William John Sempolinski bought a new stake in shares of RTX Corporation (NYSE:RTX – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 7,790 shares of the company’s stock, valued at approximately $1,478,000.
A number of other institutional investors also recently made changes to their positions in the stock. Montz Harcus Wealth Management LLC boosted its holdings in shares of RTX by 3.2% in the second quarter. Montz Harcus Wealth Management LLC now owns 1,641 shares of the company’s stock valued at $311,000 after acquiring an additional 51 shares in the last quarter. Schulhoff & Co. Inc. raised its holdings in RTX by 1.7% during the fourth quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock worth $585,000 after purchasing an additional 52 shares in the last quarter. Sunbeam Capital Management LLC lifted its position in RTX by 1.6% in the fourth quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock worth $620,000 after purchasing an additional 53 shares during the period. Safeguard Investment Advisory Group LLC lifted its position in RTX by 2.4% in the second quarter. Safeguard Investment Advisory Group LLC now owns 2,269 shares of the company’s stock worth $430,000 after purchasing an additional 53 shares during the period. Finally, Sequent Planning LLC boosted its stake in RTX by 1.6% during the 4th quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock valued at $617,000 after purchasing an additional 54 shares in the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.
RTX News Roundup
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Pratt & Whitney is expanding production capacity. The RTX business is investing $25 million to expand its precision-parts facility in Niepołomice, Poland. The project is expected to be operational in 2028, add more than 120 jobs, and support rising demand for commercial and military engines. RTX Pratt & Whitney Poland expansion
- Positive Sentiment: Defense demand remains a key tailwind. Naval modernization contracts and RTX’s substantial backlog are viewed as supporting longer-term revenue visibility, potentially offering investors an attractive entry point following the sector’s pullback. Defense stocks and Navy tailwinds
- Neutral Sentiment: Valuation signals are mixed. A recent analysis found RTX potentially undervalued based on discounted cash flow, while earnings multiples suggest the stock is closer to fair value after a 169.7% five-year advance. That may limit near-term upside unless earnings growth accelerates. RTX valuation analysis
- Positive Sentiment: Analyst sentiment remains favorable. Wall Street commentary continues to highlight optimistic recommendations for RTX, supporting the view that the recent weakness may be a consolidation rather than a change in the long-term outlook. Wall Street outlook for RTX
Insider Buying and Selling
RTX Price Performance
Shares of NYSE:RTX opened at $200.75 on Friday. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. The stock has a fifty day moving average of $207.91 and a 200-day moving average of $196.13. The company has a market capitalization of $270.56 billion, a PE ratio of 35.34, a price-to-earnings-growth ratio of 2.60 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 (NYSE:RTX – Get Free Report) last issued its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion for 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 quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities analysts anticipate that RTX Corporation will post 7.22 EPS for the current fiscal year.
RTX Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Friday, August 14th were given a $0.73 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.5%. RTX’s dividend payout ratio (DPR) is 51.41%.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the company. Royal Bank Of Canada lifted their price target on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Argus set a $245.00 target price on RTX in a research note on Thursday, July 30th. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. UBS Group upped their price target on shares of RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Finally, Weiss Ratings upgraded shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 25th. One equities 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 issued a Sell rating to the company’s stock. According to MarketBeat, RTX has a consensus rating of “Moderate Buy” and an average target price 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.
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