RTX (NYSE:RTX) Upgraded to “Strong-Buy” at Barclays

RTX (NYSE:RTX) was upgraded by Barclays to a “strong-buy” rating in a research report issued on Friday, Zacks reports.

A number of other equities analysts have also recently weighed in on the stock. Susquehanna increased their price objective on shares of RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research report on Friday, July 24th. Argus set a $245.00 target price on RTX and gave the company a “buy” rating in a research report on Thursday, July 30th. TD Cowen lowered their price target on RTX from $240.00 to $225.00 and set a “buy” rating for the company in a research report on Friday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $238.00 price objective (up from $228.00) on shares of RTX in a report on Monday, July 27th. Finally, The Goldman Sachs Group increased their target price on RTX from $195.00 to $206.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and an average price target of $228.58.

RTX Stock Up 0.9%

Shares of RTX opened at $185.99 on Friday. The company’s 50-day moving average price is $203.02 and its 200 day moving average price is $193.85. RTX has a 12-month low of $155.64 and a 12-month high of $226.88. 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 firm has a market cap of $250.66 billion, a P/E ratio of 32.74, a price-to-earnings-growth ratio of 2.37 and a beta of 0.31.

RTX (NYSE:RTX) last announced its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same quarter last year, the firm posted $1.56 earnings per share. RTX’s 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. On average, sell-side analysts forecast that RTX will post 7.22 earnings per share for the current year.

Insider Activity

In related news, VP Kevin G. Dasilva sold 2,250 shares of RTX stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the transaction, the vice president directly owned 20,099 shares in the company, valued at approximately $4,360,076.07. This trade represents a 10.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the sale, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 29,222 shares of company stock worth $6,362,003. Corporate insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On RTX

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Montz Harcus Wealth Management LLC increased its holdings in shares of RTX by 3.2% in the 2nd quarter. Montz Harcus Wealth Management LLC now owns 1,641 shares of the company’s stock valued at $311,000 after acquiring an additional 51 shares during the last quarter. Sunbeam Capital Management LLC boosted its holdings in RTX by 1.6% in the fourth quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock valued at $620,000 after purchasing an additional 53 shares in the last quarter. Safeguard Investment Advisory Group LLC increased its stake in RTX by 2.4% in the second quarter. Safeguard Investment Advisory Group LLC now owns 2,269 shares of the company’s stock valued at $430,000 after purchasing an additional 53 shares during the last quarter. Boston Family Office LLC raised its holdings in RTX by 0.3% during the fourth quarter. Boston Family Office LLC now owns 17,857 shares of the company’s stock worth $3,275,000 after purchasing an additional 54 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC lifted its position in shares of RTX by 1.6% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 3,363 shares of the company’s stock worth $617,000 after buying an additional 54 shares during 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, RTX’s defense unit, won a U.S. Navy contract valued at up to $6.3 billion to produce and sustain Standard Missile-3 Block IB interceptors. The five-year agreement, with two option years, provides greater production visibility and supports the Pentagon’s effort to replenish missile-defense inventories. RTX’s Raytheon wins up to $6.3 billion US missile contract
• Positive Sentiment: Raytheon also secured a U.S. Navy Standard Missile-6 contract worth up to $24.4 billion over five years, covering offensive-strike and missile-defense missions. RTX plans to expand SM-6 manufacturing capacity, reinforcing its backlog and exposure to rising global demand for air and missile defense. RTX Secures $24.4 Billion Standard Missile 6 Contract
• Positive Sentiment: Analysts see further support from the aerospace aftermarket. RBC raised its 2027 commercial aerospace maintenance, repair and overhaul growth forecast to 11.6%, with engine maintenance among the strongest areas—an important trend for RTX’s Collins Aerospace and Pratt & Whitney businesses. Aerospace aftermarket outlook strengthens
• Neutral Sentiment: TD Cowen maintained a Buy rating but lowered its RTX price target from $240 to $225, suggesting continued confidence in the company while reflecting more cautious valuation or execution assumptions.
• Negative Sentiment: Jim Cramer said investor concerns that U.S. defense spending may have peaked are weighing on RTX, despite his disagreement with that view. The debate could limit the stock’s near-term reaction to contract wins.

RTX Company Profile

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and supplies technologies for commercial aviation, business aviation, military operations and space applications. The company serves customers including aircraft manufacturers, airlines, governments and armed forces worldwide.

RTX operates through three principal business segments: Collins Aerospace, which provides aerospace systems, avionics, interiors, landing systems and other aircraft equipment; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance and services; and Raytheon, which develops integrated air and missile defense systems, precision weapons, radars, sensors, command-and-control technologies and other defense solutions.

The company was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation, although its businesses trace their histories to earlier aerospace and technology companies, including Pratt & Whitney and Collins Aerospace predecessor organizations.