RTX Corporation (NYSE:RTX) Receives $228.59 Consensus Target Price from Brokerages

Shares of RTX Corporation (NYSE:RTX) have earned a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have given 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 target among brokerages that have updated their coverage on the stock in the last year is $228.5882.

Several analysts recently weighed in on the company. Wells Fargo & Company upped their price target on RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Citigroup reissued a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Royal Bank Of Canada lifted their price target on RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Dbs Bank upgraded shares of RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. Finally, Robert W. Baird set a $240.00 price objective on shares of RTX in a research note on Friday, July 24th.

RTX Stock Performance

Shares of RTX stock opened at $211.97 on Thursday. The company’s fifty day moving average price is $206.15 and its 200-day moving average price is $195.94. The stock has a market cap of $285.68 billion, a PE ratio of 37.32, a price-to-earnings-growth ratio of 2.52 and a beta of 0.29. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. RTX has a 12 month low of $150.61 and a 12 month high of $226.88.

RTX (NYSE:RTX) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company had revenue of $24.71 billion during the quarter, compared to analyst estimates of $22.89 billion. During the same period last year, the business earned $1.56 EPS. RTX’s quarterly revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities analysts expect 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. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.4%. RTX’s dividend payout ratio is 51.41%.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon won a $22.9 billion, seven-year U.S. military contract to accelerate Tomahawk missile production from roughly 60 to 1,000 missiles annually. The award materially expands RTX’s backlog and visibility, while highlighting sustained demand to replenish U.S. and allied weapons inventories. Is RTX Undervalued As Its $22.9 Billion Missile Contract Expands Backlog?
• Positive Sentiment: Raytheon completed a $50 million expansion of its Forest, Mississippi, facility. The 17,000-square-foot addition is intended to increase production of electronic-warfare and radar systems and is expected to create 100 high-skilled jobs by 2028, supporting RTX’s ability to fulfill growing defense orders. RTX’s Raytheon Completes $50 Million Expansion of Mississippi Manufacturing Facility
• Positive Sentiment: Brokerages collectively maintain a “Moderate Buy” recommendation for RTX. This provides continued analyst support following the company’s latest earnings beat, in which revenue rose 14.5% year over year and earnings exceeded consensus estimates. RTX Receives Consensus Recommendation of Moderate Buy
• Neutral Sentiment: Recent coverage comparing RTX with Rolls-Royce and the broader aerospace sector indicates that RTX has delivered strong performance this year, including an approximately 18% 90-day gain and 13% year-to-date increase. The comparison reinforces momentum but does not represent a new company catalyst. Are Aerospace Stocks Lagging RTX Corporation This Year?
• Neutral Sentiment: Most other articles concern NVIDIA’s GeForce RTX graphics cards, DLSS software, gaming PCs, or unrelated companies. Those reports do not materially affect RTX Corporation’s aerospace and defense operations or its stock.

Insider Buying and Selling at RTX

In other news, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the transaction, the vice president directly owned 20,099 shares of the company’s stock, valued at $4,360,076.07. This represents a 10.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Troy D. Brunk sold 8,557 shares of the stock in a transaction on Friday, July 24th. The shares were sold at an average price of $210.29, for a total value of $1,799,451.53. Following the sale, the insider directly owned 8,809 shares in the company, valued at $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. In the last three months, insiders have sold 29,222 shares of company stock worth $6,362,003. Insiders own 0.10% of the company’s stock.

Institutional Trading of RTX

Institutional investors have recently made changes to their positions in the stock. Corient Private Wealth LP grew its stake in shares of RTX by 2,669.1% in the second quarter. Corient Private Wealth LP now owns 1,399,904 shares of the company’s stock worth $265,604,000 after acquiring an additional 1,349,350 shares during the period. Tucker Asset Management LLC bought a new position in RTX during the second quarter valued at approximately $203,000. Amundi lifted its position in RTX by 4.0% during the second quarter. Amundi now owns 7,768,207 shares of the company’s stock valued at $1,473,862,000 after purchasing an additional 295,964 shares during the period. Groupe la Francaise boosted its holdings in RTX by 50.9% in the second quarter. Groupe la Francaise now owns 261 shares of the company’s stock worth $45,000 after purchasing an additional 88 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in RTX in the second quarter worth approximately $8,538,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

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.