Benjamin Edwards Inc. Buys 44,900 Shares of RTX Corporation $RTX

Key Points

• Benjamin Edwards Inc. increased its RTX stake by 58.4% in the second quarter, purchasing 44,900 additional shares for a total of 121,834 shares valued at $23.1 million. Institutional investors collectively own 86.5% of RTX.
• RTX reported quarterly adjusted earnings of $1.89 per share, beating estimates by $0.23, while revenue rose 14.5% year over year to $24.71 billion. The company issued fiscal 2026 EPS guidance of $7.10–$7.25.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $228.59, while RTX announced a quarterly dividend of $0.73 per share, equivalent to a 1.4% annual yield.

Benjamin Edwards Inc. increased its holdings in RTX Corporation (NYSE:RTX - Free Report) by 58.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 121,834 shares of the company's stock after purchasing an additional 44,900 shares during the period. Benjamin Edwards Inc.'s holdings in RTX were worth $23,117,000 at the end of the most recent quarter.

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

RTX Stock Performance

NYSE RTX opened at $211.97 on Friday. The company has a market capitalization of $285.68 billion, a PE ratio of 37.32, a P/E/G ratio of 2.52 and a beta of 0.29. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88. The company has a fifty day moving average of $206.15 and a two-hundred day moving average of $195.94. 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 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. The firm had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The firm's revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, analysts expect that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX's dividend payout ratio (DPR) is 51.41%.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon won a $22.9 billion, seven-year U.S. military contract to accelerate Tomahawk missile production from roughly 60 to 1,000 missiles annually. The award materially expands RTX’s backlog and visibility, while highlighting sustained demand to replenish U.S. and allied weapons inventories. Is RTX Undervalued As Its $22.9 Billion Missile Contract Expands Backlog?
• Positive Sentiment: Raytheon completed a $50 million expansion of its Forest, Mississippi, facility. The 17,000-square-foot addition is intended to increase production of electronic-warfare and radar systems and is expected to create 100 high-skilled jobs by 2028, supporting RTX’s ability to fulfill growing defense orders. RTX’s Raytheon Completes $50 Million Expansion of Mississippi Manufacturing Facility
• Positive Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation for RTX. This provides continued analyst support following the company’s latest earnings beat, in which revenue rose 14.5% year over year and earnings exceeded consensus estimates. RTX Receives Consensus Recommendation of Moderate Buy
• Neutral Sentiment: Recent coverage comparing RTX with Rolls-Royce and the broader aerospace sector indicates that RTX has delivered strong performance this year, including an approximately 18% 90-day gain and 13% year-to-date increase. The comparison reinforces momentum but does not represent a new company catalyst. Are Aerospace Stocks Lagging RTX Corporation This Year?
• Neutral Sentiment: Most other articles concern NVIDIA’s GeForce RTX graphics cards, DLSS software, gaming PCs, or unrelated companies. Those reports do not materially affect RTX Corporation’s aerospace and defense operations or its stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $238.00 price objective on shares of RTX in a report on Monday, July 27th. Jefferies Financial Group set a $250.00 price target on shares of RTX in a research note on Sunday, July 26th. Weiss Ratings raised RTX from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday. Argus set a $245.00 price target on shares of RTX in a research note on Thursday, July 30th. Finally, UBS Group boosted their price objective on RTX from $198.00 to $215.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. One 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. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $228.59.

Insider Transactions at RTX

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the firm'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 transaction of $3,057,627.60. Following the sale, the executive vice president owned 13,184 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of the firm's stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the sale, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. This represents a 17.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 29,222 shares of company stock valued at $6,362,003 over the last three months. 0.10% of the stock is currently owned by insiders.

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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