125,961 Shares in RTX Corporation $RTX Acquired by Nykredit A S

Nykredit A S acquired a new stake in RTX Corporation (NYSE:RTX - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 125,961 shares of the company's stock, valued at approximately $23,899,000.

A number of other hedge funds have also modified their holdings of the business. Navalign LLC acquired a new stake in RTX during the 4th quarter worth $25,000. Commonwealth Retirement Investments LLC purchased a new position in RTX in the 4th quarter valued at $26,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the 4th quarter worth $31,000. 1 North Wealth Services LLC lifted its stake in shares of RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company's stock worth $31,000 after acquiring an additional 137 shares during the period. Finally, Evergreen Advisors LLC acquired a new position in shares of RTX during the first quarter worth about $31,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on RTX. Wells Fargo & Company lifted their price objective on RTX from $200.00 to $230.00 and gave the company an "equal weight" 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 research report on Tuesday, August 25th. TD Cowen lifted their price target on shares of RTX from $225.00 to $240.00 and gave the company a "buy" rating in a research report on Monday, July 27th. Sanford C. Bernstein upped their price target on RTX from $213.00 to $232.00 and gave the stock a "market perform" rating in a report on Monday, August 3rd. Finally, Argus set a $245.00 price objective on RTX in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, RTX has a consensus rating of "Moderate Buy" and an average target price of $228.59.

Insider Buying and Selling

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 shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the sale, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of RTX 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 completion of the sale, the insider directly owned 8,809 shares of the company's stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is owned by corporate insiders.

RTX Stock Performance

Shares of RTX opened at $201.80 on Friday. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $226.88. The stock has a market cap of $271.98 billion, a P/E ratio of 35.53, a PEG ratio of 2.59 and a beta of 0.29. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The company has a 50-day moving average of $207.66 and a two-hundred day moving average of $196.10.

RTX (NYSE:RTX - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating 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 business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same period in the prior year, the business earned $1.56 earnings per share. The company's quarterly revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, research analysts predict that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th were given a dividend of $0.73 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.4%. RTX's dividend payout ratio (DPR) is presently 51.41%.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Collins Aerospace subsidiary won an approximately $42.5 million sole-source U.S. Navy contract for navigation and air-traffic coordination systems running through August 2031. The award adds to the company’s recently secured, roughly $22.9 billion, seven-year Tomahawk missile contract and reinforces exposure to long-term naval modernization. RTX’s total backlog is approximately $289 billion, including $119 billion in defense. Defense Stocks Are Pulling Back as Their Navy Tailwinds Get Stronger
• Positive Sentiment: Wall Street commentary remains constructive, citing RTX’s defense demand, rising earnings estimates and recent outperformance versus the aerospace and defense industry. The company’s latest quarterly report also showed strong execution, with earnings and revenue exceeding consensus expectations and revenue growing 14.5% year over year. Wall Street Bulls Look Optimistic About RTX
• Positive Sentiment: A valuation review found RTX potentially undervalued on discounted cash flow, while its earnings multiple appears closer to fair value. This provides a possible fundamental support level if defense and aerospace contract growth continues. RTX Stock Looks Below Fair Value on Cash Flow
• Neutral Sentiment: RTX trades at about 35.5 times earnings, with shares below the 50-day moving average but above the 200-day average. The setup suggests recent consolidation rather than a clear change in the long-term trend.
• Negative Sentiment: The stock’s premium valuation could limit additional upside and leaves less room for execution disappointments. Recent sector weakness and reported insider selling also add near-term caution, although neither necessarily signals deteriorating fundamentals. RTX Outperforms Industry in the Past 6 Months

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.

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