Patrick Mauro Investment Advisor INC. Purchases Shares of 37,450 RTX Corporation $RTX

Key Points

• Patrick Mauro Investment Advisor acquired 37,450 RTX shares worth approximately $7.1 million, making RTX about 3.6% of its portfolio. Institutional investors collectively own 86.5% of the company.
• RTX reported strong second-quarter results, with adjusted EPS of $1.89 beating estimates of $1.66 and revenue rising 14.5% year over year to $24.71 billion. Raytheon also secured a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract.
• Despite positive analyst sentiment and a consensus price target of $228.59, RTX trades at a relatively demanding valuation of about 39 times earnings; insiders have also sold roughly $6.36 million of stock over the past 90 days.

Patrick Mauro Investment Advisor INC. acquired a new position in RTX Corporation (NYSE:RTX - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 37,450 shares of the company's stock, valued at approximately $7,105,000. RTX accounts for approximately 3.6% of Patrick Mauro Investment Advisor INC.'s portfolio, making the stock its 12th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Navalign LLC bought a new stake in RTX in the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new position in RTX during the fourth quarter worth about $26,000. Core Wealth Advisors LLC acquired a new stake in RTX in the 4th quarter valued at $31,000. 1 North Wealth Services LLC boosted its stake in shares of RTX by 456.7% in the 4th 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 acquired a new position in RTX in the first quarter valued at about $31,000. 86.50% of the stock is currently owned by institutional investors.

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.

RTX Stock Performance

Shares of RTX stock opened at $220.48 on Thursday. The firm has a fifty day moving average of $202.63 and a two-hundred day moving average of $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. The stock has a market capitalization of $297.16 billion, a price-to-earnings ratio of 38.82, a PEG ratio of 2.68 and a beta of 0.29. 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 posted 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 return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same period last year, the company earned $1.56 EPS. The firm's revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities research analysts predict that RTX Corporation will post 7.22 EPS for the current year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a dividend of $0.73 per share. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. RTX's dividend payout ratio (DPR) is 51.41%.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Sanford C. Bernstein increased their target price on RTX from $213.00 to $232.00 and gave the stock a "market perform" rating in a report on Monday, August 3rd. Morgan Stanley reiterated an "overweight" rating and issued a $240.00 price target on shares of RTX in a report on Friday, July 24th. TD Cowen lifted their price objective on RTX from $225.00 to $240.00 and gave the stock a "buy" rating in a research report on Monday, July 27th. Susquehanna boosted their price objective on RTX from $235.00 to $245.00 and gave the stock a "positive" rating in a report on Friday, July 24th. Finally, Citigroup restated a "buy" rating on shares of RTX in a research report on Wednesday, June 17th. One 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $228.59.

Insider Transactions at RTX

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the business's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Kevin G. Dasilva sold 4,760 shares of the company's stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the sale, the vice president directly owned 22,349 shares of the company's stock, valued at $4,774,193.38. The trade was a 17.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is currently owned by company insiders.

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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