The Manufacturers Life Insurance Company Trims Stake in RTX Corporation $RTX

The Manufacturers Life Insurance Company lessened its holdings in RTX Corporation (NYSE:RTX) by 3.4% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 760,603 shares of the company’s stock after selling 27,177 shares during the period. The Manufacturers Life Insurance Company’s holdings in RTX were worth $144,309,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of RTX. Montz Harcus Wealth Management LLC increased its position in shares of RTX by 3.2% during the 2nd quarter. Montz Harcus Wealth Management LLC now owns 1,641 shares of the company’s stock worth $311,000 after purchasing an additional 51 shares during the last quarter. Schulhoff & Co. Inc. boosted its stake in RTX by 1.7% during the fourth quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock worth $585,000 after buying an additional 52 shares during the period. Sunbeam Capital Management LLC boosted its stake in RTX by 1.6% during the fourth quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock worth $620,000 after buying an additional 53 shares during the period. Safeguard Investment Advisory Group LLC increased its position in shares of RTX by 2.4% during the second quarter. Safeguard Investment Advisory Group LLC now owns 2,269 shares of the company’s stock valued at $430,000 after acquiring an additional 53 shares during the last quarter. Finally, Sequent Planning LLC increased its position in shares of RTX by 1.6% during the fourth quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock valued at $617,000 after acquiring an additional 54 shares during the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Morgan Stanley restated an “overweight” rating and issued a $240.00 price objective on shares of RTX in a report on Friday, July 24th. Sanford C. Bernstein lifted their target price on shares of RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a report on Monday, August 3rd. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. Royal Bank Of Canada upped their price target on RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Finally, UBS Group raised their price target on RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, RTX presently has a consensus rating of “Moderate Buy” and a consensus price target of $228.59.

RTX Price Performance

Shares of NYSE RTX opened at $197.66 on Friday. 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 has a market cap of $266.40 billion, a price-to-earnings ratio of 34.80, a price-to-earnings-growth ratio of 2.55 and a beta of 0.29. The stock’s 50-day moving average is $208.44 and its two-hundred day moving average is $195.96. RTX Corporation has a 1-year low of $155.64 and a 1-year high of $226.88.

RTX (NYSE:RTX) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. During the same quarter last year, the business posted $1.56 EPS. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts forecast that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Friday, August 14th were paid a $0.73 dividend. 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 payout ratio is currently 51.41%.

RTX News Roundup

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.

Insider Buying and Selling

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the transaction, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. The trade was a 50.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the sale, the vice president directly owned 22,349 shares in the company, valued at approximately $4,774,193.38. This represents a 17.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 29,222 shares of company stock worth $6,362,003 over the last 90 days. 0.10% of the stock is owned by insiders.

RTX Profile

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.