RTX (NYSE:RTX) Upgraded at Melius Research

Key Points

• Melius Research upgraded RTX from a "hold" to a "buy"; overall analyst coverage skews positive with a Moderate Buy consensus and an average price target of $205.11 (14 Buy, 6 Hold, 1 Sell).
• RTX beat Q4 estimates—EPS $1.55 vs. $1.47 and revenue $24.24B (up 12.1% YoY)—and set FY2026 guidance of $6.60–$6.80 EPS, above recent analyst forecasts.
• Operationally, Pratt & Whitney secured a large production award (a $3.8B modification within a $6.6B F135 contract) supporting backlog, while insiders sold roughly $18.15M of stock in the past 90 days.

RTX (NYSE:RTX - Get Free Report) was upgraded by research analysts at Melius Research from a "hold" rating to a "buy" rating in a report issued on Thursday,Finviz reports.

A number of other equities analysts have also recently issued reports on the stock. Susquehanna reiterated a "positive" rating and issued a $230.00 price target on shares of RTX in a research note on Thursday, January 15th. TD Cowen restated a "buy" rating on shares of RTX in a research note on Tuesday, January 27th. Citigroup upped their target price on shares of RTX from $227.00 to $238.00 and gave the stock a "buy" rating in a research note on Thursday, February 5th. Sanford C. Bernstein reiterated a "market perform" rating and set a $204.00 price target on shares of RTX in a report on Thursday, January 29th. Finally, UBS Group reissued a "neutral" rating on shares of RTX in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $205.11.

RTX Stock Performance

RTX stock opened at $194.78 on Thursday. RTX has a twelve month low of $112.27 and a twelve month high of $214.50. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $262.17 billion, a P/E ratio of 39.27, a PEG ratio of 2.79 and a beta of 0.42. The stock's 50 day moving average is $200.24 and its 200 day moving average is $184.00.

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. RTX had a return on equity of 13.08% and a net margin of 7.60%.The business had revenue of $24.24 billion during the quarter, compared to analysts' expectations of $22.65 billion. During the same quarter in the previous year, the business earned $1.54 earnings per share. The firm's quarterly revenue was up 12.1% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts predict that RTX will post 6.11 earnings per share for the current fiscal year.

Insider Buying and Selling at RTX

In other news, insider Shane G. Eddy sold 17,527 shares of the firm's stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $199.16, for a total transaction of $3,490,677.32. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Dantaya M. Williams sold 12,713 shares of RTX stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the sale, the executive vice president owned 16,749 shares of the company's stock, valued at $3,397,199.67. This represents a 43.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 89,255 shares of company stock worth $18,151,956. 0.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On RTX

A number of hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its holdings in RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company's stock valued at $1,969,000 after acquiring an additional 3,332 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company's stock valued at $564,000 after purchasing an additional 159 shares during the period. United Bank increased its position in shares of RTX by 68.0% during the 2nd quarter. United Bank now owns 10,202 shares of the company's stock valued at $1,490,000 after purchasing an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. increased its position in shares of RTX by 3.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company's stock valued at $3,052,000 after purchasing an additional 623 shares during the last quarter. Finally, Edgestream Partners L.P. lifted its stake in shares of RTX by 72.5% in the 2nd quarter. Edgestream Partners L.P. now owns 5,557 shares of the company's stock worth $811,000 after purchasing an additional 2,335 shares during the period. 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: Erste Group initiated coverage with a Buy rating, citing strong demand for Pratt & Whitney engines and rising global defense spending — a bullish analyst call for RTX’s aerospace/engine growth. Erste Group Initiates RTX With Buy, Sees Strength in Engine Business
• Positive Sentiment: Pratt & Whitney (an RTX unit) won a large contract modification — $3.8B within a $6.6B F135 production award — supporting near-term revenue and backlog for RTX’s engine business. RTX's Pratt & Whitney awarded $6.6 billion F135 production contract to definitize lots 18-19
• Neutral Sentiment: Wells Fargo began coverage with an Equal Weight rating and a $200 price target (a modest upside versus the current level) — provides institutional visibility but not a strong directional endorsement. RTX NYSE: RTX Now Covered by Analysts at Wells Fargo & Company
• Neutral Sentiment: RTX’s BBN Technologies released Maude-HCS, an open-source toolkit for testing covert communications — a technical win for RTX’s cyber/CBRN credentials that may support longer-term defense/cyber revenue but has limited immediate earnings impact. RTX's BBN Technologies launches open-source tool to validate covert cyber networks
• Neutral Sentiment: RTX set an upcoming earnings date for Q1 results on April 21 — this event could move the stock depending on revenue, margin trends, and commentary on bookings/backlog. RTX to release first quarter earnings results on April 21, 2026
• Neutral Sentiment: Several high‑visibility headlines referencing “RTX” (NVIDIA GPU brand, DLSS/DLSS 4.5, RTX 60 series leaks) are generating search traffic and investor attention but are unrelated to RTX Corporation’s aerospace/defense business — this can create noise in retail flows. RTX 60 series leaks are everywhere, but Nvidia hasn't
• Negative Sentiment: Political uncertainty around U.S. defense policy (coverage on potential NATO exit rhetoric) could pressure defense contractors if it raises questions about future allied procurement or geopolitical risk, adding downside risk to sentiment. Trump Toys With NATO Exit: Defense Stocks In The Crosshairs

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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