Puzo Michael J Makes New Investment in RTX Corporation $RTX

Puzo Michael J acquired a new stake in shares of RTX Corporation (NYSE:RTX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 67,846 shares of the company’s stock, valued at approximately $12,872,000. RTX accounts for about 3.3% of Puzo Michael J’s holdings, making the stock its 11th biggest position.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC lifted its position in RTX by 24.3% during the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after acquiring an additional 3,332 shares during the period. Revolve Wealth Partners LLC grew its holdings in RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after purchasing an additional 159 shares during the period. United Bank grew its holdings in RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after purchasing an additional 4,131 shares during the period. Schnieders Capital Management LLC. increased its stake in shares of RTX by 3.1% during the second 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 in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of RTX during the second quarter valued at approximately $5,157,000. Institutional investors own 86.50% of the company’s stock.

Insiders Place Their Bets

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the transaction, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Troy D. Brunk sold 8,557 shares of the company’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 transaction of $1,799,451.53. Following the completion of the transaction, 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 SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 29,222 shares of company stock worth $6,362,003. Company insiders own 0.10% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense unit, won a roughly $22.9 billion U.S. Navy Tomahawk missile contract spanning seven years. The agreement is expected to increase production to more than 1,000 missiles annually, providing substantial long-term revenue visibility and supporting RTX’s defense backlog. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: The contract follows RTX’s better-than-expected second-quarter results: adjusted EPS was $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 outlook of $7.10–$7.25 and continued dividend growth reinforce the company’s favorable operating momentum. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Industry research projects growth in the commercial aircraft inflight entertainment and connectivity market, including opportunities in Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed among the key participants, but the report does not announce a specific contract or material financial impact for the company. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
• Negative Sentiment: RTX Executive Vice President Ramsaran Maharajh sold 13,655 shares for approximately $3.06 million, reducing his holdings by 50.88%. Although executive sales do not necessarily signal deteriorating fundamentals, the transaction can weigh on sentiment when the stock is near its recent high. Ramsaran Maharajh Insider Trading
• Negative Sentiment: Recent commentary notes that RTX shares have outperformed significantly and trade at a demanding valuation—approximately 39 times earnings—leaving less room for disappointment. Some investors may therefore be locking in gains or favoring other industrial and defense opportunities.
• Neutral Sentiment: Articles about modified GeForce RTX 3080 and RTX 50-series graphics cards concern NVIDIA hardware, not RTX Corporation, and should not affect RTX stock.

RTX Price Performance

NYSE RTX opened at $220.48 on Thursday. The business’s fifty day moving average is $202.63 and its 200 day moving average is $195.34. 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 quick ratio of 0.78 and a current ratio of 1.01. The company has a market capitalization of $297.16 billion, a PE ratio of 38.82, a price-to-earnings-growth ratio of 2.68 and a beta of 0.29.

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

RTX Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on RTX. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Citigroup reiterated a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Weiss Ratings lowered shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Finally, Royal Bank Of Canada raised their price objective on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $228.59.

About RTX

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.