Wealthfront Advisers LLC Invests $25.61 Million in RTX Corporation $RTX

Key Points

• Wealthfront Advisers initiated a $25.61 million position in RTX during the second quarter, purchasing 134,983 shares. Institutional investors and hedge funds collectively own 86.5% of the company.
• RTX reported quarterly adjusted EPS of $1.89 and revenue of $24.71 billion, beating expectations, while raising 2026 guidance to $7.10–$7.25 in adjusted EPS. Its Raytheon division also secured a roughly $22.9 billion, seven-year U.S. Navy contract to expand Tomahawk missile production.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $228.59, but valuation is elevated at about 40 times trailing earnings. RTX also announced a quarterly dividend of $0.73 per share, equivalent to a 1.3% yield.

Wealthfront Advisers LLC bought a new position in shares of RTX Corporation (NYSE:RTX - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 134,983 shares of the company's stock, valued at approximately $25,610,000.

Other large investors have also recently bought and sold shares of the company. Navalign LLC acquired a new stake in RTX in the 4th quarter worth $25,000. Commonwealth Retirement Investments LLC acquired a new position in shares of RTX during the fourth quarter valued at about $26,000. Core Wealth Advisors LLC bought a new stake in shares of RTX in the fourth quarter valued at about $31,000. 1 North Wealth Services LLC lifted its stake in shares of RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company's stock valued at $31,000 after buying an additional 137 shares during the period. Finally, Evergreen Advisors LLC acquired a new stake in RTX during the first quarter worth about $31,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

RTX has been the subject of several recent research reports. Citigroup reaffirmed a "buy" rating on shares of RTX in a report on Wednesday, June 17th. Dbs Bank raised RTX from a "hold" rating to a "moderate buy" rating in a report on Wednesday, June 10th. Weiss Ratings cut RTX from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, August 11th. Argus set a $245.00 target price on RTX in a research note on Thursday, July 30th. Finally, UBS Group raised their target price on RTX from $198.00 to $215.00 and gave the stock a "neutral" rating in a research report 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 stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $228.59.

RTX News Summary

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.

RTX Stock Performance

NYSE RTX opened at $225.73 on Wednesday. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88. 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 stock has a market cap of $304.22 billion, a P/E ratio of 39.74, a PEG ratio of 2.65 and a beta of 0.29. The company's 50-day simple moving average is $201.77 and its 200 day simple moving average is $195.20.

RTX (NYSE:RTX - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping analysts' consensus estimates of $1.66 by $0.23. The firm 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%. The company's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter last 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, research analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

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

Insider Activity at RTX

In related 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 value of $1,016,831.20. Following the sale, the vice president owned 22,349 shares of the company's stock, valued at $4,774,193.38. The trade was a 17.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available 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 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 in the company, valued at $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,567 shares of company stock valued at $3,304,375 in the last 90 days. 0.10% of the stock is owned by corporate insiders.

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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