July 28, 2026

RTX director Tracy Atkinson sells $500,424 in common stock By Investing.com

 RTX director Tracy Atkinson sells $500,424 in common stock By Investing.com

Tracy A. Atkinson, a director at RTX Corp (), sold 2,295 shares of the company’s common stock on July 27, 2026. The transaction totaled $500,424, with shares sold at a price of $218.0497 each. The sale comes as RTX trades near its 52-week high of $220.39, with the stock delivering a strong 42% return over the past year. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value.

Following this transaction, Ms. Atkinson directly holds 1,785 shares of RTX common stock. The filing was signed by Jennifer Yahl, as Attorney-in-fact, on July 28, 2026. RTX remains a prominent player in the Aerospace & Defense industry with a market capitalization of $293.56 billion. For deeper insights into RTX’s valuation and performance, investors can access the comprehensive Pro Research Report available on InvestingPro, covering this and 1,400+ other US equities.

In other recent news, RTX Corporation reported strong second-quarter 2026 results, surpassing Wall Street expectations with adjusted earnings of $1.89 per share and revenue of $24.7 billion, exceeding forecasts of $1.66 per share and $22.88 billion, respectively. The company also raised its full-year outlook for sales, profit, and cash flow. RTX’s Raytheon segment achieved an 18% revenue growth and a 100 basis point margin expansion in the quarter. UBS maintained a Neutral rating on RTX but raised its price target to $215, highlighting the company’s consistent performance across its business segments. Baird also increased its price target for RTX to $240, maintaining an Outperform rating, citing strong results and a robust backlog. Furthermore, RTX’s Pratt and Whitney Military Engines division secured a $42 million contract modification for F-35 propulsion system sustainment. These developments underscore RTX’s ongoing growth and strategic advancements in the defense and aerospace sector.

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  • Ramit Sethi

    Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.

Ramit Sethi

Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.

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