Evolve Private Wealth LLC Takes Position in RTX Corporation $RTX

Key Points

• Evolve Private Wealth LLC acquired 4,801 RTX shares worth approximately $911,000 in the second quarter, while institutional investors overall own 86.5% of the company.
• RTX reported quarterly adjusted EPS of $1.89, exceeding estimates of $1.66, while revenue rose 14.5% year over year to $24.71 billion. The company also issued fiscal 2026 EPS guidance of $7.10–$7.25 and declared a quarterly dividend of $0.73 per share.
• Analysts maintain a broadly positive view, with a consensus “Moderate Buy” rating and an average price target of $228.59. However, insiders have sold shares recently, including an executive sale of 13,655 shares for about $3.06 million, and RTX’s elevated valuation could increase sensitivity to execution disappointments.

Evolve Private Wealth LLC acquired a new position in shares of RTX Corporation (NYSE:RTX - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,801 shares of the company's stock, valued at approximately $911,000.

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

Insider Activity at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction on Tuesday, August 18th. The stock was 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 $2,952,161.28. The trade was a 50.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Kevin G. Dasilva sold 2,250 shares of the company's stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the sale, the vice president directly owned 20,099 shares of the company's stock, valued at $4,360,076.07. The trade was a 10.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,222 shares of company stock worth $6,362,003 in the last three months. 0.10% of the stock is owned by company insiders.

Analyst Ratings Changes

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

RTX Trading Up 0.2%

RTX stock opened at $210.36 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The firm's 50-day moving average is $203.73 and its 200-day moving average is $195.49. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88. The company has a market cap of $283.51 billion, a P/E ratio of 37.04, a PEG ratio of 2.50 and a beta of 0.29.

RTX (NYSE:RTX - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.66 by $0.23. The business 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 business's quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities analysts expect that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. RTX's dividend payout ratio (DPR) is presently 51.41%.

Key Stories Impacting RTX

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.

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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