Abbot Financial Management Inc. Makes New $2.21 Million Investment in RTX Corporation $RTX

Key Points

• Abbot Financial Management initiated a $2.21 million position in RTX during the second quarter by purchasing 11,646 shares. Institutional investors collectively own 86.5% of the company.
• RTX reported better-than-expected quarterly results, with EPS of $1.89 versus the $1.66 consensus and revenue of $24.71 billion, up 14.5% year over year. The company reaffirmed fiscal 2026 EPS guidance of $7.10–$7.25 and declared a quarterly dividend of $0.73.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus and an average price target of $228.59, while RTX’s missile-defense agreements and production expansion support its growth outlook. However, the stock’s elevated valuation—around 39 times earnings—may limit upside if earnings or contract execution disappoints.

Abbot Financial Management Inc. bought a new position in shares of RTX Corporation (NYSE:RTX - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,646 shares of the company's stock, valued at approximately $2,210,000.

A number of other large investors also recently modified their holdings of RTX. Navalign LLC bought a new stake in shares of RTX during the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new position in RTX in the fourth quarter worth about $26,000. Core Wealth Advisors LLC acquired a new position in RTX in the fourth quarter valued at approximately $31,000. 1 North Wealth Services LLC boosted its stake in RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company's stock valued at $31,000 after acquiring an additional 137 shares during the period. Finally, Evergreen Advisors LLC bought a new position in shares of RTX during the first quarter valued at approximately $31,000. 86.50% of the stock is currently owned by institutional investors.

Insider Transactions at RTX

In related news, insider Troy D. Brunk sold 8,557 shares of the firm's stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the completion of the sale, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 transaction of $488,092.50. Following the completion of the transaction, the vice president owned 20,099 shares in the company, valued at approximately $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. Insiders sold a total of 15,567 shares of company stock valued at $3,304,375 over the last three months. 0.10% of the stock is owned by corporate insiders.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

Wall Street Analyst Weigh In

RTX has been the topic of several recent research reports. Jefferies Financial Group set a $250.00 price target on RTX in a report on Sunday, July 26th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $238.00 target price on shares of RTX in a research report on Monday, July 27th. Wells Fargo & Company raised their target price on RTX from $200.00 to $230.00 and gave the company an "equal weight" rating in a research note on Friday, July 24th. Morgan Stanley reissued an "overweight" rating and set a $240.00 price target on shares of RTX in a report on Friday, July 24th. Finally, Robert W. Baird set a $240.00 price target on shares of RTX in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $228.59.

RTX Stock Performance

RTX stock opened at $222.88 on Monday. The company has a 50-day simple moving average of $200.02 and a 200 day simple moving average of $194.87. The company has a market capitalization of $300.38 billion, a P/E ratio of 39.24, a PEG ratio of 2.65 and a beta of 0.29. 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 fifty-two week low of $150.61 and a fifty-two week high of $226.88.

RTX (NYSE:RTX - Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The firm had revenue of $24.71 billion for the quarter, compared to analysts' expectations of $22.89 billion. During the same quarter in the previous year, the company earned $1.56 earnings per share. The firm'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. Sell-side analysts predict 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. Shareholders of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. RTX's dividend payout ratio is presently 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.

Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source