Artemis Wealth Advisors LLC Acquires New Position in RTX Corporation $RTX

Key Points

• Artemis Wealth Advisors acquired 36,000 RTX shares worth approximately $10.86 million, making RTX its ninth-largest holding and representing 1.2% of its portfolio. Institutional investors collectively own 86.5% of RTX.
• RTX reported quarterly adjusted EPS of $1.89, exceeding the $1.66 consensus, while revenue rose 14.5% year over year to $24.71 billion. Management set fiscal 2026 adjusted EPS guidance at $7.10–$7.25.
• Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $228.59, although RTX trades near its 52-week high at roughly 40 times trailing earnings. Insiders sold 15,567 shares worth $3.3 million during the quarter.

Artemis Wealth Advisors LLC acquired a new stake in RTX Corporation (NYSE:RTX - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 36,000 shares of the company's stock, valued at approximately $10,862,000. RTX comprises about 1.2% of Artemis Wealth Advisors LLC's portfolio, making the stock its 9th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Navalign LLC bought a new stake in RTX in the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of RTX during the 4th quarter worth about $26,000. Core Wealth Advisors LLC acquired a new position in shares of RTX during the 4th quarter worth about $31,000. 1 North Wealth Services LLC increased its stake in shares of RTX by 456.7% in the 4th 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 last quarter. Finally, Evergreen Advisors LLC bought a new stake in shares of RTX in the 1st quarter valued at about $31,000. Institutional investors and hedge funds own 86.50% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Citigroup reissued a "buy" rating on shares of RTX in a research note on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $238.00 target price on shares of RTX in a research note on Monday, July 27th. Wall Street Zen lowered shares of RTX from a "strong-buy" rating to a "buy" rating in a report on Sunday, April 26th. UBS Group lifted their price target on shares of RTX from $198.00 to $215.00 and gave the stock a "neutral" rating in a research report on Friday, July 24th. Finally, Robert W. Baird set a $240.00 price target on shares of RTX in a report on Friday, July 24th. One investment 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $228.59.

Insider Transactions at RTX

In related news, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction that occurred 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 of the company's stock, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the business'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 value of $1,799,451.53. Following the completion of the sale, the insider owned 8,809 shares in the company, valued at $1,852,444.61. The trade was a 49.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 15,567 shares of company stock valued at $3,304,375. 0.10% of the stock is owned by corporate insiders.

RTX News Summary

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.

RTX Stock Up 1.8%

Shares of RTX stock opened at $225.73 on Wednesday. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $226.88. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The firm has a fifty day moving average of $201.77 and a 200-day moving average of $195.20. The company has a market capitalization of $304.22 billion, a price-to-earnings ratio of 39.74, a P/E/G ratio of 2.65 and a beta of 0.29.

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, beating 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 business had revenue of $24.71 billion for the quarter, compared to analysts' expectations of $22.89 billion. During the same period in the previous year, the firm posted $1.56 EPS. The firm's 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. As a group, equities research analysts predict that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a dividend of $0.73 per share. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. RTX's dividend payout ratio (DPR) is presently 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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