First National Bank of Omaha Purchases New Stake in RTX Corporation $RTX

Key Points

• First National Bank of Omaha acquired 153,804 RTX shares worth approximately $29.0 million in the second quarter, making RTX its 23rd-largest holding. Institutional investors collectively own 86.5% of the company.
• RTX reported strong quarterly results, with adjusted EPS of $1.89 versus $1.66 expected and revenue up 14.5% year over year to $24.71 billion. Management raised 2026 adjusted EPS guidance to $7.10–$7.25.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and average price target of $228.59, while valuation remains a concern at roughly 40 times trailing earnings. RTX also announced a quarterly dividend of $0.73 per share, equivalent to a 1.3% annual yield.

First National Bank of Omaha acquired a new position in RTX Corporation (NYSE:RTX - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 153,804 shares of the company's stock, valued at approximately $28,973,000. RTX makes up 0.8% of First National Bank of Omaha's portfolio, making the stock its 23rd largest position.

A number of other large investors also recently made changes to their positions in the business. Navalign LLC purchased a new position in RTX during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX during the 4th quarter valued at $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX during the 4th quarter valued at $31,000. 1 North Wealth Services LLC grew its holdings in shares of RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company's stock valued at $31,000 after acquiring an additional 137 shares in the last quarter. Finally, Evergreen Advisors LLC acquired a new position in shares of RTX in the first quarter worth $31,000. Institutional investors and hedge funds own 86.50% of the company's stock.

Insider Buying and Selling at RTX

In other RTX news, insider Troy D. Brunk sold 8,557 shares of the business's 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 of the company's stock, valued at $1,852,444.61. The trade was a 49.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the company's stock in a transaction dated 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 sale, 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 15,567 shares of company stock worth $3,304,375 in the last quarter. Insiders own 0.10% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on RTX shares. Jefferies Financial Group set a $250.00 price objective on RTX in a report on Sunday, July 26th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $238.00 target price on shares of RTX in a research report on Monday, July 27th. TD Cowen raised their price target on RTX from $225.00 to $240.00 and gave the stock a "buy" rating in a research note on Monday, July 27th. Robert W. Baird set a $240.00 price target on RTX in a report on Friday, July 24th. Finally, Dbs Bank upgraded RTX from a "hold" rating to a "moderate buy" rating in a report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, RTX has an average rating of "Moderate Buy" and an average target price of $228.59.

Key RTX News

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 Stock Up 1.8%

RTX opened at $225.73 on Wednesday. The business has a 50 day moving average price of $201.77 and a 200 day moving average price of $195.20. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The firm has a market cap of $304.22 billion, a P/E ratio of 39.74, a price-to-earnings-growth ratio of 2.65 and a beta of 0.29.

RTX (NYSE:RTX - Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The firm had revenue of $24.71 billion during the quarter, compared to analysts' expectations of $22.89 billion. During the same quarter in the prior year, the business earned $1.56 earnings per share. The company's revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Research analysts forecast that RTX Corporation will post 7.22 EPS for the current year.

RTX Announces Dividend

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

RTX 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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