RTX Corporation (NYSE:RTX) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

RTX Corporation (NYSE:RTX) has earned an average recommendation of “Moderate Buy” from the twenty-two analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $211.3750.

Several brokerages recently commented on RTX. Jefferies Financial Group raised RTX from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $210.00 to $220.00 in a report on Thursday, June 4th. Citigroup reissued a “buy” rating on shares of RTX in a report on Wednesday, June 17th. Morgan Stanley cut their price target on RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Wells Fargo & Company assumed coverage on shares of RTX in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $200.00 price target for the company. Finally, Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th.

Institutional Investors Weigh In On RTX

A number of hedge funds have recently modified their holdings of the business. Foster Group Inc. increased its stake in shares of RTX by 7.3% in the 2nd quarter. Foster Group Inc. now owns 3,638 shares of the company’s stock worth $690,000 after purchasing an additional 249 shares in the last quarter. JGP Wealth Management LLC lifted its position in RTX by 3.7% during the second quarter. JGP Wealth Management LLC now owns 82,053 shares of the company’s stock valued at $15,568,000 after purchasing an additional 2,933 shares in the last quarter. Mechanics Bank Trust Department grew its holdings in RTX by 5.9% during the second quarter. Mechanics Bank Trust Department now owns 8,428 shares of the company’s stock valued at $1,599,000 after purchasing an additional 470 shares during the period. David J Yvars Group grew its holdings in RTX by 4.7% during the second quarter. David J Yvars Group now owns 1,329 shares of the company’s stock valued at $252,000 after purchasing an additional 60 shares during the period. Finally, M.E. Allison & CO. Inc. increased its position in RTX by 6.9% in the second quarter. M.E. Allison & CO. Inc. now owns 1,754 shares of the company’s stock worth $333,000 after buying an additional 113 shares in the last quarter. Institutional investors own 86.50% of the company’s stock.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s Raytheon unit is expanding AMRAAM production with NATO and European suppliers, which could boost delivery capacity and support defense sales growth. RTX, NATO advance major expansion of AMRAAM® production capacity
• Positive Sentiment: Raytheon is also working with European firms to double Stinger missile production, reinforcing demand for RTX defense systems and strengthening its transatlantic supply chain. RTX’s Raytheon doubling global Stinger missile production
• Positive Sentiment: Commentary highlighting RTX’s strong recent rally, defense contract wins, and solid liquidity may continue to support investor confidence in the stock’s long-term outlook. RTX Outperforms Industry in the Past Year: How to Play the Stock?
• Neutral Sentiment: RTX was removed from the Russell 1000 Dynamic Index, which may trigger portfolio rebalancing but does not change the company’s fundamentals. RTX Left The Russell 1000 Index, Is It A Bargain Or Fully Priced?
• Neutral Sentiment: A separate valuation-focused comparison with General Dynamics is another reminder that investors are still weighing RTX’s price against peers. GD vs. RTX: Which Stock Should Value Investors Buy Now?
• Negative Sentiment: Geopolitical headlines about potential shipping tolls or disruptions in the Strait of Hormuz could raise broader defense-sector and supply-chain uncertainty, but they are only an indirect factor for RTX. Hormuz Tolls Are Just the Beginning: The World’s Busiest Shipping Route Could Be Next

RTX Stock Down 0.2%

Shares of RTX stock opened at $200.91 on Wednesday. RTX has a twelve month low of $142.98 and a twelve month high of $214.50. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The company’s 50 day moving average is $181.44 and its 200 day moving average is $191.06. The company has a market cap of $270.57 billion, a price-to-earnings ratio of 37.70, a price-to-earnings-growth ratio of 2.85 and a beta of 0.30.

RTX (NYSE:RTX) last posted its earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. The business had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm’s revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts anticipate that RTX will post 6.91 EPS for the current year.

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be given a $0.73 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.5%. RTX’s dividend payout ratio (DPR) is presently 54.78%.

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.