Empirical Asset Management LLC Buys Shares of 2,725 RTX Corporation $RTX

Empirical Asset Management LLC bought a new position in shares of RTX Corporation (NYSE:RTX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 2,725 shares of the company’s stock, valued at approximately $517,000.

Other hedge funds also recently added to or reduced their stakes in the company. Navalign LLC acquired a new stake in shares of RTX in the fourth quarter valued at $25,000. Commonwealth Retirement Investments LLC purchased a new position in RTX in the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC purchased a new position in RTX in the fourth quarter worth approximately $31,000. 1 North Wealth Services LLC grew its holdings in 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 acquiring an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC acquired a new position in RTX during the 1st quarter worth approximately $31,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Stock Up 1.8%

RTX stock opened at $225.73 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88. The company’s 50 day moving average is $201.77 and its two-hundred day moving average is $195.20. The stock has a market cap of $304.22 billion, a P/E ratio of 39.74, a PEG ratio of 2.65 and a beta of 0.29.

RTX (NYSE:RTX) last issued its earnings results 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 net margin of 8.28% and a return on equity of 13.99%. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Research analysts expect that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

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

Analyst Upgrades and Downgrades

RTX has been the topic of a number of analyst reports. Jefferies Financial Group set a $250.00 price objective on shares of RTX in a report on Sunday, July 26th. Argus set a $245.00 target price on shares of RTX in a research note on Thursday, July 30th. Morgan Stanley reissued an “overweight” rating and issued a $240.00 target price on shares of RTX in a report on Friday, July 24th. Wells Fargo & Company raised their price target on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Finally, Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One investment 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average target price of $228.59.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon division won a roughly $22.9 billion, seven-year U.S. Navy contract to accelerate Tomahawk cruise-missile production. Annual output is expected to rise from approximately 60 missiles to more than 1,000, creating significant long-term revenue visibility and improving factory utilization. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The award reinforces broader U.S. efforts to replenish precision-munitions inventories and follows a recent $745 million missile-defense interceptor order, strengthening expectations for sustained defense demand. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: RTX’s latest quarterly performance also exceeded expectations: adjusted EPS was $1.89 versus a $1.66 consensus, while revenue grew 14.5% year over year to $24.71 billion. Management raised 2026 adjusted EPS guidance to $7.10–$7.25 and projected revenue of $95–$96 billion. Commercial aviation aftermarket demand provides an additional growth driver. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Analysts remain generally constructive, with a Moderate Buy consensus and an average price target near $228.59, but the shares are already close to their 52-week high and have outperformed substantially over the past year.
• Negative Sentiment: Valuation is the principal concern. RTX trades at approximately 40 times trailing earnings and about 31 times forward earnings, while its six-month return has lagged the S&P 500. Investors must also monitor execution, supplier constraints and liquidity as the company ramps missile production; its quick ratio is 0.78.

Insider Buying and Selling at RTX

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of the firm’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 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of RTX 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 owned 8,809 shares in the company, valued at $1,852,444.61. This trade represents a 49.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,567 shares of company stock valued at $3,304,375 in the last 90 days. 0.10% of the stock is currently owned by insiders.

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.