Johnson Financial Group Inc. Makes New $1.72 Million Investment in RTX Corporation $RTX

Key Points

• Johnson Financial Group purchased 9,037 RTX shares worth approximately $1.72 million in the second quarter, while institutional investors overall own 86.5% of the company.
• RTX reported stronger-than-expected quarterly results, with adjusted EPS of $1.89 and revenue of $24.71 billion, up 14.5% year over year. The company also received a roughly $22.9 billion U.S. Navy Tomahawk missile contract, supporting its long-term defense backlog.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $228.59, but insiders have sold shares recently and RTX trades at a relatively high valuation of about 39 times earnings. The company declared a quarterly dividend of $0.73 per share, yielding approximately 1.3%.

Johnson Financial Group Inc. bought a new position in shares of RTX Corporation (NYSE:RTX - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,037 shares of the company's stock, valued at approximately $1,715,000.

Other institutional investors have also recently made changes to their positions in the company. Navalign LLC bought a new stake in RTX in the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX during the 4th quarter worth about $26,000. Core Wealth Advisors LLC acquired a new stake in RTX in the 4th quarter valued at $31,000. 1 North Wealth Services LLC lifted its stake in RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company's stock valued at $31,000 after acquiring an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC purchased a new position in shares of RTX in the 1st quarter worth approximately $31,000. Institutional investors own 86.50% of the company's stock.

Insider Transactions at RTX

In other news, VP Kevin G. Dasilva sold 4,760 shares of the company's 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 directly owned 22,349 shares of the company's stock, valued at approximately $4,774,193.38. This represents a 17.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the company's stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $210.29, for a total value of $1,799,451.53. Following the transaction, the insider directly owned 8,809 shares in the company, valued at $1,852,444.61. This represents a 49.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 29,222 shares of company stock valued at $6,362,003. Corporate insiders own 0.10% of the company's stock.

Analyst Upgrades and Downgrades

RTX has been the topic of several recent research reports. Argus set a $245.00 target price on RTX in a research report on Thursday, July 30th. Royal Bank Of Canada increased their target price on RTX from $230.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday, July 24th. Robert W. Baird set a $240.00 price objective on shares of RTX in a research report on Friday, July 24th. Susquehanna raised their target price on shares of RTX from $235.00 to $245.00 and gave the stock a "positive" rating in a report on Friday, July 24th. Finally, Citigroup reaffirmed a "buy" rating on shares of RTX in a research note on Wednesday, June 17th. 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. According to MarketBeat.com, RTX has a consensus rating of "Moderate Buy" and an average price target of $228.59.

RTX Stock Down 2.2%

Shares of NYSE:RTX opened at $220.48 on Thursday. The business's 50 day moving average is $202.63 and its 200 day moving average is $195.34. The stock has a market cap of $297.16 billion, a P/E ratio of 38.82, a price-to-earnings-growth ratio of 2.68 and a beta of 0.29. RTX Corporation has a 52-week low of $150.61 and a 52-week high of $226.88. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47.

RTX (NYSE:RTX - Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported $1.89 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 for the quarter, compared to the consensus estimate of $22.89 billion. During the same quarter last year, the firm posted $1.56 EPS. The company's revenue for the quarter was up 14.5% on a year-over-year basis. 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 disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given 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 1.3%. RTX's payout ratio is presently 51.41%.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense unit, won a roughly $22.9 billion U.S. Navy Tomahawk missile contract spanning seven years. The agreement is expected to increase production to more than 1,000 missiles annually, providing substantial long-term revenue visibility and supporting RTX’s defense backlog. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: The contract follows RTX’s better-than-expected second-quarter results: adjusted EPS was $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS outlook of $7.10–$7.25 and continued dividend growth reinforce the company’s favorable operating momentum. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Industry research projects growth in the commercial aircraft inflight entertainment and connectivity market, including opportunities in Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed among the key participants, but the report does not announce a specific contract or material financial impact for the company. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
• Negative Sentiment: RTX Executive Vice President Ramsaran Maharajh sold 13,655 shares for approximately $3.06 million, reducing his holdings by 50.88%. Although executive sales do not necessarily signal deteriorating fundamentals, the transaction can weigh on sentiment when the stock is near its recent high. Ramsaran Maharajh Insider Trading
• Negative Sentiment: Recent commentary notes that RTX shares have outperformed significantly and trade at a demanding valuation—approximately 39 times earnings—leaving less room for disappointment. Some investors may therefore be locking in gains or favoring other industrial and defense opportunities.
• Neutral Sentiment: Articles about modified GeForce RTX 3080 and RTX 50-series graphics cards concern NVIDIA hardware, not RTX Corporation, and should not affect RTX stock.

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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