RTX (NYSE:RTX) Trading Up 2.8% – Still a Buy?

Posted by Brenda Bartman on May 18th, 2026

RTX Corporation (NYSE:RTX – Get Free Report) shares were up 2.8% during mid-day trading on Monday . The company traded as high as $176.09 and last traded at $175.9340. Approximately 5,288,916 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 5,966,628 shares. The stock had previously closed at $171.18.

Key RTX News

Here are the key news stories impacting RTX this week:

Positive Sentiment: Raytheon completed the preliminary design review for NASA’s Landsat Next Instrument Suite, keeping RTX on track for a space-systems program that could support future revenue and reinforces its technical execution. RTX’s Raytheon completes design review of Landsat Next space instruments
Positive Sentiment: Raytheon also won a contract from the Office of Naval Research to further develop next-generation software-defined radar capability, a sign of continued demand for RTX’s defense technologies and potential follow-on business. RTX’s Raytheon awarded contract to further develop next-generation software-defined radar capability
Neutral Sentiment: Market commentary is also revisiting RTX’s valuation after a recent pullback, noting the shares have been under pressure over the past several weeks. This may be keeping some investors cautious, even as the business news remains constructive. Assessing RTX (RTX) Valuation After Recent Share Price Weakness And Conflicting Fair Value Signals

Analysts Set New Price Targets

A number of analysts have issued reports on RTX shares. Vertical Research reaffirmed a “buy” rating and issued a $227.00 target price on shares of RTX in a research note on Tuesday, January 27th. Citigroup cut their target price on RTX from $238.00 to $226.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. JPMorgan Chase & Co. increased their price target on RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Wolfe Research reiterated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Finally, Erste Group Bank cut RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $210.75.

View Our Latest Stock Analysis on RTX

RTX Stock Up 2.8%

The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. The company has a market cap of $236.93 billion, a price-to-earnings ratio of 33.01, a price-to-earnings-growth ratio of 2.43 and a beta of 0.31. The business has a 50-day simple moving average of $191.79 and a 200-day simple moving average of $188.81.

RTX (NYSE:RTX – Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26. The company had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.RTX’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts anticipate that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.73 per share. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $2.92 annualized dividend and a dividend yield of 1.7%. RTX’s dividend payout ratio is 51.03%.

Insider Transactions at RTX

In other news, EVP Ramsaran Maharajh sold 15,124 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the sale, the executive vice president owned 13,184 shares of the company’s stock, valued at approximately $2,698,105.60. This trade represents a 53.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the sale, the executive vice president directly owned 16,749 shares in the company, valued at $3,397,199.67. This trade represents a 43.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 63,592 shares of company stock valued at $13,023,502. Corporate insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On RTX

Several hedge funds and other institutional investors have recently made changes to their positions in RTX. Norges Bank acquired a new stake in shares of RTX during the 4th quarter worth about $3,167,626,000. Auto Owners Insurance Co raised its position in shares of RTX by 24,730.9% during the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock worth $1,852,882,000 after acquiring an additional 10,062,269 shares in the last quarter. Vanguard Group Inc. raised its position in shares of RTX by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after acquiring an additional 2,210,950 shares in the last quarter. Artisan Partners Limited Partnership grew its stake in RTX by 1,545.1% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock worth $316,128,000 after buying an additional 1,618,933 shares during the last quarter. Finally, Amundi grew its stake in RTX by 49.1% during the 4th quarter. Amundi now owns 4,402,120 shares of the company’s stock worth $807,349,000 after buying an additional 1,450,596 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

About RTX

(Get Free Report)

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.