MidFirst Bank Takes $868,000 Position in RTX Corporation $RTX

MidFirst Bank bought a new position in shares of RTX Corporation (NYSE:RTX) in the second quarter, Holdings Channel reports. The firm bought 4,575 shares of the company’s stock, valued at approximately $868,000.

Other large investors have also recently added to or reduced their stakes in the company. Navalign LLC acquired a new stake in shares of RTX in the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX during the 4th quarter worth approximately $26,000. Core Wealth Advisors LLC purchased a new position in RTX in the 4th quarter worth approximately $31,000. 1 North Wealth Services LLC grew its position in 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 acquiring an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC acquired a new position in shares of RTX during the first quarter worth $31,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Trading Down 0.5%

NYSE:RTX opened at $221.87 on Tuesday. 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 company has a market cap of $299.03 billion, a PE ratio of 39.06, a P/E/G ratio of 2.65 and a beta of 0.29. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88. The business’s 50 day moving average is $200.88 and its two-hundred day moving average is $195.01.

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, topping the consensus estimate of $1.66 by $0.23. The firm had revenue of $24.71 billion for 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 firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period last year, the business posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, analysts predict that RTX Corporation will post 7.22 EPS for the current year.

RTX Announces Dividend

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

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

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Royal Bank Of Canada upped their target price on shares of RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. TD Cowen boosted their price objective on shares of RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, July 27th. UBS Group upped their price objective on shares of RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $238.00 target price on shares of RTX in a research note on Monday, July 27th. Finally, Citigroup restated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $228.59.

Insider Activity

In related news, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction dated 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 sale, the vice president owned 22,349 shares in the company, valued at $4,774,193.38. This represents a 17.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the firm’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 completion of the transaction, the insider directly owned 8,809 shares in the company, valued at $1,852,444.61. This represents a 49.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 15,567 shares of company stock valued at $3,304,375 over the last ninety days. Company insiders own 0.10% of the company’s stock.

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.