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

RTX Corporation (NYSE:RTXGet Free Report) has earned a consensus recommendation of “Moderate Buy” from the twenty-two analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $206.5882.

A number of equities analysts recently commented on RTX shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. Jefferies Financial Group decreased their price objective on shares of RTX from $225.00 to $210.00 and set a “hold” rating for the company in a research note on Monday, April 13th. Morgan Stanley decreased their target price on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. UBS Group decreased their target price on shares of RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Finally, Robert W. Baird set a $225.00 target price on shares of RTX in a research note on Wednesday, January 28th.

View Our Latest Stock Report on RTX

RTX Trading Up 2.0%

RTX stock opened at $176.24 on Friday. The company has a 50 day moving average price of $196.65 and a 200 day moving average price of $187.94. RTX has a 52 week low of $125.43 and a 52 week high of $214.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. The firm has a market capitalization of $237.34 billion, a price-to-earnings ratio of 33.07, a P/E/G ratio of 2.46 and a beta of 0.43.

RTX (NYSE:RTXGet Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same quarter last year, the business posted $1.47 EPS. The company’s revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Research analysts forecast that RTX will post 6.89 EPS for the current year.

RTX Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.73 per share. This is an increase from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.7%. RTX’s dividend payout ratio (DPR) is 51.03%.

Insider Activity at RTX

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of RTX stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the completion of the sale, the executive vice president owned 59,556 shares of the company’s stock, valued at $12,242,331.36. This trade represents a 37.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Shane G. Eddy sold 17,527 shares of RTX stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total transaction of $3,490,677.32. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 89,255 shares of company stock worth $18,151,956. 0.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On RTX

Several institutional investors and hedge funds have recently modified their holdings of RTX. Brighton Jones LLC boosted its holdings in RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after purchasing an additional 3,332 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after purchasing an additional 159 shares in the last quarter. United Bank boosted its holdings in RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after purchasing an additional 4,131 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings in RTX by 3.1% in the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after purchasing an additional 623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in RTX in the second quarter worth $5,157,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX News Summary

Here are the key news stories impacting RTX this week:

RTX Company Profile

(Get Free Report)

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.

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Analyst Recommendations for RTX (NYSE:RTX)

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