Lone Peak Global Investors LLC Raises Stake in RTX Corporation $RTX

Key Points

• Lone Peak Global Investors increased its RTX stake by 24.2% in the second quarter, owning 114,561 shares valued at approximately $21.7 million. Institutional investors collectively hold 86.5% of RTX’s outstanding shares.
• 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 maintained 2026 EPS guidance of $7.10–$7.25 and declared a quarterly dividend of $0.73, yielding about 1.4% annually.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $228.59, although RTX trades at a relatively high P/E of 36.07. Recent insider activity was negative, with executives selling 29,222 shares worth approximately $6.36 million over three months.

Lone Peak Global Investors LLC lifted its position in RTX Corporation (NYSE:RTX - Free Report) by 24.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 114,561 shares of the company's stock after purchasing an additional 22,322 shares during the period. RTX comprises 3.0% of Lone Peak Global Investors LLC's portfolio, making the stock its 15th largest holding. Lone Peak Global Investors LLC's holdings in RTX were worth $21,736,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of RTX. Alpha Cubed Investments LLC boosted its stake in shares of RTX by 0.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company's stock worth $2,700,000 after acquiring an additional 50 shares during the period. Schulhoff & Co. Inc. boosted its stake in RTX by 1.7% in the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company's stock worth $585,000 after purchasing an additional 52 shares during the period. Sunbeam Capital Management LLC grew its holdings in RTX by 1.6% during the 4th quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company's stock valued at $620,000 after buying an additional 53 shares in the last quarter. Sequent Planning LLC raised its position in shares of RTX by 1.6% during the fourth quarter. Sequent Planning LLC now owns 3,364 shares of the company's stock valued at $617,000 after buying an additional 54 shares during the last quarter. Finally, Boston Family Office LLC lifted its holdings in shares of RTX by 0.3% in the fourth quarter. Boston Family Office LLC now owns 17,857 shares of the company's stock worth $3,275,000 after buying an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 86.50% of the company's stock.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s reported $289 billion backlog underscores strong long-term demand visibility across its defense and commercial aerospace businesses. The backlog is not entirely equivalent to near-term revenue, but it provides substantial support for future sales and cash flow. RTX's $289 Billion Backlog, Explained
• Positive Sentiment: RTX has outperformed the broader industrial sector over the past year, and analysts remain cautiously optimistic. Its exposure to defense spending and aircraft engine demand may make earnings less sensitive to economic cycles than many industrial peers. RTX Corporation Stock: Is RTX Outperforming the Industrial Sector?
• Positive Sentiment: Chief Executive Chris Calio is scheduled to present at the Morgan Stanley Laguna Conference. Investors may look for updates on the backlog, engine production, defense demand, margins and full-year guidance. RTX Chairman and CEO to Present at the Morgan Stanley 14th Annual Laguna Conference
• Neutral Sentiment: A recent analysis highlights RTX as a potentially defensive dividend stock because its defense exposure can reduce sensitivity to macroeconomic swings. However, the stock’s elevated valuation means investors may require continued earnings and cash-flow growth. Is RTX a Safe Dividend Stock to Buy?
• Negative Sentiment: RTX recently declined more than the broader market. The weakness appears consistent with profit-taking and valuation concerns after a strong run, rather than a newly reported deterioration in operating results. Here's Why RTX Fell More Than the Broader Market

Insiders Place Their Bets

In other RTX news, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction 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 $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction on Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the sale, the vice president directly owned 22,349 shares in the company, valued at approximately $4,774,193.38. This represents a 17.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 29,222 shares of company stock valued at $6,362,003 over the last three months. 0.10% of the stock is owned by company insiders.

RTX Stock Down 1.4%

Shares of NYSE RTX opened at $204.85 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $226.88. The firm's 50-day moving average price is $207.04 and its 200-day moving average price is $196.09. The stock has a market capitalization of $276.09 billion, a price-to-earnings ratio of 36.07, a P/E/G ratio of 2.47 and a beta of 0.29.

RTX (NYSE:RTX - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company's revenue for the quarter was up 14.5% on a year-over-year basis. During the same period last year, the company earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities research analysts anticipate that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Dbs Bank upgraded shares of RTX from a "hold" rating to a "moderate buy" rating in a report on Wednesday, June 10th. Susquehanna raised their price objective on RTX from $235.00 to $245.00 and gave the company a "positive" rating in a research report on Friday, July 24th. TD Cowen lifted their target price on RTX from $225.00 to $240.00 and gave the stock a "buy" rating in a report on Monday, July 27th. Citigroup reiterated a "buy" rating on shares of RTX in a research report on Wednesday, June 17th. Finally, UBS Group increased their price target on RTX from $198.00 to $215.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, RTX currently has an average rating of "Moderate Buy" and an average price target 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.

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