Nwam LLC Raises Stock Position in RTX Corporation $RTX

Nwam LLC grew its stake in RTX Corporation (NYSE:RTX) by 115.7% in the 2nd quarter, Holdings Channel reports. The firm owned 27,340 shares of the company’s stock after purchasing an additional 14,666 shares during the period. Nwam LLC’s holdings in RTX were worth $5,187,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of RTX. Fortress Financial Group LLC purchased a new stake in RTX in the second quarter worth about $358,000. Navalign LLC bought a new stake in RTX during the 4th quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of RTX during the 4th quarter worth approximately $26,000. Evergreen Advisors LLC purchased a new position in shares of RTX during the 1st quarter worth approximately $31,000. Finally, Core Wealth Advisors LLC purchased a new position in shares of RTX in the 4th quarter valued at approximately $31,000. Institutional investors own 86.50% of the company’s stock.

Insider Activity at RTX

In related news, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the sale, the vice president owned 20,099 shares of the company’s stock, valued at $4,360,076.07. This trade represents a 10.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction of $1,799,451.53. Following the completion of the transaction, the insider owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 29,222 shares of company stock valued at $6,362,003 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Key Stories 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.

Analyst Ratings Changes

Several equities research analysts recently weighed in on RTX shares. Morgan Stanley restated an “overweight” rating and set a $240.00 price target on shares of RTX in a research report on Friday, July 24th. UBS Group increased their price objective on RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Weiss Ratings raised RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 25th. TD Cowen boosted their target price on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a report on Monday, July 27th. Finally, Argus set a $245.00 target price on shares of RTX in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and a consensus target price of $228.59.

RTX Price Performance

Shares of NYSE:RTX opened at $208.17 on Tuesday. The business has a fifty day moving average price of $206.67 and a 200-day moving average price of $196.03. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The company has a market capitalization of $280.56 billion, a PE ratio of 36.65, a PEG ratio of 2.52 and a beta of 0.29. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $226.88.

RTX (NYSE:RTX) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.66 by $0.23. The company had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. RTX’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities analysts expect that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be issued 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 dividend yield of 1.4%. RTX’s dividend payout ratio is presently 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.