RTX (NYSE:RTX) Earns Buy Rating from Analysts at Erste Group Bank

Erste Group Bank started coverage on shares of RTX (NYSE:RTX) in a research report released on Tuesday, Marketbeat Ratings reports. The brokerage issued a buy rating on the stock.

Several other research analysts have also issued reports on the company. Morgan Stanley restated an “overweight” rating and set a $235.00 target price on shares of RTX in a research report on Wednesday, January 28th. Wolfe Research reissued an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. 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 report on Wednesday, January 28th. Susquehanna reaffirmed a “positive” rating and issued a $230.00 price objective on shares of RTX in a research report on Thursday, January 15th. Finally, Citigroup increased their target price on RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $202.00.

RTX Trading Down 1.1%

Shares of RTX opened at $192.94 on Tuesday. RTX has a twelve month low of $112.27 and a twelve month high of $214.50. The company has a market cap of $259.68 billion, a P/E ratio of 38.90, a P/E/G ratio of 2.82 and a beta of 0.42. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. The company’s fifty day simple moving average is $200.92 and its 200-day simple moving average is $182.79.

RTX (NYSE:RTX) last released its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.08. The firm had revenue of $24.24 billion during the quarter, compared to analysts’ expectations of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. The firm’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, analysts expect that RTX will post 6.11 EPS for the current year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, February 20th were issued a $0.68 dividend. The ex-dividend date was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. RTX’s payout ratio is presently 54.84%.

Insider Buying and Selling

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the transaction, the executive vice president directly owned 59,556 shares in the company, valued at $12,242,331.36. This trade represents a 37.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Dantaya M. Williams sold 12,713 shares of the company’s 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 sale, the executive vice president owned 16,749 shares of the company’s stock, valued at $3,397,199.67. This represents a 43.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 89,255 shares of company stock valued at $18,151,956 over the last 90 days. 0.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. J. Derek Lewis & Associates Inc. bought a new position in shares of RTX during the fourth quarter valued at approximately $385,000. Rockefeller Capital Management L.P. raised its stake in RTX by 10.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 603,483 shares of the company’s stock worth $110,679,000 after buying an additional 57,503 shares in the last quarter. World Investment Advisors lifted its holdings in RTX by 8.7% during the fourth quarter. World Investment Advisors now owns 62,448 shares of the company’s stock worth $11,453,000 after buying an additional 5,020 shares during the period. Nalls Sherbakoff Group LLC bought a new stake in RTX during the 4th quarter valued at $70,000. Finally, Meadowbrook Advisors Group LLC bought a new stake in RTX during the 4th quarter valued at $807,000. 86.50% of the stock is currently owned by institutional investors.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Pentagon said it will ramp up war supplies and reached framework agreements to boost production with major defense contractors — a demand tailwind that should benefit large suppliers like RTX. Pentagon ramp-up article
• Positive Sentiment: RTX completed a $115M expansion of its Redstone missile integration plant; analysts stayed broadly bullish on the company citing backlog and defense exposure — a near-term operational win and long-term revenue support. Redstone plant completion
• Positive Sentiment: Erste Group Bank initiated coverage of RTX — new institutional coverage can increase investor attention and liquidity. Erste Group initiation
• Positive Sentiment: Media momentum: Jim Cramer called RTX “the best of the lot,” a headline that has previously driven retail buying and sentiment spikes. Cramer praise
• Neutral Sentiment: Seeking Alpha piece contrasts RTX’s long dividend history with quant models that rate the stock a “hold” — useful context for income-focused vs. quant/valuation investors but not an operational development. Seeking Alpha analysis
• Neutral Sentiment: Comparative analyst pieces (Howmet vs. RTX) highlight trade-offs: RTX benefits from backlog and defense spending but faces valuation scrutiny vs. faster-growing peers — relevant for relative allocation decisions. Howmet vs RTX
• Negative Sentiment: Valuation concerns remain noted in media coverage (some outlets label RTX “overvalued” despite analyst bullishness); a ~15% consensus upside to the $227 target still leaves downside risk if macro or defense-spending assumptions falter. Valuation discussion

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.