Corient Private Wealth LP Invests $290.30 Million in RTX Corporation $RTX

Corient Private Wealth LP acquired a new stake in RTX Corporation (NYSE:RTX) during the second quarter, Holdings Channel reports. The institutional investor acquired 1,713,111 shares of the company’s stock, valued at approximately $290,297,000.

A number of other large investors also recently bought and sold shares of the stock. Fortress Financial Group LLC purchased a new stake in shares of RTX during the second quarter worth about $358,000. Navalign LLC purchased a new position in shares of RTX during the 4th quarter worth $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX in the 4th quarter valued at about $26,000. Evergreen Advisors LLC acquired a new position in RTX in the first quarter valued at approximately $31,000. Finally, Core Wealth Advisors LLC acquired a new stake in RTX during the fourth quarter worth $31,000. 86.50% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on RTX shares. Wells Fargo & Company upped 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. TD Cowen boosted their price objective on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a report on Monday, July 27th. Jefferies Financial Group set a $250.00 target price on shares of RTX in a research report on Sunday, July 26th. Robert W. Baird set a $240.00 target price on shares of RTX in a research note on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $238.00 price target on shares of RTX in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

Insider Buying and Selling at RTX

In other RTX news, insider Troy D. Brunk sold 8,557 shares of the business’s 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 in the company, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the completion of the sale, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 29,222 shares of company stock valued at $6,362,003 in the last 90 days. Company insiders own 0.10% of the company’s stock.

RTX Trading Up 0.8%

Shares of NYSE RTX opened at $211.93 on Thursday. 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 stock has a market capitalization of $285.63 billion, a PE ratio of 37.31, a PEG ratio of 2.50 and a beta of 0.29. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88. The stock has a fifty day simple moving average of $205.11 and a 200-day simple moving average of $195.73.

RTX (NYSE:RTX) last posted its 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 firm had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same quarter in the prior year, the company earned $1.56 EPS. RTX’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 forecast that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Dividend Announcement

The firm 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 dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio is presently 51.41%.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense unit, received a $22.9 billion U.S. military contract to accelerate Tomahawk missile production. The award supports multiyear revenue visibility and reflects the need to replenish depleted U.S. and allied stockpiles. Raytheon’s Missile Windfall: What the Navy’s Record Tomahawk Order Means for RTX Corporation
• Positive Sentiment: Recent analyst commentary highlights a 22% backlog increase to approximately $289 billion, strong defense demand and improving free cash flow. RTX’s latest quarterly results also showed revenue growth, earnings that exceeded expectations and particularly strong performance from Raytheon. RTX Stock Will Keep Rewarding Patient Investors
• Positive Sentiment: Collins Aerospace completed altitude testing of its Enhanced Power and Cooling System for the F-35. Successful testing advances a next-generation system that could support future F-35 upgrades and related aerospace revenue. Why Is RTX Testing Progress Important for Its Next Generation Defense Systems?
• Neutral Sentiment: RTX’s Blue Canyon Technologies introduced a new spacecraft mission-enablement product. The announcement reinforces RTX’s broader space and defense capabilities, although the near-term financial impact was not disclosed. RTX’s Blue Canyon Technologies Introduces New Spacecraft Mission Enabler
• Negative Sentiment: One analyst downgraded RTX, citing its premium valuation alongside rising commercial aerospace maintenance costs. The concerns are important because the stock trades at a high earnings multiple, leaving less room for execution setbacks. RTX Corporation: More Missiles and Higher Commercial Maintenance Trigger Premium Price Tag

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.