Kinloch Capital LLC acquired a new position in RTX Corporation (NYSE:RTX – Free Report) in the second quarter, HoldingsChannel.com reports. The firm acquired 23,346 shares of the company’s stock, valued at approximately $4,429,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fortress Financial Group LLC bought a new stake in shares of RTX in the 2nd quarter worth $358,000. Navalign LLC purchased a new position in shares of RTX in the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX during the fourth quarter valued at $26,000. Evergreen Advisors LLC purchased a new stake in shares of RTX during the first quarter valued at $31,000. Finally, Core Wealth Advisors LLC purchased a new stake in shares of RTX during the fourth quarter valued at $31,000. 86.50% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several equities research analysts recently commented on RTX shares. Royal Bank Of Canada lifted their price objective on RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. TD Cowen raised their price target on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a report on Monday, July 27th. Sanford C. Bernstein lifted their price target on shares of RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. 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 research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.
RTX Stock Performance
Shares of RTX opened at $209.22 on Tuesday. The firm has a market capitalization of $281.97 billion, a P/E ratio of 36.83, a PEG ratio of 2.50 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. The business has a fifty day moving average of $204.25 and a 200 day moving average of $195.53.
RTX (NYSE:RTX – Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. The company had revenue of $24.71 billion for 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%.RTX’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, sell-side analysts anticipate that RTX Corporation will post 7.22 EPS for the current year.
RTX Announces Dividend
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 paid a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is 51.41%.
More RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Collins Aerospace, an RTX business, completed altitude testing of its Enhanced Power and Cooling System (EPACS). The testing validated performance in high-altitude conditions and supports greater cooling capacity for advanced mission systems on the F-35, as well as potential future defense and commercial aircraft. The milestone reinforces RTX’s role in upgrading the F-35 platform, although it does not by itself indicate an immediate revenue or earnings change. RTX Collins Aerospace EPACS altitude testing announcement
- Neutral Sentiment: A sector comparison of GE Aerospace, Boeing and RTX says aerospace and defense leaders have outperformed their broader sector basket in 2026. The article may support continued investor interest in RTX, but it provides no new company guidance, contract award or operational update. Aerospace and defense stock performance comparison
- Neutral Sentiment: Multiple articles discuss Acer gaming laptops, NVIDIA GeForce RTX 50-series graphics cards, RTX 5090 pricing and gaming benchmarks. These stories concern NVIDIA’s products—not RTX Corporation—and therefore should not materially affect RTX shares.
Insider Buying and Selling
In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the transaction, the vice president directly owned 22,349 shares in the company, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction on Friday, July 24th. The stock was sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following 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 position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by insiders.
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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