Granite Bay Wealth Management LLC Purchases New Stake in RTX Corporation $RTX

15 Sep 2025, 13:38 by Amy Steele · The Cerbat Gem

Granite Bay Wealth 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 13F filing with the Securities and Exchange Commission. The firm acquired 46,305 shares of the company’s stock, valued at approximately $6,761,000. RTX accounts for approximately 2.2% of Granite Bay Wealth Management LLC’s portfolio, making the stock its 17th largest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. TrueWealth Advisors LLC raised its holdings in RTX by 3.6% during the 2nd quarter. TrueWealth Advisors LLC now owns 2,007 shares of the company’s stock worth $293,000 after purchasing an additional 70 shares during the last quarter. RMR Wealth Builders raised its stake in shares of RTX by 3.6% during the 2nd quarter. RMR Wealth Builders now owns 2,036 shares of the company’s stock worth $297,000 after purchasing an additional 70 shares during the period. Hamilton Capital LLC increased its position in RTX by 3.6% in the first quarter. Hamilton Capital LLC now owns 2,122 shares of the company’s stock worth $281,000 after buying an additional 74 shares during the last quarter. Persium Advisors LLC lifted its position in shares of RTX by 1.6% during the second quarter. Persium Advisors LLC now owns 4,935 shares of the company’s stock worth $721,000 after acquiring an additional 76 shares in the last quarter. Finally, ICW Investment Advisors LLC lifted its stake in RTX by 0.6% in the 1st quarter. ICW Investment Advisors LLC now owns 13,845 shares of the company’s stock worth $1,834,000 after purchasing an additional 77 shares in the last quarter. Institutional investors own 86.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Wall Street Zen lowered RTX from a “buy” rating to a “hold” rating in a research note on Saturday, June 21st. Morgan Stanley boosted their price objective on shares of RTX from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, July 23rd. Jefferies Financial Group reissued a “hold” rating on shares of RTX in a research report on Monday, July 21st. Royal Bank Of Canada restated an “outperform” rating and set a $170.00 target price (up previously from $165.00) on shares of RTX in a research note on Wednesday, July 23rd. Finally, Barclays raised their price objective on shares of RTX from $130.00 to $153.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $158.87.

Read Our Latest Stock Report on RTX

RTX Stock Down 1.1%

RTX stock opened at $155.90 on Monday. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $161.26. The company has a quick ratio of 0.75, a current ratio of 1.01 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $208.68 billion, a PE ratio of 34.26, a price-to-earnings-growth ratio of 2.87 and a beta of 0.67. The firm has a 50 day moving average of $154.64 and a 200 day moving average of $140.74.

RTX (NYSE:RTX – Get Free Report) last posted its earnings results on Tuesday, July 22nd. The company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.11. RTX had a net margin of 7.35% and a return on equity of 12.89%. The firm had revenue of $21.58 billion during the quarter, compared to analyst estimates of $20.68 billion. During the same period in the previous year, the firm earned $1.41 EPS. The business’s quarterly revenue was up 9.4% on a year-over-year basis. RTX has set its FY 2025 guidance at 5.800-5.950 EPS. Sell-side analysts forecast that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Friday, August 15th were given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, August 15th. RTX’s dividend payout ratio is currently 59.78%.

Insider Buying and Selling at RTX

In related news, insider Shane G. Eddy sold 25,968 shares of the firm’s stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $159.79, for a total value of $4,149,426.72. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Kevin G. Dasilva sold 8,704 shares of the stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $156.20, for a total transaction of $1,359,564.80. Following the completion of the transaction, the vice president owned 30,004 shares in the company, valued at $4,686,624.80. This represents a 22.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 56,635 shares of company stock valued at $8,947,010. Corporate insiders own 0.15% of the company’s stock.

About RTX

(Free Report)

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.