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

RTX (NYSE:RTX) was upgraded by equities research analysts at Wells Fargo & Company to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

RTX has been the topic of several other reports. Wolfe Research reiterated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Vertical Research restated a “buy” rating and issued a $227.00 price objective on shares of RTX in a report on Tuesday, January 27th. Morgan Stanley reiterated an “overweight” rating and set a $235.00 target price on shares of RTX in a report on Wednesday, January 28th. DZ Bank lowered shares of RTX from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. Finally, TD Cowen reaffirmed a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $205.11.

RTX Price Performance

RTX stock opened at $194.78 on Tuesday. The stock has a market capitalization of $262.17 billion, a price-to-earnings ratio of 39.27, a price-to-earnings-growth ratio of 2.79 and a beta of 0.42. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. RTX has a 52-week low of $112.27 and a 52-week high of $214.50. The stock’s fifty day simple moving average is $200.24 and its 200-day simple moving average is $184.00.

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

Insiders Place Their Bets

In other RTX news, EVP Dantaya M. Williams sold 12,713 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the completion of the transaction, the executive vice president owned 16,749 shares in the company, valued at $3,397,199.67. This represents a 43.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ramsaran Maharajh sold 15,124 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,698,105.60. This trade represents a 53.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 89,255 shares of company stock valued at $18,151,956. Company insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

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

Key Headlines Impacting RTX

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

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.