Danske Bank A S bought a new position in shares of RTX Corporation (NYSE:RTX – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 22,719 shares of the company’s stock, valued at approximately $4,310,000.
A number of other large investors have also recently bought and sold shares of RTX. Navalign LLC bought a new stake in RTX in the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new stake in RTX during the 4th quarter worth about $26,000. Core Wealth Advisors LLC acquired a new position in shares of RTX during the 4th quarter worth about $31,000. 1 North Wealth Services LLC raised its position in 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 acquiring an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC acquired a new stake in RTX in the first quarter valued at $31,000. 86.50% of the stock is currently owned by institutional investors.
RTX Stock Performance
NYSE RTX opened at $210.36 on Friday. The firm’s fifty day moving average price is $203.73 and its two-hundred day moving average price is $195.53. The stock has a market cap of $283.51 billion, a PE ratio of 37.04, a PEG ratio of 2.53 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 Corporation has a fifty-two week low of $150.61 and a fifty-two week high of $226.88.
RTX Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors 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 annualized dividend and a yield of 1.4%. RTX’s dividend payout ratio (DPR) is currently 51.41%.
Analyst Ratings Changes
Several research firms recently commented on RTX. TD Cowen upped their price target on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, July 27th. UBS Group raised their price objective on RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Argus set a $245.00 price target on RTX in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $238.00 price objective on shares of RTX in a research note on Monday, July 27th. Finally, Sanford C. Bernstein upped their price target on shares of RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a report on Monday, August 3rd. One research 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 given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $228.59.
Read Our Latest Research Report on RTX
More RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: The European Commission closed its antitrust investigation into Pratt & Whitney Canada, RTX’s aircraft-engine unit. The decision removes the risk of potential enforcement action, fines or business restrictions tied to the probe. EU closes antitrust probe into RTX’s Pratt & Whitney
- Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract. The award should improve long-term revenue visibility, support higher production and strengthen RTX’s defense backlog through the 2030s. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
- Positive Sentiment: Recent quarterly results also remain supportive: RTX exceeded EPS and revenue expectations, posted 14.5% year-over-year revenue growth and raised confidence in its fiscal 2026 outlook. These results reinforce the company’s ability to convert its backlog into cash-generating programs. How Investors May Respond to RTX Winning a US$22.9 Billion Tomahawk Deal and Raising Guidance
- Neutral Sentiment: Broader market volatility, including concerns about Treasury policy, oil prices and upcoming inflation data, may be contributing to pressure across equities rather than reflecting a change in RTX’s fundamentals.
- Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by about 51%. While the sale may be routine, it can weigh on sentiment when the stock is near its 52-week high. RTX EVP Sells 13,655 Shares
- Negative Sentiment: RTX trades at a demanding earnings multiple after a substantial rally. The valuation leaves less room for execution disappointments and may encourage investors to take profits.
Insider Buying and Selling at RTX
In other news, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the transaction, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is currently owned by company insiders.
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.
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