RTX CorpRTX
RTX
About: RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace and to the defense market across three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, a commercial and military aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.
Employees: 186,000
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
75% more first-time investments, than exits
New positions opened: 257 | Existing positions closed: 147
17% more call options, than puts
Call options by funds: $2.08B | Put options by funds: $1.79B
10% more repeat investments, than reductions
Existing positions increased: 1,059 | Existing positions reduced: 966
0.71% more ownership
Funds ownership: 80.23% [Q3] → 80.94% (+0.71%) [Q4]
1% less funds holding
Funds holding: 2,662 [Q3] → 2,645 (-17) [Q4]
2% less capital invested
Capital invested by funds: $129B [Q3] → $127B (-$2.16B) [Q4]
9% less funds holding in top 10
Funds holding in top 10: 57 [Q3] → 52 (-5) [Q4]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$135
9%
upside
Avg. target
$148
20%
upside
High target
$156
27%
upside
9 analyst ratings
7 positive
78%
2 neutral
22%
0 negative
0%
Wells Fargo Matthew Akers 34% 1-year accuracy 20 / 58 met price target | 27%upside $156 | Overweight Maintained | 30 Jan 2025 |
B of A Securities Ronald Epstein 56% 1-year accuracy 18 / 32 met price target | 26%upside $155 | Buy Maintained | 30 Jan 2025 |
Morgan Stanley Kristine Liwag 67% 1-year accuracy 12 / 18 met price target | 10%upside $135 | Equal-Weight Maintained | 29 Jan 2025 |
RBC Capital Ken Herbert 51% 1-year accuracy 35 / 68 met price target | 22%upside $150 | Outperform Maintained | 29 Jan 2025 |
Susquehanna Charles Minervino 38% 1-year accuracy 26 / 69 met price target | 19%upside $147 | Positive Maintained | 29 Jan 2025 |
Financial journalist opinion
Based on 59 articles about RTX published over the past 30 days
Neutral
PRNewsWire
1 day ago
EASA certifies Airbus A321XLR aircraft powered by RTX's Pratt & Whitney GTF™ engines
Prepares the way for entry into service EAST HARTFORD, Conn. , Feb. 21, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, today marks the certification of the GTF-powered Airbus A321XLR by the European Aviation Safety Agency (EASA), preparing the way for entry into service.
Neutral
PRNewsWire
1 day ago
RTX's Pratt & Whitney passes first fully digital detailed design review on Next-Gen Adaptive Propulsion Offering
Hardware procurement begins for XA103 prototype build and test EAST HARTFORD, Conn. , Feb. 20, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, completed the detailed design review of its Next-Generation Adaptive Propulsion (NGAP) offering with the U.S. Air Force.
Positive
Zacks Investment Research
1 day ago
RTX Expands GTF MRO Network With Sanad Group, Scales Up in UAE
RTX Corp.'s Pratt & Whitney division expands its GTF MRO network by partnering with Sanad Group, thereby strengthening its footprint in the UAE.
Neutral
PRNewsWire
1 day ago
RTX's Pratt & Whitney awarded $1.5 billion F119 engine sustainment contract for U.S. Air Force's F-22 fleet
Contract will improve readiness and reduce costs for more than 400 engines EAST HARTFORD, Conn. , Feb. 20, 2025 /PRNewswire/ -- Pratt & Whitney, an RTX (NYSE: RTX) business, secured a three-year contract valued up to $1.5 billion to sustain F119 engines, which power the U.S. Air Force's F-22 fighter jets.
Neutral
Seeking Alpha
2 days ago
RTX Provides An Attractive Opportunity Amidst Defense Turmoil
RTX's stock decline is driven by defense budget cut fears, but commercial aerospace growth and a $218 billion backlog offer stability and growth prospects. Commercial aerospace sales grew 11.8% last year, outpacing defense sales, indicating that RTX's revenue growth is less dependent on U.S. defense budgets. RTX's backlog, covering 2.5 years of sales, and potential cost efficiencies in procurement processes, mitigate risks from potential defense budget cuts.
Neutral
Seeking Alpha
2 days ago
RTX Corporation (RTX) Barclays 42nd Annual Industrial Select Conference (Transcript)
RTX Corporation (NYSE:RTX ) Barclays 42nd Annual Industrial Select Conference Call February 19, 2025 8:40 AM ET Company Participants Chris Calio - President & Chief Executive Officer Conference Call Participants David Strauss - Barclays David Strauss All right, we are good to go. Next up, we have RTX and Chris Calio, President, CEO and I think soon to be [Technical Difficulty].
Positive
Barrons
3 days ago
U.S. Defense Stocks Are Recovering, European Ones Are Soaring. How Trump Changed the Outlook.
Investors expect European countries to ramp up spending on fighter jets, tanks, and other equipment, bolstering the shares of the companies that can build it.
Positive
Zacks Investment Research
3 days ago
5 Dividend Stocks That Investors May Bank On for Growth
Tapestry, RTX, Cintas, Broadcom and Corning promise growth for investors.
Negative
Barrons
3 days ago
European Defense Stocks Gain as Trump Tanks Shares of U.S. Rivals
“NATO is dead,” wrote Vertical Research Partners analyst in a Tuesday report summarizing recent news for his clients.
Neutral
PRNewsWire
3 days ago
RTX's Raytheon completes 10 subsystem demonstrations for U.S. Army's Next-Generation Short-Range Interceptor program
Demos highlight maturity and capability of Raytheon NGSRI solution TUCSON, Ariz. , Feb. 18, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, announced a series of 10 successful subsystem demonstrations for the U.S. Army's Next-Generation Short-Range Interceptor (NGSRI), which will eventually replace the Stinger® surface-to-air missile.
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