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

Key Points

• Nykredit A/S acquired 125,961 RTX shares worth approximately $23.9 million in the second quarter, while institutional investors collectively own 86.5% of the company.
• RTX reported strong quarterly results, with EPS of $1.89 and revenue of $24.71 billion, both exceeding analyst expectations; revenue increased 14.5% year over year.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and average price target of $228.59, though recent insider selling and concerns that the stock is expensive continue to weigh on sentiment.

Nykredit A S bought a new stake in shares of RTX Corporation (NYSE:RTX - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 125,961 shares of the company's stock, valued at approximately $23,899,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC purchased a new stake in shares of RTX in the 4th quarter worth $26,000. Core Wealth Advisors LLC purchased a new position in RTX during the fourth quarter valued at $31,000. 1 North Wealth Services LLC increased its position in RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company's stock worth $31,000 after buying an additional 137 shares in the last quarter. Evergreen Advisors LLC bought a new position in shares of RTX in the first quarter worth about $31,000. Finally, Signature Resources Capital Management LLC lifted its position in shares of RTX by 111.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 184 shares of the company's stock valued at $36,000 after buying an additional 97 shares in the last quarter. 86.50% of the stock is owned by hedge funds and other institutional investors.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Record backlog supports revenue visibility. RTX’s backlog reportedly reached $289 billion, providing substantial future demand across commercial aerospace and defense programs. RTX’s Backlog Just Hit a Record $289 Billion
• Positive Sentiment: Pratt & Whitney is expanding in Poland. RTX’s aircraft-engine unit plans a $25 million engine-parts expansion, strengthening its international manufacturing footprint and potentially supporting future commercial and military engine demand. RTX’s Pratt & Whitney Deepens Poland Bet
• Neutral Sentiment: Defense-sector spending remains a potential tailwind. A new framework agreement involving Lockheed Martin’s JATM missile program could increase missile production and benefit defense-focused exchange-traded funds. The development is supportive for the broader sector, although the article does not identify a direct RTX award. Defense ETFs Stand to Gain as Trump Administration Signs JATM Deal
• Negative Sentiment: Valuation and interest-rate concerns are weighing on sentiment. Jim Cramer argued that RTX remains expensive despite its large Tomahawk missile contract and backlog. Rising rates generally pressure high price-to-earnings stocks by reducing the value investors assign to future earnings. Jim Cramer Says Defense Giant Still Too Expensive
• Negative Sentiment: Recent trading weakness reflects the valuation overhang. Coverage noted that RTX declined even as the broader market gained, suggesting investors are taking profits or reassessing the stock’s premium valuation rather than immediately rewarding its strong defense pipeline. RTX Stock Sinks as Market Gains

Insider Activity at RTX

In related news, VP Kevin G. Dasilva sold 4,760 shares of the firm's stock in a transaction on Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction 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 completion of the sale, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over 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.

Wall Street Analysts Forecast Growth

RTX has been the subject of several analyst reports. Wells Fargo & Company increased their target price on shares of RTX from $200.00 to $230.00 and gave the stock an "equal weight" rating in a report on Friday, July 24th. Robert W. Baird set a $240.00 price target on shares of RTX in a research report on Friday, July 24th. Morgan Stanley reissued an "overweight" rating and issued a $240.00 price objective on shares of RTX in a research note on Friday, July 24th. Susquehanna raised their price objective on shares of RTX from $235.00 to $245.00 and gave the company a "positive" rating in a research report on Friday, July 24th. Finally, Argus set a $245.00 target price on shares of RTX in a research note on Thursday, July 30th. One 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $228.59.

RTX Stock Down 0.1%

Shares of RTX opened at $193.34 on Friday. The business's 50 day moving average is $208.16 and its 200 day moving average is $195.81. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. RTX Corporation has a 12-month low of $155.64 and a 12-month high of $226.88. The company has a market capitalization of $260.58 billion, a PE ratio of 34.04, 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 results 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 return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. During the same period in the prior year, the company posted $1.56 EPS. The firm'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. Research analysts expect that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Friday, August 14th were given a dividend of $0.73 per share. The ex-dividend date was Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.5%. RTX's dividend payout ratio is currently 51.41%.

About RTX

RTX Corporation NYSE: RTX is an aerospace and defense company that develops and manufactures systems, products and services for commercial aviation, business aviation and government customers. Its offerings include aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, radar, air and missile defense systems, precision weapons and cybersecurity solutions.

The company operates through three principal businesses: Collins Aerospace, which provides aerospace systems and components; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance services; and Raytheon, which develops integrated defense systems, sensors, missiles and other mission technologies.

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