Transamerica Financial Advisors LLC Trims Stake in RTX Corporation $RTX

Transamerica Financial Advisors LLC lessened its holdings in shares of RTX Corporation (NYSE:RTX) by 52.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,619 shares of the company’s stock after selling 4,002 shares during the period. Transamerica Financial Advisors LLC’s holdings in RTX were worth $687,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in RTX in the second quarter worth $20,970,571,000. Norges Bank bought a new position in shares of RTX in the fourth quarter worth about $3,167,626,000. Auto Owners Insurance Co increased its stake in RTX by 24,730.9% in the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after buying an additional 10,062,269 shares during the period. Bank of New York Mellon Corp bought a new stake in RTX during the 2nd quarter valued at about $1,456,256,000. Finally, Legal & General Group Plc bought a new stake in RTX during the 2nd quarter valued at about $1,267,256,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 2,250 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the sale, the vice president owned 20,099 shares of the company’s stock, 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 sold a total of 29,222 shares of company stock worth $6,362,003 over the last three months. Corporate insiders own 0.10% of the company’s stock.

RTX Trading Up 0.8%

Shares of NYSE:RTX opened at $211.93 on Thursday. The company has a market capitalization of $285.63 billion, a PE ratio of 37.31, 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 business’s fifty day simple moving average is $205.11 and its 200-day simple moving average is $195.73.

RTX (NYSE:RTX) last posted its earnings results 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. The company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities research analysts predict that RTX Corporation will post 7.22 earnings per share 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 given a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. RTX’s dividend payout ratio is presently 51.41%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Argus set a $245.00 target price on shares of RTX in a research note on Thursday, July 30th. UBS Group boosted their price target on RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Jefferies Financial Group set a $250.00 price objective on RTX in a research note on Sunday, July 26th. Susquehanna raised their price objective on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a report on Friday, July 24th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 target price on shares of RTX in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $228.59.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense unit, received a $22.9 billion U.S. military contract to accelerate Tomahawk missile production. The award supports multiyear revenue visibility and reflects the need to replenish depleted U.S. and allied stockpiles. Raytheon’s Missile Windfall: What the Navy’s Record Tomahawk Order Means for RTX Corporation
• Positive Sentiment: Recent analyst commentary highlights a 22% backlog increase to approximately $289 billion, strong defense demand and improving free cash flow. RTX’s latest quarterly results also showed revenue growth, earnings that exceeded expectations and particularly strong performance from Raytheon. RTX Stock Will Keep Rewarding Patient Investors
• Positive Sentiment: Collins Aerospace completed altitude testing of its Enhanced Power and Cooling System for the F-35. Successful testing advances a next-generation system that could support future F-35 upgrades and related aerospace revenue. Why Is RTX Testing Progress Important for Its Next Generation Defense Systems?
• Neutral Sentiment: RTX’s Blue Canyon Technologies introduced a new spacecraft mission-enablement product. The announcement reinforces RTX’s broader space and defense capabilities, although the near-term financial impact was not disclosed. RTX’s Blue Canyon Technologies Introduces New Spacecraft Mission Enabler
• Negative Sentiment: One analyst downgraded RTX, citing its premium valuation alongside rising commercial aerospace maintenance costs. The concerns are important because the stock trades at a high earnings multiple, leaving less room for execution setbacks. RTX Corporation: More Missiles and Higher Commercial Maintenance Trigger Premium Price Tag

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.