Harel Insurance Boosts RTX Stake by 4.2% to 358,872 Shares
Harel Insurance Investments & Financial Services Ltd. increased its stake in RTX by 4.2% to 358,872 shares in the third quarter, adding 14,567 shares. At quarter end, this holding was valued at $60,049,000 according to the latest 13F filing.
1. Harel Insurance Increases Stake in RTX
In its latest SEC 13F filing for the third quarter, Harel Insurance Investments & Financial Services Ltd. boosted its position in RTX by 4.2%, acquiring an additional 14,567 shares to bring its total holding to 358,872 shares. At the end of the period, this stake was valued at approximately $60.0 million. This move contrasts with several smaller institutional adjustments: PFS Partners LLC more than doubled its position to 177 shares, while new entrants LFA Lugano Financial Advisors SA, Access Investment Management LLC and Clayton Financial Group LLC established stakes worth between $29,000 and $36,000. Overall, institutional investors and hedge funds now control 86.5% of RTX’s outstanding stock.
2. Executive Vice President Reduces Holdings
In a disclosed insider transaction on October 24, RTX EVP Neil G. Mitchill, Jr. sold 4,849 shares for a total consideration of $873,547.35, representing a 7.53% reduction in his holdings. Following the sale, Mitchill’s remaining position stands at 59,556 shares, valued at roughly $10.7 million. This sale contributes to a broader pattern of executive-level divestitures, with corporate insiders now owning just 0.15% of RTX’s equity.
3. Solid Third‐Quarter Results and Upward Guidance
RTX reported third‐quarter revenue growth of 11.9% year-over-year, generating $22.48 billion in sales and delivering earnings per share of $1.70, a $0.29 beat against consensus estimates. The company’s return on equity reached 13.28%, and net margin stood at 7.67%. Management raised its full‐year 2025 earnings guidance to a range of 6.10–6.20 EPS, underscoring confidence in continued operational momentum and near-term profitability.
4. Analyst Upgrades and Positive Sentiment
Following the strong quarterly performance, multiple Wall Street firms—including Bank of America, UBS, Citigroup and JPMorgan—issued Buy or Overweight recommendations and lifted their price targets. Zacks Investment Research also flagged RTX as a top growth stock under its style‐score framework, likely to attract quant and momentum strategies. These endorsements reinforce a median analyst target that remains above prior consensus levels.