Danica Pension Livsforsikringsaktieselskab Acquires Shares of 99,243 RTX Corporation $RTX

Danica Pension Livsforsikringsaktieselskab bought a new position in shares of RTX Corporation (NYSE:RTX - Free Report) during the second quarter, according to its most recent filing with the SEC. The fund bought 99,243 shares of the company's stock, valued at approximately $18,829,000.

Several other institutional investors also recently added to or reduced their stakes in RTX. World Investment Advisors raised its holdings in RTX by 8.7% during the 4th quarter. World Investment Advisors now owns 62,448 shares of the company's stock valued at $11,453,000 after acquiring an additional 5,020 shares during the period. Milestone Asset Management Group LLC boosted its holdings in shares of RTX by 34.7% in the fourth 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 during the period. New Age Alpha Advisors LLC purchased a new position in shares of RTX in the fourth quarter valued at $2,308,000. Truist Financial Corp grew its position in shares of RTX by 2.3% in the fourth 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 bought a new stake in shares of RTX during the 4th quarter valued at $1,439,000. Institutional investors own 86.50% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on RTX. Wells Fargo & Company raised their target price on RTX from $200.00 to $230.00 and gave the stock an "equal weight" rating in a research note on Friday, July 24th. UBS Group upped their price target on RTX from $198.00 to $215.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Robert W. Baird set a $240.00 price target on shares of RTX in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $238.00 price objective on shares of RTX in a research report on Monday, July 27th. Finally, Susquehanna upped their target price on shares of RTX from $235.00 to $245.00 and gave the stock a "positive" rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $228.59.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon division won a roughly $22.9 billion, seven-year U.S. Navy contract to accelerate Tomahawk cruise-missile production. Annual output is expected to rise from approximately 60 missiles to more than 1,000, creating significant long-term revenue visibility and improving factory utilization. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
• Positive Sentiment: The award reinforces broader U.S. efforts to replenish precision-munitions inventories and follows a recent $745 million missile-defense interceptor order, strengthening expectations for sustained defense demand. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: RTX’s latest quarterly performance also exceeded expectations: adjusted EPS was $1.89 versus a $1.66 consensus, while revenue grew 14.5% year over year to $24.71 billion. Management raised 2026 adjusted EPS guidance to $7.10–$7.25 and projected revenue of $95–$96 billion. Commercial aviation aftermarket demand provides an additional growth driver. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Analysts remain generally constructive, with a Moderate Buy consensus and an average price target near $228.59, but the shares are already close to their 52-week high and have outperformed substantially over the past year.
• Negative Sentiment: Valuation is the principal concern. RTX trades at approximately 40 times trailing earnings and about 31 times forward earnings, while its six-month return has lagged the S&P 500. Investors must also monitor execution, supplier constraints and liquidity as the company ramps missile production; its quick ratio is 0.78.

RTX Trading Up 1.8%

Shares of RTX opened at $225.73 on Wednesday. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $226.88. The company has a market capitalization of $304.22 billion, a P/E ratio of 39.74, a P/E/G ratio of 2.65 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The firm's 50 day simple moving average is $201.77 and its 200 day simple moving average is $195.20.

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, topping analysts' consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion during the quarter, compared to analysts' expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business's quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Sell-side analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

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

Insider Buying and Selling at RTX

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the sale, the vice president owned 22,349 shares of the company's stock, valued at $4,774,193.38. The trade was a 17.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the company's stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $210.29, for a total value of $1,799,451.53. Following the completion of the transaction, the insider 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. The SEC filing for this sale provides additional information. Insiders sold 15,567 shares of company stock valued at $3,304,375 over the last quarter. 0.10% of the stock is owned by company insiders.

About RTX

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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