RTX (NYSE:RTX – Get Free Report) was upgraded by investment analysts at Dbs Bank from a “hold” rating to a “moderate buy” rating in a research report issued on Wednesday,Zacks.com reports.
A number of other analysts also recently issued reports on RTX. Weiss Ratings reaffirmed a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. Jefferies Financial Group raised RTX from a “hold” rating to a “buy” rating and raised their target price for the stock from $210.00 to $220.00 in a research note on Thursday, June 4th. UBS Group cut their target price on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Erste Group Bank downgraded RTX from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Morgan Stanley cut their target price on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and a consensus target price of $211.38.
Read Our Latest Research Report on RTX
RTX Stock Up 3.8%
RTX (NYSE:RTX – Get Free Report) last issued its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The business had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same period last year, the company earned $1.47 EPS. The company’s revenue for the quarter was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts anticipate that RTX will post 6.91 EPS for the current fiscal year.
Institutional Trading of RTX
A number of hedge funds and other institutional investors have recently modified their holdings of RTX. BNP Paribas acquired a new stake in shares of RTX during the 3rd quarter worth about $25,000. Navalign LLC acquired a new stake in shares of RTX during the 4th quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX during the 4th quarter worth about $26,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX during the 4th quarter worth about $31,000. Finally, 1 North Wealth Services LLC increased its position in shares of RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 137 shares during the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Collins Aerospace, an RTX business, completed a $63 million expansion of its Malaysia maintenance, repair and overhaul hub, which should boost RTX’s Asia-Pacific service capacity and cash-flow potential as airline fleets grow. RTX’s Collins Aerospace expands Malaysia MRO hub with $63M investment
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for RTX, signaling slightly better profit expectations even though the stock remains rated Hold.
- Positive Sentiment: Recent coverage around RTX’s aerospace service expansion and the Malaysia MRO buildout reinforces the case that demand for aftermarket maintenance services remains strong. RTX Malaysia MRO Expansion Adds Asia Pacific Cash Flow Potential
- Neutral Sentiment: RTX was listed among the stocks attracting heavy attention on Zacks, but that article did not add new operational or financial news by itself. RTX Corporation (RTX) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Several search and technology articles mentioning “RTX” were about Nvidia RTX graphics products, not RTX Corporation, so they are unlikely to affect the stock.
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.
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