Northstar Financial Companies Inc. Invests $1.39 Million in RTX Corporation $RTX

Key Points

• Northstar Financial Companies initiated a $1.39 million position in RTX by purchasing 7,305 shares, while institutional investors collectively own 86.5% of the company.
• RTX reported quarterly earnings of $1.89 per share and revenue of $24.71 billion, exceeding analyst expectations; revenue increased 14.5% year over year. The company maintained fiscal 2026 EPS guidance of $7.10–$7.25.
• Defense prospects remain positive after the Pentagon announced agreements to increase production of RTX missile-interceptor components, but the stock’s approximately 39 P/E ratio and recent insider selling suggest valuation and execution risks.

Northstar Financial Companies Inc. bought a new stake in RTX Corporation (NYSE:RTX - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 7,305 shares of the company's stock, valued at approximately $1,386,000. RTX comprises 0.9% of Northstar Financial Companies Inc.'s holdings, making the stock its 29th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company's stock valued at $22,922,464,000 after purchasing an additional 2,210,950 shares in the last quarter. State Street Corp lifted its position in RTX by 0.7% during the fourth quarter. State Street Corp now owns 91,884,588 shares of the company's stock worth $16,851,633,000 after buying an additional 630,558 shares in the last quarter. Morgan Stanley boosted its stake in 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 buying an additional 105,069 shares during the last quarter. Fisher Asset Management LLC boosted its stake in 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 buying an additional 625,994 shares during the last quarter. Finally, Norges Bank purchased a new stake in RTX in the 4th quarter valued at $3,167,626,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Troy D. Brunk sold 8,557 shares of RTX 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 completion of the transaction, the insider directly 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Kevin G. Dasilva sold 2,250 shares of the business's stock in a transaction 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 of the company's stock, valued at $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 15,567 shares of company stock worth $3,304,375 in the last ninety days. Corporate insiders own 0.10% of the company's stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

RTX Stock Down 0.0%

Shares of RTX opened at $222.88 on Monday. The company's 50-day simple moving average is $200.02 and its 200-day simple moving average is $194.87. 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 1 year low of $150.61 and a 1 year high of $226.88. The stock has a market capitalization of $300.38 billion, a PE ratio of 39.24, a P/E/G ratio of 2.65 and a beta of 0.29.

RTX (NYSE:RTX - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating analysts' consensus estimates of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm had revenue of $24.71 billion during the quarter, compared to analysts' expectations of $22.89 billion. During the same quarter in the previous year, the business posted $1.56 earnings per share. The business'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. Analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid 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 payout ratio is 51.41%.

Analyst Upgrades and Downgrades

RTX has been the subject of a number of analyst reports. Susquehanna upped their price objective on shares of RTX from $235.00 to $245.00 and gave the company a "positive" rating in a report on Friday, July 24th. Morgan Stanley reissued an "overweight" rating and issued a $240.00 price target on shares of RTX in a research note on Friday, July 24th. Royal Bank Of Canada raised their price target on shares of RTX from $230.00 to $250.00 and gave the stock an "outperform" rating in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $238.00 price objective on shares of RTX in a report on Monday, July 27th. Finally, Dbs Bank upgraded RTX from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, June 10th. One 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 stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $228.59.

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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