RTX Corporation (NYSE:RTX) Stock Has Consensus Target Price of $228.59 According to Brokerages
by Mitch Edgeman · The Markets DailyRTX Corporation (NYSE:RTX – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the twenty-one ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, fourteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $228.06.
A number of equities analysts recently commented on RTX shares. TD Cowen lifted their price target on RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $238.00 price objective on shares of RTX in a research note on Monday, July 27th. Citigroup reaffirmed a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Jefferies Financial Group set a $250.00 target price on RTX in a research report on Sunday, July 26th. Finally, Wells Fargo & Company boosted their price target on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th.
RTX Trading Down 0.0%
RTX opened at $189.35 on Monday. RTX has a 12-month low of $155.64 and a 12-month high of $226.88. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The stock has a market capitalization of $255.20 billion, a PE ratio of 33.34, a P/E/G ratio of 2.44 and a beta of 0.29. The firm’s fifty day moving average price is $207.80 and its 200 day moving average price is $195.12.
RTX (NYSE:RTX – Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period last year, the business earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, research analysts expect that RTX will post 7.22 EPS for the current fiscal year.
Insider Buying and Selling
In related news, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction 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 transaction, the vice president directly owned 22,349 shares in the company, valued at $4,774,193.38. This trade represents a 17.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,222 shares of company stock worth $6,362,003 over the last ninety days. 0.10% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of RTX. BlackRock Inc. acquired a new stake in RTX during the second quarter worth about $20,970,571,000. Norges Bank acquired a new position in RTX in the fourth quarter valued at approximately $3,167,626,000. Auto Owners Insurance Co boosted its stake in RTX by 24,730.9% in the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after acquiring an additional 10,062,269 shares during the period. Bank of New York Mellon Corp bought a new position in shares of RTX during the second quarter valued at approximately $1,456,256,000. Finally, Legal & General Group Plc bought a new position in shares of RTX during the second quarter valued at approximately $1,267,256,000. 86.50% of the stock is owned by institutional investors and hedge funds.
More RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Pratt & Whitney delivered its first GTF Advantage-powered Airbus A321XLR to United Airlines. The engine upgrade is intended to improve durability and range, supporting RTX’s commercial aerospace growth and the long-term aftermarket opportunity. RTX Pratt & Whitney GTF Advantage delivery
- Positive Sentiment: Pratt & Whitney Canada signed a four-year engine-maintenance agreement with AirBorneo Airways. The contract expands recurring maintenance, repair and overhaul revenue through 2030 and will be serviced from RTX’s expanded Singapore facility. Pratt & Whitney AirBorneo maintenance agreement
- Positive Sentiment: RTX reportedly has a $289 billion backlog and recently raised guidance. Those figures reinforce demand visibility across aerospace and defense, although investors remain focused on execution, cash flow and whether the backlog converts into earnings quickly enough. RTX backlog and guidance
About RTX
RTX Corporation (NYSE:RTX) is an aerospace and defense company that develops and manufactures systems, products and services for commercial aviation, business aviation and government customers. Its offerings include aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, radar, air and missile defense systems, precision weapons and cybersecurity solutions.
The company operates through three principal businesses: Collins Aerospace, which provides aerospace systems and components; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance services; and Raytheon, which develops integrated defense systems, sensors, missiles and other mission technologies.
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