RTX Corporation $RTX Shares Sold by The Manufacturers Life Insurance Company

Key Points

• The Manufacturers Life Insurance Company reduced its RTX stake by 3.4%, selling 27,177 shares and retaining 760,603 shares valued at approximately $144.3 million. Institutional investors collectively own 86.5% of RTX.
• RTX exceeded quarterly expectations, reporting $1.89 in EPS versus the $1.66 consensus estimate and $24.71 billion in revenue, up 14.5% year over year. The company maintained fiscal 2026 EPS guidance of $7.10–$7.25.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $228.59, while RTX pays a quarterly dividend of $0.73 per share, yielding about 1.5% annually.

The Manufacturers Life Insurance Company trimmed its position in shares of RTX Corporation (NYSE:RTX - Free Report) by 3.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 760,603 shares of the company's stock after selling 27,177 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.06% of RTX worth $144,309,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its stake in shares of RTX by 18,899.0% in the 2nd quarter. California State Teachers Retirement System now owns 389,832,160 shares of the company's stock valued at $73,962,856,000 after purchasing an additional 387,780,302 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of RTX in the second quarter valued at approximately $20,970,571,000. State Street Corp raised its stake in shares of RTX by 0.7% during the 4th 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 during the period. Morgan Stanley lifted its position in shares of RTX by 0.4% during the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company's stock valued at $5,462,310,000 after buying an additional 105,069 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in RTX by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company's stock valued at $3,998,155,000 after acquiring an additional 625,994 shares during the period. Institutional investors and hedge funds own 86.50% of the company's stock.

RTX Stock Down 0.2%

RTX stock opened at $197.66 on Friday. The company has a market cap of $266.40 billion, a price-to-earnings ratio of 34.80, a PEG ratio of 2.55 and a beta of 0.29. 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 Corporation has a 12 month low of $155.64 and a 12 month high of $226.88. The firm has a 50-day moving average of $208.44 and a two-hundred day moving average of $195.96.

RTX (NYSE:RTX - Get Free Report) last issued its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.23. The business had revenue of $24.71 billion for the quarter, compared to analysts' expectations of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The business's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, analysts forecast 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 was paid on Thursday, September 3rd. Investors of record on Friday, August 14th were given a dividend of $0.73 per share. The ex-dividend date was Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.5%. RTX's dividend payout ratio (DPR) is presently 51.41%.

Analyst Ratings Changes

RTX has been the subject of a number of research analyst reports. Sanford C. Bernstein upped their price objective on shares of RTX from $213.00 to $232.00 and gave the stock a "market perform" rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $238.00 price target on shares of RTX in a research report on Monday, July 27th. Weiss Ratings raised shares of RTX from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, August 25th. Morgan Stanley reiterated an "overweight" rating and issued a $240.00 price objective on shares of RTX in a report on Friday, July 24th. Finally, Susquehanna boosted their price objective on RTX from $235.00 to $245.00 and gave the stock a "positive" rating in a research note on Friday, July 24th. 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 given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $228.59.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Investment in laser-fusion technology expands defense optionality. RTX Ventures made a minority investment in Xcimer Energy and signed a teaming agreement to explore integrating Xcimer’s pulsed-laser technology into RTX defense systems. The initiative could strengthen RTX’s directed-energy capabilities and create longer-term opportunities in advanced military systems. RTX Partners With and Invests in Xcimer Energy to Develop Advanced Directed Energy Technology
• Positive Sentiment: Pratt & Whitney’s GTF aftermarket opportunity remains a key growth driver. Analysts highlighted the expanding installed base of GTF engines, Pratt & Whitney’s growing global support network and ongoing engine upgrades. A larger aftermarket business could generate recurring, higher-margin revenue over time and help offset some of the program’s earlier operational challenges. Can RTX’s GTF Aftermarket Expansion Boost Its Growth Outlook?
• Neutral Sentiment: Investor focus remains high, but no new earnings catalyst was reported. RTX was identified as one of the stocks attracting substantial investor attention. The company’s latest reported quarter showed earnings and revenue above consensus, with revenue up year over year, while full-year 2026 guidance remains the key benchmark for future price performance. RTX Corporation Is Attracting Investor Attention
• Negative Sentiment: Near-term upside may be limited by valuation and the lack of an immediate financial impact. The Xcimer investment and GTF expansion are strategic, longer-term developments rather than announcements of incremental contracts, revenue or earnings. With RTX trading at a premium earnings multiple, investors may be taking profits or waiting for clearer evidence that growth initiatives will accelerate results.

Insiders Place Their Bets

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of the business's 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 transaction, the vice president owned 22,349 shares of the company's stock, valued at approximately $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Troy 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 completion of the sale, the insider owned 8,809 shares of the company's stock, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 29,222 shares of company stock valued at $6,362,003. Insiders own 0.10% of the company's stock.

About RTX

RTX Corporation NYSE: RTX is an aerospace and defense company that develops and manufactures systems, products and services for commercial aviation, business aviation and government customers. Its offerings include aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, radar, air and missile defense systems, precision weapons and cybersecurity solutions.

The company operates through three principal businesses: Collins Aerospace, which provides aerospace systems and components; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance services; and Raytheon, which develops integrated defense systems, sensors, missiles and other mission technologies.

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