Sterling Financial Planning Inc. purchased a new position in RTX Corporation (NYSE:RTX – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 5,242 shares of the company’s stock, valued at approximately $995,000. RTX comprises approximately 0.3% of Sterling Financial Planning Inc.’s investment portfolio, making the stock its 29th largest position.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in RTX. Navalign LLC bought a new stake in shares of RTX in the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new position in RTX during the 4th quarter worth approximately $26,000. Core Wealth Advisors LLC acquired a new position in RTX during the fourth quarter valued at approximately $31,000. 1 North Wealth Services LLC increased its stake in RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC bought a new stake in RTX in the first quarter valued at approximately $31,000. Institutional investors own 86.50% of the company’s stock.
Insider Buying and Selling at RTX
In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total transaction of $488,092.50. Following the sale, the vice president directly owned 20,099 shares of the company’s stock, valued at $4,360,076.07. The trade was a 10.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction dated Tuesday, August 18th. The stock was 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 approximately $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 29,222 shares of company stock worth $6,362,003. Insiders own 0.10% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Research Report on RTX
RTX Stock Down 0.9%
Shares of RTX stock opened at $210.36 on Friday. The firm has a market cap of $283.51 billion, a PE ratio of 37.04, a P/E/G ratio of 2.53 and a beta of 0.29. The business’s 50 day simple moving average is $203.73 and its 200 day simple moving average is $195.53. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. RTX Corporation has a 52-week low of $150.61 and a 52-week high of $226.88.
RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share 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 company had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. During the same period last year, the business earned $1.56 EPS. 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. On average, analysts predict that RTX Corporation will post 7.22 earnings per share for the current fiscal year.
RTX Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a $0.73 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. RTX’s dividend payout ratio (DPR) is 51.41%.
RTX News Roundup
Here are the key news stories impacting RTX this week:
- Positive Sentiment: The European Commission closed its antitrust investigation into Pratt & Whitney Canada, RTX’s aircraft-engine unit. The decision removes the risk of potential enforcement action, fines or business restrictions tied to the probe. EU closes antitrust probe into RTX’s Pratt & Whitney
- Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract. The award should improve long-term revenue visibility, support higher production and strengthen RTX’s defense backlog through the 2030s. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
- Positive Sentiment: Recent quarterly results also remain supportive: RTX exceeded EPS and revenue expectations, posted 14.5% year-over-year revenue growth and raised confidence in its fiscal 2026 outlook. These results reinforce the company’s ability to convert its backlog into cash-generating programs. How Investors May Respond to RTX Winning a US$22.9 Billion Tomahawk Deal and Raising Guidance
- Neutral Sentiment: Broader market volatility, including concerns about Treasury policy, oil prices and upcoming inflation data, may be contributing to pressure across equities rather than reflecting a change in RTX’s fundamentals.
- Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by about 51%. While the sale may be routine, it can weigh on sentiment when the stock is near its 52-week high. RTX EVP Sells 13,655 Shares
- Negative Sentiment: RTX trades at a demanding earnings multiple after a substantial rally. The valuation leaves less room for execution disappointments and may encourage investors to take profits.
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.
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