RTX Corporation (NYSE:RTX – Get Free Report) was down 1.5% during trading on Tuesday. The company traded as low as $194.36 and last traded at $194.4940. Approximately 4,345,883 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 5,361,765 shares. The stock had previously closed at $197.48.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Analysts remain constructive: RTX’s average brokerage recommendation is equivalent to a Buy. The bullish consensus may support investor interest, although Zacks cautions that sell-side ratings can be overly optimistic. Is It Worth Investing in RTX Based on Wall Street’s Bullish Views?
- Positive Sentiment: Long-term revenue visibility: RTX is highlighted as having a roughly $340 billion backlog, supported by its mix of commercial aerospace and defense operations. The backlog and diversified business are viewed as providing resilience across market conditions. RTX Has a $340 Billion Backlog and Trades at 32 Times Earnings
- Positive Sentiment: Collins Aerospace contract renewal: Air Europa extended its exclusive Boeing 787 nacelle maintenance agreement with RTX’s Collins Aerospace through 2037. The deal strengthens long-term aftermarket revenue visibility and reinforces the unit’s position with a major airline customer. Air Europa Extends Exclusive Boeing 787 Nacelle Maintenance Agreement
- Neutral Sentiment: Value debate: Comparisons with Embraer frame RTX as an aerospace-defense value candidate, but its valuation—around 32 times earnings in recent coverage—means investors must balance its quality and backlog against a relatively full price. EMBJ or RTX: Which Is the Better Value Stock Right Now?
- Negative Sentiment: Sector risk: Defense stocks recently experienced an unusually long losing streak, with the aerospace and defense ETF giving back its 2026 gains. Continued sector pressure could limit RTX’s near-term upside despite company-specific strengths. 9 Defense Stocks to Watch Before the Next Big Rally
Analyst Ratings Changes
Several research firms recently weighed in on RTX. The Goldman Sachs Group upped their price objective on shares of RTX from $195.00 to $206.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. DA Davidson increased their target price on shares of RTX from $192.00 to $219.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. Royal Bank Of Canada reduced their price target on shares of RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Susquehanna increased their price objective on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research note on Friday, July 24th. Finally, Argus set a $245.00 target price on shares of RTX and gave the company a “buy” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, RTX currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.86.
Read Our Latest Stock Analysis on RTX
RTX Stock Up 2.0%
The stock has a fifty day moving average of $195.47 and a 200 day moving average of $195.46. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.05 and a quick ratio of 0.81. The firm has a market capitalization of $269.55 billion, a P/E ratio of 32.35, a price-to-earnings-growth ratio of 2.24 and a beta of 0.31.
RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.48. RTX had a return on equity of 14.89% and a net margin of 8.75%. The company had revenue of $24.96 billion for the quarter, compared to the consensus estimate of $24.11 billion. During the same quarter last year, the business posted $1.70 earnings per share. The firm’s revenue was up 11.1% compared to the same quarter last year. On average, research analysts anticipate that RTX Corporation will post 7.57 EPS for the current fiscal year.
Insiders Place Their Bets
In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the completion of the sale, 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 filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.10% of the company’s stock.
Institutional Investors Weigh In On RTX
Several institutional investors have recently made changes to their positions in the company. Trek Financial LLC increased its position in RTX by 16.3% in the third quarter. Trek Financial LLC now owns 2,064 shares of the company’s stock worth $383,000 after buying an additional 290 shares during the period. Walled Lake Planning & Wealth Management LLC bought a new position in RTX during the third quarter valued at approximately $204,000. Virtue Capital Management LLC boosted its holdings in RTX by 7.3% in the third quarter. Virtue Capital Management LLC now owns 6,794 shares of the company’s stock worth $1,261,000 after purchasing an additional 460 shares in the last quarter. Hoey Investments Inc. lifted its holdings in RTX by 3.2% in the 3rd quarter. Hoey Investments Inc. now owns 6,405 shares of the company’s stock worth $1,189,000 after purchasing an additional 200 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in RTX during the third quarter worth about $70,870,000. Institutional investors own 86.50% of the company’s stock.
RTX Company Profile
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.
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