Meeder Advisory Services Inc. Takes Position in RTX Corporation $RTX

Key Points

• Meeder Advisory Services acquired 32,900 RTX shares worth approximately $6.24 million in the second quarter, while institutional investors collectively own 86.5% of the company.
• RTX reported stronger-than-expected quarterly results, with EPS of $1.89 versus the $1.66 consensus and revenue up 14.5% year over year to $24.71 billion. Management guided to 2026 adjusted EPS of $7.10–$7.25.
• Analysts remain broadly positive, assigning RTX a “Moderate Buy” consensus and an average price target of $228.59; however, the stock trades near its 52-week high at a relatively elevated valuation of about 40 times trailing earnings.

Meeder Advisory Services Inc. bought a new position in shares of RTX Corporation (NYSE:RTX - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 32,900 shares of the company's stock, valued at approximately $6,242,000.

Several other large investors have also recently bought and sold shares of RTX. Navalign LLC acquired a new stake in RTX during the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX in the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC acquired a new position in RTX in the 4th quarter valued at $31,000. 1 North Wealth Services LLC raised its stake in 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 in the last quarter. Finally, Evergreen Advisors LLC bought a new stake in shares of RTX during the 1st quarter worth approximately $31,000. 86.50% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Weiss Ratings lowered RTX from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. Susquehanna increased their target price on shares of RTX from $235.00 to $245.00 and gave the stock a "positive" rating in a research note on Friday, July 24th. Royal Bank Of Canada boosted their target price on RTX from $230.00 to $250.00 and gave the company an "outperform" rating in a research report on Friday, July 24th. TD Cowen boosted their price objective on RTX from $225.00 to $240.00 and gave the company a "buy" rating in a report on Monday, July 27th. Finally, UBS Group lifted their price target on shares of RTX from $198.00 to $215.00 and gave the company a "neutral" rating 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 issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $228.59.

RTX Trading Up 1.8%

Shares of RTX stock opened at $225.73 on Wednesday. The company has a market capitalization of $304.22 billion, a price-to-earnings ratio of 39.74, a PEG ratio of 2.65 and a beta of 0.29. 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 company has a 50-day simple moving average of $201.77 and a two-hundred day simple moving average of $195.20. RTX Corporation has a 52-week low of $150.61 and a 52-week high of $226.88.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same quarter last year, the business posted $1.56 EPS. RTX'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. Research analysts anticipate that RTX Corporation will post 7.22 EPS for the current fiscal 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 issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. RTX's dividend payout ratio (DPR) is presently 51.41%.

Insider Buying and Selling at RTX

In related news, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction 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 owned 8,809 shares in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the business's stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $213.62, for a total value of $1,016,831.20. Following the transaction, the vice president owned 22,349 shares of the company's stock, valued at approximately $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 15,567 shares of company stock worth $3,304,375. Insiders own 0.10% of the company's stock.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon division won a roughly $22.9 billion, seven-year U.S. Navy contract to accelerate Tomahawk cruise-missile production. Annual output is expected to rise from approximately 60 missiles to more than 1,000, creating significant long-term revenue visibility and improving factory utilization. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The award reinforces broader U.S. efforts to replenish precision-munitions inventories and follows a recent $745 million missile-defense interceptor order, strengthening expectations for sustained defense demand. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: RTX’s latest quarterly performance also exceeded expectations: adjusted EPS was $1.89 versus a $1.66 consensus, while revenue grew 14.5% year over year to $24.71 billion. Management raised 2026 adjusted EPS guidance to $7.10–$7.25 and projected revenue of $95–$96 billion. Commercial aviation aftermarket demand provides an additional growth driver. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Analysts remain generally constructive, with a Moderate Buy consensus and an average price target near $228.59, but the shares are already close to their 52-week high and have outperformed substantially over the past year.
• Negative Sentiment: Valuation is the principal concern. RTX trades at approximately 40 times trailing earnings and about 31 times forward earnings, while its six-month return has lagged the S&P 500. Investors must also monitor execution, supplier constraints and liquidity as the company ramps missile production; its quick ratio is 0.78.

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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