Danica Pension Livsforsikringsaktieselskab Takes $18.83 Million Position in RTX Corporation $RTX

Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of RTX Corporation (NYSE:RTX) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 99,243 shares of the company’s stock, valued at approximately $18,829,000.

Other large investors also recently added to or reduced their stakes in the company. Alpha Cubed Investments LLC grew its stake in shares of RTX by 0.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock valued at $2,700,000 after buying an additional 50 shares during the last quarter. Schulhoff & Co. Inc. lifted its stake in shares of RTX by 1.7% in the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after acquiring an additional 52 shares during the last quarter. Purus Wealth Management LLC boosted its holdings in RTX by 0.4% during the 4th quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock valued at $2,700,000 after acquiring an additional 53 shares during the period. Sunbeam Capital Management LLC boosted its holdings in RTX by 1.6% during the 4th quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock valued at $620,000 after acquiring an additional 53 shares during the period. Finally, Sequent Planning LLC increased its stake in RTX by 1.6% in the 4th quarter. Sequent Planning LLC now owns 3,364 shares of the company’s stock worth $617,000 after purchasing an additional 54 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on RTX. Royal Bank Of Canada increased their price objective on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Wells Fargo & Company upped their price target on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Citigroup reissued a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Argus set a $245.00 price target on shares of RTX in a report on Thursday, July 30th. Finally, 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. One equities 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 issued a Sell rating to the company. Based on data from MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and an average price target of $228.59.

Trending Headlines about RTX

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.

Insider Buying and Selling

In related news, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction that occurred on 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 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 value of $1,799,451.53. Following 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 SEC filing for this sale provides additional information. Insiders have sold 15,567 shares of company stock valued at $3,304,375 in the last ninety days. Insiders own 0.10% of the company’s stock.

RTX Trading Up 1.8%

NYSE RTX opened at $225.73 on Wednesday. The firm has a market capitalization of $304.22 billion, a PE ratio of 39.74, a P/E/G ratio of 2.65 and a beta of 0.29. The stock’s 50 day moving average is $201.77 and its 200 day moving average is $195.20. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88. 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 (NYSE:RTX) last posted its quarterly earnings data 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 business had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. During the same quarter in the prior year, the company earned $1.56 earnings per share. The firm’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. Research analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Announces Dividend

The firm also recently disclosed 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 1.3%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is 51.41%.

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.