RTX (NYSE:RTX – Free Report) had its target price cut by Jefferies Financial Group from $225.00 to $210.00 in a research note released on Monday,Benzinga reports. They currently have a hold rating on the stock.
Several other equities analysts have also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. Weiss Ratings restated a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. Vertical Research reiterated a “buy” rating and set a $227.00 price target on shares of RTX in a research note on Tuesday, January 27th. Morgan Stanley reissued an “overweight” rating and set a $235.00 price target on shares of RTX in a report on Wednesday, January 28th. Finally, Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $203.61.
View Our Latest Research Report on RTX
RTX Stock Down 2.0%
RTX (NYSE:RTX – Get Free Report) last released its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. RTX had a return on equity of 13.08% and a net margin of 7.60%.The business had revenue of $24.24 billion for the quarter, compared to analyst estimates of $22.65 billion. During the same quarter in the previous year, the company posted $1.54 earnings per share. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, research analysts anticipate that RTX will post 6.11 EPS for the current year.
RTX Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were paid a dividend of $0.68 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s dividend payout ratio is 54.84%.
Insiders Place Their Bets
In related news, EVP Ramsaran Maharajh sold 15,124 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $204.65, for a total value of $3,095,126.60. Following the completion of the sale, the executive vice president owned 13,184 shares in the company, valued at $2,698,105.60. This trade represents a 53.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Shane G. Eddy sold 17,527 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 89,255 shares of company stock worth $18,151,956. Insiders own 0.10% of the company’s stock.
Institutional Investors Weigh In On RTX
A number of institutional investors and hedge funds have recently modified their holdings of RTX. Alpha Cubed Investments LLC raised its position in shares of RTX by 0.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock valued at $2,700,000 after buying an additional 50 shares during the last quarter. LeConte Wealth Management LLC grew its position in RTX by 2.3% during the fourth quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock worth $412,000 after buying an additional 51 shares in the last quarter. Rydar Equities Inc. increased its stake in RTX by 0.4% during the fourth quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock valued at $2,480,000 after acquiring an additional 52 shares during the period. Schulhoff & Co. Inc. raised its holdings in RTX by 1.7% in the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after acquiring an additional 52 shares in the last quarter. Finally, Howard Capital Management Inc. raised its holdings in RTX by 0.4% in the 4th quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock valued at $2,263,000 after acquiring an additional 53 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Large defense contract and production ramp — Raytheon (an RTX business) signed a ~$3.7B deal to supply Patriot GEM‑T interceptors to Ukraine and is expanding European production capacity, supporting near‑term revenue and backlog visibility. Read More.
- Positive Sentiment: Successful flight test of new sensor suite — Raytheon completed the first flight test of its RAIVEN® staring system on a UH‑60 Black Hawk, demonstrating capability that could help future sensor contracts and program wins. Read More.
- Positive Sentiment: Commercial aerospace wins and product awards — Collins Aerospace (RTX) secured multiple airline launch customers for its Helix main‑cabin seat and won a Crystal Cabin Award for SkyNook, supporting aftermarket and OEM content growth. Read More.
- Neutral Sentiment: Upcoming earnings and consensus expectations — RTX heads into Q1 earnings with Wall Street expecting continued aerospace & defense strength; this event is a near‑term catalyst that could swing the stock either way. Read More.
- Neutral Sentiment: Retail GPU headlines are noise — multiple consumer GPU/RTX (NVIDIA) rumors and discounts appear in feeds but are unrelated to RTX Corporation’s business; treat these as distracting noise for RTX investors. Read More.
- Negative Sentiment: Geopolitical tailwinds fading — market commentary notes sentiment cooled as ceasefire hopes in the Iran conflict reduce the immediate defense‑spending risk premium that had supported RTX’s rally. Read More.
- Negative Sentiment: Analyst/insider pressure — Jefferies trimmed expectations recently and Quiver/coverage notes outsized insider selling activity; both can weigh on near‑term sentiment despite buy ratings from many firms. Read More. Read More.
- Negative Sentiment: Short‑term pullback vs. lofty multiple — after a strong run, valuation (PE ~40) leaves the stock sensitive to any soft guidance or macro/geopolitical de‑risking ahead of earnings. Read More.
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.
Recommended Stories
Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.
