HighTower Advisors LLC Has $316.22 Million Stock Position in RTX Corporation $RTX

HighTower Advisors LLC reduced its stake in RTX Corporation (NYSE:RTX) by 6.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,666,680 shares of the company’s stock after selling 110,754 shares during the quarter. HighTower Advisors LLC’s holdings in RTX were worth $316,219,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. California State Teachers Retirement System lifted its position in RTX by 18,899.0% during the 2nd quarter. California State Teachers Retirement System now owns 389,832,160 shares of the company’s stock worth $73,962,856,000 after buying an additional 387,780,302 shares in the last quarter. BlackRock Inc. bought a new position in shares of RTX in the 2nd quarter valued at about $20,970,571,000. State Street Corp grew its holdings in shares of RTX by 0.7% in the 4th quarter. State Street Corp now owns 91,884,588 shares of the company’s stock valued at $16,851,633,000 after acquiring an additional 630,558 shares in the last quarter. Morgan Stanley increased its position in shares of RTX by 0.4% in the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock valued at $5,462,310,000 after acquiring an additional 105,069 shares during the last quarter. Finally, Fisher Asset Management LLC increased its position in shares of RTX by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock valued at $3,998,155,000 after acquiring an additional 625,994 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Pratt & Whitney is expanding production capacity. The RTX business is investing $25 million to expand its precision-parts facility in Niepo?omice, Poland. The project is expected to be operational in 2028, add more than 120 jobs, and support rising demand for commercial and military engines. RTX Pratt & Whitney Poland expansion
• Positive Sentiment: Defense demand remains a key tailwind. Naval modernization contracts and RTX’s substantial backlog are viewed as supporting longer-term revenue visibility, potentially offering investors an attractive entry point following the sector’s pullback. Defense stocks and Navy tailwinds
• Neutral Sentiment: Valuation signals are mixed. A recent analysis found RTX potentially undervalued based on discounted cash flow, while earnings multiples suggest the stock is closer to fair value after a 169.7% five-year advance. That may limit near-term upside unless earnings growth accelerates. RTX valuation analysis
• Positive Sentiment: Analyst sentiment remains favorable. Wall Street commentary continues to highlight optimistic recommendations for RTX, supporting the view that the recent weakness may be a consolidation rather than a change in the long-term outlook. Wall Street outlook for RTX

Wall Street Analyst Weigh In

Several brokerages recently commented on RTX. Jefferies Financial Group set a $250.00 price target on RTX in a research report on Sunday, July 26th. 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. Argus set a $245.00 price objective on RTX in a report on Thursday, July 30th. Citigroup restated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 price target on shares of RTX in a research report on Friday, July 24th. One 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 issued a Sell rating to the stock. According to MarketBeat, RTX currently has an average rating of “Moderate Buy” and a consensus price target of $228.59.

Insider Activity

In related news, insider Troy Brunk sold 8,557 shares of the business’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $210.29, for a total value of $1,799,451.53. Following the completion of the transaction, the insider owned 8,809 shares of the company’s stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Kevin G. Dasilva sold 2,250 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the sale, the vice president owned 20,099 shares in the company, valued at $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is currently owned by company insiders.

RTX Stock Down 0.0%

RTX opened at $200.75 on Monday. The stock’s fifty day simple moving average is $207.91 and its 200 day simple moving average is $196.10. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $226.88. The stock has a market cap of $270.56 billion, a PE ratio of 35.34, a price-to-earnings-growth ratio of 2.59 and a beta of 0.29. 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 released its quarterly earnings results 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. The firm had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business’s revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, research analysts expect that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th were issued a $0.73 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.5%. RTX’s payout ratio is currently 51.41%.

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.