RTX Corporation (NYSE:RTX – Get Free Report) dropped 1.9% during trading on Friday. The company traded as low as $189.28 and last traded at $191.1040. 5,191,636 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 5,358,939 shares. The stock had previously closed at $194.71.
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raised 2026 guidance: RTX increased its FY2026 adjusted EPS outlook to $7.65–$7.75, above the prior consensus estimate of $7.25, and raised revenue guidance to $97.0–$97.5 billion versus the $96.2 billion consensus. The upgrade signals confidence in demand across its aerospace and defense businesses.
- Positive Sentiment: Strong quarterly performance and backlog: RTX reported quarterly EPS of $2.26, exceeding the $1.78 analyst estimate, while revenue rose 11.1% year over year to $24.97 billion. Coverage also highlights record backlogs, broad-based operating strength and improved cash flow. RTX Corporation Earnings Call Signals Broad-Based Strength
- Positive Sentiment: Defense contract win: Raytheon received a $350 million U.S. Air Force contract modification, adding to RTX’s defense backlog and providing further revenue visibility. RTX’s Raytheon Secures $350 Million US Air Force Contract Modification
- Positive Sentiment: Commercial aerospace growth: Analysts point to sustained demand for aircraft replacement parts, repairs, engines and avionics upgrades. Collins Aerospace’s planned 2027 radio-altimeter upgrades could create a fleetwide service opportunity as operators address new FAA requirements and 5G-interference standards. What Does RTX Altimeter Upgrade Push Mean For Business Aviation?
- Neutral Sentiment: Analyst estimates edged higher: Erste Group raised its FY2026 EPS forecast to $7.30 from $7.25 and its FY2027 forecast to $7.90 from $7.87. The revisions are positive but remain below the current full-year consensus of $7.72 for FY2026. Are RTX Corporation and Northrop Grumman Ready to Break Out?
- Negative Sentiment: Valuation and execution risks: RTX trades at a relatively elevated earnings multiple, while coverage notes margin pressure and paused share buybacks. Those factors could encourage profit-taking despite stronger guidance and backlog growth.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the stock. Rothschild & Co Redburn upped their target price on shares of RTX from $180.00 to $215.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Citigroup reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, October 7th. BNP Paribas Exane increased their price objective on RTX from $220.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Royal Bank Of Canada lowered their target price on RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Finally, The Goldman Sachs Group boosted their target price on RTX from $195.00 to $206.00 and gave the company a “neutral” rating in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and an average price target of $227.12.
View Our Latest Stock Analysis on RTX
RTX Stock Performance
The stock’s 50-day moving average is $197.32 and its 200 day moving average is $193.64. The stock has a market cap of $257.88 billion, a price-to-earnings ratio of 31.02, a P/E/G ratio of 2.31 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.
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. RTX had a return on equity of 14.89% and a net margin of 8.75%. The company had revenue of $24.96 billion for the quarter, compared to analysts’ expectations of $24.11 billion. During the same quarter in the previous year, the firm posted $1.70 EPS. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. As a group, analysts predict that RTX Corporation will post 7.72 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the completion of the sale, the executive vice president owned 13,184 shares of the company’s stock, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 2,250 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total transaction of $488,092.50. Following the sale, the vice president owned 20,099 shares in the company, valued at $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Fortress Financial Group LLC purchased a new stake in shares of RTX during the 2nd quarter worth approximately $358,000. Evergreen Advisors LLC purchased a new position in RTX in the 1st quarter valued at approximately $31,000. Signature Resources Capital Management LLC increased its stake in RTX by 111.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock valued at $36,000 after purchasing an additional 97 shares in the last quarter. BOK Financial Private Wealth Inc. purchased a new position in RTX in the 2nd quarter valued at approximately $36,000. Finally, Networth Advisors LLC purchased a new stake in RTX during the first quarter worth $40,000. 86.50% of the stock is owned by hedge funds and other institutional investors.
About RTX
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.
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