Rayburn West Financial Services LLC Invests $3.12 Million in RTX Corporation $RTX

Key Points

• Rayburn West Financial Services initiated a $3.12 million RTX position, purchasing 16,465 shares; RTX now represents 1.7% of its portfolio. Institutional investors own 86.5% of the company.
• Analysts remain broadly positive, giving RTX a consensus “Moderate Buy” rating and an average price target of $228.59. The stock recently traded near its 52-week high, at approximately $225.73.
• RTX reported quarterly adjusted EPS of $1.89 versus the $1.66 consensus, while revenue rose 14.5% year over year to $24.71 billion. The company also declared a quarterly dividend of $0.73 per share and provided fiscal 2026 EPS guidance of $7.10–$7.25.

Rayburn West Financial Services LLC purchased a new position 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. The firm purchased 16,465 shares of the company's stock, valued at approximately $3,124,000. RTX makes up 1.7% of Rayburn West Financial Services LLC's portfolio, making the stock its 21st largest position.

A number of other hedge funds have also added to or reduced their stakes in RTX. World Investment Advisors boosted its holdings in shares of RTX by 8.7% during the 4th quarter. World Investment Advisors now owns 62,448 shares of the company's stock valued at $11,453,000 after acquiring an additional 5,020 shares in the last quarter. Milestone Asset Management Group LLC raised its position in RTX by 34.7% in the fourth 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 last quarter. New Age Alpha Advisors LLC acquired a new stake in shares of RTX during the fourth quarter valued at about $2,308,000. Truist Financial Corp grew its holdings in shares of RTX by 2.3% during the fourth 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 during the last quarter. Finally, Wealth Science Advisors LLC acquired a new position in shares of RTX in the fourth quarter valued at approximately $1,439,000. 86.50% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on RTX shares. Robert W. Baird set a $240.00 price objective on shares of RTX in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $238.00 target price on shares of RTX in a report on Monday, July 27th. Morgan Stanley restated an "overweight" rating and issued a $240.00 price target on shares of RTX in a research report on Friday, July 24th. TD Cowen raised their price target on shares of RTX from $225.00 to $240.00 and gave the company a "buy" rating in a research note on Monday, July 27th. Finally, Sanford C. Bernstein lifted their price target on shares of RTX from $213.00 to $232.00 and gave the stock a "market perform" rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, RTX has a consensus rating of "Moderate Buy" and an average target price of $228.59.

RTX Price Performance

Shares of RTX opened at $225.73 on Wednesday. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88. 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 company has a market capitalization of $304.22 billion, a price-to-earnings ratio of 39.74, a price-to-earnings-growth ratio of 2.65 and a beta of 0.29. The business has a 50-day moving average of $201.77 and a 200-day moving average of $195.20.

RTX (NYSE:RTX - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping 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 company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same period in the previous year, the firm earned $1.56 earnings per share. The firm's quarterly 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 anticipate that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. RTX's payout ratio is 51.41%.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon division won a roughly $22.9 billion, seven-year U.S. Navy contract to accelerate Tomahawk cruise-missile production. Annual output is expected to rise from approximately 60 missiles to more than 1,000, creating significant long-term revenue visibility and improving factory utilization. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The award reinforces broader U.S. efforts to replenish precision-munitions inventories and follows a recent $745 million missile-defense interceptor order, strengthening expectations for sustained defense demand. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: RTX’s latest quarterly performance also exceeded expectations: adjusted EPS was $1.89 versus a $1.66 consensus, while revenue grew 14.5% year over year to $24.71 billion. Management raised 2026 adjusted EPS guidance to $7.10–$7.25 and projected revenue of $95–$96 billion. Commercial aviation aftermarket demand provides an additional growth driver. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Analysts remain generally constructive, with a Moderate Buy consensus and an average price target near $228.59, but the shares are already close to their 52-week high and have outperformed substantially over the past year.
• Negative Sentiment: Valuation is the principal concern. RTX trades at approximately 40 times trailing earnings and about 31 times forward earnings, while its six-month return has lagged the S&P 500. Investors must also monitor execution, supplier constraints and liquidity as the company ramps missile production; its quick ratio is 0.78.

Insider Buying and Selling

In other news, insider Troy D. Brunk sold 8,557 shares of the company's stock in a transaction on Friday, July 24th. The shares were sold at an average price of $210.29, for a total value of $1,799,451.53. Following the sale, the insider directly owned 8,809 shares of the company's stock, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction on Friday, July 24th. The stock was sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the sale, the vice president owned 22,349 shares of the company's stock, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 15,567 shares of company stock worth $3,304,375 in the last 90 days. Corporate insiders own 0.10% of the company's stock.

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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