Whalen Wealth Management Inc. Invests $2.26 Million in RTX Corporation $RTX

Whalen Wealth Management Inc. bought a new stake in RTX Corporation (NYSE:RTX - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,898 shares of the company's stock, valued at approximately $2,257,000. RTX accounts for 1.0% of Whalen Wealth Management Inc.'s portfolio, making the stock its 20th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of RTX. Fortress Financial Group LLC acquired a new position in shares of RTX during the 2nd quarter worth approximately $358,000. Navalign LLC bought a new position in shares of RTX during the fourth quarter worth approximately $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX in the fourth quarter valued at approximately $26,000. Evergreen Advisors LLC bought a new stake in shares of RTX in the first quarter valued at approximately $31,000. Finally, Core Wealth Advisors LLC bought a new stake in shares of RTX in the fourth quarter valued at approximately $31,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at RTX

In other RTX news, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction dated 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 owned 8,809 shares in the company, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Kevin G. Dasilva sold 2,250 shares of RTX 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 owned 20,099 shares in the company, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 29,222 shares of company stock valued at $6,362,003 over the last ninety days. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

RTX has been the topic of a number of recent research reports. Sanford C. Bernstein raised their price objective on RTX from $213.00 to $232.00 and gave the stock a "market perform" rating in a research note on Monday, August 3rd. Robert W. Baird set a $240.00 target price on RTX in a research report on Friday, July 24th. Morgan Stanley reissued an "overweight" rating and set a $240.00 target price on shares of RTX in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $238.00 price target on shares of RTX in a research note on Monday, July 27th. Finally, Wells Fargo & Company upped their price objective on shares of RTX from $200.00 to $230.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. One 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $228.59.

RTX Stock Performance

Shares of NYSE:RTX opened at $209.22 on Tuesday. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88. The stock has a market capitalization of $281.97 billion, a price-to-earnings ratio of 36.83, a price-to-earnings-growth ratio of 2.50 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The company's 50 day simple moving average is $204.25 and its 200 day simple moving average is $195.53.

RTX (NYSE:RTX - Get Free Report) last released 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 firm had revenue of $24.71 billion during 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 company's quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the prior 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 predict that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Announces Dividend

The firm also recently disclosed 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 1.4%. The ex-dividend date is 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: Collins Aerospace, an RTX business, completed altitude testing of its Enhanced Power and Cooling System (EPACS). The testing validated performance in high-altitude conditions and supports greater cooling capacity for advanced mission systems on the F-35, as well as potential future defense and commercial aircraft. The milestone reinforces RTX’s role in upgrading the F-35 platform, although it does not by itself indicate an immediate revenue or earnings change. RTX Collins Aerospace EPACS altitude testing announcement
• Neutral Sentiment: A sector comparison of GE Aerospace, Boeing and RTX says aerospace and defense leaders have outperformed their broader sector basket in 2026. The article may support continued investor interest in RTX, but it provides no new company guidance, contract award or operational update. Aerospace and defense stock performance comparison
• Neutral Sentiment: Multiple articles discuss Acer gaming laptops, NVIDIA GeForce RTX 50-series graphics cards, RTX 5090 pricing and gaming benchmarks. These stories concern NVIDIA’s products—not RTX Corporation—and therefore should not materially affect RTX shares.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source