D.B. Root & Company LLC Invests $1.22 Million in RTX Corporation $RTX

Key Points

• D.B. Root & Company acquired 6,449 RTX shares worth approximately $1.22 million during the second quarter. 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 also secured a roughly $22.9 billion Tomahawk missile contract and reaffirmed fiscal 2026 EPS guidance of $7.10–$7.25.
• RTX declared a quarterly dividend of $0.73 per share, representing a 1.4% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $228.59, although insiders have recently sold shares and the stock’s valuation remains elevated.

D.B. Root & Company LLC bought a new stake in RTX Corporation (NYSE:RTX - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,449 shares of the company's stock, valued at approximately $1,224,000.

A number of other institutional investors also recently bought and sold shares of RTX. Navalign LLC purchased a new position in shares of RTX during the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC purchased a new position in RTX during the fourth quarter worth approximately $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX during the 4th quarter valued at approximately $31,000. 1 North Wealth Services LLC grew its position 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 valued at $31,000 after purchasing an additional 137 shares during the period. Finally, Evergreen Advisors LLC purchased a new stake in RTX during the 1st quarter worth approximately $31,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

RTX Stock Up 0.2%

Shares of NYSE:RTX opened at $210.36 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. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $226.88. The firm has a fifty day moving average price of $203.73 and a 200 day moving average price of $195.49. The stock has a market cap of $283.51 billion, a P/E ratio of 37.04, a P/E/G ratio of 2.50 and a beta of 0.29.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.23. The firm had revenue of $24.71 billion for the quarter, compared to analysts' expectations of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The firm's revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Sell-side analysts predict that RTX Corporation will post 7.22 EPS for the current year.

RTX Announces Dividend

The company also recently declared 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 is Friday, August 14th. RTX's payout ratio is 51.41%.

RTX News Roundup

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, EVP Ramsaran Maharajh sold 13,655 shares of the business's stock in a transaction dated 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 of the company's stock, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the business'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 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. The SEC filing for this sale provides additional information. In the last three months, insiders sold 29,222 shares of company stock valued at $6,362,003. Corporate insiders own 0.10% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on RTX shares. Morgan Stanley reaffirmed an "overweight" rating and set a $240.00 target price on shares of RTX in a report on Friday, July 24th. UBS Group boosted their price objective on shares of RTX from $198.00 to $215.00 and gave the company a "neutral" rating in a report on Friday, July 24th. Susquehanna upped their price target on RTX from $235.00 to $245.00 and gave the stock a "positive" rating in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $238.00 price objective on shares of RTX in a report on Monday, July 27th. Finally, Royal Bank Of Canada lifted their price objective on RTX from $230.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, July 24th. One 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 given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $228.59.

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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