Anchor Capital Advisors LLC Sells 7,564 Shares of RTX Corporation $RTX

Key Points

• Anchor Capital Advisors reduced its RTX stake by 5.5%, selling 7,564 shares and retaining 129,507 shares valued at approximately $24.6 million. Institutional investors collectively own 86.5% of the company.
• Analysts remain broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $228.59, despite several recent insider share sales.
• RTX exceeded quarterly expectations, reporting $1.89 in EPS and $24.71 billion in revenue, up 14.5% year over year. The company also maintained 2026 EPS guidance of $7.10–$7.25 and pays an annualized dividend of $2.92 per share.

Anchor Capital Advisors LLC decreased its holdings in RTX Corporation (NYSE:RTX - Free Report) by 5.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 129,507 shares of the company's stock after selling 7,564 shares during the period. Anchor Capital Advisors LLC's holdings in RTX were worth $24,571,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Fortress Financial Group LLC purchased a new position in shares of RTX in the second quarter valued at $358,000. Navalign LLC purchased a new stake in RTX during the 4th quarter worth about $25,000. Commonwealth Retirement Investments LLC bought a new position in RTX in the 4th quarter worth about $26,000. Evergreen Advisors LLC purchased a new position in RTX during the 1st quarter valued at about $31,000. Finally, Core Wealth Advisors LLC purchased a new position in RTX during the 4th quarter valued at about $31,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Susquehanna increased their price target on shares of RTX from $235.00 to $245.00 and gave the stock a "positive" rating 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 note on Tuesday, August 25th. Morgan Stanley reiterated an "overweight" rating and issued a $240.00 target price on shares of RTX in a research note on Friday, July 24th. TD Cowen raised their price target 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, Wells Fargo & Company boosted their price target on shares of RTX from $200.00 to $230.00 and gave the company an "equal weight" rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $228.59.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Broader defense-industry momentum remains a favorable backdrop. A report highlighted record backlogs at ATI, Astronics and Ducommun amid increased defense spending, although it did not announce a new RTX Corporation order or change to RTX’s earnings outlook. 3 Under-the-Radar Defense Stocks With Record Backlogs
• Neutral Sentiment: Several reports described expanding NVIDIA RTX Spark products, including laptops, mini PCs and desktops from HP, ASUS, Acer and other manufacturers. These developments may support NVIDIA’s ecosystem but have no direct revenue implication for RTX Corporation. Nvidia RTX Spark laptops, desktops arrive in October
• Neutral Sentiment: NVIDIA’s confirmation that DLSS 5 will support RTX 40-series graphics cards, along with unofficial mods extending the technology to older GPUs, generated substantial gaming coverage. The news concerns NVIDIA software and GeForce hardware rather than RTX Corporation’s aerospace, defense and commercial aviation operations. Nvidia confirms DLSS 5 support for RTX 40 GPUs
• Negative Sentiment: Multiple reports alleged that NVIDIA RTX 5090 graphics cards experienced melted 16-pin power connectors during DLSS 5 testing. This could raise concerns for NVIDIA’s product reliability, but it is not a reported issue involving RTX Corporation. User reports melted GeForce RTX 5090 power connector

Insider Activity at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the transaction, the executive vice president directly owned 13,184 shares in the company, valued at $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of RTX 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 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 SEC filing for this sale provides additional information. In the last three months, insiders have sold 29,222 shares of company stock valued at $6,362,003. Corporate insiders own 0.10% of the company's stock.

RTX Price Performance

Shares of NYSE:RTX opened at $200.75 on Tuesday. The company's fifty day moving average price is $208.18 and its 200-day moving average price is $196.09. The firm has a market capitalization of $270.56 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 2.59 and a beta of 0.29. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. 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 - Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same period in the previous year, the business 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. On average, equities research analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th were given a dividend of $0.73 per share. The ex-dividend date was Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.5%. RTX's dividend payout ratio is 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.

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