RTX (NYSE:RTX) Coverage Initiated at Erste Group Bank

Equities research analysts at Erste Group Bank initiated coverage on shares of RTX (NYSE:RTX) in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The brokerage set a “buy” rating on the stock.

RTX has been the subject of several other reports. Citigroup boosted their target price on RTX from $227.00 to $238.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $204.00 price target on shares of RTX in a research report on Thursday, January 29th. Royal Bank Of Canada boosted their price objective on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday, January 28th. Wolfe Research reissued an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Finally, Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $202.00.

RTX Trading Up 0.6%

NYSE RTX opened at $195.07 on Tuesday. The firm’s fifty day moving average price is $201.06 and its 200 day moving average price is $182.72. RTX has a 12 month low of $112.27 and a 12 month high of $214.50. 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 has a market capitalization of $262.56 billion, a price-to-earnings ratio of 39.33, a price-to-earnings-growth ratio of 2.81 and a beta of 0.42.

RTX (NYSE:RTX) last released its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.08. The company had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. RTX’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, sell-side analysts expect that RTX will post 6.11 earnings per share for the current fiscal year.

Insider Transactions at RTX

In other RTX news, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the completion of the transaction, the executive vice president owned 16,749 shares in the company, valued at approximately $3,397,199.67. This represents a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Kevin G. Dasilva sold 8,136 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $201.30, for a total value of $1,637,776.80. Following the completion of the sale, the vice president directly owned 27,102 shares of the company’s stock, valued at approximately $5,455,632.60. This trade represents a 23.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 89,255 shares of company stock valued at $18,151,956 in the last three months. Insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On RTX

Several institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC lifted its holdings in RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after purchasing an additional 3,332 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of RTX by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after buying an additional 159 shares in the last quarter. United Bank raised its position in shares of RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after buying an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. raised its position in shares of RTX by 3.1% in the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after buying an additional 623 shares during the last quarter. Finally, Waterloo Capital L.P. lifted its stake in shares of RTX by 20.8% during the second quarter. Waterloo Capital L.P. now owns 4,305 shares of the company’s stock valued at $629,000 after buying an additional 740 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon completed a $115M expansion of its Redstone missile integration plant, boosting production capacity for missile programs and supporting near‑term revenue from defense contracts. Analysts Remain Bullish on RTX (RTX) Following Completion of Its $115 Million Redstone Missile Integration Plant Investment Expansion
• Positive Sentiment: The Pentagon said it will ramp up war supplies with defense firms under framework agreements, a policy shift that should lift backlog visibility and order pace for major contractors including RTX. Pentagon says it will ramp up war supplies with defense companies
• Positive Sentiment: Pratt & Whitney won a follow‑on contract to supply TJ150 engines for Leidos’ AGM‑190A cruise missiles — a program win that concretely supports aftermarket and defense revenue streams. (Also cited in billionaire‑backed stock roundups that can attract investor interest.) Is RTX Corporation (RTX) the Best Aerospace and Defense Stock to Buy According to Billionaires?
• Positive Sentiment: Recent analyst moves (Zacks upgraded to a #2 Buy; new coverage from Erste with a Buy rating) increase visibility and may support near‑term buying interest. All You Need to Know About RTX (RTX) Rating Upgrade to Buy
• Neutral Sentiment: Analyst sentiment is mixed: while 56% of covers are bullish, several outlets flag RTX among overvalued names with a consensus $227 target (implying upside but also valuation risk). Investors may weigh growth vs stretched multiples. Analysts Remain Bullish on RTX (RTX) Following Completion of Its $115 Million Redstone Missile Integration Plant Investment Expansion
• Neutral Sentiment: Comparative analyst pieces (Howmet, ATI vs RTX) keep the stock in investor screens but offer mixed relative picks — useful context but not a direct catalyst. Howmet vs. RTX: Which Aerospace & Defense Stock is the Better Pick Now?
• Negative Sentiment: Supply‑chain risk: U.S. rules to eliminate Chinese‑origin rare earths from key weapons by 2027 could pressure costs and program timelines for systems that rely on those materials (AMRAAM, Tomahawk), creating execution risk for Raytheon programs. RTX Rare Earth Sourcing Test As Missile Capacity Expands
• Negative Sentiment: The shares have also shown short‑term volatility (recent day‑to‑day slides) — a reminder that macro moves and sector rotations can quickly offset fundamental headlines. RTX (RTX) Stock Slides as Market Rises: Facts to Know Before You Trade

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.