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

Shares of RTX Corporation (NYSE:RTXGet Free Report) have been assigned an average rating of “Moderate Buy” from the twenty-two analysts that are covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $199.50.

A number of analysts have recently commented on the company. Citigroup lifted their price target on RTX from $227.00 to $238.00 and gave the company a “buy” rating in a research note on Thursday. Susquehanna reissued a “positive” rating and set a $230.00 target price on shares of RTX in a report on Thursday, January 15th. Bank of America upped their price target on shares of RTX from $175.00 to $215.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Sanford C. Bernstein reiterated a “market perform” rating and set a $204.00 price target on shares of RTX in a report on Thursday, January 29th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th.

View Our Latest Report on RTX

RTX Stock Performance

Shares of RTX stock opened at $198.78 on Friday. The company’s 50 day moving average price is $187.63 and its two-hundred day moving average price is $172.26. The firm has a market capitalization of $266.52 billion, a P/E ratio of 40.08, a P/E/G ratio of 2.87 and a beta of 0.43. RTX has a fifty-two week low of $112.27 and a fifty-two week high of $206.48. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. The company had revenue of $24.24 billion during the quarter, compared to analysts’ expectations of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.RTX’s revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts forecast that RTX will post 6.11 earnings per share for the current fiscal year.

RTX News Summary

Here are the key news stories impacting RTX this week:

Institutional Investors Weigh In On RTX

Several large investors have recently modified their holdings of the company. Norges Bank bought a new position in shares of RTX in the 2nd quarter worth $2,359,602,000. Laurel Wealth Advisors LLC raised its holdings in RTX by 14,974.7% during the second quarter. Laurel Wealth Advisors LLC now owns 3,598,943 shares of the company’s stock worth $525,518,000 after buying an additional 3,575,069 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of RTX by 1.9% in the second quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock valued at $17,825,353,000 after buying an additional 2,238,247 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of RTX by 9.3% during the second quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock valued at $2,330,215,000 after buying an additional 1,361,071 shares during the last quarter. Finally, California Public Employees Retirement System increased its position in shares of RTX by 27.5% during the third quarter. California Public Employees Retirement System now owns 4,796,746 shares of the company’s stock worth $802,640,000 after acquiring an additional 1,034,456 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

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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