Gibbs Wealth Management Grows Stock Position in RTX Corporation $RTX

Gibbs Wealth Management increased its stake in shares of RTX Corporation (NYSE:RTX) by 19.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 17,031 shares of the company’s stock after purchasing an additional 2,776 shares during the period. Gibbs Wealth Management’s holdings in RTX were worth $3,285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of RTX by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after acquiring an additional 2,210,950 shares during the period. State Street Corp raised its holdings in RTX by 0.7% during the fourth quarter. State Street Corp now owns 91,884,588 shares of the company’s stock worth $16,851,633,000 after purchasing an additional 630,558 shares in the last quarter. Morgan Stanley lifted its position in RTX by 0.4% in the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock valued at $5,462,310,000 after purchasing an additional 105,069 shares during the period. Fisher Asset Management LLC boosted its holdings in RTX by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock valued at $3,998,155,000 after purchasing an additional 625,994 shares in the last quarter. Finally, Norges Bank purchased a new stake in RTX in the 4th quarter valued at approximately $3,167,626,000. 86.50% of the stock is owned by institutional investors and hedge funds.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX beat Q2 expectations with adjusted EPS of $1.89 on revenue of $24.71 billion, driven by 14% sales growth and stronger commercial aftermarket and defense demand. RTX Reports Q2 2026 Results
• Positive Sentiment: The company lifted 2026 guidance to $95 billion-$96 billion in sales and $7.10-$7.25 in adjusted EPS, suggesting management sees continued momentum ahead. RTX Again Raises Full-Year Forecast on Robust Demand, Higher Backlog
• Positive Sentiment: Backlog hit a record $289 billion, highlighting multiyear demand visibility, especially in defense programs and missile orders. Missile Orders Give RTX, Lockheed Stock a Boost
• Positive Sentiment: Pratt & Whitney’s operational issues appear to be improving, while strong GTF engine orders and commitments support future aerospace growth. RTX’s Pratt & Whitney GTF engines surpass 800 orders and commitments in 2026, year to date
• Neutral Sentiment: Some commentary notes RTX has strong tailwinds, but also limited room for execution missteps given already-high expectations. RTX: Lots Of Tailwinds, But Little Margin For Error

Analyst Ratings Changes

A number of equities analysts have recently issued reports on RTX shares. Morgan Stanley cut their target price on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Wells Fargo & Company began coverage on shares of RTX in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.38.

RTX Trading Up 7.2%

NYSE:RTX opened at $208.97 on Friday. RTX Corporation has a 52-week low of $150.61 and a 52-week high of $214.50. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The stock has a fifty day simple moving average of $186.24 and a 200-day simple moving average of $192.04. The company has a market capitalization of $281.42 billion, a PE ratio of 39.21, a price-to-earnings-growth ratio of 2.67 and a beta of 0.30.

RTX (NYSE:RTX) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. During the same period in the prior year, the company earned $1.56 EPS. The firm’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 research analysts expect that RTX Corporation will post 6.92 earnings per share for the current fiscal year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. RTX’s dividend payout ratio is currently 54.78%.

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.