Perigon Wealth Management LLC Invests $13.36 Million in RTX Corporation $RTX

Perigon Wealth Management LLC bought a new stake in shares of RTX Corporation (NYSE:RTX) in the second quarter, Holdings Channel.com reports. The institutional investor bought 70,395 shares of the company’s stock, valued at approximately $13,356,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Navalign LLC purchased a new stake in shares of RTX during the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX during the 4th quarter valued at about $26,000. Evergreen Advisors LLC acquired a new position in shares of RTX during the first quarter valued at about $31,000. Core Wealth Advisors LLC purchased a new position in shares of RTX in the 4th quarter valued at approximately $31,000. Finally, 1 North Wealth Services LLC raised its position in shares of RTX by 456.7% in the 4th 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 owned by hedge funds and other institutional investors.

RTX Price Performance

Shares of RTX opened at $221.87 on Tuesday. The business’s 50-day moving average is $200.88 and its two-hundred day moving average is $195.01. The company has a market capitalization of $299.03 billion, a P/E ratio of 39.06, a P/E/G ratio of 2.65 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. RTX Corporation has a fifty-two week low of $150.61 and a fifty-two week high of $226.88.

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

RTX Announces Dividend

The company also recently announced 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. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s payout ratio is currently 51.41%.

Analysts Set New Price Targets

Several analysts have weighed in on RTX shares. Citigroup reissued a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Argus set a $245.00 price target on RTX in a research report on Thursday, July 30th. Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 target price on shares of RTX in a report on Friday, July 24th. Finally, Royal Bank Of Canada upped their target price on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $228.59.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon won a $22.9 billion, seven-year Tomahawk missile contract from the U.S. Navy. The agreement is intended to sharply expand annual production from approximately 60 missiles to more than 1,000, creating significant multi-year visibility for RTX’s defense business. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The contract supports the Pentagon’s effort to replenish critical munitions and follows heavy Tomahawk usage in military operations. Investors view the award as evidence of sustained government demand and a potential catalyst for RTX’s defense growth. The US military is paying RTX’s Raytheon more for Tomahawk missiles
• Positive Sentiment: RTX’s latest quarterly results provide additional support: earnings per share reached $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS guidance of $7.10–$7.25 remains broadly consistent with analyst expectations.
• Neutral Sentiment: The contract is strategically significant, but its effect on near-term earnings will depend on production execution, capacity expansion, costs and the timing of deliveries. RTX also trades at a relatively elevated valuation, with a reported P/E near 39.
• Neutral Sentiment: Several other articles concern Nvidia GeForce RTX graphics cards, laptops or unrelated technology promotions rather than RTX Corporation. They do not materially affect the company’s investment outlook. Esports Hotel Thieves Caught Swapping Out RTX 5080 GPUs for RTX 3060s

Insider Buying and Selling at RTX

In other RTX news, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction on Friday, July 24th. The shares were sold at an average price of $210.29, for a total value of $1,799,451.53. Following the completion of the transaction, the insider owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the company’s stock in a transaction dated Friday, July 24th. The stock was 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 owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 15,567 shares of company stock valued at $3,304,375. Company insiders own 0.10% of the company’s stock.

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.