70,094 Shares in RTX Corporation $RTX Bought by German American Bancorp Inc.

Key Points

• German American Bancorp acquired 70,094 RTX shares worth approximately $13.3 million in the second quarter, making RTX its 20th-largest holding and about 1% of its portfolio. Institutional investors and hedge funds collectively own 86.5% of RTX.
• RTX reported strong quarterly results, with EPS of $1.89 beating estimates of $1.66 and revenue of $24.71 billion exceeding forecasts. Revenue rose 14.5% year over year, and the company maintained 2026 EPS guidance of $7.10–$7.25.
• Shares trade near their 12-month high at $222.88, with a P/E ratio of 39.24, while analysts maintain a “Moderate Buy” consensus and an average target of $228.59. The company also declared a quarterly dividend of $0.73 per share, but recent insider activity was negative, with executives selling shares.

German American Bancorp Inc. acquired a new stake in RTX Corporation (NYSE:RTX - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 70,094 shares of the company's stock, valued at approximately $13,299,000. RTX comprises about 1.0% of German American Bancorp Inc.'s holdings, making the stock its 20th largest position.

Other institutional investors also recently bought and sold shares of the company. World Investment Advisors grew its position in RTX by 8.7% during the fourth quarter. World Investment Advisors now owns 62,448 shares of the company's stock worth $11,453,000 after buying an additional 5,020 shares during the period. Milestone Asset Management Group LLC boosted its stake 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 acquiring an additional 7,738 shares in the last quarter. New Age Alpha Advisors LLC acquired a new stake in shares of RTX in the 4th quarter worth approximately $2,308,000. Truist Financial Corp increased its stake in RTX by 2.3% in the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company's stock valued at $424,575,000 after purchasing an additional 53,045 shares in the last quarter. Finally, Wealth Science Advisors LLC acquired a new position in RTX during the fourth quarter worth $1,439,000. 86.50% of the stock is owned by institutional investors and hedge funds.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The Pentagon announced framework agreements with Boeing and RTX to increase production of components for SM-3 Block IIA and Block IB interceptor missiles. The agreements could support additional defense revenue and improve visibility for RTX’s missile systems business. Pentagon signs deals with Boeing and RTX to boost missile interceptor component production
• Positive Sentiment: Market coverage highlights RTX’s plans to expand missile production and invest in advanced defense technologies as the U.S. and allies seek more precision weapons. This reinforces expectations for long-term growth in RTX’s defense backlog. Is RTX Strengthening Its Position in the Global Missile Market?
• Positive Sentiment: Unusually strong call-option activity, with 66,251 calls purchased versus typical volume of 16,557, indicates increased speculative bullish interest in RTX, although options activity is not a fundamental business indicator.
• Neutral Sentiment: Analyst coverage remains generally favorable, and some forecasts point to continued earnings growth. However, consensus recommendations can be overly optimistic and should be weighed against valuation and execution risks. Wall Street Analysts Think RTX Is a Good Investment: Is It?
• Negative Sentiment: RTX’s shares have risen substantially over the past five years, and valuation analysis suggests the stock is close to fair value rather than clearly undervalued. With a reported P/E ratio near 39, further gains may depend on strong earnings and successful delivery of new defense contracts. RTX Stock May Be 3% Undervalued Despite Fresh Missile Defense Contract

Insider Buying and Selling

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction that occurred 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 transaction, the vice president owned 22,349 shares of the company's stock, valued at $4,774,193.38. This trade represents a 17.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction on Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the completion of the transaction, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 15,567 shares of company stock worth $3,304,375. 0.10% of the stock is currently owned by insiders.

RTX Stock Down 0.0%

Shares of NYSE:RTX opened at $222.88 on Monday. 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 firm has a market cap of $300.38 billion, a price-to-earnings ratio of 39.24, a PEG ratio of 2.65 and a beta of 0.29. The stock's 50-day moving average price is $200.02 and its two-hundred day moving average price is $194.87. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $226.88.

RTX (NYSE:RTX - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating analysts' consensus estimates of $1.66 by $0.23. The company had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company's quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, research analysts forecast that RTX Corporation will post 7.22 EPS for the current year.

RTX Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.3%. RTX's dividend payout ratio is 51.41%.

Analyst Ratings Changes

Several equities analysts have weighed in on RTX shares. Argus set a $245.00 target price on shares of RTX in a report on Thursday, July 30th. Erste Group Bank lowered shares of RTX from a "buy" rating to a "hold" rating in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $238.00 price target on shares of RTX in a research note on Monday, July 27th. UBS Group lifted their price target on shares of RTX from $198.00 to $215.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Finally, Susquehanna boosted 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. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $228.59.

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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