RTX Corporation $RTX Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its stake in shares of RTX Corporation (NYSE:RTX) by 0.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,368,501 shares of the company’s stock after selling 13,105 shares during the quarter. Envestnet Asset Management Inc.’s holdings in RTX were worth $639,104,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new position in RTX in the 4th quarter valued at $26,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the 4th quarter worth $31,000. 1 North Wealth Services LLC boosted its holdings in shares of RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after acquiring an additional 137 shares in the last quarter. Evergreen Advisors LLC purchased a new stake in shares of RTX in the first quarter valued at about $31,000. Finally, Signature Resources Capital Management LLC increased its stake in shares of RTX by 111.5% during the first quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock worth $36,000 after acquiring an additional 97 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX formed an alliance with Xcimer Energy to explore pulsed-laser and fusion technologies for potential future directed-energy defense systems. The opportunity is long term and speculative, but it reinforces RTX’s positioning in advanced defense technology. RTX also named Jill Albertelli as the incoming president of Pratt & Whitney, providing a planned leadership transition at a key business. What Could RTX Fusion Laser Push And Pratt Leadership Change Mean?
• Positive Sentiment: A defense analysis warning that the U.S. is running low on critical weapons highlights potential replenishment demand for contractors such as RTX. This could support the company’s defense backlog, though actual revenue benefits depend on future government awards and production capacity. US Running Low on the 2 Weapons It Would Need Most
• Neutral Sentiment: Sanford C. Bernstein lowered its RTX price target to $223 from $232 while maintaining a “market perform” rating. The reduced target is a modest negative signal, but it still implies substantial potential upside from the reference price and does not represent a bearish rating change.
• Neutral Sentiment: Zacks articles have increased investor attention around RTX and cite its growth characteristics and recent earnings strength. However, these are largely educational or screening-focused pieces rather than new fundamental catalysts. RTX’s latest reported quarter exceeded earnings and revenue expectations, with revenue up 14.5% year over year.
• Negative Sentiment: A report that Iran may reopen the Strait of Hormuz triggered a broader decline in aerospace and defense shares, including RTX, as investors reassessed geopolitical risk and near-term defense demand. The pressure appears sector-wide rather than tied to a new RTX-specific operational problem. Defense Stocks Fall While Oil Slides on Hormuz Reopening Report

Analysts Set New Price Targets

Several research analysts recently issued reports on RTX shares. Argus set a $245.00 price target on shares of RTX in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $238.00 target price on shares of RTX in a research report on Monday, July 27th. Susquehanna increased their target price on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research note 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 report on Friday, July 24th. Finally, Weiss Ratings upgraded RTX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 25th. One 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $228.06.

Insiders Place Their Bets

In other news, VP Kevin G. Dasilva sold 2,250 shares of RTX 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 $4,360,076.07. The trade was a 10.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the completion of the sale, the insider owned 8,809 shares in the company, valued at $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is owned by corporate insiders.

RTX Price Performance

RTX stock traded up $1.25 during trading on Wednesday, reaching $192.24. 4,219,845 shares of the company were exchanged, compared to its average volume of 5,437,536. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The stock’s 50 day moving average price is $208.07 and its 200 day moving average price is $195.48. RTX Corporation has a 52-week low of $155.64 and a 52-week high of $226.88. The company has a market cap of $259.09 billion, a P/E ratio of 33.84, a PEG ratio of 2.50 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 analysts’ consensus estimates 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 last year, the company posted $1.56 earnings per share. The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, analysts predict that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th were given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Friday, August 14th. RTX’s payout ratio is presently 51.41%.

About RTX

RTX Corporation (NYSE:RTX) is an aerospace and defense company that develops and manufactures systems, products and services for commercial aviation, business aviation and government customers. Its offerings include aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, radar, air and missile defense systems, precision weapons and cybersecurity solutions.

The company operates through three principal businesses: Collins Aerospace, which provides aerospace systems and components; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance services; and Raytheon, which develops integrated defense systems, sensors, missiles and other mission technologies.