Plato Investment Management Ltd Takes Position in RTX Corporation $RTX

Plato Investment Management Ltd acquired a new stake in RTX Corporation (NYSE:RTX) in the second quarter, Holdings Channel reports. The firm acquired 11,437 shares of the company’s stock, valued at approximately $2,157,000.

Other large investors have also recently added to or reduced their stakes in the company. World Investment Advisors raised its stake in shares of RTX by 8.7% in the fourth quarter. World Investment Advisors now owns 62,448 shares of the company’s stock valued at $11,453,000 after acquiring an additional 5,020 shares in the last quarter. Milestone Asset Management Group LLC grew its stake in RTX by 34.7% during the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after purchasing an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC acquired a new position in RTX during the 4th quarter worth $2,308,000. Truist Financial Corp increased its holdings in RTX by 2.3% during the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after purchasing an additional 53,045 shares during the period. Finally, Wealth Science Advisors LLC acquired a new stake in RTX in the 4th quarter valued at about $1,439,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon won a $22.9 billion, seven-year Tomahawk missile contract from the U.S. Navy. The agreement is intended to sharply expand annual production from approximately 60 missiles to more than 1,000, creating significant multi-year visibility for RTX’s defense business. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The contract supports the Pentagon’s effort to replenish critical munitions and follows heavy Tomahawk usage in military operations. Investors view the award as evidence of sustained government demand and a potential catalyst for RTX’s defense growth. The US military is paying RTX’s Raytheon more for Tomahawk missiles
• Positive Sentiment: RTX’s latest quarterly results provide additional support: earnings per share reached $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS guidance of $7.10–$7.25 remains broadly consistent with analyst expectations.
• Neutral Sentiment: The contract is strategically significant, but its effect on near-term earnings will depend on production execution, capacity expansion, costs and the timing of deliveries. RTX also trades at a relatively elevated valuation, with a reported P/E near 39.
• Neutral Sentiment: Several other articles concern Nvidia GeForce RTX graphics cards, laptops or unrelated technology promotions rather than RTX Corporation. They do not materially affect the company’s investment outlook. Esports Hotel Thieves Caught Swapping Out RTX 5080 GPUs for RTX 3060s

RTX Stock Down 0.5%

RTX opened at $221.87 on Tuesday. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. 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 has a market capitalization of $299.03 billion, a P/E ratio of 39.06, a price-to-earnings-growth ratio of 2.65 and a beta of 0.29. The business’s 50-day simple moving average is $200.88 and its 200-day simple moving average is $195.01.

RTX (NYSE:RTX) last announced 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. The firm had revenue of $24.71 billion during 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 business’s revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts anticipate that RTX Corporation will post 7.22 EPS for the current year.

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a dividend of $0.73 per share. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. RTX’s dividend payout ratio (DPR) is 51.41%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on RTX shares. Citigroup reiterated a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $238.00 price target on shares of RTX in a research note on Monday, July 27th. Royal Bank Of Canada boosted their target price on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Weiss Ratings lowered RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Finally, Jefferies Financial Group set a $250.00 price target on RTX in a research note on Sunday, July 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and an average target price of $228.59.

Insiders Place Their Bets

In other news, insider Troy D. Brunk sold 8,557 shares of RTX 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 transaction, the insider directly owned 8,809 shares of the company’s stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction on 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 sale, the vice president owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. This represents a 17.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 15,567 shares of company stock worth $3,304,375 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

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.