RTX (NYSE:RTX) Upgraded by Dbs Bank to “Moderate Buy” Rating

Dbs Bank upgraded shares of RTX (NYSE:RTXFree Report) from a hold rating to a moderate buy rating in a report issued on Wednesday,Zacks.com reports.

Several other research firms have also weighed in on RTX. Morgan Stanley reduced their target price on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings restated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. Wells Fargo & Company assumed coverage on RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 target price for the company. Finally, UBS Group reduced their target price on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $211.38.

Get Our Latest Analysis on RTX

RTX Trading Up 3.8%

Shares of NYSE RTX opened at $184.15 on Wednesday. The stock has a market cap of $247.98 billion, a price-to-earnings ratio of 34.55, a PEG ratio of 2.51 and a beta of 0.31. The business has a 50 day simple moving average of $183.23 and a 200 day simple moving average of $189.03. RTX has a 52 week low of $140.13 and a 52 week high of $214.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $21.38 billion. During the same quarter in the previous year, the business posted $1.47 EPS. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, research analysts predict that RTX will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.6%. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date was Friday, May 22nd. RTX’s dividend payout ratio is presently 54.78%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of RTX. Norges Bank acquired a new position in shares of RTX during the fourth quarter worth approximately $3,167,626,000. Auto Owners Insurance Co lifted its holdings in shares of RTX by 24,730.9% during the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after buying an additional 10,062,269 shares during the last quarter. Amundi lifted its holdings in shares of RTX by 69.7% during the first quarter. Amundi now owns 7,472,243 shares of the company’s stock worth $1,441,396,000 after buying an additional 3,070,123 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of RTX by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after buying an additional 2,210,950 shares during the last quarter. Finally, Artisan Partners Limited Partnership lifted its holdings in shares of RTX by 1,545.1% during the fourth quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock worth $316,128,000 after buying an additional 1,618,933 shares during the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting 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.

RTX Company Profile

(Get Free Report)

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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Analyst Recommendations for RTX (NYSE:RTX)

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