Montchanin Asset Management LLC Takes $1 Million Position in RTX Corporation $RTX

Key Points

• Montchanin Asset Management initiated a roughly $1.0 million position in RTX during the first quarter, while institutional investors collectively own 86.5% of the company.
• RTX reported a strong quarter, with revenue rising 14.5% year over year to $24.71 billion and EPS of $1.89 beating estimates. The company issued fiscal 2026 EPS guidance of $7.10–$7.25 and recently secured a nearly $1.3 billion Pratt & Whitney F135 sustainment contract.
• Analysts maintain a generally positive view, giving RTX a consensus “Moderate Buy” rating and an average price target of $226.94. However, recent insider selling and a valuation near 38 times earnings represent potential risks.

Montchanin Asset Management LLC purchased a new position in shares of RTX Corporation (NYSE:RTX - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,203 shares of the company's stock, valued at approximately $1,004,000. RTX comprises 1.0% of Montchanin Asset Management LLC's investment portfolio, making the stock its 25th largest holding.

A number of other hedge funds also recently modified their holdings of RTX. Navalign LLC purchased a new position in RTX in the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC purchased a new stake in RTX in the fourth quarter worth $26,000. Core Wealth Advisors LLC purchased a new stake in RTX in the fourth quarter worth $31,000. 1 North Wealth Services LLC raised its stake in shares of 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 buying an additional 137 shares during the period. Finally, Evergreen Advisors LLC purchased a new position in shares of RTX during the 1st quarter valued at $31,000. Institutional investors own 86.50% of the company's stock.

Insider Buying and Selling at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction dated Friday, July 24th. The stock was 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 in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Kevin G. Dasilva sold 2,250 shares of the business's stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the transaction, the vice president directly owned 20,099 shares of the company's stock, valued at $4,360,076.07. The trade was a 10.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 15,567 shares of company stock valued at $3,304,375 in the last three months. 0.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

RTX has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $238.00 price target on shares of RTX in a research note on Monday. Erste Group Bank cut RTX from a "buy" rating to a "hold" rating in a research note on Monday, April 27th. Wall Street Zen downgraded shares of RTX from a "strong-buy" rating to a "buy" rating in a report on Sunday, April 26th. Morgan Stanley reiterated an "overweight" rating and set a $240.00 target price on shares of RTX in a research report on Friday, July 24th. Finally, Wells Fargo & Company lifted their target price on shares of RTX from $200.00 to $230.00 and gave the stock 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 given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $226.94.

RTX Stock Performance

NYSE RTX opened at $215.58 on Friday. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $221.34. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The stock has a market capitalization of $290.55 billion, a PE ratio of 37.95, a P/E/G ratio of 2.55 and a beta of 0.30. The company's 50 day simple moving average is $191.15 and its two-hundred day simple moving average is $193.19.

RTX (NYSE:RTX - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.66 by $0.23. The firm had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business's quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the firm earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts predict that RTX Corporation will post 7.21 earnings per share for the current fiscal year.

RTX Dividend Announcement

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

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Pratt & Whitney, RTX’s engine business, received a nearly $1.3 billion undefinitized contract for F135 engine spare parts. The award supports sustainment of engines powering all three F-35 Lightning II variants, strengthening RTX’s defense backlog and long-term revenue visibility. RTX's Pratt & Whitney awarded $1.3 billion F135 sustainment contract
• Positive Sentiment: Investor sentiment remains supported by RTX’s latest earnings beat: quarterly revenue rose 14.5% year over year to $24.71 billion, while EPS of $1.89 exceeded consensus by $0.23. Management also raised its full-year 2026 outlook, with guidance of $7.10-$7.25 in EPS, citing a record $289 billion backlog across commercial aftermarket and defense programs. How RTX’s Q2 Beat, Raised Outlook and Record Backlog Will Impact RTX Investors
• Positive Sentiment: Analyst support has improved after the earnings report, with Morgan Stanley raising its RTX price target. RTX is also being highlighted among industrial stocks positioned to benefit from resilient manufacturing, defense demand and infrastructure investment. Morgan Stanley raises RTX stock price target after earnings
• Neutral Sentiment: A comparison of RTX with Redwire frames RTX as the more established company, benefiting from scale, execution and a substantial backlog, while Redwire offers potentially faster sales and earnings growth. The analysis underscores RTX’s steadier profile but also suggests investors should weigh its higher valuation against its growth prospects. RTX vs. Redwire: Which Aerospace & Defense Stock Offers More Upside?
• Negative Sentiment: Reports of insider selling briefly pressured RTX shares, highlighting profit-taking risk after a strong rally toward the stock’s 12-month high. RTX’s valuation—about 38 times earnings—also leaves the stock more sensitive to any disappointment in execution or guidance. RTX shares down following insider selling

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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