Portfolio Design Labs LLC Buys Shares of 30,917 RTX Corporation $RTX

Portfolio Design Labs LLC purchased a new position in shares of RTX Corporation (NYSE:RTX) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 30,917 shares of the company’s stock, valued at approximately $5,866,000. RTX makes up 1.0% of Portfolio Design Labs LLC’s investment portfolio, making the stock its 22nd largest position.

Several other institutional investors have also made changes to their positions in the company. BlackRock Inc. bought a new position in RTX during the second quarter valued at approximately $20,970,571,000. Norges Bank bought a new stake in RTX in the fourth quarter worth approximately $3,167,626,000. Auto Owners Insurance Co grew its position in RTX by 24,730.9% in the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after acquiring an additional 10,062,269 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of RTX during the 2nd quarter worth $1,456,256,000. Finally, Deutsche Bank AG bought a new position in shares of RTX during the 2nd quarter valued at $725,900,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Stock Down 3.5%

Shares of RTX stock opened at $212.62 on Friday. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The firm has a market cap of $286.56 billion, a PE ratio of 37.43, a price-to-earnings-growth ratio of 2.62 and a beta of 0.29. The stock has a 50 day moving average of $203.20 and a 200-day moving average of $195.42.

RTX (NYSE:RTX) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same period last year, the company earned $1.56 EPS. The firm’s revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities analysts predict that RTX Corporation will post 7.22 EPS for the current year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio (DPR) is 51.41%.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy contract for Tomahawk cruise missiles. The agreement is expected to support production of more than 1,000 missiles annually, strengthening RTX’s defense backlog, revenue visibility and long-term cash-flow prospects. Investors May Respond to RTX Winning a $22.9 Billion Tomahawk Deal
• Positive Sentiment: The contract complements RTX’s stronger-than-expected second-quarter results. Adjusted EPS was $1.89 versus the $1.66 consensus, revenue reached $24.71 billion—up 14.5% year over year—and management raised or reaffirmed fiscal 2026 EPS guidance at $7.10–$7.25 while continuing dividend growth. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
• Neutral Sentiment: Industry research projects growth in commercial aircraft inflight entertainment and connectivity, including Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed as a participant, but the report does not identify a new contract or quantify a near-term financial benefit. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
• Neutral Sentiment: Articles concerning GeForce RTX graphics cards, path-traced GTA 4 and comparisons with the PlayStation 5 relate to NVIDIA’s gaming hardware, not RTX Corporation, and have no meaningful effect on NYSE: RTX.
• Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by 50.88%. The sale may weigh on sentiment, although it does not by itself indicate weakening fundamentals. RTX EVP Sells 13,655 Shares
• Negative Sentiment: RTX trades near its 52-week high at a relatively rich valuation—about 37 times earnings based on the supplied market data. After the defense-contract and earnings rally, elevated expectations leave the stock vulnerable to profit-taking, even though analysts retain a broadly positive consensus.

Analyst Ratings Changes

RTX has been the subject of several analyst reports. Citigroup reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Robert W. Baird set a $240.00 target price on RTX in a report on Friday, July 24th. Weiss Ratings cut RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. TD Cowen upped their price target on RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Finally, Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $228.59.

Insiders Place Their Bets

In other RTX news, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the insider owned 8,809 shares of the company’s stock, valued at $1,852,444.61. This represents a 49.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Kevin G. Dasilva sold 2,250 shares of the stock in a transaction 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 transaction, the vice president owned 20,099 shares of the company’s stock, valued at $4,360,076.07. The trade was a 10.07% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 29,222 shares of company stock worth $6,362,003. Company insiders own 0.10% of the company’s stock.

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.