Barclays Raises RTX Price Target to $235
Key Points
- Barclays reiterated its Overweight rating on RTX Corporation on October 21, 2026, while lifting its price target to $235.00 from $223.00.
- Barclays's $235 price target implies 23.32% upside from RTX Corporation's ($RTX) current $190.56 share price.
- RTX Corporation recently traded around $190.56, sitting below its 50-day moving average of $199.52.
- The aerospace and defense company generated trailing-twelve-month revenue of $93.5 billion alongside a P/E ratio of 33.8.
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Barclays reaffirmed its Overweight rating on RTX Corporation (NYSE: RTX) on October 21, 2026, while pushing its price target higher from $223.00 to $235.00. The update comes via a research note from the firm on the same day the stock closed at $193.34. Barclays previously initiated coverage on the defense contractor with a $223.00 target on October 9, 2026.
RTX
RTX Corporation
Barclays vs. the S&P 500
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Barclays's Call on RTX
In its October 21 research note, Barclays maintained its upbeat stance on the aerospace major while expanding its upside target by $12.00. Earlier in the month, TD Cowen maintained a Buy rating with a $225.00 target on October 9, while RBC Capital kept an Outperform rating with a $235.00 target on October 15. Bernstein also maintained a Market Perform rating and lowered its target to $214.00 on October 15. Across Wall Street, the stock carries a consensus buy recommendation with a mean price target of $227.78 based on 23 analyst opinions.
Other Institutional Activity in RTX
Dodge & Cox Inc. reduced its holdings in RTX Corporation by 361,846 shares, ending the period ended June 30, 2026, with 35,113,249 shares valued at about $6.74 billion.
RTX Corporation Stock Down 1.7%
RTX shares recently traded around $190.56 as of October 21, 2026, down about 1.4% since the prior session's close of $193.34. The stock trades below its 50-day moving average of $199.52 and sits about 16.0% under its 52-week high of $226.88, while holding up about 14.3% above its 52-week low of $166.74.
$RTX price target
RTX Corporation daily closes and this analyst's $235 target. Not advice.
Recent Earnings
RTX Corporation reported trailing-twelve-month revenue of $93.5 billion and basic earnings of $5.68 per share. The company operates with a net profit margin of 8.3% and a return on equity of 12.3%.
Dividend
股东 receive an annual dividend rate of $2.92 per share, translating to a dividend yield of 1.51%. The payout ratio stands at 48.8% of earnings.
Insider Buying and Selling at RTX Corporation
Company insiders executed several sales prior to the analyst updates. Officer Troy D Brunk sold 8,557 shares valued at roughly $1.80 million on July 24, 2026. Director Tracy A Atkinson sold 2,295 shares at $218.05 apiece for a total of $500,424 on July 27, 2026. Officer and Treasurer Kevin G Dasilva disposed of 7,010 shares worth about $1.50 million on July 28, 2026. Finally, General Counsel Ramsaran Maharajh Jr sold 13,655 shares at $233.92 each, totaling $3.06 million on August 18, 2026.
About RTX Corporation
Headquartered in Arlington, Virginia, RTX Corporation provides systems and services for commercial, military, and government customers around the world. The company operates through three main units: Collins Aerospace, Pratt & Whitney, and Raytheon, building everything from aircraft engines and components to advanced defense technology.
Bottom Line
Barclays's raised price target points to growing confidence in the aerospace and defense provider's long-term outlook. Investors will track upcoming earnings reports and further institutional filings to see if other major firms adjust their views on the stock.
Related Filing Alerts
Source: Barclays's rating change on $RTX (Oct 21, 2026). Written by software, not financial advice. How we make alerts