RTX stock icon

RTX Corp
RTX

$104.97
1.16%

Market Cap: 140B

 

About: RTX is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufacturers and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, an 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: 185,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 14 analysts
0
News positive %
of 52 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

44% more funds holding in top 10

Funds holding in top 10: 32 [Q4 2023] → 46 (+14) [Q1 2024]

32% more call options, than puts

Call options by funds: $3.33B | Put options by funds: $2.53B

28% more first-time investments, than exits

New positions opened: 231 | Existing positions closed: 180

11% more capital invested

Capital invested by funds: $96.6B [Q4 2023] → $107B (+$10.6B) [Q1 2024]

2.71% more ownership

Funds ownership: 79.96% [Q4 2023] → 82.67% (+2.71%) [Q1 2024]

2% more funds holding

Funds holding: 2,370 [Q4 2023] → 2,421 (+51) [Q1 2024]

0% more repeat investments, than reductions

Existing positions increased: 953 | Existing positions reduced: 950

Research analyst outlook

14 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$88
16%
downside
Avg. target
$109
3%
upside
High target
$141
34%
upside

14 analyst ratings

positive
36%
neutral
64%
negative
0%
Wells Fargo
Matthew Akers
34%upside
$141
Overweight
Maintained
17 May 2024
Barclays
David Strauss
5%downside
$100
Equal-Weight
Maintained
30 Apr 2024
Citigroup
Jason Gursky
5%upside
$110
Neutral
Maintained
24 Apr 2024
B of A Securities
Ronald Epstein
5%upside
$110
Neutral
Maintained
24 Apr 2024
UBS
Gavin Parsons
0%upside
$105
Neutral
Maintained
24 Apr 2024

Financial journalist opinion

Based on 52 articles about RTX published over the past 30 days