Northcape Wealth Management LLC Invests $3.84 Million in RTX Corporation $RTX

Northcape Wealth Management LLC purchased a new stake in RTX Corporation (NYSE:RTX - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 20,233 shares of the company's stock, valued at approximately $3,839,000.

Other large investors have also made changes to their positions in the company. World Investment Advisors raised its position in shares of RTX by 8.7% during the fourth quarter. World Investment Advisors now owns 62,448 shares of the company's stock worth $11,453,000 after purchasing an additional 5,020 shares during the period. Milestone Asset Management Group LLC grew its position in shares of RTX by 34.7% in the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company's stock valued at $5,504,000 after purchasing an additional 7,738 shares during the period. New Age Alpha Advisors LLC bought a new stake in RTX during the 4th quarter worth approximately $2,308,000. Truist Financial Corp increased its stake in RTX by 2.3% during the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company's stock worth $424,575,000 after purchasing an additional 53,045 shares in the last quarter. Finally, Wealth Science Advisors LLC acquired a new stake in RTX during the 4th quarter worth approximately $1,439,000. Institutional investors own 86.50% of the company's stock.

Insider Activity at RTX

In other RTX news, insider Troy D. Brunk sold 8,557 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 8,809 shares in the company, valued at $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Kevin G. Dasilva sold 2,250 shares of the business's stock in a transaction that occurred on 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 in the company, valued at $4,360,076.07. This trade represents a 10.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by insiders.

RTX Stock Down 2.2%

Shares of RTX stock opened at $220.48 on Thursday. The firm has a market cap of $297.16 billion, a PE ratio of 38.82, a P/E/G ratio of 2.68 and a beta of 0.29. The business's 50 day simple moving average is $202.63 and its 200 day simple moving average is $195.34. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. 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 released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 13.99% and a net margin of 8.28%.The business's revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, analysts predict that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Announces Dividend

The business also recently disclosed 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 1.3%. RTX's dividend payout ratio (DPR) is presently 51.41%.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense unit, won a roughly $22.9 billion U.S. Navy Tomahawk missile contract spanning seven years. The agreement is expected to increase production to more than 1,000 missiles annually, providing substantial long-term revenue visibility and supporting RTX’s defense backlog. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: The contract follows RTX’s better-than-expected second-quarter results: adjusted EPS was $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS outlook of $7.10–$7.25 and continued dividend growth reinforce the company’s favorable operating momentum. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Industry research projects growth in the commercial aircraft inflight entertainment and connectivity market, including opportunities in Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed among the key participants, but the report does not announce a specific contract or material financial impact for the company. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
• Negative Sentiment: RTX Executive Vice President Ramsaran Maharajh sold 13,655 shares for approximately $3.06 million, reducing his holdings by 50.88%. Although executive sales do not necessarily signal deteriorating fundamentals, the transaction can weigh on sentiment when the stock is near its recent high. Ramsaran Maharajh Insider Trading
• Negative Sentiment: Recent commentary notes that RTX shares have outperformed significantly and trade at a demanding valuation—approximately 39 times earnings—leaving less room for disappointment. Some investors may therefore be locking in gains or favoring other industrial and defense opportunities.
• Neutral Sentiment: Articles about modified GeForce RTX 3080 and RTX 50-series graphics cards concern NVIDIA hardware, not RTX Corporation, and should not affect RTX stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on RTX. Wall Street Zen lowered shares of RTX from a "strong-buy" rating to a "buy" rating in a research note on Sunday, April 26th. Royal Bank Of Canada increased their price objective on shares of RTX from $230.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday, July 24th. TD Cowen raised their price objective on shares of RTX from $225.00 to $240.00 and gave the stock a "buy" rating in a report on Monday, July 27th. Argus set a $245.00 price objective on shares of RTX in a research report on Thursday, July 30th. Finally, Citigroup reaffirmed a "buy" rating on shares of RTX in a research note on Wednesday, June 17th. One investment 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 stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $228.59.

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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