RTX Corporation (NYSE:RTX) Stock Has Consensus Target Price of $228.59 According to Brokerages

Shares of RTX Corporation (NYSE:RTX – Get Free Report) have received an average rating of “Moderate Buy” from the twenty-one brokerages that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, fourteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $228.06.

RTX has been the subject of several recent research reports. Jefferies Financial Group set a $250.00 price objective on RTX in a report on Sunday, July 26th. Argus set a $245.00 price target on shares of RTX in a report on Thursday, July 30th. Sanford C. Bernstein lowered their price target on shares of RTX from $232.00 to $223.00 and set a “market perform” rating for the company in a research report on Wednesday. Robert W. Baird set a $240.00 price objective on shares of RTX in a research note on Friday, July 24th. Finally, Royal Bank Of Canada boosted their price objective on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th.

Read Our Latest Research Report on RTX

Insider Activity

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction on 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 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. The trade was a 50.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the completion of the transaction, the vice president owned 22,349 shares in the company, valued at $4,774,193.38. This trade represents a 17.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On RTX

A number of hedge funds and other institutional investors have recently bought and sold shares of RTX. BlackRock Inc. acquired a new position in shares of RTX during the second quarter valued at about $20,970,571,000. Norges Bank acquired a new stake in RTX in the 4th quarter worth approximately $3,167,626,000. Auto Owners Insurance Co grew its position in RTX by 24,730.9% during the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after purchasing an additional 10,062,269 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in RTX during the 2nd quarter worth approximately $1,456,256,000. Finally, Legal & General Group Plc acquired a new position in RTX during the 2nd quarter valued at approximately $1,267,256,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Trending Headlines about RTX

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

RTX Trading Up 0.4%

RTX opened at $189.35 on Monday. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. The stock’s fifty day moving average is $207.80 and its two-hundred day moving average is $195.21. The company has a market capitalization of $255.20 billion, a P/E ratio of 33.34, a PEG ratio of 2.43 and a beta of 0.29. RTX has a 52 week low of $155.64 and a 52 week high of $226.88.

RTX (NYSE:RTX – Get Free Report) last issued 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 return on equity of 13.99% and a net margin of 8.28%.The business had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. During the same period in the prior year, the business earned $1.56 EPS. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts forecast that RTX will post 7.22 earnings per share for the current year.

RTX Company Profile

(Get Free Report)

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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Analyst Recommendations for RTX (NYSE:RTX)

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