Clifford Swan Investment Counsel LLC Has $37.25 Million Stock Holdings in RTX Corporation $RTX

Clifford Swan Investment Counsel LLC decreased its holdings in shares of RTX Corporation (NYSE:RTX) by 5.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 196,349 shares of the company’s stock after selling 10,891 shares during the quarter. RTX comprises approximately 1.2% of Clifford Swan Investment Counsel LLC’s holdings, making the stock its 22nd largest position. Clifford Swan Investment Counsel LLC’s holdings in RTX were worth $37,253,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in RTX. Milestone Asset Management Group LLC boosted its stake in RTX by 34.7% during the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after buying an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC acquired a new position in shares of RTX in the 4th quarter valued at $2,308,000. Truist Financial Corp lifted its holdings in shares of RTX by 2.3% during the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after acquiring an additional 53,045 shares during the period. Vanguard Personalized Indexing Management LLC boosted its position in shares of RTX by 5.1% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 212,944 shares of the company’s stock valued at $39,054,000 after acquiring an additional 10,426 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in shares of RTX by 206.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 178,360 shares of the company’s stock valued at $32,711,000 after acquiring an additional 120,094 shares in the last quarter. 86.50% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This trade represents a 50.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 in the company, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,222 shares of company stock worth $6,362,003 in the last three months. Insiders own 0.10% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s reported $289 billion backlog is predominantly tied to commercial aerospace. Continued strength in commercial aviation could support production growth, cash generation and financial flexibility, allowing RTX’s defense business to avoid or exit unprofitable contracts. RTX’s $289 Billion Backlog Is Mainly Commercial, Not Defense. Here’s Why That Split Is the Real Story.
• Neutral Sentiment: A Zacks review noted that RTX fell more than the broader market in the latest trading session. The article did not identify a new earnings miss or material operational setback, suggesting the move may reflect market conditions, sector positioning or profit-taking after the stock’s strong run. Here’s Why RTX Fell More Than Broader Market
• Negative Sentiment: RTX trades at a relatively elevated earnings multiple following substantial gains over the past year, which can increase sensitivity to broad-market pullbacks when no fresh positive catalyst is present.

RTX Trading Down 1.7%

Shares of RTX stock opened at $208.17 on Tuesday. The company has a market capitalization of $280.56 billion, a P/E ratio of 36.65, a P/E/G ratio of 2.52 and a beta of 0.29. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $226.88. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The firm has a 50-day moving average price of $206.67 and a 200 day moving average price of $196.03.

RTX (NYSE:RTX) last issued its quarterly earnings data 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 firm had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. 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. Investors of record on Friday, August 14th will be given a dividend of $0.73 per share. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. RTX’s dividend payout ratio is 51.41%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on RTX shares. Robert W. Baird set a $240.00 price target on shares of RTX in a research note on Friday, July 24th. UBS Group upped their price objective on RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. TD Cowen raised their target price on RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Susquehanna boosted their price target on RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research note on Friday, July 24th. Finally, Weiss Ratings upgraded RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 25th. One investment 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 company’s stock. Based on data from MarketBeat.com, the company currently has an average 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.