Smith Partners Wealth Management LLC Purchases Shares of 2,430 RTX Corporation $RTX

Smith Partners Wealth Management LLC purchased a new position in RTX Corporation (NYSE:RTX) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 2,430 shares of the company’s stock, valued at approximately $461,000. RTX comprises approximately 0.4% of Smith Partners Wealth Management LLC’s holdings, making the stock its 28th largest holding.

Several other hedge funds have also recently modified their holdings of the stock. Navalign LLC purchased a new position in shares of RTX in the 4th quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC purchased a new stake in RTX during the 4th quarter worth approximately $26,000. Core Wealth Advisors LLC acquired a new position in RTX during the 4th quarter valued at approximately $31,000. 1 North Wealth Services LLC raised 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 worth $31,000 after buying an additional 137 shares during the last quarter. Finally, Evergreen Advisors LLC acquired a new stake in shares of RTX during the first quarter worth $31,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insider Buying and Selling

In other news, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $210.29, for a total value of $1,799,451.53. Following the transaction, the insider owned 8,809 shares in the company, valued at $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The transaction 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 RTX 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 directly owned 22,349 shares in the company, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 15,567 shares of company stock valued at $3,304,375 in the last three months. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on RTX shares. Susquehanna raised 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. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $238.00 price target on shares of RTX in a research note on Monday, July 27th. Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Sanford C. Bernstein lifted their target price on RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a report on Monday, August 3rd. Finally, TD Cowen upped their target price on RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $228.59.

RTX Trading Up 1.8%

Shares of NYSE:RTX opened at $225.73 on Wednesday. The business’s 50 day moving average price is $201.77 and its 200-day moving average price is $195.20. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88. The firm has a market capitalization of $304.22 billion, a price-to-earnings ratio of 39.74, a price-to-earnings-growth ratio of 2.65 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78.

RTX (NYSE:RTX) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.66 by $0.23. The company had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm’s revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities research analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders 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 1.3%. The ex-dividend date is Friday, August 14th. RTX’s payout ratio is 51.41%.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon division won a roughly $22.9 billion, seven-year U.S. Navy contract to accelerate Tomahawk cruise-missile production. Annual output is expected to rise from approximately 60 missiles to more than 1,000, creating significant long-term revenue visibility and improving factory utilization. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The award reinforces broader U.S. efforts to replenish precision-munitions inventories and follows a recent $745 million missile-defense interceptor order, strengthening expectations for sustained defense demand. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: RTX’s latest quarterly performance also exceeded expectations: adjusted EPS was $1.89 versus a $1.66 consensus, while revenue grew 14.5% year over year to $24.71 billion. Management raised 2026 adjusted EPS guidance to $7.10–$7.25 and projected revenue of $95–$96 billion. Commercial aviation aftermarket demand provides an additional growth driver. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Analysts remain generally constructive, with a Moderate Buy consensus and an average price target near $228.59, but the shares are already close to their 52-week high and have outperformed substantially over the past year.
• Negative Sentiment: Valuation is the principal concern. RTX trades at approximately 40 times trailing earnings and about 31 times forward earnings, while its six-month return has lagged the S&P 500. Investors must also monitor execution, supplier constraints and liquidity as the company ramps missile production; its quick ratio is 0.78.

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.