10,691 Shares in RTX Corporation $RTX Bought by Gables Capital Management Inc.

Key Points

• Gables Capital Management acquired 10,691 RTX shares worth approximately $2.03 million, while institutional investors collectively own 86.5% of the company.
• RTX reported stronger-than-expected quarterly results, with adjusted EPS of $1.89 versus $1.66 expected and revenue up 14.5% year over year to $24.71 billion. Management set fiscal 2026 EPS guidance at $7.10–$7.25.
• Shares recently traded near their 52-week high at $225.73, and analysts maintain a “Moderate Buy” consensus with an average price target of $228.59. RTX also declared a quarterly dividend of $0.73 per share, yielding about 1.3% annually.

Gables Capital Management Inc. acquired a new stake in shares of RTX Corporation (NYSE:RTX - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,691 shares of the company's stock, valued at approximately $2,028,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of RTX by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company's stock valued at $22,922,464,000 after buying an additional 2,210,950 shares during the last quarter. BlackRock Inc. bought a new position in shares of RTX during the 2nd quarter worth approximately $20,970,571,000. State Street Corp lifted its position in RTX by 0.7% during the fourth quarter. State Street Corp now owns 91,884,588 shares of the company's stock valued at $16,851,633,000 after acquiring an additional 630,558 shares during the last quarter. Morgan Stanley lifted its position in RTX by 0.4% during the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company's stock valued at $5,462,310,000 after acquiring an additional 105,069 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its stake in RTX by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company's stock valued at $3,998,155,000 after acquiring an additional 625,994 shares in the last quarter. Hedge funds and other institutional investors own 86.50% of the company's stock.

RTX Trading Up 1.8%

Shares of RTX stock opened at $225.73 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $226.88. The firm has a market capitalization of $304.22 billion, a price-to-earnings ratio of 39.74, a PEG ratio of 2.65 and a beta of 0.29. The firm's 50 day simple moving average is $201.77 and its two-hundred day simple moving average is $195.20.

RTX (NYSE:RTX - Get Free Report) last posted 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 business had revenue of $24.71 billion during 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%. The business's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts predict 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 given a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. RTX's payout ratio is currently 51.41%.

Insider Transactions at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the firm's stock in a transaction dated 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 $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 directly owned 20,099 shares of the company's stock, valued at $4,360,076.07. This trade represents a 10.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 15,567 shares of company stock valued at $3,304,375. 0.10% of the stock is currently owned by insiders.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon division won a roughly $22.9 billion, seven-year U.S. Navy contract to accelerate Tomahawk cruise-missile production. Annual output is expected to rise from approximately 60 missiles to more than 1,000, creating significant long-term revenue visibility and improving factory utilization. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The award reinforces broader U.S. efforts to replenish precision-munitions inventories and follows a recent $745 million missile-defense interceptor order, strengthening expectations for sustained defense demand. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: RTX’s latest quarterly performance also exceeded expectations: adjusted EPS was $1.89 versus a $1.66 consensus, while revenue grew 14.5% year over year to $24.71 billion. Management raised 2026 adjusted EPS guidance to $7.10–$7.25 and projected revenue of $95–$96 billion. Commercial aviation aftermarket demand provides an additional growth driver. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Analysts remain generally constructive, with a Moderate Buy consensus and an average price target near $228.59, but the shares are already close to their 52-week high and have outperformed substantially over the past year.
• Negative Sentiment: Valuation is the principal concern. RTX trades at approximately 40 times trailing earnings and about 31 times forward earnings, while its six-month return has lagged the S&P 500. Investors must also monitor execution, supplier constraints and liquidity as the company ramps missile production; its quick ratio is 0.78.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on RTX. Royal Bank Of Canada lifted their price target on shares of RTX from $230.00 to $250.00 and gave the stock an "outperform" rating in a report on Friday, July 24th. Citigroup reissued a "buy" rating on shares of RTX in a research report on Wednesday, June 17th. Robert W. Baird set a $240.00 target price on RTX in a research note on Friday, July 24th. Weiss Ratings lowered RTX from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. Finally, Dbs Bank upgraded RTX from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, June 10th. One research 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 company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $228.59.

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.

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