RTX Corporation (NYSE:RTX) Given Average Rating of “Moderate Buy” by Analysts

Shares of RTX Corporation (NYSE:RTXGet Free Report) have received a consensus recommendation of “Moderate Buy” from the twenty-two ratings firms that are presently covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold recommendation, fifteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $199.50.

RTX has been the topic of several recent research reports. Royal Bank Of Canada raised their target price on shares of RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Wolfe Research restated an “outperform” rating on shares of RTX in a research note on Wednesday. Morgan Stanley reaffirmed an “overweight” rating and issued a $235.00 price objective on shares of RTX in a report on Wednesday, January 28th. Vertical Research reissued a “buy” rating and set a $227.00 target price on shares of RTX in a report on Tuesday, January 27th. Finally, Citigroup boosted their price target on RTX from $227.00 to $238.00 and gave the company a “buy” rating in a research note on Thursday.

View Our Latest Analysis on RTX

Institutional Trading of RTX

Institutional investors and hedge funds have recently made changes to their positions in the company. Navalign LLC bought a new stake in RTX during the fourth quarter worth $25,000. BNP Paribas acquired a new position in shares of RTX during the 3rd quarter worth $25,000. Valley Wealth Managers Inc. bought a new stake in shares of RTX during the 3rd quarter worth $30,000. SOA Wealth Advisors LLC. boosted its stake in RTX by 57.4% in the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock valued at $32,000 after buying an additional 70 shares in the last quarter. Finally, Wexford Capital LP bought a new position in RTX in the third quarter valued at about $33,000. Institutional investors own 86.50% of the company’s stock.

Key RTX News

Here are the key news stories impacting RTX this week:

RTX Stock Up 1.4%

RTX stock opened at $198.78 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The stock has a market capitalization of $266.52 billion, a price-to-earnings ratio of 40.08, a PEG ratio of 2.87 and a beta of 0.43. The business’s fifty day moving average price is $187.63 and its two-hundred day moving average price is $172.26. RTX has a fifty-two week low of $112.27 and a fifty-two week high of $206.48.

RTX (NYSE:RTXGet Free Report) last released its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business had revenue of $24.24 billion for the quarter, compared to the consensus estimate of $22.65 billion. During the same period in the prior year, the company posted $1.54 earnings per share. RTX’s revenue was up 12.1% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts anticipate that RTX will post 6.11 earnings per share for the current year.

About RTX

(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.

Further Reading

Analyst Recommendations for RTX (NYSE:RTX)

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