Northwestern Mutual Wealth Management Co. Has $106.97 Million Stock Holdings in RTX Corporation $RTX

Key Points

• Northwestern Mutual Wealth Management increased its RTX holdings by 2% to 563,777 shares, valued at approximately $106.97 million. Institutional investors collectively own 86.5% of RTX.
• RTX reported quarterly EPS of $1.89 and revenue of $24.71 billion, exceeding analyst expectations, while revenue rose 14.5% year over year. Management issued fiscal 2026 EPS guidance of $7.10–$7.25.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $228.59, though RTX trades at a relatively high P/E ratio of 36.07. The company also announced a quarterly dividend of $0.73 per share, while insiders have sold more than $6.3 million of stock over the past three months.

Northwestern Mutual Wealth Management Co. lifted its holdings in shares of RTX Corporation (NYSE:RTX - Free Report) by 2.0% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 563,777 shares of the company's stock after buying an additional 10,907 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in RTX were worth $106,965,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of RTX. BlackRock Inc. bought a new position in shares of RTX in the second quarter worth about $20,970,571,000. State Street Corp grew its holdings in shares of RTX by 0.7% during the 4th quarter. State Street Corp now owns 91,884,588 shares of the company's stock valued at $16,851,633,000 after purchasing an additional 630,558 shares during the last quarter. Morgan Stanley increased its position in RTX by 0.4% during the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company's stock worth $5,462,310,000 after purchasing an additional 105,069 shares in the last quarter. Fisher Asset Management LLC lifted its stake in RTX by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company's stock valued at $3,998,155,000 after purchasing an additional 625,994 shares during the last quarter. Finally, Norges Bank acquired a new stake in RTX in the fourth quarter valued at approximately $3,167,626,000. 86.50% of the stock is currently owned by institutional investors.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s reported $289 billion backlog underscores strong long-term demand visibility across its defense and commercial aerospace businesses. The backlog is not entirely equivalent to near-term revenue, but it provides substantial support for future sales and cash flow. RTX's $289 Billion Backlog, Explained
• Positive Sentiment: RTX has outperformed the broader industrial sector over the past year, and analysts remain cautiously optimistic. Its exposure to defense spending and aircraft engine demand may make earnings less sensitive to economic cycles than many industrial peers. RTX Corporation Stock: Is RTX Outperforming the Industrial Sector?
• Positive Sentiment: Chief Executive Chris Calio is scheduled to present at the Morgan Stanley Laguna Conference. Investors may look for updates on the backlog, engine production, defense demand, margins and full-year guidance. RTX Chairman and CEO to Present at the Morgan Stanley 14th Annual Laguna Conference
• Neutral Sentiment: A recent analysis highlights RTX as a potentially defensive dividend stock because its defense exposure can reduce sensitivity to macroeconomic swings. However, the stock’s elevated valuation means investors may require continued earnings and cash-flow growth. Is RTX a Safe Dividend Stock to Buy?
• Negative Sentiment: RTX recently declined more than the broader market. The weakness appears consistent with profit-taking and valuation concerns after a strong run, rather than a newly reported deterioration in operating results. Here's Why RTX Fell More Than the Broader Market

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on RTX shares. Susquehanna upped their price target on shares of RTX from $235.00 to $245.00 and gave the stock a "positive" rating in a report on Friday, July 24th. Robert W. Baird set a $240.00 target price on RTX in a research report on Friday, July 24th. Wells Fargo & Company lifted their price target on RTX from $200.00 to $230.00 and gave the company an "equal weight" rating in a research note on Friday, July 24th. UBS Group boosted their price target on RTX from $198.00 to $215.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Finally, Royal Bank Of Canada raised their price objective on shares of RTX from $230.00 to $250.00 and gave the company an "outperform" rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, RTX currently has an average rating of "Moderate Buy" and an average target price of $228.59.

RTX Price Performance

Shares of NYSE RTX opened at $204.85 on Wednesday. The company has a market capitalization of $276.09 billion, a PE ratio of 36.07, a P/E/G ratio of 2.47 and a beta of 0.29. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88. The firm has a fifty day simple moving average of $207.04 and a 200 day simple moving average of $196.09.

RTX (NYSE:RTX - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $22.89 billion. During the same quarter in the prior year, the firm posted $1.56 earnings per share. The business's quarterly revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, sell-side analysts forecast that RTX Corporation will post 7.22 EPS for the current year.

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX's payout ratio is presently 51.41%.

Insiders Place Their Bets

In other 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 completion of the sale, the executive vice president owned 13,184 shares of the company's stock, valued at $2,952,161.28. This trade represents a 50.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of the business'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 transaction, the vice president owned 22,349 shares in the company, valued at $4,774,193.38. The trade was a 17.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 29,222 shares of company stock worth $6,362,003. Corporate insiders own 0.10% of the company's stock.

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.

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