RTX Corporation $RTX Stock Position Raised by QRG Capital Management Inc.

Key Points

• QRG Capital Management increased its RTX position by 18.5% in the second quarter, adding 35,269 shares to hold 226,195 shares valued at approximately $42.9 million. Institutional investors collectively own 86.5% of RTX.
• RTX reported strong quarterly results, with earnings of $1.89 per share and revenue of $24.71 billion, surpassing estimates; revenue rose 14.5% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $228.06.
• RTX shares recently traded at $192.24, while the company pays a quarterly dividend of $0.73, yielding about 1.5%. Several insiders sold shares in recent months, including two executives who significantly reduced their holdings.

QRG Capital Management Inc. grew its position in shares of RTX Corporation (NYSE:RTX - Free Report) by 18.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 226,195 shares of the company's stock after buying an additional 35,269 shares during the quarter. QRG Capital Management Inc.'s holdings in RTX were worth $42,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Commonwealth Retirement Investments LLC bought a new position in RTX during the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC acquired a new stake in RTX in the fourth quarter valued at approximately $31,000. 1 North Wealth Services LLC grew its position in RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company's stock worth $31,000 after acquiring an additional 137 shares in the last quarter. Evergreen Advisors LLC bought a new stake in RTX in the first quarter worth approximately $31,000. Finally, Signature Resources Capital Management LLC increased its stake in shares of RTX by 111.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 184 shares of the company's stock worth $36,000 after purchasing an additional 97 shares during the last quarter. Institutional investors own 86.50% of the company's stock.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX formed an alliance with Xcimer Energy to explore pulsed-laser and fusion technologies for potential future directed-energy defense systems. The opportunity is long term and speculative, but it reinforces RTX’s positioning in advanced defense technology. RTX also named Jill Albertelli as the incoming president of Pratt & Whitney, providing a planned leadership transition at a key business. What Could RTX Fusion Laser Push And Pratt Leadership Change Mean?
• Positive Sentiment: A defense analysis warning that the U.S. is running low on critical weapons highlights potential replenishment demand for contractors such as RTX. This could support the company’s defense backlog, though actual revenue benefits depend on future government awards and production capacity. US Running Low on the 2 Weapons It Would Need Most
• Neutral Sentiment: Sanford C. Bernstein lowered its RTX price target to $223 from $232 while maintaining a “market perform” rating. The reduced target is a modest negative signal, but it still implies substantial potential upside from the reference price and does not represent a bearish rating change.
• Neutral Sentiment: Zacks articles have increased investor attention around RTX and cite its growth characteristics and recent earnings strength. However, these are largely educational or screening-focused pieces rather than new fundamental catalysts. RTX’s latest reported quarter exceeded earnings and revenue expectations, with revenue up 14.5% year over year.
• Negative Sentiment: A report that Iran may reopen the Strait of Hormuz triggered a broader decline in aerospace and defense shares, including RTX, as investors reassessed geopolitical risk and near-term defense demand. The pressure appears sector-wide rather than tied to a new RTX-specific operational problem. Defense Stocks Fall While Oil Slides on Hormuz Reopening Report

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $238.00 price target on shares of RTX in a report on Monday, July 27th. Argus set a $245.00 price objective on shares of RTX in a report on Thursday, July 30th. Citigroup reissued a "buy" rating on shares of RTX in a research report on Wednesday, June 17th. Royal Bank Of Canada raised their target price on RTX from $230.00 to $250.00 and gave the company an "outperform" rating in a report on Friday, July 24th. Finally, Weiss Ratings raised RTX from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $228.06.

RTX Stock Performance

RTX stock traded up $1.25 during midday trading on Wednesday, hitting $192.24. 4,219,845 shares of the company traded hands, compared to its average volume of 5,437,536. RTX Corporation has a twelve month low of $155.64 and a twelve month high of $226.88. The stock has a market capitalization of $259.09 billion, a price-to-earnings ratio of 33.84, a price-to-earnings-growth ratio of 2.50 and a beta of 0.29. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The business has a 50 day simple moving average of $208.07 and a 200-day simple moving average of $195.48.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $24.71 billion during the quarter, compared to analysts' expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. RTX's revenue for the quarter was up 14.5% on a year-over-year basis. During the same period 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 research analysts predict that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th were given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, August 14th. RTX's dividend payout ratio (DPR) is currently 51.41%.

Insider Activity

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction that occurred on 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 sale, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. This represents a 50.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Troy D. Brunk sold 8,557 shares of the firm's stock in a transaction that occurred 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 directly owned 8,809 shares in the company, valued at $1,852,444.61. This trade represents a 49.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by insiders.

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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