Roman Butler Fullerton & Co. Purchases Shares of 12,877 RTX Corporation $RTX

Roman Butler Fullerton & Co. acquired a new stake in RTX Corporation (NYSE:RTX) during the second quarter, Holdings Channel reports. The institutional investor acquired 12,877 shares of the company’s stock, valued at approximately $2,529,000.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after acquiring an additional 2,210,950 shares during the period. State Street Corp grew its position in RTX by 0.7% during the 4th quarter. State Street Corp now owns 91,884,588 shares of the company’s stock worth $16,851,633,000 after purchasing an additional 630,558 shares during the period. Morgan Stanley grew its position in RTX by 0.4% during the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock worth $5,462,310,000 after purchasing an additional 105,069 shares during the period. Fisher Asset Management LLC raised its stake in shares of RTX by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock valued at $3,998,155,000 after buying an additional 625,994 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of RTX in the 4th quarter valued at about $3,167,626,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Insider Transactions at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction 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 completion of the transaction, the insider directly owned 8,809 shares of the company’s stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value 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. This represents a 10.07% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 15,567 shares of company stock worth $3,304,375. 0.10% of the stock is owned by corporate insiders.

Key RTX News

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

RTX Stock Performance

Shares of RTX opened at $222.88 on Monday. 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 Corporation has a 52-week low of $150.61 and a 52-week high of $226.88. The company has a 50-day simple moving average of $200.02 and a 200-day simple moving average of $194.87. The company has a market capitalization of $300.38 billion, a PE ratio of 39.24, a P/E/G ratio of 2.65 and a beta of 0.29.

RTX (NYSE:RTX) last issued its 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. The company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities research analysts predict that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

The firm also recently disclosed 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 is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. RTX’s payout ratio is currently 51.41%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on RTX shares. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Morgan Stanley reissued an “overweight” rating and set a $240.00 price target on shares of RTX in a report on Friday, July 24th. Royal Bank Of Canada lifted their price objective on shares of RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, July 24th. UBS Group raised their target price on RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Finally, Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, RTX has a consensus rating of “Moderate Buy” and a consensus 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.