West Branch Capital LLC decreased its position in RTX Corporation (NYSE:RTX – Free Report) by 63.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,804 shares of the company’s stock after selling 4,829 shares during the quarter. West Branch Capital LLC’s holdings in RTX were worth $532,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of RTX by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after purchasing an additional 2,210,950 shares in the last quarter. State Street Corp boosted its holdings in RTX by 0.7% in the fourth quarter. State Street Corp now owns 91,884,588 shares of the company’s stock worth $16,851,633,000 after purchasing an additional 630,558 shares in the last quarter. Morgan Stanley boosted its holdings in RTX by 0.4% in the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock worth $5,462,310,000 after purchasing an additional 105,069 shares in the last quarter. Fisher Asset Management LLC increased its position in RTX by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock worth $3,998,155,000 after buying an additional 625,994 shares during the last quarter. Finally, Norges Bank bought a new position in RTX during the fourth quarter valued at about $3,167,626,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Several analysts have recently issued reports on RTX shares. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Citigroup reissued a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Morgan Stanley restated an “overweight” rating and issued a $240.00 target price on shares of RTX in a report on Friday, July 24th. Jefferies Financial Group set a $250.00 price target on RTX in a report on Sunday, July 26th. Finally, Dbs Bank raised shares of RTX from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $228.59.

Get Our Latest Stock Report on RTX

In related news, VP Kevin G. Dasilva sold 2,250 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the sale, the vice president owned 20,099 shares in the company, valued at approximately $4,360,076.07. This trade represents a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction dated 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 sale, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 15,567 shares of company stock worth $3,304,375 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Here are the key news stories impacting RTX this week:

• Positive Sentiment: New $472 million Chinook contract: Collins Aerospace won a U.S. Army award worth up to $472 million to provide engineering services for the modernization and sustainment of the CH-47 Chinook helicopter fleet. The contract reinforces RTX’s defense backlog and supports recurring services revenue. RTX’s Collins Aerospace to support modernization of U.S. Army’s Chinook helicopters
• Positive Sentiment: $745 million missile-defense award: Raytheon received a Missile Defense Agency contract to produce and sustain SM-3 Block IIA interceptors. The award strengthens RTX’s position in missile defense and adds visibility to future defense sales. RTX’s Raytheon awarded $745 million contract for SM-3 IIA interceptors
• Positive Sentiment: Estimates and trading sentiment remain supportive: Erste Group raised its 2026 EPS forecast to $7.25 from $7.20, above the roughly $7.21 consensus. CNBC also reported that options traders are leaning bullish, while Zacks cited defense wins, technology milestones and rising estimates as drivers of RTX’s recent outperformance. Erste nevertheless maintains a “Hold” rating. RTX Outperforms Industry in the Past Month
• Neutral Sentiment: Stock is near a record level: RTX recently reached a new 52-week high. This signals strong momentum, but also leaves the shares more sensitive to profit-taking and any disappointment relative to elevated expectations.
• Negative Sentiment: Valuation is a risk: RTX trades at a high earnings multiple relative to many industrial and aerospace peers. Although its latest quarterly results exceeded expectations, the premium valuation could limit upside unless contract growth and earnings continue to accelerate.
• Neutral Sentiment: Most other headlines are unrelated: Articles about RTX 5070, RTX 5080 and other GeForce graphics cards refer to Nvidia products, not RTX Corporation. They do not provide a direct fundamental catalyst for NYSE: RTX.

Shares of NYSE RTX opened at $223.68 on Wednesday. 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 business’s 50 day moving average is $197.37 and its two-hundred day moving average is $194.31. The company has a market cap of $301.47 billion, a P/E ratio of 39.38, a P/E/G ratio of 2.67 and a beta of 0.29. RTX Corporation has a 12 month low of $150.61 and a 12 month high of $226.88.

RTX (NYSE:RTX – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.23. The company had revenue of $24.71 billion during 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%.RTX’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities analysts expect that RTX Corporation will post 7.22 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a $0.73 dividend. 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 1.3%. RTX’s dividend payout ratio is 51.41%.

(Free Report)

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.

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