MJP Associates Inc. ADV Purchases Shares of 10,318 RTX Corporation $RTX

Key Points

• MJP Associates Inc. ADV acquired 10,318 RTX shares worth approximately $1.96 million during the second quarter. Institutional investors collectively own 86.5% of RTX.
• RTX reported stronger-than-expected quarterly results, with $1.89 in EPS and $24.71 billion in revenue, up 14.5% year over year. The company maintained fiscal 2026 EPS guidance of $7.10–$7.25 and announced a quarterly dividend of $0.73 per share.
• Analysts remain broadly positive, giving RTX a “Moderate Buy” consensus rating and an average price target of $228.59. However, the stock trades near its 52-week high at a relatively elevated valuation, while recent insider selling could weigh on sentiment.

MJP Associates Inc. ADV acquired a new stake in shares of RTX Corporation (NYSE:RTX - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,318 shares of the company's stock, valued at approximately $1,958,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company's stock worth $22,922,464,000 after acquiring an additional 2,210,950 shares in the last quarter. BlackRock Inc. acquired a new stake in RTX in the second quarter valued at approximately $20,970,571,000. State Street Corp increased its holdings in shares of RTX by 0.7% during the fourth quarter. State Street Corp now owns 91,884,588 shares of the company's stock valued at $16,851,633,000 after acquiring an additional 630,558 shares in the last quarter. Morgan Stanley raised its position in shares of RTX by 0.4% during the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company's stock worth $5,462,310,000 after purchasing an additional 105,069 shares during the period. Finally, Fisher Asset Management LLC raised its position in shares of RTX by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company's stock worth $3,998,155,000 after purchasing an additional 625,994 shares during the period. Institutional investors own 86.50% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on RTX shares. Argus set a $245.00 price target on shares of RTX in a research report on Thursday, July 30th. Jefferies Financial Group set a $250.00 price objective on shares of RTX in a report on Sunday, July 26th. UBS Group raised their price objective on shares of RTX from $198.00 to $215.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. Dbs Bank upgraded shares of RTX from a "hold" rating to a "moderate buy" rating in a report on Wednesday, June 10th. Finally, Morgan Stanley reissued an "overweight" rating and set a $240.00 target price on shares of RTX in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $228.59.

RTX Stock Down 3.5%

Shares of NYSE:RTX opened at $212.62 on Friday. The business's 50 day moving average is $203.20 and its 200 day moving average is $195.42. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $226.88. The stock has a market cap of $286.56 billion, a price-to-earnings ratio of 37.43, a PEG ratio of 2.62 and a beta of 0.29. 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 released its quarterly 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 return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same period in the prior year, the firm 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. On average, sell-side analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be issued a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. RTX's dividend payout ratio is currently 51.41%.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy contract for Tomahawk cruise missiles. The agreement is expected to support production of more than 1,000 missiles annually, strengthening RTX’s defense backlog, revenue visibility and long-term cash-flow prospects. Investors May Respond to RTX Winning a $22.9 Billion Tomahawk Deal
• Positive Sentiment: The contract complements RTX’s stronger-than-expected second-quarter results. Adjusted EPS was $1.89 versus the $1.66 consensus, revenue reached $24.71 billion—up 14.5% year over year—and management raised or reaffirmed fiscal 2026 EPS guidance at $7.10–$7.25 while continuing dividend growth. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
• Neutral Sentiment: Industry research projects growth in commercial aircraft inflight entertainment and connectivity, including Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed as a participant, but the report does not identify a new contract or quantify a near-term financial benefit. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
• Neutral Sentiment: Articles concerning GeForce RTX graphics cards, path-traced GTA 4 and comparisons with the PlayStation 5 relate to NVIDIA’s gaming hardware, not RTX Corporation, and have no meaningful effect on NYSE: RTX.
• Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by 50.88%. The sale may weigh on sentiment, although it does not by itself indicate weakening fundamentals. RTX EVP Sells 13,655 Shares
• Negative Sentiment: RTX trades near its 52-week high at a relatively rich valuation—about 37 times earnings based on the supplied market data. After the defense-contract and earnings rally, elevated expectations leave the stock vulnerable to profit-taking, even though analysts retain a broadly positive consensus.

Insider Activity

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the company's stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the sale, the vice president directly owned 20,099 shares of the company's stock, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction dated 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 sale, the insider owned 8,809 shares of the company's stock, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their position. 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. Insiders own 0.10% of the company's stock.

RTX 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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