RTX (NYSE:RTX) Upgraded to Buy at Melius Research

Melius Research upgraded shares of RTX (NYSE:RTX) from a hold rating to a buy rating in a report published on Thursday morning, MarketBeat.com reports.

RTX has been the topic of a number of other research reports. UBS Group reaffirmed a “neutral” rating on shares of RTX in a research note on Wednesday, January 28th. Susquehanna reissued a “positive” rating and issued a $230.00 price target on shares of RTX in a report on Thursday, January 15th. Weiss Ratings restated a “buy (b-)” rating on shares of RTX in a research report on Monday, December 29th. Jefferies Financial Group reaffirmed a “hold” rating on shares of RTX in a research note on Friday, March 6th. Finally, Wolfe Research reissued an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, RTX has an average rating of “Moderate Buy” and an average target price of $204.44.

RTX Price Performance

Shares of NYSE RTX opened at $196.25 on Thursday. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. The company’s 50-day moving average price is $200.24 and its 200 day moving average price is $184.09. RTX has a 52 week low of $112.27 and a 52 week high of $214.50. The stock has a market cap of $264.14 billion, a price-to-earnings ratio of 39.57, a PEG ratio of 2.82 and a beta of 0.43.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.08. The company had revenue of $24.24 billion during the quarter, compared to analysts’ expectations of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, research analysts forecast that RTX will post 6.11 earnings per share for the current fiscal year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, February 20th. RTX’s dividend payout ratio is currently 54.84%.

Insider Buying and Selling at RTX

In other news, EVP Dantaya M. Williams sold 12,713 shares of RTX stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the completion of the sale, the executive vice president owned 16,749 shares of the company’s stock, valued at $3,397,199.67. The trade was a 43.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Kevin G. Dasilva sold 8,136 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $201.30, for a total value of $1,637,776.80. Following the transaction, the vice president owned 27,102 shares in the company, valued at $5,455,632.60. This trade represents a 23.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 89,255 shares of company stock valued at $18,151,956. 0.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On RTX

Institutional investors have recently bought and sold shares of the stock. State Street Corp raised its stake in shares of RTX by 0.5% in the 2nd quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after acquiring an additional 552,009 shares during the period. Oppenheimer & Co. Inc. boosted its position in RTX by 10.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock worth $28,648,000 after purchasing an additional 16,467 shares during the period. Groupama Asset Managment purchased a new stake in RTX during the 3rd quarter worth $150,078,000. Rockland Trust Co. increased its holdings in RTX by 121.1% in the 3rd quarter. Rockland Trust Co. now owns 20,245 shares of the company’s stock valued at $3,388,000 after purchasing an additional 11,089 shares in the last quarter. Finally, Coldstream Capital Management Inc. raised its position in RTX by 9.5% in the third quarter. Coldstream Capital Management Inc. now owns 75,321 shares of the company’s stock valued at $12,604,000 after purchasing an additional 6,566 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Unusually large call buying — traders purchased ~47,356 RTX calls today (roughly +147% vs. typical daily call volume). Heavy call flow can signal bullish conviction or hedged institutional positioning and often precedes intraday/short-term upward pressure on the share price.
• Positive Sentiment: Melius Research upgraded RTX from “hold” to “buy”, which can attract momentum buyers. Finviz: Melius Upgrade
• Positive Sentiment: Erste Group initiated coverage with a Buy, citing strength in RTX’s engine business and defense tailwinds — adds third‑party confirmation of the company’s defense/aftermarket growth story. Erste Group Initiates RTX With Buy
• Positive Sentiment: Product/cybercapability win — RTX’s BBN Technologies released Maude‑HCS, an open‑source toolkit for validating covert communications (DARPA-funded). Demonstrates RTX’s cyber R&D and could support defense/contract credibility. BBN Maude‑HCS Release
• Neutral Sentiment: New coverage from Wells Fargo (equal weight / $200 PT) establishes a baseline institutional view but is not a strong catalyst either way. Wells Fargo Coverage
• Neutral Sentiment: Multiple consumer tech headlines reference “RTX” GPUs (product reviews, DLSS 6 rumors, PC deals). These mostly concern NVIDIA’s RTX-branded graphics products and are unlikely to materially affect RTX Corporation’s aerospace & defense fundamentals. Representative article: PCWorld: RTX GPUs & Local AI
• Negative Sentiment: Citigroup cut its price target from $238 to $226 while keeping a “buy” rating — the downgrade to the PT trims some analyst upside and could temper enthusiasm. Benzinga: Citigroup Lowers PT
• Negative Sentiment: Political risk: commentary about a potential U.S. pullback from NATO is stoking concern that defense spending dynamics could shift, which would be a negative for large defense contractors if it materializes. Benzinga: NATO/Defense Risk

RTX Company Profile

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.