Danske Bank A S Makes New $195.72 Million Investment in RTX Corporation $RTX

Danske Bank A S acquired a new stake in RTX Corporation (NYSE:RTX) during the second quarter, HoldingsChannel reports. The firm acquired 1,031,548 shares of the company’s stock, valued at approximately $195,716,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Artemis Wealth Advisors LLC acquired a new stake in shares of RTX during the second quarter worth about $10,862,000. Diversify Advisory Services LLC acquired a new position in RTX in the 2nd quarter valued at about $10,234,000. Gables Capital Management Inc. acquired a new position in RTX in the 2nd quarter valued at about $2,028,000. Oxbow Advisors LLC purchased a new stake in RTX during the 2nd quarter valued at approximately $332,000. Finally, Investmark Advisory Group LLC purchased a new stake in RTX during the 2nd quarter valued at approximately $493,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction dated 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 completion of the transaction, the insider owned 8,809 shares in the company, valued at $1,852,444.61. This trade represents a 49.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the sale, the vice president owned 20,099 shares of the company’s stock, valued at $4,360,076.07. This trade represents a 10.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 15,567 shares of company stock valued at $3,304,375. 0.10% of the stock is owned by corporate insiders.

RTX Stock Performance

NYSE RTX opened at $225.73 on Wednesday. The stock has a market capitalization of $304.22 billion, a price-to-earnings ratio of 39.74, a PEG ratio of 2.65 and a beta of 0.29. The business’s 50 day moving average is $201.77 and its two-hundred day moving average is $195.20. RTX Corporation has a 12-month low of $150.61 and a 12-month high of $226.88. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47.

RTX (NYSE:RTX) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $22.89 billion. During the same period last year, the firm earned $1.56 EPS. The company’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 expect that RTX Corporation will post 7.22 EPS for the current year.

RTX Dividend Announcement

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 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 dividend payout ratio is presently 51.41%.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Wells Fargo & Company upped their price target on RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $238.00 price target on shares of RTX in a report on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Finally, UBS Group boosted their price objective on shares of RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. One 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 data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $228.59.

Key Headlines Impacting 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.

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.