RTX Corporation (NYSE:RTX – Get Free Report) shares rose 2% during trading on Thursday following a dividend announcement from the company. The company traded as high as $176.65 and last traded at $176.24. Approximately 6,193,447 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 5,963,608 shares. The stock had previously closed at $172.79.
The newly announced dividend which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.73 per share. This is an increase from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, May 22nd. RTX’s payout ratio is presently 54.78%.
Wall Street Analysts Forecast Growth
RTX has been the subject of several recent research reports. Citigroup dropped their price objective on shares of RTX from $238.00 to $226.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Wolfe Research restated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $240.00 price target on shares of RTX in a research report on Thursday, March 5th. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $206.59.
RTX Stock Down 1.1%
The firm’s 50 day moving average price is $196.65 and its two-hundred day moving average price is $187.94. The firm has a market capitalization of $234.60 billion, a PE ratio of 32.68, a P/E/G ratio of 2.50 and a beta of 0.31. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48.
RTX (NYSE:RTX – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.26. The firm had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, research analysts forecast that RTX Corporation will post 6.91 EPS for the current fiscal year.
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Board raised the quarterly cash dividend to $0.73 (7.4% increase vs prior quarter); ex-dividend/record/payable: May 22 / May 22 / June 11. The raise supports income investors and signals cash-flow confidence. Article Title
- Positive Sentiment: Won a $206.2M Navy contract to upgrade GPS-based aircraft landing systems — a clear, near-term revenue and backlog boost in defense avionics work. Defense contracts typically support predictable revenue streams. Article Title
- Positive Sentiment: Named a global innovation leader and selected by the U.S. Space Force for missile-interceptor prototype work (the “Golden Dome” program) — positions RTX for participation in a multi‑billion missile defense initiative, lifting long‑term defense exposure and strategic importance. Article Title
- Neutral Sentiment: Coverage pieces assess Wall Street’s stance (bull/bear) on RTX—useful for gauging sentiment but not an immediate catalyst. Article Title
- Neutral Sentiment: Several headlines reference “RTX” in GPU product news (Nvidia/consumer GPU ecosystem). These are branding overlaps and generally do NOT pertain to RTX Corporation’s aerospace & defense business — they can create confusing headlines but are unlikely to move RTX Corp fundamentals. Example: Razer Blade 16 with RTX 5090. Article Title
- Negative Sentiment: A Seeking Alpha piece highlights valuation pressure — argues RTX’s strong balance sheet meets a “valuation wall,” which could limit upside and put downward pressure if investors demand lower multiples. This is a sentiment/valuation risk to watch. Article Title
Insider Transactions at RTX
In other RTX news, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction on 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 transaction, the executive vice president directly owned 16,749 shares in the company, valued at $3,397,199.67. This represents a 43.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Kevin G. Dasilva sold 8,136 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the transaction, the vice president directly owned 27,102 shares of the company’s stock, valued at approximately $5,455,632.60. This represents a 23.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 89,255 shares of company stock valued at $18,151,956 in the last three months. 0.10% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On RTX
Large investors have recently modified their holdings of the stock. Brighton Jones LLC increased its holdings in shares of RTX by 24.3% in the 4th 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 last quarter. Revolve Wealth Partners LLC lifted its stake in RTX by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after purchasing an additional 159 shares during the last quarter. United Bank boosted its holdings in RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after purchasing an additional 4,131 shares during the period. Schnieders Capital Management LLC. increased its stake in RTX by 3.1% during the second 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, Arrowstreet Capital Limited Partnership bought a new stake in RTX during the second quarter valued at $5,157,000. Institutional investors own 86.50% of the company’s stock.
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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