RTX (NYSE:RTX – Get Free Report) had its price objective upped by equities research analysts at JPMorgan Chase & Co. from $195.00 to $200.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 10.09% from the stock’s current price.
A number of other brokerages have also recently weighed in on RTX. Susquehanna lifted their price target on shares of RTX from $175.00 to $205.00 and gave the stock a “positive” rating in a research report on Wednesday, October 22nd. BNP Paribas upgraded RTX to a “strong-buy” rating in a report on Tuesday, November 18th. Morgan Stanley set a $215.00 price objective on RTX and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Robert W. Baird set a $203.00 price target on shares of RTX in a research note on Wednesday, October 22nd. Finally, Bank of America increased their price objective on shares of RTX from $175.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $184.18.
RTX Trading Up 1.9%
RTX (NYSE:RTX – Get Free Report) last posted its quarterly earnings results on Tuesday, October 21st. The company reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.29. RTX had a net margin of 7.67% and a return on equity of 13.28%. The business had revenue of $22.48 billion during the quarter, compared to the consensus estimate of $21.26 billion. During the same period in the previous year, the firm posted $1.45 earnings per share. RTX’s revenue for the quarter was up 11.9% compared to the same quarter last year. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. On average, equities research analysts forecast that RTX will post 6.11 earnings per share for the current year.
Insider Buying and Selling at RTX
In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $180.15, for a total transaction of $873,547.35. Following the transaction, the executive vice president directly owned 59,556 shares in the company, valued at approximately $10,729,013.40. The trade was a 7.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.15% of the company’s stock.
Institutional Investors Weigh In On RTX
Several hedge funds have recently bought and sold shares of the company. Zullo Investment Group Inc. boosted its position in shares of RTX by 1.2% in the third quarter. Zullo Investment Group Inc. now owns 4,713 shares of the company’s stock valued at $789,000 after acquiring an additional 56 shares during the period. Parkside Financial Bank & Trust increased its holdings in shares of RTX by 0.3% during the third quarter. Parkside Financial Bank & Trust now owns 16,465 shares of the company’s stock worth $2,755,000 after purchasing an additional 57 shares during the period. Uptick Partners LLC grew its position in RTX by 1.7% during the third quarter. Uptick Partners LLC now owns 3,327 shares of the company’s stock worth $557,000 after buying an additional 57 shares in the last quarter. Colonial Trust Co SC increased its stake in RTX by 0.4% during the 3rd quarter. Colonial Trust Co SC now owns 15,062 shares of the company’s stock worth $2,520,000 after acquiring an additional 57 shares during the period. Finally, Certified Advisory Corp raised its holdings in RTX by 1.6% in the 3rd quarter. Certified Advisory Corp now owns 3,630 shares of the company’s stock valued at $607,000 after acquiring an additional 57 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.
RTX News Summary
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raytheon (an RTX business) won a U.S. Army contract to support Patriot fire units worth about $168.1 million, highlighting continued government spending on air‑and‑missile defense. RTX’s Unit Secures a Contract to Support the Patriot Missile
- Positive Sentiment: Raytheon was awarded a separate $168 million contract to supply Patriot‑related equipment to Romania — a second Patriot order for that customer within a year, which supports recurring international defense sales and backlog. RTX’s Raytheon awarded $168 million contract for Romanian Patriot air defense equipment
- Positive Sentiment: Raytheon received a U.S. Air Force contract to equip the autonomous X‑62A (VISTA) test aircraft with the PhantomStrike® radar, expanding Raytheon’s footprint in advanced avionics and autonomous systems. RTX’s Raytheon to equip U.S. Air Force autonomous fighter jet with PhantomStrike radar
- Neutral Sentiment: Several tech outlets report NVIDIA plans to cut GeForce RTX 50‑series gaming GPU production by ~30–40% in early 2026 due to memory/VRAM constraints — this concerns NVIDIA’s consumer GPU supply and is unrelated to RTX Corporation’s defense business but may create sector headlines because of the shared “RTX” naming. Nvidia could slash GeForce RTX 50 production by up to 40% next year
- Neutral Sentiment: New NVIDIA workstation GPU announcements (RTX Pro 5000 Blackwell, 72GB) and holiday GPU deals are driving consumer/enterprise GPU headlines — relevant to semiconductor investors but not to RTX’s defense revenue. NVIDIA RTX Pro 5000 Blackwell GPU With 72GB VRAM Upgrade Is Now Available
About RTX
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.
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