RTX (NYSE:RTX) Given New $225.00 Price Target at TD Cowen

RTX (NYSE:RTX – Get Free Report) had its target price dropped by equities research analysts at TD Cowen from $240.00 to $225.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s price target would indicate a potential upside of 20.81% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. BNP Paribas Exane boosted their price target on RTX from $220.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. DA Davidson lifted their price target on RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Robert W. Baird set a $240.00 price objective on shares of RTX in a report on Friday, July 24th. UBS Group lifted their target price on shares of RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Finally, Sanford C. Bernstein decreased their price target on shares of RTX from $232.00 to $223.00 and set a “market perform” rating for the company in a research report on Wednesday, September 23rd. Nineteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, RTX presently has a consensus rating of “Moderate Buy” and an average price target of $228.58.

Read Our Latest Stock Report on RTX

RTX Stock Performance

Shares of NYSE:RTX traded up $1.92 on Friday, reaching $186.24. 617,793 shares of the company’s stock were exchanged, compared to its average volume of 5,319,809. The company has a fifty day moving average of $203.61 and a 200-day moving average of $193.91. The company has a market capitalization of $251.01 billion, a price-to-earnings ratio of 32.82, a PEG ratio of 2.32 and a beta of 0.31. 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 twelve month low of $155.64 and a twelve month high of $226.88.

RTX (NYSE:RTX – Get Free Report) last released its 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. The company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.RTX’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, research analysts predict that RTX will post 7.22 EPS for the current fiscal year.

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 shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the sale, the vice president directly owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their position. The transaction 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 RTX stock in a transaction on Friday, July 24th. The stock was sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the transaction, the insider directly owned 8,809 shares of the company’s stock, valued at $1,852,444.61. This represents a 49.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is currently owned by company insiders.

Institutional Trading of RTX

A number of institutional investors have recently bought and sold shares of the company. Montz Harcus Wealth Management LLC lifted its position in RTX by 3.2% during the second quarter. Montz Harcus Wealth Management LLC now owns 1,641 shares of the company’s stock valued at $311,000 after purchasing an additional 51 shares during the last quarter. Sunbeam Capital Management LLC boosted its stake in RTX by 1.6% during the fourth quarter. Sunbeam Capital Management LLC now owns 3,383 shares of the company’s stock worth $620,000 after buying an additional 53 shares during the period. Safeguard Investment Advisory Group LLC raised its stake in shares of RTX by 2.4% in the second quarter. Safeguard Investment Advisory Group LLC now owns 2,269 shares of the company’s stock valued at $430,000 after acquiring an additional 53 shares during the period. Boston Family Office LLC lifted its holdings in shares of RTX by 0.3% in the 4th quarter. Boston Family Office LLC now owns 17,857 shares of the company’s stock worth $3,275,000 after acquiring an additional 54 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC boosted its stake in shares of RTX by 1.6% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 3,363 shares of the company’s stock worth $617,000 after purchasing an additional 54 shares during the period. Institutional investors own 86.50% of the company’s stock.

Key RTX News

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: Raytheon won a missile-defense contract worth up to $6.3 billion. The five-year agreement, with two additional option years, covers production and sustainment of Standard Missile-3 Block IB interceptors. The award provides multiyear revenue visibility and supports RTX’s effort to expand munitions production. RTX’s Raytheon wins up to $6.3 billion US missile contract
  • Positive Sentiment: Raytheon also secured a potential $24.4 billion U.S. Navy Standard Missile-6 contract. The five-year award covers offensive-strike and missile-defense missions and is expected to support higher production capacity and long-term demand. The scale of the contract reinforces RTX’s position in naval weapons and missile defense. RTX secures $24.4 billion Standard Missile 6 contract
  • Positive Sentiment: Commercial aerospace aftermarket conditions appear favorable. RBC raised its 2027 commercial MRO growth forecast to 11.6% after surveying maintenance providers, with reported third-quarter MRO sales up 11% and parts purchasing up 13.4%. Strong engine-maintenance demand could benefit RTX’s Collins Aerospace and Pratt & Whitney businesses. Aerospace aftermarket outlook strengthens
  • Neutral Sentiment: Analysts remain broadly optimistic, citing defense contracts, missile-production growth and liquidity, while noting that RTX trades at a premium valuation. The stock’s reported forward outlook remains solid, but expectations are already elevated. Is RTX a Buy as Wall Street Analysts Look Optimistic?
  • Negative Sentiment: Jim Cramer highlighted a complication behind RTX’s recent weakness: some investors fear defense spending may have peaked, despite the company’s contract wins. That concern, combined with premium valuation and shares remaining below key moving averages, could create near-term volatility. RTX Keeps Winning Contracts, but Jim Cramer Sees a Complication

RTX Company Profile

(Get Free Report)

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and supplies technologies for commercial aviation, business aviation, military operations and space applications. The company serves customers including aircraft manufacturers, airlines, governments and armed forces worldwide.

RTX operates through three principal business segments: Collins Aerospace, which provides aerospace systems, avionics, interiors, landing systems and other aircraft equipment; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance and services; and Raytheon, which develops integrated air and missile defense systems, precision weapons, radars, sensors, command-and-control technologies and other defense solutions.

The company was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation, although its businesses trace their histories to earlier aerospace and technology companies, including Pratt & Whitney and Collins Aerospace predecessor organizations.

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