RTX (NYSE:RTX) Stock Price Up 1.5% – Time to Buy?

Posted by Stanley Muller on Oct 22nd, 2026

RTX Corporation (NYSE:RTX – Get Free Report) shares traded up 1.5% during trading on Thursday. The company traded as high as $196.15 and last traded at $194.49. Approximately 5,559,179 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 5,366,133 shares. The stock had previously closed at $191.60.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

Positive Sentiment: RTX reported third-quarter adjusted EPS of $2.26 and revenue of $24.97 billion, surpassing analyst estimates of $1.78 and $24.11 billion, respectively. Revenue increased 11.1% year over year. RTX Q3 Deep Dive: Defense Awards and Commercial Aftermarket Drive Upward Guidance
Positive Sentiment: Management raised fiscal 2026 guidance to EPS of $7.65–$7.75 and revenue of $97.0–$97.5 billion, above consensus estimates of $7.25 EPS and $96.2 billion in revenue. RTX Q3 Earnings Call Highlights Defense Backlog and Higher 2026 Outlook
Positive Sentiment: A record $340 billion backlog, expanding defense production and strong aircraft replacement-parts, repair and avionics demand provide visibility into future sales and cash flow. RTX Q3 Earnings Call Highlights
Positive Sentiment: Profitability improved, with roughly 310 basis points of segment-margin expansion and stronger cash-flow prospects. RBC also cited missile agreements and improving Pratt & Whitney margins as potential 2027 growth drivers. RTX Positioned for 2027 Growth
Neutral Sentiment: Collins Aerospace product launches—including radio-altimeter upgrades meeting new FAA standards and new flight-support software—support customer retention and incremental growth, but are unlikely to materially affect near-term earnings. Collins Aerospace Radio Altimeter Upgrades
Negative Sentiment: Investors remain alert to ongoing margin pressure and paused share buybacks, while the stock’s elevated valuation leaves less room for execution disappointments despite the stronger outlook.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on RTX shares. DA Davidson lifted their price objective on RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. The Goldman Sachs Group raised their target price on shares of RTX from $195.00 to $206.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. TD Cowen lowered their price target on shares of RTX from $240.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, October 9th. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price target (up from $220.00) on shares of RTX in a research report on Friday, July 24th. Finally, Citigroup reissued a “buy” rating on shares of RTX in a research note on Wednesday, October 7th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $227.12.

Check Out Our Latest Analysis on RTX

RTX Stock Up 1.5%

The firm has a market capitalization of $262.13 billion, a PE ratio of 31.57, a P/E/G ratio of 2.33 and a beta of 0.31. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.05 and a quick ratio of 0.78. The company has a 50-day moving average price of $197.84 and a 200 day moving average price of $193.65.

RTX (NYSE:RTX – Get Free Report) last released its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.48. The firm had revenue of $24.96 billion during the quarter, compared to analysts’ expectations of $24.11 billion. RTX had a return on equity of 14.89% and a net margin of 8.75%. The firm’s revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the business posted $1.70 earnings per share. Analysts forecast that RTX Corporation will post 7.70 earnings per share for the current year.

Insider Transactions at RTX

In other RTX news, 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 value of $1,016,831.20. Following the sale, the vice president directly owned 22,349 shares in the company, valued at approximately $4,774,193.38. The trade was a 17.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the sale, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. The trade was a 50.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 29,222 shares of company stock valued at $6,362,003. 0.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in RTX. Pine Valley Investments Ltd Liability Co boosted its position in shares of RTX by 63.2% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 33,877 shares of the company’s stock valued at $6,535,000 after acquiring an additional 13,118 shares during the last quarter. Rokos Capital Management LLP increased its position in RTX by 804.3% in the first quarter. Rokos Capital Management LLP now owns 556,152 shares of the company’s stock worth $107,265,000 after purchasing an additional 494,652 shares during the last quarter. Legal & General Group Plc purchased a new stake in RTX during the second quarter valued at $1,267,256,000. Eastern Bank raised its stake in RTX by 112.0% during the third quarter. Eastern Bank now owns 177,392 shares of the company’s stock valued at $32,933,000 after purchasing an additional 93,725 shares in the last quarter. Finally, Corient Private Wealth LP lifted its position in RTX by 2,669.1% during the second quarter. Corient Private Wealth LP now owns 1,399,904 shares of the company’s stock valued at $265,604,000 after purchasing an additional 1,349,350 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

About RTX

(Get Free Report)

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and manufactures products and systems for commercial aviation, business aviation, military aircraft and government customers. Its portfolio includes aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, air and missile defense systems, precision weapons, radars and advanced sensors.

The company operates through three principal businesses: Collins Aerospace, which supplies aerospace systems and components; Pratt & Whitney, which designs and produces aircraft engines and related services; and Raytheon, which provides defense and intelligence technologies.