Infrastructure Capital Advisors LLC Makes New Investment in RTX Corporation $RTX

Key Points

• Infrastructure Capital Advisors LLC acquired 12,428 RTX shares worth approximately $2.36 million during the second quarter. Institutional investors collectively own 86.5% of RTX.
• RTX reported quarterly EPS of $1.89, beating estimates of $1.66, while revenue rose 14.5% year over year to $24.71 billion. The company guided to fiscal 2026 EPS of $7.10–$7.25.
• RTX declared a quarterly dividend of $0.73 per share, equivalent to a $2.92 annualized payout and a 1.4% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $228.59, although insiders sold $6.36 million of stock over the past quarter.

Infrastructure Capital Advisors LLC purchased a new stake in RTX Corporation (NYSE:RTX - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 12,428 shares of the company's stock, valued at approximately $2,358,000.

Several other large investors also recently made changes to their positions in the stock. Milestone Asset Management Group LLC lifted its position in shares of RTX by 34.7% in the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company's stock worth $5,504,000 after purchasing an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC bought a new stake in RTX during the 4th quarter worth about $2,308,000. Truist Financial Corp lifted its position in 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 buying an additional 53,045 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of RTX by 5.1% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 212,944 shares of the company's stock worth $39,054,000 after buying an additional 10,426 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of RTX by 206.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 178,360 shares of the company's stock valued at $32,711,000 after acquiring an additional 120,094 shares in the last quarter. Institutional investors own 86.50% of the company's stock.

Insider Transactions at RTX

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the business's stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 value of $1,799,451.53. Following the sale, the insider directly owned 8,809 shares of the company's stock, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 29,222 shares of company stock worth $6,362,003 over the last quarter. Company insiders own 0.10% of the company's stock.

RTX Trading Up 0.2%

RTX stock opened at $210.36 on Monday. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. The stock has a market cap of $283.51 billion, a price-to-earnings ratio of 37.04, a price-to-earnings-growth ratio of 2.50 and a beta of 0.29. The company has a fifty day moving average price of $203.73 and a two-hundred day moving average price of $195.49. 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 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.23. The company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company's revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities analysts anticipate that RTX Corporation will post 7.22 EPS for the current year.

RTX Dividend Announcement

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

RTX News Summary

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.

Analyst Ratings Changes

Several research firms recently issued reports on RTX. UBS Group upped their target price on RTX from $198.00 to $215.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Argus set a $245.00 price objective on RTX in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $238.00 target price on shares of RTX in a report on Monday, July 27th. Royal Bank Of Canada increased their price target on shares of RTX from $230.00 to $250.00 and gave the company an "outperform" rating in a research note on Friday, July 24th. Finally, Robert W. Baird set a $240.00 price objective on shares of RTX 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 assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $228.59.

About RTX

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source