Wells Fargo & Company Begins Coverage on RTX (NYSE:RTX)

Investment analysts at Wells Fargo & Company started coverage on shares of RTX (NYSE:RTX) in a research report issued on Wednesday, MarketBeat Ratings reports. The brokerage set an “equal weight” rating and a $200.00 price target on the stock. Wells Fargo & Company‘s price target indicates a potential upside of 1.91% from the company’s current price.

Several other research firms also recently weighed in on RTX. Vertical Research reissued a “buy” rating and set a $227.00 price target on shares of RTX in a research report on Tuesday, January 27th. JPMorgan Chase & Co. increased their price objective on RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. Sanford C. Bernstein reiterated a “market perform” rating and set a $204.00 price objective on shares of RTX in a research report on Thursday, January 29th. Citigroup boosted their target price on shares of RTX from $227.00 to $238.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Royal Bank Of Canada upped their target price on shares of RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. One 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 given a Sell rating to the company. According to MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus price target of $204.44.

RTX Stock Up 0.8%

RTX stock opened at $196.25 on Wednesday. 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 company’s 50 day simple moving average is $200.24 and its 200-day simple moving average is $184.09. RTX has a 12 month low of $112.27 and a 12 month high of $214.50. The firm has a market capitalization of $264.14 billion, a PE ratio of 39.57, a P/E/G ratio of 2.82 and a beta of 0.43.

RTX (NYSE:RTX) last issued its quarterly earnings data 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. RTX had a return on equity of 13.08% and a net margin of 7.60%.The firm had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. During the same period in the previous year, the firm posted $1.54 EPS. The company’s quarterly 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. Equities analysts expect that RTX will post 6.11 earnings per share for the current fiscal year.

Insider Buying and Selling at RTX

In other news, EVP Ramsaran Maharajh sold 15,124 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares in the company, valued at $2,698,105.60. This represents a 53.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of RTX stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the completion of the transaction, the executive vice president owned 59,556 shares in the company, valued at $12,242,331.36. The trade was a 37.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 89,255 shares of company stock worth $18,151,956. 0.10% of the stock is currently owned by company insiders.

Institutional Trading of RTX

Institutional investors have recently modified their holdings of the company. Norges Bank purchased a new position in RTX in the fourth quarter valued at approximately $3,167,626,000. Auto Owners Insurance Co grew its stake in RTX by 24,730.9% during the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after buying an additional 10,062,269 shares during the period. Vanguard Group Inc. increased its position in shares of RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after acquiring an additional 2,210,950 shares in the last quarter. Artisan Partners Limited Partnership raised its stake in shares of RTX by 1,545.1% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock valued at $316,128,000 after acquiring an additional 1,618,933 shares during the period. Finally, Amundi raised its stake in shares of RTX by 49.1% in the 4th quarter. Amundi now owns 4,402,120 shares of the company’s stock valued at $807,349,000 after acquiring an additional 1,450,596 shares during the period. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX News Roundup

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

About RTX

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.