West Family Investments Inc. Acquires 3,149 Shares of RTX Corporation $RTX

West Family Investments Inc. boosted its stake in shares of RTX Corporation (NYSE:RTX) by 103.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,207 shares of the company’s stock after buying an additional 3,149 shares during the period. West Family Investments Inc.’s holdings in RTX were worth $1,178,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. California State Teachers Retirement System raised its holdings in shares of RTX by 18,899.0% during the second quarter. California State Teachers Retirement System now owns 389,832,160 shares of the company’s stock worth $73,962,856,000 after acquiring an additional 387,780,302 shares during the period. BlackRock Inc. acquired a new position in RTX during the 2nd quarter worth approximately $20,970,571,000. State Street Corp grew its stake in shares of RTX by 0.7% during the 4th quarter. State Street Corp now owns 91,884,588 shares of the company’s stock worth $16,851,633,000 after acquiring an additional 630,558 shares in the last quarter. Morgan Stanley raised its holdings 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 purchasing an additional 105,069 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in RTX by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock worth $3,998,155,000 after purchasing an additional 625,994 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insiders Place Their Bets

In other RTX news, insider Troy D. Brunk sold 8,557 shares of the business’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 sale, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction 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 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 disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 29,222 shares of company stock worth $6,362,003. Corporate insiders own 0.10% of the company’s stock.

RTX Price Performance

NYSE RTX traded down $2.02 during midday trading on Tuesday, hitting $198.77. The company had a trading volume of 3,626,325 shares, compared to its average volume of 5,513,626. The firm has a 50-day moving average price of $208.18 and a 200-day moving average price of $196.09. The company has a market capitalization of $267.89 billion, a PE ratio of 34.99, a P/E/G 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 Corporation has a twelve month low of $150.61 and a twelve month high of $226.88.

RTX (NYSE:RTX) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.23. The firm had revenue of $24.71 billion during 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 company’s revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Friday, August 14th were paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, August 14th. RTX’s dividend payout ratio is 51.41%.

Key Stories 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

Several brokerages have issued reports on RTX. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $238.00 price target on shares of RTX in a research note on Monday, July 27th. Royal Bank Of Canada raised their price objective on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Citigroup reiterated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Argus set a $245.00 price target on RTX in a research report on Thursday, July 30th. Finally, Morgan Stanley restated an “overweight” rating and issued a $240.00 price target on shares of RTX in a research note on Friday, July 24th. One investment 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.