XML Financial LLC Decreases Stock Holdings in RTX Corporation $RTX

XML Financial LLC lessened its stake in RTX Corporation (NYSE:RTX) by 6.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 47,635 shares of the company’s stock after selling 3,219 shares during the quarter. XML Financial LLC’s holdings in RTX were worth $9,038,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in RTX. Fortress Financial Group LLC purchased a new position in RTX in the 2nd quarter valued at $358,000. Navalign LLC acquired a new position in shares of RTX during the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of RTX in the fourth quarter valued at about $26,000. Evergreen Advisors LLC acquired a new stake in RTX during the first quarter worth about $31,000. Finally, Core Wealth Advisors LLC purchased a new position in RTX during the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Price Performance

Shares of RTX opened at $204.85 on Wednesday. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $226.88. The stock has a market cap of $276.09 billion, a PE ratio of 36.07, a P/E/G ratio of 2.47 and a beta of 0.29. The firm has a 50-day simple moving average of $207.04 and a two-hundred day simple moving average of $196.09. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78.

RTX (NYSE:RTX) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 EPS 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 analyst estimates of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business’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 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, analysts forecast that RTX Corporation will post 7.22 EPS for the current year.

RTX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is 51.41%.

Analyst Ratings Changes

RTX has been the topic of several recent analyst reports. Robert W. Baird set a $240.00 target price on shares of RTX in a report on Friday, July 24th. Weiss Ratings raised shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 25th. Wells Fargo & Company upped their price objective on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a 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 research report on Friday, July 24th. Finally, Jefferies Financial Group set a $250.00 target price on RTX in a research note on Sunday, July 26th. 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $228.59.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s reported $289 billion backlog underscores strong long-term demand visibility across its defense and commercial aerospace businesses. The backlog is not entirely equivalent to near-term revenue, but it provides substantial support for future sales and cash flow. RTX’s $289 Billion Backlog, Explained
• Positive Sentiment: RTX has outperformed the broader industrial sector over the past year, and analysts remain cautiously optimistic. Its exposure to defense spending and aircraft engine demand may make earnings less sensitive to economic cycles than many industrial peers. RTX Corporation Stock: Is RTX Outperforming the Industrial Sector?
• Positive Sentiment: Chief Executive Chris Calio is scheduled to present at the Morgan Stanley Laguna Conference. Investors may look for updates on the backlog, engine production, defense demand, margins and full-year guidance. RTX Chairman and CEO to Present at the Morgan Stanley 14th Annual Laguna Conference
• Neutral Sentiment: A recent analysis highlights RTX as a potentially defensive dividend stock because its defense exposure can reduce sensitivity to macroeconomic swings. However, the stock’s elevated valuation means investors may require continued earnings and cash-flow growth. Is RTX a Safe Dividend Stock to Buy?
• Negative Sentiment: RTX recently declined more than the broader market. The weakness appears consistent with profit-taking and valuation concerns after a strong run, rather than a newly reported deterioration in operating results. Here’s Why RTX Fell More Than the Broader Market

Insider Transactions at RTX

In related news, VP Kevin G. Dasilva sold 4,760 shares of the business’s stock in a transaction 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 sale, the vice president owned 22,349 shares in the company, valued at approximately $4,774,193.38. The trade was a 17.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the transaction, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 29,222 shares of company stock worth $6,362,003 over the last ninety days. Company insiders own 0.10% of the company’s stock.

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.