RTX Corporation (NYSE:RTX – Get Free Report) has received a consensus rating of “Moderate Buy” from the twenty-seven research firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, seventeen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $227.12.
Several analysts have commented on RTX shares. JPMorgan Chase & Co. increased their target price on RTX from $215.00 to $240.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. Citigroup restated a “buy” rating on shares of RTX in a research note on Wednesday, October 7th. Jefferies Financial Group set a $250.00 price target on RTX and gave the company a “buy” rating in a report on Sunday, July 26th. UBS Group increased their price objective on RTX from $209.00 to $212.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, Royal Bank Of Canada dropped their price objective on RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th.
Check Out Our Latest Stock Analysis on RTX
RTX Trading Up 1.5%
Shares of NYSE RTX opened at $194.49 on Friday. The firm’s 50 day moving average price is $197.32 and its 200-day moving average price is $193.64. The company has a market cap of $262.45 billion, a PE ratio of 31.57, a P/E/G ratio of 2.31 and a beta of 0.31. RTX has a 52-week low of $166.74 and a 52-week high of $226.88. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.78 and a current ratio of 1.05.
RTX (NYSE:RTX – Get Free Report) last posted its quarterly earnings results on Tuesday, October 20th. The company reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. RTX had a net margin of 8.75% and a return on equity of 14.89%. The firm had revenue of $24.96 billion for the quarter, compared to analysts’ expectations of $24.11 billion. During the same quarter in the prior year, the company posted $1.70 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, equities research analysts expect that RTX will post 7.72 EPS for the current fiscal year.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raised outlook and record backlog support growth: RTX raised its FY 2026 guidance to adjusted EPS of $7.65–$7.75 and revenue of $97.0–$97.5 billion, above consensus estimates. Management also highlighted a record $340 billion backlog, expanding defense production and robust commercial aerospace demand. RTX Q3 Earnings Call Highlights Defense Backlog and Higher 2026 Outlook
- Positive Sentiment: Profitability improved significantly: Adjusted segment operating profit rose with roughly 310 basis points of margin expansion, while strong cash flow and demand for aircraft replacement parts, repairs, avionics and engines reinforce RTX’s longer-term earnings and dividend appeal. RTX Q3 Earnings Put Margin Gains Ahead Of Stock Price Reaction
- Positive Sentiment: Defense bookings remain supportive: Raytheon secured a $350 million modification to a U.S. Air Force contract, adding near-term revenue visibility to the company’s already substantial defense backlog. RTX’s Raytheon Secures $350 Million US Air Force Contract Modification
- Neutral Sentiment: New Collins Aerospace products, including FAA-compliant radio-altimeter upgrades and digital air-traffic surveillance tools, and Pratt & Whitney Canada’s certified PT9 turboprop expand RTX’s commercial aerospace offering. Their financial contribution is likely to develop over time. Collins Aerospace Announces Radio Altimeter Upgrades
- Negative Sentiment: RTX trades at a relatively elevated valuation after its earnings-driven advance, while ongoing margin pressures and paused buybacks could limit additional near-term upside despite the stronger outlook.
Insider Activity
In other news, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares in the company, valued at $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction that occurred on Tuesday, July 28th. The stock was 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 represents a 10.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On RTX
Several institutional investors and hedge funds have recently added to or reduced their stakes in RTX. BlackRock Inc. bought a new position in shares of RTX during the 2nd quarter valued at $20,970,571,000. State Street Corp boosted its stake in shares of RTX by 3.1% in the 2nd quarter. State Street Corp now owns 95,417,318 shares of the company’s stock worth $18,103,528,000 after buying an additional 2,828,056 shares during the last quarter. Auto Owners Insurance Co boosted its stake in shares of RTX by 24,730.9% in the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after buying an additional 10,062,269 shares during the last quarter. Invesco Ltd. boosted its stake in shares of RTX by 0.5% in the 4th quarter. Invesco Ltd. now owns 9,134,677 shares of the company’s stock worth $1,675,300,000 after buying an additional 48,070 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of RTX by 5.0% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock worth $1,649,501,000 after acquiring an additional 411,356 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.
About RTX
RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and manufactures products and systems for commercial aviation, business aviation, military aircraft and government customers. Its portfolio includes aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, air and missile defense systems, precision weapons, radars and advanced sensors.
The company operates through three principal businesses: Collins Aerospace, which supplies aerospace systems and components; Pratt & Whitney, which designs and produces aircraft engines and related services; and Raytheon, which provides defense and intelligence technologies.
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