RTX Corporation (NYSE:RTX) Receives $211.38 Consensus Price Target from Analysts

RTX Corporation (NYSE:RTXGet Free Report) has received an average rating of “Moderate Buy” from the twenty-two analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $211.3750.

A number of equities analysts have issued reports on the stock. UBS Group cut their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Citigroup reaffirmed a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Melius Research raised RTX from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Wells Fargo & Company assumed coverage on RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target on the stock. Finally, Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a research report on Monday, April 27th.

Read Our Latest Stock Analysis on RTX

RTX Stock Down 1.3%

Shares of NYSE:RTX opened at $193.82 on Wednesday. The company’s fifty day moving average is $183.55 and its two-hundred day moving average is $191.47. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. RTX has a 1-year low of $143.56 and a 1-year high of $214.50. The stock has a market capitalization of $261.02 billion, a price-to-earnings ratio of 36.36, a price-to-earnings-growth ratio of 2.69 and a beta of 0.30.

RTX (NYSE:RTXGet Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same period in the previous year, the business posted $1.47 EPS. The company’s quarterly revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts anticipate that RTX will post 6.92 EPS for the current year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s payout ratio is presently 54.78%.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

Institutional Investors Weigh In On RTX

Several large investors have recently made changes to their positions in RTX. BNP Paribas bought a new position in RTX in the 3rd quarter worth approximately $25,000. Navalign LLC bought a new stake in RTX during the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX during the 4th quarter worth $26,000. Core Wealth Advisors LLC acquired a new position in RTX during the 4th quarter worth $31,000. Finally, 1 North Wealth Services LLC grew its stake in shares of RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 137 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

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.

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Analyst Recommendations for RTX (NYSE:RTX)

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