RTX (NYSE:RTX) Upgraded at Wells Fargo & Company

Wells Fargo & Company upgraded shares of RTX (NYSE:RTX) to a hold rating in a report published on Tuesday morning,Zacks.com reports.

RTX has been the topic of a number of other research reports. Morgan Stanley restated an “overweight” rating and set a $235.00 price target on shares of RTX in a research report on Wednesday, January 28th. JPMorgan Chase & Co. upped their price objective on RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Susquehanna reiterated a “positive” rating and set a $230.00 price objective on shares of RTX in a research report on Thursday, January 15th. Weiss Ratings restated a “buy (b-)” rating on shares of RTX in a research report on Monday, December 29th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of RTX in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus price target of $204.44.

RTX Stock Performance

RTX stock opened at $196.25 on Tuesday. The firm’s fifty day moving average price is $200.24 and its 200-day moving average price is $184.09. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. The stock has a market cap of $264.14 billion, a P/E ratio of 39.57, a price-to-earnings-growth ratio of 2.82 and a beta of 0.43. RTX has a fifty-two week low of $112.27 and a fifty-two week high of $214.50.

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 the consensus estimate of $1.47 by $0.08. The company had revenue of $24.24 billion during the quarter, compared to analyst estimates 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 period in the previous year, the business earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts expect that RTX will post 6.11 earnings per share for the current fiscal year.

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders 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 (DPR) is 54.84%.

Insider Transactions at RTX

In related news, insider Shane G. Eddy sold 17,527 shares of the stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ramsaran Maharajh sold 15,124 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total value of $3,095,126.60. Following the transaction, the executive vice president owned 13,184 shares in the company, valued at approximately $2,698,105.60. The trade was a 53.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 89,255 shares of company stock valued at $18,151,956. 0.10% of the stock is currently owned by corporate insiders.

Institutional Trading of RTX

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

Key Stories Impacting RTX

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.