RTX Corporation (NYSE:RTX) Receives Average Rating of “Moderate Buy” from Analysts

RTX Corporation (NYSE:RTX) has earned an average rating of “Moderate Buy” from the twenty-one brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, fourteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $228.5882.

Several brokerages have issued reports on RTX. Weiss Ratings raised shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 24th. Robert W. Baird set a $240.00 target price on shares of RTX in a research note on Friday, July 24th. Citigroup reaffirmed a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Sanford C. Bernstein boosted their price target on shares of RTX from $213.00 to $232.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price objective on shares of RTX in a research report on Friday, July 24th.

Insiders Place Their Bets

In related news, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the transaction, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. The trade was a 17.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $210.29, for a total value of $1,799,451.53. Following the completion of the transaction, the insider directly owned 8,809 shares of the company’s stock, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 15,567 shares of company stock valued at $3,304,375. Company insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On RTX

Institutional investors have recently modified their holdings of the company. Navalign LLC acquired a new position in RTX in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC acquired a new stake in RTX in the 4th quarter worth about $26,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the fourth quarter worth approximately $31,000. 1 North Wealth Services LLC boosted its holdings in shares of RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares during the last quarter. Finally, Evergreen Advisors LLC acquired a new stake in shares of RTX during the 1st quarter worth $31,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense subsidiary, installed the first SPY-6(V)4 radar array at the U.S. Navy’s Wallops Island test site. The milestone begins testing for a program intended to modernize aging Flight IIA destroyers. Successful testing and subsequent fleet adoption could support RTX’s defense backlog and long-term revenue visibility. RTX Delivers First SPY-6(V)4 Radar Array for Navy Destroyer Upgrade
• Positive Sentiment: Market coverage continues to characterize RTX as a strong momentum stock following its recent share-price performance. That sentiment may attract momentum-focused investors, though the stock’s elevated valuation means continued execution is important. What Makes RTX a Strong Momentum Stock

RTX Trading Down 0.1%

Shares of RTX stock opened at $223.03 on Friday. The company has a market capitalization of $300.59 billion, a P/E ratio of 39.27, a price-to-earnings-growth ratio of 2.66 and a beta of 0.29. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average is $195.40 and its two-hundred day moving average is $193.99. RTX has a twelve month low of $150.61 and a twelve month high of $225.65.

RTX (NYSE:RTX) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. During the same quarter in the prior year, the business earned $1.56 earnings per share. The company’s quarterly revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities analysts forecast that RTX will post 7.21 EPS for the current year.

RTX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s dividend payout ratio (DPR) is presently 51.41%.

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.