Clarion Wealth Managment Partners LLC Purchases Shares of 3,673 RTX Corporation $RTX

Clarion Wealth Managment Partners LLC acquired a new position in RTX Corporation (NYSE:RTX) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 3,673 shares of the company’s stock, valued at approximately $697,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. BlackRock Inc. bought a new position in RTX during the 2nd quarter worth approximately $20,970,571,000. Norges Bank purchased a new position in RTX in the 4th quarter worth approximately $3,167,626,000. Auto Owners Insurance Co lifted its position in RTX by 24,730.9% in the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after purchasing an additional 10,062,269 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of RTX during the second quarter valued at approximately $1,456,256,000. Finally, Deutsche Bank AG purchased a new stake in shares of RTX during the second quarter valued at approximately $725,900,000. Institutional investors own 86.50% of the company’s stock.

RTX Price Performance

Shares of RTX stock opened at $210.36 on Monday. The business has a 50 day moving average of $203.73 and a 200 day moving average of $195.49. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88. The company has a market cap of $283.51 billion, a PE ratio of 37.04, a P/E/G ratio of 2.50 and a beta of 0.29. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47.

RTX (NYSE:RTX) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. During the same period in the previous year, the firm earned $1.56 EPS. 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. As a group, equities research analysts forecast that RTX Corporation will post 7.22 earnings per share 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. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio is presently 51.41%.

Wall Street Analyst Weigh In

Several brokerages recently commented on RTX. Sanford C. Bernstein lifted their target price on shares of RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. Susquehanna raised their price target on shares of RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a report on Friday, July 24th. TD Cowen boosted their price objective on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $240.00 target price on shares of RTX in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $228.59.

Key Headlines Impacting RTX

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.

Insiders Place Their Bets

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the sale, the vice president directly owned 20,099 shares in the company, valued at $4,360,076.07. This trade represents a 10.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, 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 value of $3,057,627.60. Following the sale, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 29,222 shares of company stock worth $6,362,003 over the last three months. Company insiders own 0.10% of the company’s stock.

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.