Bridgewater Advisors Inc. Makes New $2.01 Million Investment in RTX Corporation $RTX

Key Points

• Bridgewater Advisors purchased 9,272 RTX shares worth approximately $2.01 million in the second quarter, while institutional investors collectively own 86.5% of the company.
• RTX reported quarterly earnings of $1.89 per share, beating estimates of $1.66, while revenue rose 14.5% year over year to $24.71 billion. The company maintained fiscal 2026 EPS guidance of $7.10–$7.25.
• Analysts hold a generally positive view, with a consensus “Moderate Buy” rating and a $228.59 price target; however, RTX trades near its 52-week high at a relatively elevated P/E ratio of 39.24. The company also declared a quarterly dividend of $0.73 per share.

Bridgewater Advisors Inc. purchased a new stake in shares of RTX Corporation (NYSE:RTX - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,272 shares of the company's stock, valued at approximately $2,009,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of RTX. Navalign LLC bought a new stake in RTX in the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX in the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX in the fourth quarter worth $31,000. 1 North Wealth Services LLC increased its stake in shares of 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 buying an additional 137 shares during the period. Finally, Evergreen Advisors LLC bought a new stake in RTX during the 1st quarter valued at $31,000. Institutional investors own 86.50% of the company's stock.

Insider Activity at RTX

In related news, 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 sale, the insider directly owned 8,809 shares in the company, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Kevin G. Dasilva sold 2,250 shares of the 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 completion of the transaction, the vice president owned 20,099 shares of the company's stock, valued at approximately $4,360,076.07. This trade represents a 10.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 15,567 shares of company stock worth $3,304,375 over the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Key Stories 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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Erste Group Bank lowered shares of RTX from a "buy" rating to a "hold" rating in a report on Monday, April 27th. Sanford C. Bernstein increased their target price on shares of RTX from $213.00 to $232.00 and gave the stock a "market perform" rating in a report on Monday, August 3rd. Dbs Bank raised RTX from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, June 10th. Royal Bank Of Canada boosted their price target on RTX from $230.00 to $250.00 and gave the company an "outperform" rating in a report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $238.00 price target on shares of RTX in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $228.59.

RTX Price Performance

Shares of NYSE RTX opened at $222.88 on Friday. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88. The stock has a market capitalization of $300.38 billion, a P/E ratio of 39.24, a P/E/G ratio of 2.65 and a beta of 0.29. The company's 50-day moving average is $200.02 and its 200 day moving average is $194.86. 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 issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 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 business had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same period last year, the business posted $1.56 earnings per share. RTX'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, sell-side analysts expect that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, August 14th. 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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