Vertrix Wealth Management LLC Makes New Investment in RTX Corporation $RTX

Key Points

• Vertrix Wealth Management initiated a position in RTX during the second quarter, purchasing 5,359 shares valued at approximately $1.02 million. Institutional investors collectively own 86.5% of the company.
• RTX reported a strong latest quarter, with earnings of $1.89 per share and revenue of $24.71 billion, surpassing estimates; revenue rose 14.5% year over year. The company maintained fiscal 2026 EPS guidance of $7.10–$7.25.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $228.59, while RTX announced a quarterly dividend of $0.73 per share. However, company insiders sold 15,567 shares worth about $3.3 million over the past 90 days.

Vertrix Wealth Management LLC bought a new stake in shares of RTX Corporation (NYSE:RTX - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,359 shares of the company's stock, valued at approximately $1,017,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Navalign LLC acquired a new stake in RTX in the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX in the 4th quarter worth about $26,000. Evergreen Advisors LLC bought a new stake in RTX in the 1st quarter valued at about $31,000. Core Wealth Advisors LLC acquired a new position in RTX during the 4th quarter valued at about $31,000. Finally, 1 North Wealth Services LLC grew its position in RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company's stock worth $31,000 after purchasing an additional 137 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company's stock.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense subsidiary, installed the first SPY-6(V)4 radar array at the U.S. Navy’s Wallops Island test site. The milestone begins testing for a program intended to modernize aging Flight IIA destroyers. Successful testing and subsequent fleet adoption could support RTX’s defense backlog and long-term revenue visibility. RTX Delivers First SPY-6(V)4 Radar Array for Navy Destroyer Upgrade
• Positive Sentiment: Market coverage continues to characterize RTX as a strong momentum stock following its recent share-price performance. That sentiment may attract momentum-focused investors, though the stock’s elevated valuation means continued execution is important. What Makes RTX a Strong Momentum Stock

Analysts Set New Price Targets

RTX has been the subject of a number of recent analyst reports. Wall Street Zen lowered RTX from a "strong-buy" rating to a "buy" rating in a report on Sunday, April 26th. Weiss Ratings raised RTX from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, July 24th. Susquehanna lifted their price objective on shares of RTX from $235.00 to $245.00 and gave the company a "positive" rating in a research note on Friday, July 24th. Dbs Bank upgraded shares of RTX from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, June 10th. Finally, Argus set a $245.00 price target on shares of RTX in a research report on Thursday, July 30th. One 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $228.59.

Insider Activity at RTX

In related news, insider Troy D. Brunk sold 8,557 shares of RTX 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 $1,852,444.61. The trade was a 49.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 value of $1,016,831.20. Following the sale, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. This trade represents a 17.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 15,567 shares of company stock worth $3,304,375. 0.10% of the stock is currently owned by company insiders.

RTX Stock Performance

Shares of RTX stock opened at $223.03 on Monday. The business has a fifty day simple moving average of $195.40 and a 200-day simple moving average of $193.93. The firm has a market cap of $300.59 billion, a price-to-earnings ratio of 39.27, a price-to-earnings-growth ratio of 2.66 and a beta of 0.29. RTX Corporation has a fifty-two week low of $150.61 and a fifty-two week high of $225.65. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm had revenue of $24.71 billion for the quarter, compared to analysts' expectations of $22.89 billion. During the same period in the previous year, the business earned $1.56 earnings per share. RTX's revenue for the quarter was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities analysts forecast that RTX Corporation will post 7.21 EPS for the current fiscal year.

RTX Announces Dividend

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

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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