Shares of RTX Corporation (NYSE:RTX – Get Free Report) have earned an average rating of “Moderate Buy” from the twenty-seven brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and eighteen have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $226.75.
RTX has been the subject of a number of research analyst reports. Sanford C. Bernstein decreased their price target on RTX from $223.00 to $214.00 and set a “market perform” rating for the company in a research note on Thursday. DA Davidson boosted their price objective on RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a report on Monday, July 27th. The Goldman Sachs Group upped their price objective on RTX from $195.00 to $206.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Weiss Ratings upgraded RTX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 25th. Finally, Barclays assumed coverage on RTX in a research note on Friday, October 9th. They issued an “overweight” rating and a $223.00 target price on the stock.
Key Stories Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX’s Raytheon division secured an approximately $8 billion nuclear command-and-control contract and a $729 million counter-drone export deal. The awards strengthen backlog, international exposure and multiyear revenue visibility. RTX Locks In a Decade of Defense Dominance
- Positive Sentiment: Raytheon was selected to modernize U.S. Space Force global early-warning radar sites, supporting RTX’s position in missile defense and space-based security systems. The work is strategically important, although the contract’s financial value was not disclosed. RTX’s Raytheon selected to modernize U.S. Space Force global early warning radars
- Positive Sentiment: Analyst commentary remains constructive ahead of the quarterly report, citing a record backlog, resilient aerospace and defense demand, recent contract wins and a valuation viewed as attractive relative to RTX’s growth prospects. The average broker price target is about $226.75, implying additional upside from current levels. Should You Buy, Hold or Sell RTX Stock Ahead of Q3 Earnings?
- Neutral Sentiment: RTX’s upcoming third-quarter results are the next major catalyst. Investors will watch revenue, earnings, free cash flow, order growth and supply-chain execution. The company previously exceeded quarterly earnings and revenue expectations and currently guides to fiscal 2026 earnings of $7.10–$7.25 per share. Exploring Analyst Estimates for RTX Q3 Earnings
- Negative Sentiment: Supply-chain constraints remain a risk, particularly for commercial aerospace production and margins. Sanford C. Bernstein lowered its RTX price target from $223 to $214 and maintained a “market perform” rating, tempering the bullish contract news. RTX price target lowered by Sanford C. Bernstein
RTX Stock Down 0.1%
Shares of NYSE RTX opened at $193.77 on Friday. RTX has a 1 year low of $156.10 and a 1 year high of $226.88. The firm has a 50-day simple moving average of $199.69 and a two-hundred day simple moving average of $193.70. The company has a market cap of $261.16 billion, a P/E ratio of 34.12, a PEG ratio of 2.50 and a beta of 0.31. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78.
RTX (NYSE:RTX – Get Free Report) last released its earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%. The firm had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. During the same quarter in the prior year, the firm posted $1.56 earnings per share. The company’s quarterly revenue was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Research analysts anticipate that RTX will post 7.22 earnings per share for the current year.
Insider Activity
In other news, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction dated 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 transaction, the vice president owned 20,099 shares in the company, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On RTX
Large investors have recently added to or reduced their stakes in the stock. Fortress Financial Group LLC bought a new stake in shares of RTX during the second quarter valued at approximately $358,000. Evergreen Advisors LLC bought a new position in RTX in the first quarter worth approximately $31,000. Signature Resources Capital Management LLC grew its stake in RTX by 111.5% in the first quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock worth $36,000 after purchasing an additional 97 shares in the last quarter. BOK Financial Private Wealth Inc. bought a new position in RTX in the second quarter worth approximately $36,000. Finally, Networth Advisors LLC purchased a new position in RTX during the 1st quarter worth $40,000. 86.50% of the stock is owned by hedge funds and other institutional investors.
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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