Bell Investment Advisors Inc Takes $1.39 Million Position in RTX Corporation $RTX

Key Points

• Bell Investment Advisors bought 7,328 RTX shares worth approximately $1.39 million in the second quarter, while institutional investors collectively own 86.5% of the company.
• RTX reported stronger-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 also reaffirmed fiscal 2026 EPS guidance of $7.10–$7.25 and declared a quarterly dividend of $0.73.
• Defense demand remains a potential growth driver after the Pentagon announced agreements with Boeing and RTX to increase missile-interceptor component production. However, RTX trades near its 12-month high at a P/E of about 39, while recent insider sales and valuation concerns present risks.

Bell Investment Advisors Inc purchased a new stake in RTX Corporation (NYSE:RTX - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,328 shares of the company's stock, valued at approximately $1,390,000. RTX comprises about 0.2% of Bell Investment Advisors Inc's investment portfolio, making the stock its 23rd biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Navalign LLC purchased a new stake in RTX in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of RTX during the 4th quarter worth $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX during the 4th quarter worth $31,000. 1 North Wealth Services LLC boosted its position 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 valued at $31,000 after acquiring an additional 137 shares during the last quarter. Finally, Evergreen Advisors LLC purchased a new stake in shares of RTX in the first quarter valued at about $31,000. Hedge funds and other institutional investors own 86.50% of the company's stock.

Key Headlines Impacting 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

Insider Activity at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the firm's stock in a transaction 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 completion of 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 transaction 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 the firm's stock in a transaction 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 transaction, the vice president owned 20,099 shares of the company's stock, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 15,567 shares of company stock valued at $3,304,375 in the last quarter. 0.10% of the stock is owned by insiders.

RTX Trading Down 0.0%

NYSE RTX opened at $222.88 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The stock 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 firm's 50-day moving average is $200.02 and its two-hundred day moving average is $194.87. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88.

RTX (NYSE:RTX - Get Free Report) last announced 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. The business had revenue of $24.71 billion during the quarter, compared to analysts' expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business's revenue for the quarter was up 14.5% on a year-over-year basis. During the same period last year, the business earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, sell-side analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX's dividend payout ratio (DPR) is 51.41%.

Wall Street Analyst Weigh In

RTX has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $238.00 price objective on shares of RTX in a research report on Monday, July 27th. Wall Street Zen cut shares of RTX from a "strong-buy" rating to a "buy" rating in a research note on Sunday, April 26th. Argus set a $245.00 price target on shares of RTX in a report on Thursday, July 30th. Weiss Ratings lowered shares of RTX from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. Finally, Sanford C. Bernstein upped their price objective on RTX from $213.00 to $232.00 and gave the company a "market perform" rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $228.59.

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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