Commerzbank Aktiengesellschaft FI Invests $2.94 Million in RTX Corporation $RTX

Commerzbank Aktiengesellschaft FI bought a new stake in RTX Corporation (NYSE:RTXFree Report) during the second quarter, HoldingsChannel.com reports. The fund bought 15,487 shares of the company’s stock, valued at approximately $2,938,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of RTX. Norges Bank acquired a new stake in shares of RTX in the fourth quarter valued at approximately $3,167,626,000. Auto Owners Insurance Co increased its holdings in shares of RTX by 24,730.9% during the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after acquiring an additional 10,062,269 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in RTX in the 2nd quarter valued at $1,456,256,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in RTX during the 2nd quarter valued at $636,932,000. Finally, Amundi lifted its holdings in RTX by 69.7% during the 1st quarter. Amundi now owns 7,472,243 shares of the company’s stock valued at $1,441,396,000 after purchasing an additional 3,070,123 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: Raytheon won a $22.9 billion, seven-year Tomahawk missile contract from the U.S. Navy. The agreement is intended to sharply expand annual production from approximately 60 missiles to more than 1,000, creating significant multi-year visibility for RTX’s defense business. US Navy awards Raytheon $22.9 billion contract to boost Tomahawk output
  • Positive Sentiment: The contract supports the Pentagon’s effort to replenish critical munitions and follows heavy Tomahawk usage in military operations. Investors view the award as evidence of sustained government demand and a potential catalyst for RTX’s defense growth. The US military is paying RTX’s Raytheon more for Tomahawk missiles
  • Positive Sentiment: RTX’s latest quarterly results provide additional support: earnings per share reached $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS guidance of $7.10–$7.25 remains broadly consistent with analyst expectations.
  • Neutral Sentiment: The contract is strategically significant, but its effect on near-term earnings will depend on production execution, capacity expansion, costs and the timing of deliveries. RTX also trades at a relatively elevated valuation, with a reported P/E near 39.
  • Neutral Sentiment: Several other articles concern Nvidia GeForce RTX graphics cards, laptops or unrelated technology promotions rather than RTX Corporation. They do not materially affect the company’s investment outlook. Esports Hotel Thieves Caught Swapping Out RTX 5080 GPUs for RTX 3060s

Analysts Set New Price Targets

Several research firms have commented on RTX. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Susquehanna raised their target price on shares of RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research note on Friday, July 24th. Wells Fargo & Company lifted their target price on shares of RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $238.00 price target on shares of RTX in a research note on Monday, July 27th. Finally, Morgan Stanley restated an “overweight” rating and set a $240.00 price objective on shares of RTX in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $228.59.

Get Our Latest Stock Analysis on RTX

RTX Stock Down 0.5%

Shares of NYSE RTX opened at $221.87 on Tuesday. RTX Corporation has a 52 week low of $150.61 and a 52 week high of $226.88. The stock’s fifty day moving average is $200.88 and its 200 day moving average is $195.01. 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 stock has a market capitalization of $299.03 billion, a P/E ratio of 39.06, a PEG ratio of 2.65 and a beta of 0.29.

RTX (NYSE:RTXGet Free Report) last announced 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. The firm had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Sell-side analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently disclosed 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. This represents a $2.92 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio (DPR) is 51.41%.

Insider Buying and Selling

In other RTX news, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $210.29, for a total value of $1,799,451.53. Following the sale, the insider owned 8,809 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction on Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the transaction, the vice president owned 22,349 shares in the company, valued at approximately $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. Insiders sold 15,567 shares of company stock worth $3,304,375 over the last three months. 0.10% of the stock is currently owned by insiders.

RTX Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTXFree Report).

Institutional Ownership by Quarter for RTX (NYSE:RTX)

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