N.E.W. Advisory Services LLC Makes New $1.06 Million Investment in RTX Corporation $RTX
by Michael Walen · The Markets DailyN.E.W. Advisory Services LLC purchased a new stake in shares of RTX Corporation (NYSE:RTX – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,590 shares of the company’s stock, valued at approximately $1,061,000.
Several other large investors have also bought and sold shares of RTX. Navalign LLC acquired a new position in shares of RTX in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX in the fourth quarter valued at about $26,000. Core Wealth Advisors LLC bought a new position in RTX during the fourth quarter worth about $31,000. 1 North Wealth Services LLC grew its position in shares of RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after buying an additional 137 shares during the period. Finally, Evergreen Advisors LLC bought a new stake in shares of RTX in the 1st quarter valued at about $31,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.
RTX Price Performance
Shares of RTX opened at $222.88 on Monday. The company’s fifty day simple moving average is $200.02 and its 200 day simple moving average is $194.87. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The company has a market cap of $300.38 billion, a price-to-earnings ratio of 39.24, a PEG ratio of 2.65 and a beta of 0.29. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $226.88.
RTX (NYSE:RTX – Get Free Report) 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. On average, research analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.
RTX Announces Dividend
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 paid a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. RTX’s dividend payout ratio is 51.41%.
Insider Buying and Selling
In related news, VP Kevin G. Dasilva sold 4,760 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the transaction, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. This represents a 17.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction that occurred 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 $1,852,444.61. This represents a 49.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 15,567 shares of company stock worth $3,304,375. Company insiders own 0.10% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently weighed in on RTX. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Weiss Ratings cut shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Sanford C. Bernstein boosted their target price on RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a research note on Monday, August 3rd. Royal Bank Of Canada boosted their price objective on shares of RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Finally, Argus set a $245.00 price target on RTX in a research report on Thursday, July 30th. One 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 assigned a Sell rating to the company. Based on data from MarketBeat, RTX has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.
Check Out Our Latest Stock Report on RTX
RTX News Roundup
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
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.
Further Reading
- Five stocks we like better than RTX
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTX – Free Report).