Harel Insurance Raises RTX Corporation Stake 4.2% to $60M
Harel Insurance Investments & Financial Services Ltd increased its RTX Corporation stake by 4.2% during Q3, adding 14,567 shares to reach 358,872 shares. The stake was valued at $60,049,000 as of the latest 13F filing with the SEC.
1. Harel Insurance and Institutional Moves
In the third quarter, Harel Insurance Investments & Financial Services Ltd. increased its holdings in RTX Corporation by 4.2%, acquiring an additional 14,567 shares to bring its total to 358,872 shares valued at approximately $60.0 million. This move contributes to the broader trend of institutional ownership in RTX, which stands at 86.5% as of the latest 13F filings. Smaller funds also adjusted their positions: PFS Partners LLC doubled its stake to 177 shares, SOA Wealth Advisors LLC boosted holdings by 57.4% to 192 shares, and several boutique advisory firms initiated new positions ranging from $29,000 to $36,000 in market value during the quarter.
2. Insider Transaction and Ownership Profile
Executive Vice President Neil G. Mitchill, Jr. sold 4,849 shares of RTX on October 24, generating $873,547 in proceeds at an average price of $180.15 per share. Post-sale, Mitchill’s stake decreased by 7.5% to 59,556 shares, now valued at roughly $10.7 million. Corporate insiders collectively own just 0.15% of RTX, underscoring the company’s heavy reliance on institutional backers. These insider and institutional shifts may influence investor sentiment regarding management’s confidence in near-term stock performance.
3. Q3 Results, Guidance and Analyst Sentiment
RTX reported third-quarter revenue of $22.48 billion, marking an 11.9% year-over-year increase, and delivered EPS of $1.70, beating consensus by $0.29. The company set full-year 2025 EPS guidance between 6.10 and 6.20, reinforcing expectations of continued earnings growth. Following the release, major brokers including Citigroup, Bank of America, UBS and J.P. Morgan issued Buy or Overweight ratings and elevated their price targets, while the median analyst estimate remains above current valuation levels. Quantitative models from Zacks also highlight RTX’s growth profile, suggesting further upside potential from both fundamental and momentum-driven flows.