Nykredit A S Takes $23.90 Million Position in RTX Corporation $RTX

Nykredit A S acquired a new position in shares of RTX Corporation (NYSE:RTX) in the 2nd quarter, HoldingsChannel reports. The fund acquired 125,961 shares of the company’s stock, valued at approximately $23,899,000.

A number of other large investors have also modified their holdings of the stock. BlackRock Inc. acquired a new position in RTX during the 2nd quarter worth approximately $20,970,571,000. State Street Corp raised its stake in shares of RTX by 0.7% during the fourth 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 period. Morgan Stanley lifted its position in shares of RTX by 0.4% during the fourth 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 boosted its stake in shares of RTX by 3.0% in the fourth 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 period. Finally, Norges Bank acquired a new stake in RTX during the 4th quarter valued at $3,167,626,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insider Activity

In related news, insider Troy Brunk sold 8,557 shares of RTX stock in a transaction dated 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 sale, the insider directly owned 8,809 shares in the company, valued at $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was 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 directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. The trade was a 50.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 29,222 shares of company stock valued at $6,362,003. Company insiders own 0.10% of the company’s stock.

RTX Stock Performance

RTX opened at $201.80 on Friday. 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 business’s 50 day moving average is $207.66 and its 200-day moving average is $196.10. The stock has a market cap of $271.98 billion, a PE ratio of 35.53, a price-to-earnings-growth ratio of 2.59 and a beta of 0.29. RTX Corporation has a twelve month low of $150.61 and a twelve month high of $226.88.

RTX (NYSE:RTX) last issued 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 analyst estimates of $22.89 billion. During the same period in the prior year, the company posted $1.56 EPS. The business’s revenue for the quarter 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, analysts predict that RTX Corporation will post 7.22 earnings per share for the current year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th were paid a $0.73 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. RTX’s dividend payout ratio is presently 51.41%.

Wall Street Analysts Forecast Growth

RTX has been the topic of several analyst reports. Citigroup reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Morgan Stanley reiterated an “overweight” rating and set a $240.00 price target on shares of RTX in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $238.00 price objective on shares of RTX in a research report on Monday, July 27th. Wells Fargo & Company increased their target price on RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Finally, Royal Bank Of Canada raised their target price on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, RTX presently has an average rating of “Moderate Buy” and a consensus target price of $228.59.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Collins Aerospace subsidiary won an approximately $42.5 million sole-source U.S. Navy contract for navigation and air-traffic coordination systems running through August 2031. The award adds to the company’s recently secured, roughly $22.9 billion, seven-year Tomahawk missile contract and reinforces exposure to long-term naval modernization. RTX’s total backlog is approximately $289 billion, including $119 billion in defense. Defense Stocks Are Pulling Back as Their Navy Tailwinds Get Stronger
• Positive Sentiment: Wall Street commentary remains constructive, citing RTX’s defense demand, rising earnings estimates and recent outperformance versus the aerospace and defense industry. The company’s latest quarterly report also showed strong execution, with earnings and revenue exceeding consensus expectations and revenue growing 14.5% year over year. Wall Street Bulls Look Optimistic About RTX
• Positive Sentiment: A valuation review found RTX potentially undervalued on discounted cash flow, while its earnings multiple appears closer to fair value. This provides a possible fundamental support level if defense and aerospace contract growth continues. RTX Stock Looks Below Fair Value on Cash Flow
• Neutral Sentiment: RTX trades at about 35.5 times earnings, with shares below the 50-day moving average but above the 200-day average. The setup suggests recent consolidation rather than a clear change in the long-term trend.
• Negative Sentiment: The stock’s premium valuation could limit additional upside and leaves less room for execution disappointments. Recent sector weakness and reported insider selling also add near-term caution, although neither necessarily signals deteriorating fundamentals. RTX Outperforms Industry in the Past 6 Months

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.