Bell & Brown Wealth Advisors LLC Invests $4.98 Million in RTX Corporation $RTX

Key Points

• Bell & Brown Wealth Advisors acquired 26,269 RTX shares worth approximately $4.98 million, making RTX its 26th-largest holding and representing 1.5% of its portfolio. Institutional investors and hedge funds collectively own 86.5% of the stock.
• RTX reported better-than-expected quarterly results, with adjusted EPS of $1.89 versus the $1.66 consensus and revenue up 14.5% year over year to $24.71 billion. The company guided to fiscal 2026 EPS of $7.10–$7.25 and recently secured a roughly $22.9 billion Navy Tomahawk missile contract.
• RTX shares trade near their 52-week high at a demanding valuation of about 39 times earnings. Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $228.59, while insiders have sold roughly $6.36 million of stock over the past quarter.

Bell & Brown Wealth Advisors LLC purchased a new position in shares of RTX Corporation (NYSE:RTX - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 26,269 shares of the company's stock, valued at approximately $4,984,000. RTX comprises approximately 1.5% of Bell & Brown Wealth Advisors LLC's investment portfolio, making the stock its 26th largest holding.

A number of other hedge funds have also bought and sold shares of the company. Strategic Equity Management bought a new position in RTX during the second quarter worth $245,000. Northcape Wealth Management LLC bought a new position in RTX during the 2nd quarter worth $3,839,000. Edmond DE Rothschild Holding S.A. bought a new position in RTX during the 2nd quarter worth $8,028,000. Strathmore Capital Advisors Inc. acquired a new stake in RTX in the second quarter worth $578,000. Finally, United Bank acquired a new position in shares of RTX during the second quarter valued at $2,609,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the company's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the transaction, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Troy D. Brunk sold 8,557 shares of the business's stock in a transaction 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 transaction, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is owned by corporate insiders.

RTX Price Performance

NYSE:RTX opened at $220.48 on Thursday. 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 business's 50-day moving average price is $202.63 and its 200 day moving average price is $195.34. RTX Corporation has a 52-week low of $150.61 and a 52-week high of $226.88. The firm has a market cap of $297.16 billion, a P/E ratio of 38.82, a PEG ratio of 2.68 and a beta of 0.29.

RTX (NYSE:RTX - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating analysts' consensus estimates of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. During the same quarter in the prior year, the firm earned $1.56 EPS. The company'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. As a group, 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. Stockholders 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 payout ratio is currently 51.41%.

Analyst Ratings Changes

A number of analysts recently weighed in on RTX shares. Citigroup reaffirmed a "buy" rating on shares of RTX in a report on Wednesday, June 17th. Dbs Bank raised shares of RTX from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, June 10th. Robert W. Baird set a $240.00 target price on shares of RTX in a research report on Friday, July 24th. Susquehanna raised their price target on shares of RTX from $235.00 to $245.00 and gave the company a "positive" rating in a research note on Friday, July 24th. Finally, Argus set a $245.00 price target on RTX in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $228.59.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense unit, won a roughly $22.9 billion U.S. Navy Tomahawk missile contract spanning seven years. The agreement is expected to increase production to more than 1,000 missiles annually, providing substantial long-term revenue visibility and supporting RTX’s defense backlog. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: The contract follows RTX’s better-than-expected second-quarter results: adjusted EPS was $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS outlook of $7.10–$7.25 and continued dividend growth reinforce the company’s favorable operating momentum. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Industry research projects growth in the commercial aircraft inflight entertainment and connectivity market, including opportunities in Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed among the key participants, but the report does not announce a specific contract or material financial impact for the company. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
• Negative Sentiment: RTX Executive Vice President Ramsaran Maharajh sold 13,655 shares for approximately $3.06 million, reducing his holdings by 50.88%. Although executive sales do not necessarily signal deteriorating fundamentals, the transaction can weigh on sentiment when the stock is near its recent high. Ramsaran Maharajh Insider Trading
• Negative Sentiment: Recent commentary notes that RTX shares have outperformed significantly and trade at a demanding valuation—approximately 39 times earnings—leaving less room for disappointment. Some investors may therefore be locking in gains or favoring other industrial and defense opportunities.
• Neutral Sentiment: Articles about modified GeForce RTX 3080 and RTX 50-series graphics cards concern NVIDIA hardware, not RTX Corporation, and should not affect RTX stock.

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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