RTX (NYSE:RTX) Upgraded at Barclays

RTX (NYSE:RTX) was upgraded by Barclays to a “strong-buy” rating in a research report issued to clients and investors on Friday, Zacks reports.

RTX has been the subject of several other reports. Jefferies Financial Group set a $250.00 target price on shares of RTX and gave the stock a “buy” rating in a research report on Sunday, July 26th. Rothschild & Co Redburn lifted their price objective on RTX from $180.00 to $215.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Weiss Ratings upgraded shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 25th. DA Davidson increased their price objective on RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Finally, Sanford C. Bernstein cut their target price 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. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and an average price target of $228.58.

RTX Stock Performance

Shares of RTX stock opened at $185.99 on Friday. The stock has a 50 day moving average price of $203.02 and a two-hundred day moving average price of $193.85. RTX has a fifty-two week low of $155.64 and a fifty-two week high of $226.88. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The company has a market capitalization of $250.66 billion, a P/E ratio of 32.74, a PEG ratio of 2.37 and a beta of 0.31.

RTX (NYSE:RTX) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.23. The business had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Analysts expect that RTX will post 7.22 earnings per share for the current year.

Insider Buying and Selling

In other RTX news, insider Troy Brunk sold 8,557 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the sale, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of RTX 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 directly owned 13,184 shares in the company, valued at $2,952,161.28. This represents a 50.88% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of RTX in the second quarter valued at about $20,970,571,000. State Street Corp raised its stake in RTX by 3.1% during the second quarter. State Street Corp now owns 95,417,318 shares of the company’s stock worth $18,103,528,000 after purchasing an additional 2,828,056 shares during the period. Auto Owners Insurance Co boosted its holdings in RTX by 24,730.9% in the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after purchasing an additional 10,062,269 shares during the last quarter. Invesco Ltd. grew its stake in shares of RTX by 0.5% in the 4th quarter. Invesco Ltd. now owns 9,134,677 shares of the company’s stock valued at $1,675,300,000 after buying an additional 48,070 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of RTX by 5.0% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock worth $1,649,501,000 after buying an additional 411,356 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense unit, won a U.S. Navy contract valued at up to $6.3 billion to produce and sustain Standard Missile-3 Block IB interceptors. The five-year agreement, with two option years, provides greater production visibility and supports the Pentagon’s effort to replenish missile-defense inventories. RTX’s Raytheon wins up to $6.3 billion US missile contract
• Positive Sentiment: Raytheon also secured a U.S. Navy Standard Missile-6 contract worth up to $24.4 billion over five years, covering offensive-strike and missile-defense missions. RTX plans to expand SM-6 manufacturing capacity, reinforcing its backlog and exposure to rising global demand for air and missile defense. RTX Secures $24.4 Billion Standard Missile 6 Contract
• Positive Sentiment: Analysts see further support from the aerospace aftermarket. RBC raised its 2027 commercial aerospace maintenance, repair and overhaul growth forecast to 11.6%, with engine maintenance among the strongest areas—an important trend for RTX’s Collins Aerospace and Pratt & Whitney businesses. Aerospace aftermarket outlook strengthens
• Neutral Sentiment: TD Cowen maintained a Buy rating but lowered its RTX price target from $240 to $225, suggesting continued confidence in the company while reflecting more cautious valuation or execution assumptions.
• Negative Sentiment: Jim Cramer said investor concerns that U.S. defense spending may have peaked are weighing on RTX, despite his disagreement with that view. The debate could limit the stock’s near-term reaction to contract wins.

RTX Company Profile

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.