Frontier Asset Management LLC Invests $1.71 Million in RTX Corporation $RTX

Frontier Asset Management LLC bought a new stake in RTX Corporation (NYSE:RTX) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 8,987 shares of the company’s stock, valued at approximately $1,705,000. RTX comprises 0.3% of Frontier Asset Management LLC’s investment portfolio, making the stock its 22nd biggest position.

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

Key RTX News

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

Insider Buying and Selling at RTX

In other news, VP Kevin G. Dasilva sold 2,250 shares of the business’s 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 completion of the transaction, the vice president owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the company’s stock in a transaction 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 of the company’s stock, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 15,567 shares of company stock valued at $3,304,375 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

RTX Price Performance

RTX stock opened at $222.88 on Friday. 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 Corporation has a 12 month low of $150.61 and a 12 month high of $226.88. The firm has a market cap of $300.38 billion, a P/E ratio of 39.24, a P/E/G ratio of 2.65 and a beta of 0.29. The company’s 50-day moving average price is $200.02 and its two-hundred day moving average price is $194.86.

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

RTX Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of $0.73 per share. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.3%. RTX’s dividend payout ratio is presently 51.41%.

Analysts Set New Price Targets

A number of research firms have issued reports on RTX. Weiss Ratings downgraded shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. Royal Bank Of Canada raised their target price on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Robert W. Baird set a $240.00 price target on shares of RTX in a research report on Friday, July 24th. Argus set a $245.00 price target on RTX in a research note on Thursday, July 30th. Finally, Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $228.59.

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.