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

Shares of RTX Corporation (NYSE:RTXGet Free Report) have received an average rating of “Moderate Buy” from the twenty-one brokerages that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $199.50.

RTX has been the topic of a number of recent analyst reports. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. DZ Bank cut shares of RTX from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. Sanford C. Bernstein restated a “market perform” rating and issued a $204.00 price objective on shares of RTX in a report on Thursday, January 29th. UBS Group reaffirmed a “neutral” rating on shares of RTX in a research report on Wednesday, January 28th. Finally, JPMorgan Chase & Co. boosted their price target on shares of RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th.

Read Our Latest Analysis on RTX

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

RTX Trading Up 1.2%

NYSE:RTX opened at $209.03 on Thursday. The firm has a market capitalization of $280.58 billion, a P/E ratio of 42.14, a P/E/G ratio of 2.98 and a beta of 0.42. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The company has a fifty day moving average of $196.67 and a 200 day moving average of $178.00. RTX has a 52 week low of $112.27 and a 52 week high of $214.50.

RTX (NYSE:RTXGet Free Report) last released its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. The firm had revenue of $24.24 billion for 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 company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, research analysts predict that RTX will post 6.11 earnings per share for the current year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 20th will be paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, February 20th. RTX’s dividend payout ratio (DPR) is presently 54.84%.

Insiders Place Their Bets

In other news, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the completion of the transaction, the vice president directly owned 27,102 shares in the company, valued at approximately $5,455,632.60. This trade represents a 23.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dantaya M. Williams sold 12,713 shares of the company’s stock in a transaction that occurred 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 in the company, valued at $3,397,199.67. The trade was a 43.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 89,255 shares of company stock valued at $18,151,956 in the last 90 days. Corporate insiders own 0.15% of the company’s stock.

Institutional Trading of RTX

Institutional investors and hedge funds have recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after buying an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after acquiring an additional 159 shares during the period. United Bank lifted its holdings in RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after acquiring an additional 4,131 shares during the period. Schnieders Capital Management LLC. boosted its position in RTX by 3.1% in the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after purchasing an additional 623 shares during the last quarter. Finally, Prosperity Consulting Group LLC grew its stake in shares of RTX by 1.5% during the 2nd quarter. Prosperity Consulting Group LLC now owns 7,786 shares of the company’s stock valued at $1,137,000 after purchasing an additional 118 shares during the period. 86.50% of the stock is currently owned by institutional investors.

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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