Cornerstone Advisors LLC Acquires New Position in RTX Corporation $RTX

Cornerstone Advisors LLC acquired a new position in shares of RTX Corporation (NYSE:RTX) in the 2nd quarter, HoldingsChannel reports. The firm acquired 90,538 shares of the company’s stock, valued at approximately $17,178,000.

A number of other institutional investors also recently bought and sold shares of the company. Alpha Cubed Investments LLC boosted its holdings in RTX by 0.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock valued at $2,700,000 after purchasing an additional 50 shares during the last quarter. Schulhoff & Co. Inc. increased its holdings in shares of RTX by 1.7% during the 4th 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 last quarter. Purus Wealth Management LLC raised its position in shares of RTX by 0.4% during the 4th quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock valued at $2,700,000 after buying an additional 53 shares during the period. Sunbeam Capital Management LLC raised its position in shares of RTX by 1.6% during the 4th quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock valued at $620,000 after buying an additional 53 shares during the period. Finally, Sequent Planning LLC lifted its holdings in RTX by 1.6% in 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 owned by hedge funds and other institutional investors.

Insider Buying and Selling at RTX

In other RTX news, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction dated Tuesday, July 28th. The stock was 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 directly owned 20,099 shares of the company’s stock, valued at $4,360,076.07. The trade was a 10.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following 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 sold a total of 15,567 shares of company stock worth $3,304,375 in the last quarter. Company insiders own 0.10% of the company’s stock.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon won a $22.9 billion, seven-year Tomahawk missile contract from the U.S. Navy. The agreement is intended to sharply expand annual production from approximately 60 missiles to more than 1,000, creating significant multi-year visibility for RTX’s defense business. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The contract supports the Pentagon’s effort to replenish critical munitions and follows heavy Tomahawk usage in military operations. Investors view the award as evidence of sustained government demand and a potential catalyst for RTX’s defense growth. The US military is paying RTX’s Raytheon more for Tomahawk missiles
• Positive Sentiment: RTX’s latest quarterly results provide additional support: earnings per share reached $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS guidance of $7.10–$7.25 remains broadly consistent with analyst expectations.
• Neutral Sentiment: The contract is strategically significant, but its effect on near-term earnings will depend on production execution, capacity expansion, costs and the timing of deliveries. RTX also trades at a relatively elevated valuation, with a reported P/E near 39.
• Neutral Sentiment: Several other articles concern Nvidia GeForce RTX graphics cards, laptops or unrelated technology promotions rather than RTX Corporation. They do not materially affect the company’s investment outlook. Esports Hotel Thieves Caught Swapping Out RTX 5080 GPUs for RTX 3060s

Analyst Ratings Changes

Several research analysts recently weighed in on RTX shares. Citigroup reiterated a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. UBS Group increased their price target on RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Finally, TD Cowen boosted their price objective on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $228.59.

RTX Stock Performance

NYSE:RTX opened at $221.87 on Tuesday. RTX Corporation has a fifty-two week low of $150.61 and a fifty-two week high of $226.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The company has a 50 day moving average price of $200.88 and a 200 day moving average price of $195.01. The stock has a market capitalization of $299.03 billion, a P/E ratio of 39.06, a PEG ratio of 2.65 and a beta of 0.29.

RTX (NYSE:RTX) last announced its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same quarter in the previous year, the company earned $1.56 earnings per share. The firm’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. Equities research analysts forecast that RTX Corporation will post 7.22 EPS for the current year.

RTX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s payout ratio is currently 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.