RTX (NYSE:RTX) Now Covered by Analysts at Barclays

Investment analysts at Barclays assumed coverage on shares of RTX (NYSE:RTX) in a research report issued on Friday, MarketBeat reports. The firm set an “overweight” rating and a $223.00 price target on the stock. Barclays‘s price target indicates a potential upside of 19.90% from the company’s current price.

A number of other research analysts also recently issued reports on the stock. The Goldman Sachs Group boosted their price objective on shares of RTX from $195.00 to $206.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Argus set a $245.00 target price on shares of RTX and gave the stock a “buy” rating in a research report on Thursday, July 30th. Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 target price (up from $220.00) on shares of RTX in a research note on Friday, July 24th. DA Davidson lifted their target price on shares of RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Finally, Weiss Ratings upgraded shares of RTX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $228.58.

RTX Price Performance

RTX opened at $185.99 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. RTX has a 52-week low of $155.64 and a 52-week high of $226.88. The stock has a market capitalization of $250.66 billion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 2.40 and a beta of 0.31. The stock’s 50 day moving average price is $203.02 and its 200-day moving average price is $193.85.

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

Insiders Place Their Bets

In other RTX news, VP Kevin G. Dasilva sold 4,760 shares of the firm’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the transaction, the vice president owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Troy Brunk sold 8,557 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $210.29, for a total value 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. Over the last 90 days, insiders sold 29,222 shares of company stock worth $6,362,003. 0.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On RTX

Several large investors have recently made changes to their positions in the business. Fortress Financial Group LLC bought a new position in RTX during the 2nd quarter valued at approximately $358,000. Evergreen Advisors LLC purchased a new position in RTX during the first quarter valued at $31,000. 1 North Wealth Services LLC boosted its holdings in RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after acquiring an additional 137 shares in the last quarter. Signature Resources Capital Management LLC boosted 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 worth $36,000 after acquiring an additional 97 shares in the last quarter. Finally, BOK Financial Private Wealth Inc. bought a new stake in RTX in the second quarter worth $36,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

RTX News Roundup

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.

About RTX

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.