115,887 Shares in RTX Corporation $RTX Acquired by SCS Capital Management LLC

SCS Capital Management LLC acquired a new stake in shares of RTX Corporation (NYSE:RTX) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 115,887 shares of the company’s stock, valued at approximately $21,987,000.

Other hedge funds also recently bought and sold shares of the company. Alpha Cubed Investments LLC boosted its position in shares of RTX by 0.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock worth $2,700,000 after purchasing an additional 50 shares in the last quarter. Schulhoff & Co. Inc. increased its position in shares of RTX by 1.7% in the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after buying an additional 52 shares in the last quarter. Purus Wealth Management LLC increased its position in shares of RTX by 0.4% in the 4th quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock valued at $2,700,000 after buying an additional 53 shares in the last quarter. Sunbeam Capital Management LLC raised its stake in RTX by 1.6% during the 4th quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock worth $620,000 after buying an additional 53 shares during the period. Finally, Sequent Planning LLC lifted its holdings in RTX by 1.6% during the fourth quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock worth $617,000 after acquiring an additional 54 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at RTX

In other RTX news, insider Troy D. Brunk sold 8,557 shares of the business’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 value of $1,799,451.53. Following the sale, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $213.62, for a total value of $1,016,831.20. Following the transaction, the vice president directly owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 15,567 shares of company stock valued at $3,304,375. 0.10% of the stock is owned by corporate insiders.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

Analyst Upgrades and Downgrades

RTX has been the subject of a number of research analyst reports. Sanford C. Bernstein boosted their target price on RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a research note on Monday, August 3rd. Robert W. Baird set a $240.00 price target on RTX in a research report on Friday, July 24th. Weiss Ratings cut RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Finally, UBS Group boosted their price objective on RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. One equities 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 assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $228.59.

RTX Trading Up 1.1%

RTX opened at $222.88 on Friday. The stock has a market capitalization of $300.38 billion, a P/E ratio of 39.24, a P/E/G ratio of 2.65 and a beta of 0.29. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88. The firm’s fifty day simple moving average is $200.02 and its 200 day simple moving average is $194.86.

RTX (NYSE:RTX) last released its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (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 firm 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 company earned $1.56 EPS. The company’s revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, research analysts anticipate that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Dividend Announcement

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

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.