RTX (NYSE:RTX) Upgraded to “Hold” at Wells Fargo & Company

Wells Fargo & Company upgraded shares of RTX (NYSE:RTX) to a hold rating in a report issued on Tuesday morning,Zacks.com reports.

Other analysts have also recently issued reports about the company. Robert W. Baird set a $225.00 price objective on RTX in a report on Wednesday, January 28th. Jefferies Financial Group reissued a “hold” rating on shares of RTX in a report on Friday, March 6th. Royal Bank Of Canada boosted their price target on shares of RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $235.00 price objective on shares of RTX in a research note on Wednesday, January 28th. One equities research 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $205.11.

RTX Trading Up 1.0%

Shares of RTX stock opened at $194.78 on Tuesday. RTX has a twelve month low of $112.27 and a twelve month high of $214.50. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The business has a 50-day moving average price of $200.24 and a 200-day moving average price of $184.00. The firm has a market cap of $262.17 billion, a price-to-earnings ratio of 39.27, a PEG ratio of 2.79 and a beta of 0.42.

RTX (NYSE:RTX) last posted its earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, topping 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 company had revenue of $24.24 billion for the quarter, compared to the consensus estimate of $22.65 billion. During the same period in the previous year, the business earned $1.54 earnings per share. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities research analysts anticipate that RTX will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

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

Insider Buying and Selling

In other news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the sale, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Shane G. Eddy sold 17,527 shares of the firm’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. The disclosure for this sale is available in the SEC filing. Insiders sold 89,255 shares of company stock valued at $18,151,956 over the last 90 days. 0.10% of the stock is currently owned by insiders.

Institutional Trading of RTX

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP Paribas purchased a new position in shares of RTX during the third quarter valued at approximately $25,000. Navalign LLC purchased a new stake in shares of RTX in the fourth quarter worth approximately $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of RTX during the 4th quarter worth approximately $26,000. Valley Wealth Managers Inc. bought a new stake in shares of RTX during the 3rd quarter worth approximately $30,000. Finally, Core Wealth Advisors LLC purchased a new position in RTX during the 4th quarter valued at $31,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Erste Group initiated coverage with a Buy rating, citing strong demand for Pratt & Whitney engines and rising global defense spending — a bullish analyst call for RTX’s aerospace/engine growth. Erste Group Initiates RTX With Buy, Sees Strength in Engine Business
• Positive Sentiment: Pratt & Whitney (an RTX unit) won a large contract modification — $3.8B within a $6.6B F135 production award — supporting near-term revenue and backlog for RTX’s engine business. RTX’s Pratt & Whitney awarded $6.6 billion F135 production contract to definitize lots 18-19
• Neutral Sentiment: Wells Fargo began coverage with an Equal Weight rating and a $200 price target (a modest upside versus the current level) — provides institutional visibility but not a strong directional endorsement. RTX (NYSE:RTX) Now Covered by Analysts at Wells Fargo & Company
• Neutral Sentiment: RTX’s BBN Technologies released Maude-HCS, an open-source toolkit for testing covert communications — a technical win for RTX’s cyber/CBRN credentials that may support longer-term defense/cyber revenue but has limited immediate earnings impact. RTX’s BBN Technologies launches open-source tool to validate covert cyber networks
• Neutral Sentiment: RTX set an upcoming earnings date for Q1 results on April 21 — this event could move the stock depending on revenue, margin trends, and commentary on bookings/backlog. RTX to release first quarter earnings results on April 21, 2026
• Neutral Sentiment: Several high‑visibility headlines referencing “RTX” (NVIDIA GPU brand, DLSS/DLSS 4.5, RTX 60 series leaks) are generating search traffic and investor attention but are unrelated to RTX Corporation’s aerospace/defense business — this can create noise in retail flows. RTX 60 series leaks are everywhere, but Nvidia hasn’t
• Negative Sentiment: Political uncertainty around U.S. defense policy (coverage on potential NATO exit rhetoric) could pressure defense contractors if it raises questions about future allied procurement or geopolitical risk, adding downside risk to sentiment. Trump Toys With NATO Exit: Defense Stocks In The Crosshairs

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.