88,345 Shares in RTX Corporation $RTX Bought by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC bought a new stake in RTX Corporation (NYSE:RTX) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 88,345 shares of the company’s stock, valued at approximately $16,762,000. RTX comprises about 1.0% of Clear Harbor Asset Management LLC’s investment portfolio, making the stock its 21st largest holding.

A number of other large investors have also added to or reduced their stakes in the company. Milestone Asset Management Group LLC increased its stake in shares of RTX by 34.7% in the fourth quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after acquiring an additional 7,738 shares during the period. New Age Alpha Advisors LLC acquired a new position in RTX during the fourth quarter valued at $2,308,000. Truist Financial Corp boosted its holdings in RTX by 2.3% in the fourth quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock valued at $424,575,000 after purchasing an additional 53,045 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in RTX by 5.1% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 212,944 shares of the company’s stock valued at $39,054,000 after purchasing an additional 10,426 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its position in RTX by 206.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 178,360 shares of the company’s stock worth $32,711,000 after purchasing an additional 120,094 shares during the period. 86.50% of the stock is currently owned by institutional investors.

RTX Stock Down 0.9%

Shares of NYSE RTX opened at $210.36 on Friday. The stock has a market cap of $283.51 billion, a PE ratio of 37.04, a P/E/G ratio of 2.50 and a beta of 0.29. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $226.88. The company has a 50-day moving average of $203.73 and a 200 day moving average of $195.53.

RTX (NYSE:RTX) last released its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business’s revenue was up 14.5% on a year-over-year basis. During the same period last year, the company posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, sell-side analysts predict that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio (DPR) is 51.41%.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The European Commission closed its antitrust investigation into Pratt & Whitney Canada, RTX’s aircraft-engine unit. The decision removes the risk of potential enforcement action, fines or business restrictions tied to the probe. EU closes antitrust probe into RTX’s Pratt & Whitney
• Positive Sentiment: Raytheon secured a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract. The award should improve long-term revenue visibility, support higher production and strengthen RTX’s defense backlog through the 2030s. Can RTX’s Tomahawk Production Ramp-Up Enhance Its Growth Prospects?
• Positive Sentiment: Recent quarterly results also remain supportive: RTX exceeded EPS and revenue expectations, posted 14.5% year-over-year revenue growth and raised confidence in its fiscal 2026 outlook. These results reinforce the company’s ability to convert its backlog into cash-generating programs. How Investors May Respond to RTX Winning a US$22.9 Billion Tomahawk Deal and Raising Guidance
• Neutral Sentiment: Broader market volatility, including concerns about Treasury policy, oil prices and upcoming inflation data, may be contributing to pressure across equities rather than reflecting a change in RTX’s fundamentals.
• Negative Sentiment: Executive Vice President Ramsaran Maharajh sold 13,655 RTX shares for approximately $3.06 million, cutting his direct holdings by about 51%. While the sale may be routine, it can weigh on sentiment when the stock is near its 52-week high. RTX EVP Sells 13,655 Shares
• Negative Sentiment: RTX trades at a demanding earnings multiple after a substantial rally. The valuation leaves less room for execution disappointments and may encourage investors to take profits.

Wall Street Analyst Weigh In

Several research firms recently issued reports on RTX. Jefferies Financial Group set a $250.00 target price on shares of RTX in a research note on Sunday, July 26th. Wells Fargo & Company lifted their price objective on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Argus set a $245.00 price objective on shares of RTX in a research report on Thursday, July 30th. Sanford C. Bernstein increased their target price on shares of RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. Finally, Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $228.59.

Insider Activity

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of the business’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the transaction, the vice president owned 22,349 shares in the company, valued at $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction on 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 directly owned 8,809 shares of the company’s stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is currently owned by company insiders.

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.