Pine Valley Investments Ltd Liability Co Boosts Stake in RTX Corporation $RTX

Pine Valley Investments Ltd Liability Co raised its position in RTX Corporation (NYSE:RTX) by 63.2% during the first quarter, HoldingsChannel.com reports. The firm owned 33,877 shares of the company’s stock after buying an additional 13,118 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in RTX were worth $6,535,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of RTX. Navalign LLC acquired a new stake in RTX during the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX during the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC purchased a new stake in RTX during the fourth quarter worth approximately $31,000. 1 North Wealth Services LLC increased its position in shares of RTX by 456.7% in 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 shares of RTX in the first quarter worth $31,000. 86.50% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on RTX. Robert W. Baird set a $240.00 target price on shares of RTX in a report on Friday, July 24th. Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Royal Bank Of Canada boosted their price objective on RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. TD Cowen upped their target price on RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Finally, Argus set a $245.00 target price on RTX in a research note on Thursday. One equities 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 given a Sell rating to the stock. According to data from MarketBeat, RTX presently has a consensus rating of “Moderate Buy” and a consensus target price of $226.94.

RTX Stock Performance

RTX stock opened at $215.58 on Monday. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $221.34. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The company has a market capitalization of $290.55 billion, a price-to-earnings ratio of 37.95, a price-to-earnings-growth ratio of 2.56 and a beta of 0.30. The firm’s fifty day moving average price is $191.15 and its 200 day moving average price is $193.18.

RTX (NYSE:RTX) last posted its quarterly earnings data 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 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 firm’s revenue for the quarter 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. On average, research analysts forecast that RTX Corporation will post 7.21 EPS for the current fiscal year.

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a $0.73 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. RTX’s dividend payout ratio is currently 51.41%.

Insider Buying and Selling

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the sale, the vice president owned 20,099 shares in the company, valued at $4,360,076.07. This trade represents a 10.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction that occurred on 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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 15,567 shares of company stock valued at $3,304,375. 0.10% of the stock is owned by insiders.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Pratt & Whitney, RTX’s engine business, received a nearly $1.3 billion undefinitized contract for F135 engine spare parts. The award supports sustainment of engines powering all three F-35 Lightning II variants, strengthening RTX’s defense backlog and long-term revenue visibility. RTX’s Pratt & Whitney awarded $1.3 billion F135 sustainment contract
• Positive Sentiment: Investor sentiment remains supported by RTX’s latest earnings beat: quarterly revenue rose 14.5% year over year to $24.71 billion, while EPS of $1.89 exceeded consensus by $0.23. Management also raised its full-year 2026 outlook, with guidance of $7.10-$7.25 in EPS, citing a record $289 billion backlog across commercial aftermarket and defense programs. How RTX’s Q2 Beat, Raised Outlook and Record Backlog Will Impact RTX Investors
• Positive Sentiment: Analyst support has improved after the earnings report, with Morgan Stanley raising its RTX price target. RTX is also being highlighted among industrial stocks positioned to benefit from resilient manufacturing, defense demand and infrastructure investment. Morgan Stanley raises RTX stock price target after earnings
• Neutral Sentiment: A comparison of RTX with Redwire frames RTX as the more established company, benefiting from scale, execution and a substantial backlog, while Redwire offers potentially faster sales and earnings growth. The analysis underscores RTX’s steadier profile but also suggests investors should weigh its higher valuation against its growth prospects. RTX vs. Redwire: Which Aerospace & Defense Stock Offers More Upside?
• Negative Sentiment: Reports of insider selling briefly pressured RTX shares, highlighting profit-taking risk after a strong rally toward the stock’s 12-month high. RTX’s valuation—about 38 times earnings—also leaves the stock more sensitive to any disappointment in execution or guidance. RTX shares down following insider selling

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.