Callan Family Office LLC Purchases New Position in RTX Corporation $RTX

Key Points

• Callan Family Office LLC acquired 114,183 RTX shares in the second quarter, worth approximately $21.7 million. Institutional investors collectively own 86.5% of RTX.
• RTX reported stronger-than-expected quarterly results, with EPS of $1.89 and revenue of $24.71 billion, up 14.5% year over year. The company issued fiscal 2026 EPS guidance of $7.10–$7.25 and pays a quarterly dividend of $0.73, yielding about 1.4%.
• Investor sentiment is supported by a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract and the closure of an EU antitrust investigation, though insider selling and RTX’s elevated valuation remain potential concerns.

Callan Family Office LLC acquired a new position in RTX Corporation (NYSE:RTX - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 114,183 shares of the company's stock, valued at approximately $21,664,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in RTX. Milestone Asset Management Group LLC grew its position in RTX by 34.7% during the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company's stock valued at $5,504,000 after buying an additional 7,738 shares during the period. New Age Alpha Advisors LLC purchased a new position in shares of RTX during the 4th quarter worth $2,308,000. Truist Financial Corp boosted its stake in shares of RTX by 2.3% during the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company's stock worth $424,575,000 after acquiring an additional 53,045 shares during the last quarter. Wealth Science Advisors LLC bought a new stake in shares of RTX during the 4th quarter valued at $1,439,000. Finally, Vanguard Personalized Indexing Management LLC increased its stake in shares of RTX by 5.1% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 212,944 shares of the company's stock worth $39,054,000 after purchasing an additional 10,426 shares in the last quarter. 86.50% of the stock is owned by institutional investors.

RTX Stock Down 0.9%

Shares of RTX stock opened at $210.36 on Friday. 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 Corporation has a one year low of $150.61 and a one year high of $226.88. The company's fifty day moving average price is $203.73 and its 200-day moving average price is $195.53. The company has a market capitalization of $283.51 billion, a price-to-earnings ratio of 37.04, a PEG ratio of 2.53 and a beta of 0.29.

RTX (NYSE:RTX - Get Free Report) last issued its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share 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 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 posted $1.56 EPS. 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. Sell-side analysts expect that RTX Corporation will post 7.22 EPS for the current fiscal 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 $0.73 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.4%. RTX's dividend payout ratio is 51.41%.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The European Commission closed its antitrust investigation into Pratt & Whitney Canada, RTX’s aircraft-engine unit. The decision removes the risk of potential enforcement action, fines or business restrictions tied to the probe. EU closes antitrust probe into RTX's Pratt & Whitney
• Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract. The award should improve long-term revenue visibility, support higher production and strengthen RTX’s defense backlog through the 2030s. Can RTX's Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
• Positive Sentiment: Recent quarterly results also remain supportive: RTX exceeded EPS and revenue expectations, posted 14.5% year-over-year revenue growth and raised confidence in its fiscal 2026 outlook. These results reinforce the company’s ability to convert its backlog into cash-generating programs. How Investors May Respond to RTX Winning a US$22.9 Billion Tomahawk Deal and Raising Guidance
• Neutral Sentiment: Broader market volatility, including concerns about Treasury policy, oil prices and upcoming inflation data, may be contributing to pressure across equities rather than reflecting a change in RTX’s fundamentals.
• Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by about 51%. While the sale may be routine, it can weigh on sentiment when the stock is near its 52-week high. RTX EVP Sells 13,655 Shares
• Negative Sentiment: RTX trades at a demanding earnings multiple after a substantial rally. The valuation leaves less room for execution disappointments and may encourage investors to take profits.

Insider Transactions at RTX

In related news, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction dated 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 sale, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the sale, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. This trade represents a 17.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 29,222 shares of company stock valued at $6,362,003 over the last 90 days. Company insiders own 0.10% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on RTX shares. Susquehanna raised their target price on RTX from $235.00 to $245.00 and gave the stock a "positive" rating in a report on Friday, July 24th. Erste Group Bank lowered RTX from a "buy" rating to a "hold" rating in a report on Monday, April 27th. Robert W. Baird set a $240.00 price target on RTX in a research report on Friday, July 24th. Jefferies Financial Group set a $250.00 price objective on RTX in a research note on Sunday, July 26th. Finally, TD Cowen boosted their price objective on RTX from $225.00 to $240.00 and gave the company a "buy" rating in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $228.59.

RTX Company 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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