Brokerages Set RTX Corporation (NYSE:RTX) PT at $228.59

Shares of RTX Corporation (NYSE:RTX) have been assigned an average rating of “Moderate Buy” from the twenty-one brokerages that are currently covering the company, Marketbeat Ratings 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 objective among analysts that have updated their coverage on the stock in the last year is $228.5882.

Several research analysts have recently weighed in on the stock. Weiss Ratings raised shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 25th. Morgan Stanley restated an “overweight” rating and set a $240.00 price objective on shares of RTX in a research report on Friday, July 24th. UBS Group boosted their target price on shares of RTX from $198.00 to $215.00 and gave the company a “neutral” rating in a report on Friday, July 24th. TD Cowen increased their price target on shares of RTX from $225.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $238.00 price target on shares of RTX in a report on Monday, July 27th.

Insiders Place Their Bets

In related news, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the sale, the vice president directly owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. This trade represents a 10.07% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Troy D. Brunk sold 8,557 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the completion of the sale, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 29,222 shares of company stock valued at $6,362,003 over the last quarter. 0.10% of the stock is owned by insiders.

Institutional Investors Weigh In On RTX

Institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System boosted its position in shares of RTX by 18,899.0% during the 2nd quarter. California State Teachers Retirement System now owns 389,832,160 shares of the company’s stock worth $73,962,856,000 after purchasing an additional 387,780,302 shares during the period. BlackRock Inc. acquired a new position in RTX during the second quarter worth $20,970,571,000. Norges Bank purchased a new position in shares of RTX during the fourth quarter worth $3,167,626,000. Auto Owners Insurance Co grew its stake in shares of RTX by 24,730.9% in the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after buying an additional 10,062,269 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of RTX in the 2nd quarter valued at $1,456,256,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Trading Down 2.1%

Shares of RTX stock opened at $200.85 on Thursday. The stock has a market cap of $270.70 billion, a P/E ratio of 35.36, a P/E/G ratio of 2.64 and a beta of 0.29. The stock’s 50 day simple moving average is $207.35 and its 200-day simple moving average is $196.08. RTX has a 1-year low of $150.61 and a 1-year high of $226.88. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78.

RTX (NYSE:RTX) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.66 by $0.23. RTX had a return on equity of 13.99% and a net margin of 8.28%.The firm had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. During the same quarter last year, the firm earned $1.56 earnings per share. The business’s revenue for the quarter was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts predict that RTX will post 7.22 EPS for the current fiscal year.

RTX Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is presently 51.41%.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX has outperformed the broader industrial sector over the past six months, supported by resilient defense demand, rising earnings estimates and solid liquidity. Analysts remain cautiously optimistic, although the stock’s premium valuation could limit further upside. RTX Outperforms Industry in the Past 6 Months: How to Play the Stock?
• Positive Sentiment: RTX’s reported $289 billion backlog provides substantial long-term revenue visibility, particularly across its defense and aerospace businesses. Investors will focus on how quickly the backlog converts to sales and cash flow, as well as its mix and profitability. RTX’s $289 Billion Backlog, Explained
• Positive Sentiment: RTX Chairman and CEO Chris Calio is scheduled to address investors at the Morgan Stanley Laguna Conference, potentially providing updates on defense demand, program execution, the backlog and financial guidance. RTX Chairman and CEO to present at the Morgan Stanley 14th Annual Laguna Conference
• Neutral Sentiment: RTX is also being discussed as a relatively defensive dividend stock because defense spending tends to be less sensitive to economic cycles. However, income-oriented investors still need to consider valuation and execution risks. Is RTX a Safe Dividend Stock to Buy?
• Negative Sentiment: A recent market report highlighted RTX’s underperformance in the latest session, adding to near-term pressure on the shares. The move appears to reflect trading sentiment rather than a newly reported deterioration in operating results. Here’s Why RTX Fell More Than the Broader Market

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.