RTX (NYSE:RTX) Stock Price Up 3.1% on Analyst Upgrade

RTX Corporation (NYSE:RTX) shares shot up 3.1% during mid-day trading on Tuesday after Melius Research upgraded the stock from a hold rating to a buy rating. The stock traded as high as $193.44 and last traded at $192.8870. 5,312,903 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 6,315,020 shares. The stock had previously closed at $187.15.

Other equities research analysts have also recently issued research reports about the stock. Citigroup lifted their target price on shares of RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. DZ Bank downgraded shares of RTX from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. Robert W. Baird set a $225.00 price target on shares of RTX in a research report on Wednesday, January 28th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $204.00 price objective on shares of RTX in a research note on Thursday, January 29th. Finally, Wells Fargo & Company started coverage on shares of RTX in a report on Wednesday. They issued an “equal weight” rating and a $200.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX currently has a consensus rating of “Moderate Buy” and a consensus price target of $204.44.

Insider Activity

In other RTX news, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the sale, the executive vice president owned 16,749 shares of the company’s stock, valued at $3,397,199.67. This trade represents a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total value of $7,349,797.80. Following the transaction, the executive vice president owned 59,556 shares of the company’s stock, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 89,255 shares of company stock valued at $18,151,956 in the last quarter. Insiders own 0.10% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Melius Research upgraded RTX from “hold” to “buy,” adding bullish analyst momentum that can support further buying interest. Melius Upgrade (Finviz)
• Positive Sentiment: Erste Group initiated coverage with a Buy, highlighting strength in the engine business and defense-tailwinds — another vote of confidence for RTX’s aerospace & defense revenue drivers. Erste Group Initiation (InsiderMonkey)
• Positive Sentiment: RTX’s BBN Technologies released Maude‑HCS, an open‑source toolkit for validating covert communication networks — a product/tech development that supports RTX’s cyber and govt‑contract credentials. BBN Maude‑HCS Release (PR Newswire)
• Neutral Sentiment: Citigroup lowered its price target from $238 to $226 but kept a “buy” rating — the reduced target tempers upside expectations even as the rating remains constructive. Citigroup Price Target Cut (Benzinga)
• Neutral Sentiment: Wells Fargo began coverage, setting an “equal weight” (hold) rating and a $200 target — added institutional coverage increases visibility but the rating is neutral for near‑term upside. Wells Fargo Coverage (American Banking News)
• Negative Sentiment: Political headlines (reports that President Trump is musing about NATO changes) are creating uncertainty for defense contractors broadly; such macro political risk can pressure defense multiples despite company‑level positives. NATO / Defense Risk (Benzinga)
• Neutral Sentiment: Several headlines referencing “RTX” GPUs (Nvidia GeForce RTX) are unrelated to RTX Corporation (the ticker). These consumer GPU stories can create noise in scans but do not reflect RTX Corp fundamentals. Example: TechSpot coverage of GPU leaks. RTX GPU Noise (TechSpot)

Institutional Trading of RTX

Several hedge funds have recently made changes to their positions in RTX. Brighton Jones LLC boosted its stake in shares of RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after buying an additional 3,332 shares during the period. Revolve Wealth Partners LLC raised its holdings in RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after acquiring an additional 159 shares in the last quarter. United Bank raised its holdings in RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after acquiring an additional 4,131 shares in the last quarter. Schnieders Capital Management LLC. lifted its stake in RTX by 3.1% in the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after acquiring an additional 623 shares during the last quarter. Finally, Edgestream Partners L.P. grew its holdings in RTX by 72.5% during the 2nd quarter. Edgestream Partners L.P. now owns 5,557 shares of the company’s stock worth $811,000 after acquiring an additional 2,335 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Stock Up 0.8%

The firm’s fifty day simple moving average is $200.24 and its 200 day simple moving average is $184.00. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. The company has a market cap of $264.14 billion, a price-to-earnings ratio of 39.57, a PEG ratio of 2.79 and a beta of 0.42.

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

RTX Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were given a dividend of $0.68 per share. The ex-dividend date was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s payout ratio is 54.84%.

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.