Jones Financial Companies Lllp Makes New $27.69 Million Investment in RTX Corporation $RTX

Key Points

• Jones Financial Companies acquired 145,963 RTX shares during the second quarter, valued at approximately $27.69 million. Institutional investors and hedge funds collectively own 86.5% of RTX.
• RTX exceeded quarterly expectations, reporting $1.89 in EPS and $24.71 billion in revenue, with revenue up 14.5% year over year. The company also declared a quarterly dividend of $0.73 per share, yielding about 1.4% annually.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $228.59; several firms recently raised their targets to between $245 and $250.

Jones Financial Companies Lllp acquired a new position in shares of RTX Corporation (NYSE:RTX - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 145,963 shares of the company's stock, valued at approximately $27,694,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Fortress Financial Group LLC bought a new position in RTX in the 2nd quarter worth approximately $358,000. Navalign LLC bought a new position in RTX in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX in the 4th quarter valued at $26,000. Evergreen Advisors LLC acquired a new position in shares of RTX during the first quarter valued at $31,000. Finally, Core Wealth Advisors LLC acquired a new position in shares of RTX during the fourth quarter valued at $31,000. 86.50% of the stock is owned by institutional investors and hedge funds.

RTX Stock Down 0.3%

Shares of RTX opened at $209.22 on Tuesday. The stock has a market capitalization of $281.97 billion, a PE ratio of 36.83, a P/E/G ratio of 2.50 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 firm's 50 day moving average is $204.25 and its 200-day moving average is $195.53. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88.

RTX (NYSE:RTX - Get Free Report) last announced 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 for the quarter, compared to analysts' expectations of $22.89 billion. During the same period last year, the firm posted $1.56 earnings per share. The firm's quarterly revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities research analysts forecast that RTX Corporation will post 7.22 EPS for the current year.

RTX Announces Dividend

The business 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 $0.73 dividend. 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 dividend payout ratio (DPR) is presently 51.41%.

Insider Activity at RTX

In related news, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total transaction of $488,092.50. Following the sale, the vice president directly owned 20,099 shares of the company's stock, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction that occurred 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 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by insiders.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace, an RTX business, completed altitude testing of its Enhanced Power and Cooling System (EPACS). The testing validated performance in high-altitude conditions and supports greater cooling capacity for advanced mission systems on the F-35, as well as potential future defense and commercial aircraft. The milestone reinforces RTX’s role in upgrading the F-35 platform, although it does not by itself indicate an immediate revenue or earnings change. RTX Collins Aerospace EPACS altitude testing announcement
• Neutral Sentiment: A sector comparison of GE Aerospace, Boeing and RTX says aerospace and defense leaders have outperformed their broader sector basket in 2026. The article may support continued investor interest in RTX, but it provides no new company guidance, contract award or operational update. Aerospace and defense stock performance comparison
• Neutral Sentiment: Multiple articles discuss Acer gaming laptops, NVIDIA GeForce RTX 50-series graphics cards, RTX 5090 pricing and gaming benchmarks. These stories concern NVIDIA’s products—not RTX Corporation—and therefore should not materially affect RTX shares.

Analysts Set New Price Targets

Several research firms have recently issued reports on RTX. Argus set a $245.00 price target on RTX in a research report on Thursday, July 30th. Susquehanna upped their price target on RTX from $235.00 to $245.00 and gave the company a "positive" rating in a research note on Friday, July 24th. 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 report on Friday, July 24th. Citigroup reissued a "buy" rating on shares of RTX in a research note on Wednesday, June 17th. Finally, Wells Fargo & Company upped their target price on shares of RTX from $200.00 to $230.00 and gave the company an "equal weight" rating in a research note on Friday, July 24th. 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 issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $228.59.

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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