Uniting Wealth Partners LLC Makes New Investment in RTX Corporation $RTX

Uniting Wealth Partners LLC purchased a new stake in shares of RTX Corporation (NYSE:RTX) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,460 shares of the company’s stock, valued at approximately $656,000.

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

Analyst Ratings Changes

RTX has been the subject of a number of research reports. TD Cowen increased their price target on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a report on Monday, July 27th. Wells Fargo & Company boosted their price objective on shares of RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $238.00 price objective on shares of RTX in a research report on Monday, July 27th. Robert W. Baird set a $240.00 target price on RTX in a research report on Friday, July 24th. Finally, Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. One 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $228.59.

Insiders Place Their Bets

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the sale, the vice president directly owned 20,099 shares in the company, valued at $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction 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 of the company’s stock, 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. Insiders sold 15,567 shares of company stock worth $3,304,375 over the last quarter. Company insiders own 0.10% of the company’s stock.

RTX Stock Down 0.0%

RTX opened at $222.88 on Monday. RTX Corporation has a fifty-two week low of $150.61 and a fifty-two week high of $226.88. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The firm’s fifty day moving average price is $200.02 and its two-hundred day moving average price is $194.87. The company has a market capitalization of $300.38 billion, a P/E ratio of 39.24, a P/E/G ratio of 2.65 and a beta of 0.29.

RTX (NYSE:RTX) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same quarter in the prior year, the business posted $1.56 earnings per share. The company’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. On average, analysts anticipate that RTX Corporation will post 7.22 EPS for the current year.

RTX Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.3%. RTX’s payout ratio is currently 51.41%.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

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.