41,273 Shares in RTX Corporation $RTX Purchased by Mystic Asset Management Inc.

Mystic Asset Management Inc. purchased a new stake in shares of RTX Corporation (NYSE:RTX - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 41,273 shares of the company's stock, valued at approximately $7,831,000. RTX makes up 1.7% of Mystic Asset Management Inc.'s portfolio, making the stock its 12th biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Navalign LLC acquired a new position in shares of RTX in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC acquired a new stake in RTX during the fourth quarter valued at $26,000. Core Wealth Advisors LLC acquired a new position in shares of RTX in the fourth quarter worth about $31,000. 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. Finally, Evergreen Advisors LLC purchased a new stake in shares of RTX during the 1st quarter worth about $31,000. Institutional investors and hedge funds own 86.50% of the company's stock.

Analysts Set New Price Targets

RTX has been the subject of several recent analyst reports. Royal Bank Of Canada lifted their price target on RTX from $230.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, July 24th. Argus set a $245.00 price target on RTX in a research report on Thursday, July 30th. Robert W. Baird set a $240.00 price objective on RTX in a report on Friday, July 24th. Sanford C. Bernstein boosted their price objective on RTX from $213.00 to $232.00 and gave the company a "market perform" rating in a research report on Monday, August 3rd. Finally, Susquehanna upped their target price on RTX from $235.00 to $245.00 and gave the stock a "positive" rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $228.59.

Insider Transactions at RTX

In other news, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction that occurred on 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. The trade was a 10.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction on Friday, July 24th. The shares were 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 of the company's stock, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,222 shares of company stock valued at $6,362,003 over the last ninety days. Insiders own 0.10% of the company's stock.

Key RTX News

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 Stock Down 3.5%

RTX stock opened at $212.62 on Friday. The stock has a market capitalization of $286.56 billion, a P/E ratio of 37.43, a P/E/G ratio of 2.62 and a beta of 0.29. The firm has a 50-day simple moving average of $203.20 and a 200-day simple moving average of $195.42. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly earnings results 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 net margin of 8.28% and a return on equity of 13.99%. The firm had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same period last year, the company posted $1.56 EPS. RTX's quarterly revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX's dividend payout ratio (DPR) is 51.41%.

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.

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