RTX Corporation $RTX Shares Sold by HighTower Advisors LLC

Key Points

• HighTower Advisors reduced its RTX position by 6.2%, selling 110,754 shares and retaining 1.67 million shares valued at approximately $316.2 million. Institutional investors collectively own 86.5% of RTX.
• Analyst sentiment remains favorable: RTX has a consensus “Moderate Buy” rating and an average price target of $228.59, above its reported share price of $200.75.
• RTX exceeded quarterly expectations with earnings of $1.89 per share and revenue of $24.71 billion, while revenue rose 14.5% year over year. The company also pays a quarterly dividend of $0.73 per share, representing a 1.5% yield.

HighTower Advisors LLC cut its position in RTX Corporation (NYSE:RTX - Free Report) by 6.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,666,680 shares of the company's stock after selling 110,754 shares during the quarter. HighTower Advisors LLC owned about 0.12% of RTX worth $316,219,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. New Age Alpha Advisors LLC acquired a new position in RTX in the 4th quarter valued at approximately $2,308,000. Vanguard Personalized Indexing Management LLC boosted its stake in shares of RTX by 5.1% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 212,944 shares of the company's stock valued at $39,054,000 after buying an additional 10,426 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of RTX by 206.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 178,360 shares of the company's stock valued at $32,711,000 after acquiring an additional 120,094 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in shares of RTX by 63.2% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 33,877 shares of the company's stock worth $6,535,000 after acquiring an additional 13,118 shares in the last quarter. Finally, Rokos Capital Management LLP boosted its position in RTX by 804.3% during the first quarter. Rokos Capital Management LLP now owns 556,152 shares of the company's stock valued at $107,265,000 after purchasing an additional 494,652 shares during the last quarter. Institutional investors own 86.50% of the company's stock.

Analyst Upgrades and Downgrades

RTX has been the subject of a number of recent research reports. TD Cowen raised their price target on RTX from $225.00 to $240.00 and gave the stock a "buy" rating in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $238.00 target price on shares of RTX in a research report on Monday, July 27th. UBS Group increased their price target on shares of RTX from $198.00 to $215.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. Citigroup reissued a "buy" rating on shares of RTX in a research report on Wednesday, June 17th. Finally, Sanford C. Bernstein increased their price objective on RTX from $213.00 to $232.00 and gave the company a "market perform" rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, RTX presently has a consensus rating of "Moderate Buy" and an average price target of $228.59.

Insider Transactions at RTX

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of the business's stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the transaction, the vice president directly owned 20,099 shares of the company's stock, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the company's 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 transaction, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. This represents a 49.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 29,222 shares of company stock valued at $6,362,003. Corporate insiders own 0.10% of the company's stock.

RTX Price Performance

Shares of RTX stock opened at $200.75 on Monday. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88. The company has a market capitalization of $270.56 billion, a P/E ratio of 35.34, a P/E/G ratio of 2.59 and a beta of 0.29. The stock has a 50 day moving average of $207.91 and a two-hundred day moving average of $196.10. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47.

RTX (NYSE:RTX - Get Free Report) last posted 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 for 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 revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities analysts expect that RTX Corporation will post 7.22 EPS for the current year.

RTX Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th were paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, August 14th. RTX's dividend payout ratio is currently 51.41%.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Pratt & Whitney is expanding production capacity. The RTX business is investing $25 million to expand its precision-parts facility in Niepołomice, Poland. The project is expected to be operational in 2028, add more than 120 jobs, and support rising demand for commercial and military engines. RTX Pratt & Whitney Poland expansion
• Positive Sentiment: Defense demand remains a key tailwind. Naval modernization contracts and RTX’s substantial backlog are viewed as supporting longer-term revenue visibility, potentially offering investors an attractive entry point following the sector’s pullback. Defense stocks and Navy tailwinds
• Neutral Sentiment: Valuation signals are mixed. A recent analysis found RTX potentially undervalued based on discounted cash flow, while earnings multiples suggest the stock is closer to fair value after a 169.7% five-year advance. That may limit near-term upside unless earnings growth accelerates. RTX valuation analysis
• Positive Sentiment: Analyst sentiment remains favorable. Wall Street commentary continues to highlight optimistic recommendations for RTX, supporting the view that the recent weakness may be a consolidation rather than a change in the long-term outlook. Wall Street outlook for RTX

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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