Bryn Mawr Trust Advisors LLC Acquires Shares of 122,831 RTX Corporation $RTX

Bryn Mawr Trust Advisors LLC bought a new position in shares of RTX Corporation (NYSE:RTX) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 122,831 shares of the company’s stock, valued at approximately $23,305,000. RTX comprises approximately 1.0% of Bryn Mawr Trust Advisors LLC’s investment portfolio, making the stock its 18th biggest position.

Other hedge funds have also modified their holdings of the company. Navalign LLC acquired a new stake in RTX in the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of RTX during the 4th quarter worth approximately $26,000. Evergreen Advisors LLC purchased a new stake in shares of RTX in the first quarter valued at approximately $31,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the fourth quarter valued at approximately $31,000. Finally, 1 North Wealth Services LLC increased its holdings 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 valued at $31,000 after purchasing an additional 137 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Stock Up 1.1%

NYSE:RTX opened at $222.88 on Friday. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88. The stock’s fifty day moving average is $200.02 and its two-hundred day moving average is $194.86. The stock has a market capitalization of $300.38 billion, a price-to-earnings ratio of 39.24, a price-to-earnings-growth ratio of 2.62 and a beta of 0.29. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47.

RTX (NYSE:RTX) last released its 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 company had revenue of $24.71 billion during 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% compared to the same quarter last year. During the same period in the previous year, the company posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Research analysts anticipate that RTX Corporation will post 7.22 EPS for the current year.

RTX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio (DPR) is presently 51.41%.

Wall Street Analyst Weigh In

RTX has been the topic of a number of recent research reports. Robert W. Baird set a $240.00 price objective on RTX in a research note on Friday, July 24th. UBS Group raised their target price on RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. TD Cowen boosted their price target on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Susquehanna upped their price objective on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a report on Friday, July 24th. Finally, Royal Bank Of Canada raised their price objective on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research report 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $228.59.

Insiders Place Their Bets

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the sale, the vice president directly owned 20,099 shares in the company, valued at $4,360,076.07. This trade represents a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the firm’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 sale, the insider directly owned 8,809 shares in the company, valued at $1,852,444.61. This trade represents a 49.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 15,567 shares of company stock worth $3,304,375 over the last 90 days. Company insiders own 0.10% of the company’s stock.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

RTX Company 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.