RTX (NYSE:RTX) Upgraded to Hold at Wells Fargo & Company

RTX (NYSE:RTX) was upgraded by analysts at Wells Fargo & Company to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

RTX has been the subject of several other research reports. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. Susquehanna restated a “positive” rating and set a $230.00 price objective on shares of RTX in a research note on Thursday, January 15th. TD Cowen reaffirmed a “buy” rating on shares of RTX in a report on Tuesday, January 27th. Morgan Stanley reiterated an “overweight” rating and set a $235.00 target price on shares of RTX in a research note on Wednesday, January 28th. Finally, UBS Group restated a “neutral” rating on shares of RTX in a research report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $205.11.

RTX Price Performance

RTX opened at $194.78 on Tuesday. 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 company has a 50-day moving average of $200.24 and a 200-day moving average of $184.00. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. RTX has a 1-year low of $112.27 and a 1-year high of $214.50.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.08. The business had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. 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. Equities analysts expect that RTX will post 6.11 EPS for the current fiscal year.

Insider Activity at RTX

In other news, EVP Dantaya M. Williams sold 12,713 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the transaction, the executive vice president owned 16,749 shares in the company, valued at approximately $3,397,199.67. This represents a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of RTX stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the completion of the sale, the executive vice president owned 59,556 shares in the company, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 89,255 shares of company stock valued at $18,151,956. Company insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On RTX

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in RTX by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after acquiring an additional 2,210,950 shares during the period. State Street Corp raised its stake in shares of RTX by 0.5% during the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after purchasing an additional 552,009 shares in the last quarter. Capital Research Global Investors lifted its holdings in RTX by 1.1% in the third quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock worth $12,750,087,000 after purchasing an additional 799,155 shares during the period. Morgan Stanley grew its position in RTX by 0.4% in the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock valued at $5,462,310,000 after buying an additional 105,069 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in RTX by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock valued at $3,998,155,000 after buying an additional 625,994 shares during the period. 86.50% of the stock is owned by institutional investors.

Trending Headlines about RTX

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

RTX Company Profile

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.