Hudson Portfolio Management LLC Makes New Investment in RTX Corporation $RTX

23 Aug 2026, 14:06 by Sarita Garza · The Markets Daily

Hudson Portfolio Management LLC acquired a new position in shares of RTX Corporation (NYSE:RTX – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,756 shares of the company’s stock, valued at approximately $1,092,000. RTX makes up 0.8% of Hudson Portfolio Management LLC’s investment portfolio, making the stock its 29th largest holding.

Several other large investors also recently made changes to their positions in the stock. Milestone Asset Management Group LLC boosted its holdings in shares of RTX by 34.7% during the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after buying an additional 7,738 shares during the period. New Age Alpha Advisors LLC bought a new stake in shares of RTX in the fourth quarter valued at approximately $2,308,000. Truist Financial Corp grew its holdings in shares of RTX by 2.3% during the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after purchasing an additional 53,045 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in RTX by 5.1% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 212,944 shares of the company’s stock worth $39,054,000 after buying an additional 10,426 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in shares of 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 acquiring an additional 120,094 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on RTX. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price target on shares of RTX in a research note on Friday, July 24th. Citigroup reissued a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Sanford C. Bernstein raised their price target on shares of RTX from $213.00 to $232.00 and gave the company a “market perform” rating in a research note on Monday, August 3rd. Weiss Ratings cut shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Finally, Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $228.59.

Get Our Latest Research Report on RTX

Key RTX News

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.

RTX Stock Down 0.9%

Shares of NYSE RTX opened at $210.36 on Friday. The company’s 50 day moving average price is $203.73 and its 200-day moving average price is $195.53. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. RTX Corporation has a 52-week low of $150.61 and a 52-week high of $226.88. The company has a market capitalization of $283.51 billion, a P/E ratio of 37.04, a price-to-earnings-growth ratio of 2.50 and a beta of 0.29.

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, topping the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. During the same period in the prior year, the company posted $1.56 earnings per share. RTX’s revenue for the quarter was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities analysts forecast that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. RTX’s dividend payout ratio (DPR) is 51.41%.

Insider Transactions at RTX

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the sale, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the sale, the vice president directly owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 29,222 shares of company stock valued at $6,362,003. Corporate insiders own 0.10% of the company’s stock.

About RTX

(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.