PCM Encore LLC Invests $1.55 Million in RTX Corporation $RTX

PCM Encore LLC bought a new stake in shares of RTX Corporation (NYSE:RTXFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,176 shares of the company’s stock, valued at approximately $1,551,000.

Several other large investors have also recently made changes to their positions in RTX. Navalign LLC acquired a new stake in RTX during the fourth quarter valued at $25,000. Commonwealth Retirement Investments LLC purchased a new position in RTX in the fourth quarter valued at $26,000. Evergreen Advisors LLC acquired a new position in shares of RTX in the first quarter worth about $31,000. Core Wealth Advisors LLC acquired a new position in shares of RTX in the fourth quarter worth about $31,000. Finally, 1 North Wealth Services LLC boosted its stake in shares of RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after acquiring an additional 137 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the transaction, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the company’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the sale, the vice president directly owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. This represents a 17.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on RTX shares. Jefferies Financial Group set a $250.00 target price on RTX in a research report on Sunday, July 26th. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Wells Fargo & Company increased their price target on RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Weiss Ratings lowered RTX from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. 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 analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, RTX presently has an average rating of “Moderate Buy” and a consensus price target of $228.59.

Read Our Latest Analysis on RTX

RTX Stock Down 3.5%

Shares of RTX opened at $212.62 on Friday. The stock has a 50 day moving average price of $203.20 and a 200 day moving average price of $195.42. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. 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 $286.56 billion, a price-to-earnings ratio of 37.43, a PEG ratio of 2.62 and a beta of 0.29.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating 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 company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same quarter last year, the firm posted $1.56 EPS. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities research analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be paid 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%.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy contract for Tomahawk cruise missiles. The agreement is expected to support production of more than 1,000 missiles annually, strengthening RTX’s defense backlog, revenue visibility and long-term cash-flow prospects. Investors May Respond to RTX Winning a $22.9 Billion Tomahawk Deal
  • Positive Sentiment: The contract complements RTX’s stronger-than-expected second-quarter results. Adjusted EPS was $1.89 versus the $1.66 consensus, revenue reached $24.71 billion—up 14.5% year over year—and management raised or reaffirmed fiscal 2026 EPS guidance at $7.10–$7.25 while continuing dividend growth. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
  • Neutral Sentiment: Industry research projects growth in commercial aircraft inflight entertainment and connectivity, including Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed as a participant, but the report does not identify a new contract or quantify a near-term financial benefit. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
  • Neutral Sentiment: Articles concerning GeForce RTX graphics cards, path-traced GTA 4 and comparisons with the PlayStation 5 relate to NVIDIA’s gaming hardware, not RTX Corporation, and have no meaningful effect on NYSE: RTX.
  • Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by 50.88%. The sale may weigh on sentiment, although it does not by itself indicate weakening fundamentals. RTX EVP Sells 13,655 Shares
  • Negative Sentiment: RTX trades near its 52-week high at a relatively rich valuation—about 37 times earnings based on the supplied market data. After the defense-contract and earnings rally, elevated expectations leave the stock vulnerable to profit-taking, even though analysts retain a broadly positive consensus.

RTX Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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