Charles Schwab Trust Co Purchases New Holdings in RTX Corporation $RTX

Key Points

• Charles Schwab Trust Co. purchased 5,282 RTX shares during the second quarter, valued at approximately $1.0 million. Institutional investors collectively own 86.5% of RTX.
• RTX reported a quarterly earnings and revenue beat, posting $1.89 in adjusted EPS and $24.71 billion in revenue, up 14.5% year over year. The company issued fiscal 2026 EPS guidance of $7.10–$7.25.
• RTX declared a quarterly dividend of $0.73 per share, equal to a $2.92 annualized payout and a 1.3% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $228.59.

Charles Schwab Trust Co purchased a new position in shares of RTX Corporation (NYSE:RTX - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,282 shares of the company's stock, valued at approximately $1,002,000.

Other hedge funds have also recently added to or reduced their stakes in the company. World Investment Advisors raised its position in RTX by 8.7% during the fourth quarter. World Investment Advisors now owns 62,448 shares of the company's stock valued at $11,453,000 after purchasing an additional 5,020 shares in the last quarter. Milestone Asset Management Group LLC boosted its holdings in shares of RTX by 34.7% in the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company's stock valued at $5,504,000 after purchasing an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC acquired a new stake in shares of RTX in the 4th quarter valued at $2,308,000. Truist Financial Corp increased its stake in shares of RTX by 2.3% in the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company's stock valued at $424,575,000 after purchasing an additional 53,045 shares during the last quarter. Finally, Wealth Science Advisors LLC acquired a new position in shares of RTX during the 4th quarter worth $1,439,000. Institutional investors own 86.50% of the company's stock.

Insider Buying and Selling 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 shares were 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 owned 8,809 shares of the company's stock, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction 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 transaction, the vice president owned 22,349 shares in the company, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 15,567 shares of company stock valued at $3,304,375 in the last ninety days. Insiders own 0.10% of the company's stock.

RTX Stock Performance

NYSE:RTX opened at $223.46 on Tuesday. The stock has a market cap of $301.17 billion, a P/E ratio of 39.34, a price-to-earnings-growth ratio of 2.66 and a beta of 0.29. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The stock's 50-day moving average is $196.38 and its 200-day moving average is $194.12. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $226.88.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 quarter last year, the business earned $1.56 EPS. The firm's quarterly revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities research analysts anticipate that RTX Corporation will post 7.21 earnings per share for the current year.

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be given 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 is 51.41%.

Analyst Ratings Changes

RTX has been the topic of several research analyst reports. Citigroup reaffirmed a "buy" rating on shares of RTX in a research note on Wednesday, June 17th. Royal Bank Of Canada boosted their target price on RTX from $230.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, July 24th. Dbs Bank raised shares of RTX from a "hold" rating to a "moderate buy" rating in a report on Wednesday, June 10th. Morgan Stanley restated an "overweight" rating and issued a $240.00 price target on shares of RTX in a research note on Friday, July 24th. Finally, Erste Group Bank lowered shares of RTX from a "buy" rating to a "hold" rating in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, RTX has a consensus rating of "Moderate Buy" and an average price target of $228.59.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon awarded a $745 million SM-3 contract: RTX’s Raytheon business received a Missile Defense Agency contract to produce and sustain Standard Missile-3 Block IIA interceptors. The award provides additional backlog and revenue visibility while reinforcing RTX’s position in U.S. and allied ballistic-missile defense. RTX's Raytheon awarded $745 million contract for SM-3 IIA interceptors
• Positive Sentiment: New unmanned undersea vehicle demonstrated: Raytheon and Composite Energy Technologies successfully demonstrated undersea launch capabilities for HADALUS, a low-cost, long-endurance autonomous unmanned undersea vehicle. The technology could expand RTX’s exposure to emerging maritime surveillance and defense applications, although the near-term financial impact is not yet quantified. RTX's Raytheon and Composite Energy Technology successfully demonstrate new unmanned undersea vehicle

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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