RTX (NYSE:RTX) Upgraded at Melius Research

Melius Research upgraded shares of RTX (NYSE:RTX) from a hold rating to a buy rating in a research note published on Thursday, Marketbeat.com reports.

Several other equities research analysts also recently commented on the stock. Sanford C. Bernstein restated a “market perform” rating and issued a $204.00 target price on shares of RTX in a research note on Thursday, January 29th. Susquehanna reiterated a “positive” rating and set a $230.00 target price on shares of RTX in a research report on Thursday, January 15th. Jefferies Financial Group restated a “hold” rating on shares of RTX in a research report on Friday, March 6th. Vertical Research reaffirmed a “buy” rating and set a $227.00 price objective on shares of RTX in a research note on Tuesday, January 27th. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $204.44.

RTX Trading Up 0.0%

Shares of RTX stock opened at $196.25 on Thursday. The firm has a market capitalization of $264.14 billion, a P/E ratio of 39.57, a price-to-earnings-growth ratio of 2.84 and a beta of 0.43. RTX has a 1 year low of $112.27 and a 1 year high of $214.50. The firm’s fifty day simple moving average is $200.25 and its 200 day simple moving average is $184.53. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51.

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

RTX Announces Dividend

The company also recently declared 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. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, February 20th. RTX’s dividend payout ratio (DPR) is currently 54.84%.

Insider Buying and Selling

In other RTX news, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the transaction, the vice president directly owned 27,102 shares in the company, valued at approximately $5,455,632.60. The trade was a 23.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the business’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 59,556 shares of the company’s stock, valued at approximately $12,242,331.36. The trade was a 37.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 89,255 shares of company stock worth $18,151,956 over the last ninety days. Insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On RTX

Several institutional investors have recently modified their holdings of the business. J. Derek Lewis & Associates Inc. bought a new position in shares of RTX during the 4th quarter valued at about $385,000. Rockefeller Capital Management L.P. increased its stake in RTX by 10.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 603,483 shares of the company’s stock worth $110,679,000 after purchasing an additional 57,503 shares in the last quarter. World Investment Advisors raised its holdings in RTX by 8.7% during the 4th quarter. World Investment Advisors now owns 62,448 shares of the company’s stock worth $11,453,000 after buying an additional 5,020 shares during the period. Nalls Sherbakoff Group LLC acquired a new stake in RTX during the 4th quarter worth approximately $70,000. Finally, Meadowbrook Advisors Group LLC bought a new position in RTX in the fourth quarter valued at approximately $807,000. Institutional investors own 86.50% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: President Trump’s fiscal 2027 budget request calls for a large increase in defense spending, a clear macro tailwind for defense contractors like RTX that could boost backlog and future revenue. The Defense Budget Request Is Here. It’s Quite Something.
• Positive Sentiment: Unusually heavy options activity: investors bought ~47,356 RTX call options (up ~147% vs. average), suggesting short-term bullish positioning or hedging ahead of catalysts. (Options flow can amplify intraday moves.)
• Positive Sentiment: Erste Group initiated coverage with a Buy, citing strength in RTX’s engines business and broader defense spending growth — another vote of confidence from the sell-side. Erste Group Initiates RTX With Buy
• Positive Sentiment: Melius Research upgraded RTX from Hold to Buy, adding to the positive analyst momentum that can support demand for the shares. Finviz note
• Neutral Sentiment: Citigroup trimmed its price target from $238 to $226 but kept a Buy rating — still positive long-term but a modest reduction in upside expectations versus prior coverage. Benzinga
• Neutral Sentiment: Wells Fargo began coverage and set a Hold rating (new coverage can temporarily re-weight flows but is not a strong buy/sell signal). Wells Fargo coverage note
• Neutral Sentiment: RTX’s unit released an open-source toolkit for testing covert communications — a product/tech update that may support defense tech positioning but has uncertain near-term revenue impact. Seeking Alpha
• Neutral Sentiment: Numerous consumer tech headlines mention “RTX” GPUs (NVIDIA’s branding) — these are unrelated to RTX Corporation and can create headline noise that confuses retail flows. Example coverage on local AI acceleration and GPU reviews is about NVIDIA products, not RTX Corp. PCWorld

About RTX

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.