2,725 Shares in RTX Corporation $RTX Bought by Empirical Asset Management LLC

Empirical Asset Management LLC acquired a new position in shares of RTX Corporation (NYSE:RTX) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 2,725 shares of the company’s stock, valued at approximately $517,000.

A number of other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC grew its holdings in shares of RTX by 24.3% during the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after buying an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after acquiring an additional 159 shares during the last quarter. United Bank lifted its position in RTX by 68.0% during the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after acquiring an additional 4,131 shares during the period. Schnieders Capital Management LLC. grew its stake in shares of RTX by 3.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after purchasing an additional 623 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of RTX in the 2nd quarter valued at approximately $5,157,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX News Summary

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.

Wall Street Analyst Weigh In

Several research firms have recently commented on RTX. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft restated 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 shares of RTX in a research note on Friday, July 24th. Finally, Wells Fargo & Company lifted their target price on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $228.59.

RTX Stock Up 1.8%

RTX opened at $225.73 on Wednesday. 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 Corporation has a 12 month low of $150.61 and a 12 month high of $226.88. The stock has a market capitalization of $304.22 billion, a P/E ratio of 39.74, a P/E/G ratio of 2.65 and a beta of 0.29. The business has a 50 day simple moving average of $201.77 and a 200-day simple moving average of $195.20.

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

RTX Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend 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 is 51.41%.

Insiders Place Their Bets

In related news, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the sale, the insider owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the business’s stock in a transaction dated 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 represents a 17.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 15,567 shares of company stock worth $3,304,375. 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.