an additional 52 shares in the last quarter. Purus Wealth Management LLC grew its stake in shares of RTX by 0.4% in the fourth 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 in the last quarter. Sunbeam Capital Management LLC increased its position in shares of RTX by 1.6% during the fourth quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock worth $620,000 after acquiring an additional 53 shares during the period. Finally, Sequent Planning LLC increased its position in shares of RTX by 1.6% during the fourth quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock worth $617,000 after acquiring an additional 54 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX News Summary

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 Transactions at RTX

In related news, VP Kevin G. Dasilva sold 4,760 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were 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 owned 8,809 shares in the company, valued at $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 15,567 shares of company stock worth $3,304,375. Company insiders own 0.10% of the company’s stock.

RTX Price Performance

RTX stock opened at $222.88 on Monday. The stock has a market cap of $300.38 billion, a P/E ratio of 39.24, a price-to-earnings-growth ratio of 2.65 and a beta of 0.29. The company has a fifty day simple moving average of $200.02 and a 200-day simple moving average of $194.87. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $226.88. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47.

RTX (NYSE:RTX) last posted its earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.66 by $0.23. The firm had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.RTX’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities analysts expect that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Dividend Announcement

The firm also recently disclosed 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. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio is currently 51.41%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Citigroup reiterated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Robert W. Baird set a $240.00 price target on RTX in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $238.00 price target on shares of RTX in a research report on Monday, July 27th. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price objective on shares of RTX in a research note on Friday, July 24th. Finally, Sanford C. Bernstein boosted their price objective on RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target 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.