RTX Corporation (NYSE:RTX – Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as $226.88 and last traded at $223.46, with a volume of 3278215 shares. The stock had previously closed at $223.03.
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: The Pentagon’s push to rebuild depleted missile stockpiles could generate additional orders for RTX’s missile and defense businesses. Reports cite shortages following the recent U.S.-Iran conflict and production bottlenecks, creating a potentially significant replenishment opportunity for RTX and its defense peers. Defense ETFs to Buy as Pentagon Pushes to Boost Missile Stockpiles
- Positive Sentiment: RTX’s Collins Aerospace won a U.S. Army contract worth up to $472 million to provide engineering services for modernization and sustainment of the CH-47 Chinook helicopter fleet. The award strengthens the company’s long-term defense backlog and supports recurring aftermarket revenue. RTX’s Collins Aerospace to support modernization of U.S. Army’s Chinook helicopters
- Positive Sentiment: Erste Group raised its 2026 EPS forecast to $7.25 from $7.20, slightly above the broader consensus estimate of $7.22. The increase reinforces expectations for continued earnings growth, though the bank maintained a Hold rating.
- Positive Sentiment: Options traders are reportedly leaning bullish on RTX, while recent defense contract wins, technology milestones and higher earnings estimates have helped the shares outperform the broader industry. RTX Outperforms Industry in the Past Month: How to Play the Stock?
- Neutral Sentiment: RTX recently reached a new 52-week high and trades well above its 50-day and 200-day moving averages, indicating strong momentum but also leaving the stock more vulnerable to profit-taking.
- Negative Sentiment: At roughly 39 times earnings, RTX carries a premium valuation. That pricing raises the bar for future contract wins and earnings growth, potentially limiting gains if defense spending or execution falls short of expectations.
Wall Street Analyst Weigh In
A number of research firms have recently commented on RTX. Jefferies Financial Group set a $250.00 price objective on RTX in a research note on Sunday, July 26th. Royal Bank Of Canada raised their target price on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Erste Group Bank lowered RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Argus set a $245.00 price target on shares of RTX in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $238.00 price target on shares of RTX in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $228.59.
RTX Stock Performance
The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The firm has a 50-day simple moving average of $198.37 and a two-hundred day simple moving average of $194.49. The company has a market capitalization of $300.00 billion, a price-to-earnings ratio of 39.19, a price-to-earnings-growth ratio of 2.67 and a beta of 0.29.
RTX (NYSE:RTX – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating the consensus estimate of $1.66 by $0.23. The business had revenue of $24.71 billion during the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, sell-side analysts forecast that RTX Corporation will post 7.22 earnings per share for the current fiscal year.
RTX Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s payout ratio is currently 51.41%.
Insider Buying and Selling at RTX
In other news, insider Troy D. Brunk sold 8,557 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the transaction, the insider owned 8,809 shares in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Kevin G. Dasilva sold 4,760 shares of RTX stock in a transaction on Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the sale, the vice president directly owned 22,349 shares of the company’s stock, valued at approximately $4,774,193.38. The trade was a 17.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 15,567 shares of company stock worth $3,304,375. 0.10% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Fortress Financial Group LLC acquired a new position in RTX during the second quarter valued at approximately $358,000. Navalign LLC acquired a new position in RTX in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX in the 4th quarter valued at $26,000. Evergreen Advisors LLC bought a new position in RTX in the 1st quarter worth $31,000. Finally, Core Wealth Advisors LLC bought a new position in RTX in the 4th quarter worth $31,000. Institutional investors and hedge funds own 86.50% of the company’s stock.
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.
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