RTX (NYSE:RTX) Stock Price Up 1.4% – Still a Buy?

RTX Corporation (NYSE:RTXGet Free Report) shares were up 1.4% on Friday . The stock traded as high as $200.85 and last traded at $198.78. Approximately 4,341,825 shares were traded during trading, a decline of 32% from the average daily volume of 6,347,007 shares. The stock had previously closed at $195.97.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

Wall Street Analyst Weigh In

Several brokerages recently commented on RTX. Susquehanna reaffirmed a “positive” rating and set a $230.00 price objective on shares of RTX in a research note on Thursday, January 15th. Morgan Stanley restated an “overweight” rating and set a $235.00 price target on shares of RTX in a research report on Wednesday, January 28th. Jefferies Financial Group reiterated a “hold” rating and issued a $225.00 price objective on shares of RTX in a research report on Wednesday, January 28th. Bank of America lifted their price objective on RTX from $175.00 to $215.00 and gave the company a “buy” rating in a research note on Monday, October 27th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of RTX in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, RTX has an average rating of “Moderate Buy” and an average target price of $199.50.

View Our Latest Stock Report on RTX

RTX Stock Up 1.4%

The firm has a market cap of $266.52 billion, a PE ratio of 40.08, a PEG ratio of 2.85 and a beta of 0.43. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. The company’s 50-day simple moving average is $187.15 and its two-hundred day simple moving average is $171.78.

RTX (NYSE:RTXGet Free Report) last posted its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.08. The company had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. RTX’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, analysts predict that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On RTX

A number of hedge funds and other institutional investors have recently made changes to their positions in RTX. BNP Paribas bought a new stake in shares of RTX during the 3rd quarter valued at about $25,000. Navalign LLC purchased a new stake in RTX in the fourth quarter worth about $25,000. LFA Lugano Financial Advisors SA bought a new stake in RTX during the 2nd quarter valued at approximately $29,000. Valley Wealth Managers Inc. purchased a new position in shares of RTX during the 3rd quarter worth approximately $30,000. Finally, Access Investment Management LLC bought a new position in shares of RTX in the 2nd quarter worth approximately $31,000. Institutional investors own 86.50% of the company’s stock.

RTX Company Profile

(Get 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.

Featured Articles

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.