RTX (NYSE:RTX) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

RTX Corporation (NYSE:RTX)’s stock price crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $195.37 and traded as high as $197.91. RTX shares last traded at $197.4490, with a volume of 5,582,797 shares.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Long-term Collins Aerospace contract: Air Europa extended its exclusive Boeing 787 nacelle-maintenance agreement with RTX’s Collins Aerospace through 2037. The renewal provides long-term recurring aftermarket revenue and supports fleet reliability, although the financial contribution was not disclosed. Air Europa extends exclusive Boeing 787 nacelle maintenance agreement
• Positive Sentiment: Strong backlog and recent earnings: RTX’s record backlog is approximately $340 billion, including $164 billion in defense orders. Its latest quarter also showed 11.1% year-over-year revenue growth, with earnings and sales exceeding analyst expectations. These factors reinforce visibility into future revenue and cash flow. Better Defense Stock to Own Through 2030: Palantir vs. RTX Corporation
• Neutral Sentiment: Investor focus remains elevated: Articles are debating whether RTX’s multiyear rally and roughly 32-times earnings valuation are justified by its cash-generation potential, backlog and aerospace exposure. Analysts generally view the company as well positioned, but future gains may depend on continued execution and free-cash-flow growth. RTX: buy, sell, or hold post Q3 earnings?
• Negative Sentiment: Sector weakness and valuation risk: Defense stocks recently experienced an unusually prolonged losing streak, with the aerospace and defense ETF giving back its 2026 gains. That weakness could limit RTX’s near-term upside, particularly after its substantial three-year advance and with the stock trading at a premium to historical levels. 9 Defense Stocks to Watch Before the Next Big Rally

Analysts Set New Price Targets

A number of brokerages have weighed in on RTX. TD Cowen decreased their target price on shares of RTX from $240.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, October 9th. DA Davidson boosted their price target on RTX from $192.00 to $219.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. JPMorgan Chase & Co. boosted their price target on RTX from $215.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Robert W. Baird set a $240.00 price target on RTX in a research note on Friday, July 24th. Finally, BNP Paribas Exane raised their price objective on RTX from $220.00 to $265.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and an average price target of $228.86.

RTX Stock Up 0.7%

The company’s 50-day moving average is $196.07 and its 200 day moving average is $195.41. The company has a market capitalization of $264.37 billion, a PE ratio of 31.80, a P/E/G ratio of 2.24 and a beta of 0.31. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.81 and a current ratio of 1.05.

RTX (NYSE:RTX) last released its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. The business had revenue of $24.96 billion during the quarter, compared to analyst estimates of $24.11 billion. RTX had a net margin of 8.75% and a return on equity of 14.89%. RTX’s revenue was up 11.1% compared to the same quarter last year. During the same period last year, the business earned $1.70 EPS. As a group, analysts anticipate that RTX Corporation will post 7.57 EPS for the current year.

Insider Activity at RTX

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the transaction, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On RTX

Several institutional investors and hedge funds have recently added to or reduced their stakes in RTX. Evergreen Advisors LLC purchased a new stake in RTX during the first quarter valued at $31,000. Signature Resources Capital Management LLC lifted its holdings in RTX by 111.5% in the first quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock valued at $36,000 after acquiring an additional 97 shares during the period. BOK Financial Private Wealth Inc. purchased a new position in RTX in the second quarter worth about $36,000. Groupe la Francaise boosted its position 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, Kilter Group LLC purchased a new position in RTX in the second quarter worth about $51,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

About RTX

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and manufactures products and systems for commercial aviation, business aviation, military aircraft and government customers. Its portfolio includes aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, air and missile defense systems, precision weapons, radars and advanced sensors.

The company operates through three principal businesses: Collins Aerospace, which supplies aerospace systems and components; Pratt & Whitney, which designs and produces aircraft engines and related services; and Raytheon, which provides defense and intelligence technologies.