Flputnam Investment Management Co. Sells 4,515 Shares of RTX Corporation $RTX

Flputnam Investment Management Co. lowered its holdings in shares of RTX Corporation (NYSE:RTX) by 6.6% during the second quarter, Holdings Channel reports. The firm owned 63,695 shares of the company’s stock after selling 4,515 shares during the period. Flputnam Investment Management Co.’s holdings in RTX were worth $12,085,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of RTX. Cookson Peirce & Co. Inc. acquired a new position in RTX during the second quarter worth $222,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of RTX by 2.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 563,777 shares of the company’s stock worth $106,965,000 after buying an additional 10,907 shares during the last quarter. Cullinan Associates Inc. boosted its stake in shares of RTX by 0.6% during the 2nd quarter. Cullinan Associates Inc. now owns 15,558 shares of the company’s stock worth $2,952,000 after acquiring an additional 100 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of RTX by 5.0% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock worth $1,649,501,000 after acquiring an additional 411,356 shares in the last quarter. Finally, Mufg Securities Americas Inc. increased its holdings in shares of RTX by 9.2% during the 2nd quarter. Mufg Securities Americas Inc. now owns 40,560 shares of the company’s stock valued at $7,695,000 after acquiring an additional 3,426 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors.

RTX Price Performance

NYSE:RTX opened at $211.97 on Friday. The stock has a market cap of $285.68 billion, a P/E ratio of 37.32, a PEG ratio of 2.52 and a beta of 0.29. RTX Corporation has a one year low of $150.61 and a one year high of $226.88. The company has a fifty day moving average price of $206.15 and a 200 day moving average price of $195.94. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78.

RTX (NYSE:RTX) last posted 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 company had revenue of $24.71 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts anticipate that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX’s payout ratio is currently 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 U.S. military contract to accelerate Tomahawk missile production from roughly 60 to 1,000 missiles annually. The award materially expands RTX’s backlog and visibility, while highlighting sustained demand to replenish U.S. and allied weapons inventories. Is RTX Undervalued As Its $22.9 Billion Missile Contract Expands Backlog?
• Positive Sentiment: Raytheon completed a $50 million expansion of its Forest, Mississippi, facility. The 17,000-square-foot addition is intended to increase production of electronic-warfare and radar systems and is expected to create 100 high-skilled jobs by 2028, supporting RTX’s ability to fulfill growing defense orders. RTX’s Raytheon Completes $50 Million Expansion of Mississippi Manufacturing Facility
• Positive Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation for RTX. This provides continued analyst support following the company’s latest earnings beat, in which revenue rose 14.5% year over year and earnings exceeded consensus estimates. RTX Receives Consensus Recommendation of Moderate Buy
• Neutral Sentiment: Recent coverage comparing RTX with Rolls-Royce and the broader aerospace sector indicates that RTX has delivered strong performance this year, including an approximately 18% 90-day gain and 13% year-to-date increase. The comparison reinforces momentum but does not represent a new company catalyst. Are Aerospace Stocks Lagging RTX Corporation This Year?
• Neutral Sentiment: Most other articles concern NVIDIA’s GeForce RTX graphics cards, DLSS software, gaming PCs, or unrelated companies. Those reports do not materially affect RTX Corporation’s aerospace and defense operations or its stock.

Insider Buying and Selling at RTX

In other news, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction that occurred on 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 directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the company’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 of the company’s stock, valued at $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 29,222 shares of company stock valued at $6,362,003 in the last quarter. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on RTX. Sanford C. Bernstein raised their price objective on RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a research note on Monday, August 3rd. Royal Bank Of Canada lifted their target price on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Weiss Ratings upgraded shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday. TD Cowen raised their price target on RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Finally, Susquehanna lifted their price objective on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research note on Friday, July 24th. One investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat, RTX has a consensus rating of “Moderate Buy” and a consensus price target of $228.59.

RTX Company 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.