Equities research analysts at Wells Fargo & Company assumed coverage on shares of RTX (NYSE:RTX – Get Free Report) in a research note issued on Wednesday. The firm set an “equal weight” rating and a $200.00 price target on the stock. Wells Fargo & Company‘s price objective would indicate a potential upside of 3.69% from the stock’s previous close.
A number of other equities research analysts also recently commented on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $240.00 target price on shares of RTX in a research report on Thursday, March 5th. UBS Group reiterated a “neutral” rating on shares of RTX in a research report on Wednesday, January 28th. Jefferies Financial Group restated a “hold” rating on shares of RTX in a report on Friday, March 6th. Finally, Erste Group Bank began coverage on shares of RTX in a report on Tuesday, March 24th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $205.11.
Read Our Latest Stock Analysis on RTX
RTX Stock Up 3.1%
RTX (NYSE:RTX – Get Free Report) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. The firm had revenue of $24.24 billion for the quarter, compared to analysts’ expectations of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period last year, the firm earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, sell-side analysts forecast that RTX will post 6.11 earnings per share for the current year.
Insider Buying and Selling at RTX
In other RTX news, EVP Dantaya M. Williams sold 12,713 shares of RTX stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the sale, the executive vice president owned 16,749 shares of the company’s stock, valued at $3,397,199.67. This trade represents a 43.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Kevin G. Dasilva sold 8,136 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $201.30, for a total value of $1,637,776.80. Following the transaction, the vice president directly owned 27,102 shares of the company’s stock, valued at $5,455,632.60. This represents a 23.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 89,255 shares of company stock valued at $18,151,956 over the last quarter. 0.10% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On RTX
Several hedge funds have recently made changes to their positions in the business. Norges Bank acquired a new position in RTX during the fourth quarter worth $3,167,626,000. Auto Owners Insurance Co lifted its position in RTX by 24,730.9% during the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after buying an additional 10,062,269 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of RTX by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after acquiring an additional 2,210,950 shares in the last quarter. Artisan Partners Limited Partnership increased its position in shares of RTX by 1,545.1% in the fourth quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock valued at $316,128,000 after acquiring an additional 1,618,933 shares during the last quarter. Finally, Amundi raised its holdings in RTX by 49.1% during the fourth quarter. Amundi now owns 4,402,120 shares of the company’s stock worth $807,349,000 after acquiring an additional 1,450,596 shares in the last quarter. 86.50% of the stock is owned by institutional investors.
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Pratt & Whitney (an RTX unit) received a sizable F135 contract modification totaling about $3.8B (part of a $6.6B production award)—boosts near?term revenue visibility and underpins production ramp investments. PR Newswire: Pratt & Whitney awarded $6.6B F135 production contract
- Positive Sentiment: Market response tied to the contract has already attracted buying interest and headlines noting an uptick in RTX shares following the award. Benzinga: Why Is RTX Corporation Stock Gaining?
- Positive Sentiment: Analyst coverage remains constructive with multiple buy/overweight calls and price targets above current levels, supporting investor conviction. Zacks: RTX vs L3Harris growth prospects
- Neutral Sentiment: RTX is included in defense?focused ETFs and dividend/portfolio roundups, which can drive passive and active fund flows but are not immediate earnings catalysts. InsiderMonkey: 5 Best Diversified Dividend Stocks
- Neutral Sentiment: RTX will report Q1 results on April 21 — a near?term catalyst that could reset expectations versus guidance. PR Newswire: RTX to release Q1 results April 21
- Negative Sentiment: Insider selling has been notable in recent months (multiple executive sales), which some investors view as a cautionary signal on near?term positioning. QuiverQuant: RTX insider activity and investor discussions
- Negative Sentiment: Despite the contract, parts of the defense sector have pulled back on broader geopolitical and risk?off moves, which can cap short?term gains for large contractors. Yahoo Finance: RTX lands $3.8B F-35 contract; defense stocks retreat
- Neutral Sentiment: Multiple tech headlines referencing “RTX” (DLSS, GeForce leaks, OEM deals) relate to NVIDIA’s RTX graphics brand and are unrelated to RTX Corporation’s aerospace/defense business—watch for investor confusion in headlines. The Verge: Nvidia DLSS 4.5 rollout
About RTX
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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