Bank of America Corp DE Sells 87,840 Shares of RTX Corporation $RTX

Bank of America Corp DE decreased its holdings in RTX Corporation (NYSE:RTX) by 0.3% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,393,685 shares of the company’s stock after selling 87,840 shares during the period. Bank of America Corp DE’s holdings in RTX were worth $4,898,442,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in RTX. Navalign LLC purchased a new stake in RTX during the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of RTX in the fourth quarter worth about $26,000. Core Wealth Advisors LLC bought a new stake in shares of RTX in the 4th quarter valued at about $31,000. 1 North Wealth Services LLC boosted its holdings in RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after acquiring an additional 137 shares during the period. Finally, Evergreen Advisors LLC purchased a new stake in RTX during the 1st quarter valued at about $31,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX raised its 2026 adjusted sales outlook to $95 billion–$96 billion, citing sustained commercial aircraft maintenance demand as airlines operate aging fleets and continued military-system demand as governments replenish weapons inventories. Aging Jets, Rising Threats: Why RTX Corporation Just Raised Its 2026 Outlook
• Positive Sentiment: Recent quarterly results were stronger than expected: revenue increased 14.5% year over year to $24.71 billion, while earnings of $1.89 per share exceeded the $1.66 analyst consensus. RTX maintained 2026 EPS guidance of approximately $7.10–$7.25. Top Analyst Reports for Alphabet, AMD and RTX
• Positive Sentiment: Erste Group Bank lifted its RTX EPS estimates to $7.20 for fiscal 2026 and $7.85 for fiscal 2027, above its prior forecasts. The broader analyst consensus remains “Moderate Buy,” with an average price target of $225.81. RTX analyst estimates
• Neutral Sentiment: Analyst opinion is constructive overall, but Erste Group retained a “Hold” rating, reflecting caution after RTX’s significant share-price appreciation and elevated expectations. EMBJ or RTX: Which Is the Better Value Stock Right Now?
• Negative Sentiment: RTX’s valuation is becoming a headwind. After a reported 181.5% five-year gain and trading near its 52-week high, the stock appears closer to fair value than clearly undervalued, with a price-to-earnings ratio near 38. Further gains may require continued earnings execution. RTX Stock May Be Below Fair Value on Cash Flow Yet Full on Earnings
• Negative Sentiment: RTX insiders have reported sizable sales: VP Kevin Dasilva sold 2,250 shares for approximately $488,000, while insider Troy D. Brunk sold 8,557 shares for roughly $1.8 million. The transactions may reinforce profit-taking concerns, although insider sales do not necessarily signal deteriorating fundamentals. Kevin Dasilva Sells RTX Shares

Insider Activity

In other news, VP Kevin G. Dasilva sold 2,250 shares of RTX 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 owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 transaction, the insider owned 8,809 shares in the company, valued at $1,852,444.61. This represents a 49.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 15,567 shares of company stock valued at $3,304,375. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on RTX shares. Weiss Ratings raised RTX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 24th. Jefferies Financial Group set a $250.00 price target on shares of RTX in a report on Sunday. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Morgan Stanley restated an “overweight” rating and issued a $240.00 price objective on shares of RTX in a research report on Friday, July 24th. Finally, Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. One 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $225.81.

RTX Price Performance

RTX opened at $215.64 on Thursday. 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 stock has a market capitalization of $290.64 billion, a PE ratio of 37.97, a price-to-earnings-growth ratio of 2.61 and a beta of 0.30. The stock’s 50 day moving average price is $189.62 and its 200-day moving average price is $192.85. RTX Corporation has a 52-week low of $150.61 and a 52-week high of $221.34.

RTX (NYSE:RTX) last announced 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. The company had revenue of $24.71 billion during 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%.The firm’s revenue was up 14.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities research analysts predict that RTX Corporation will post 7.2 EPS for the current year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio (DPR) is currently 51.41%.

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.