RTX (NYSE:RTX) Shares Climb 1.5% – Should You Buy?

Posted by Brenda Bartman on Nov 2nd, 2026

RTX Corporation (NYSE:RTX – Get Free Report)’s share price traded up 1.5% during mid-day trading on Monday. The company traded as high as $203.07 and last traded at $202.8030. Approximately 4,267,605 shares traded hands during trading, a decline of 21% from the average daily volume of 5,391,162 shares. The stock had previously closed at $199.80.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

Positive Sentiment: InvestorPlace highlighted RTX’s Raytheon business as a potential beneficiary of long-term demand for Patriot air and missile defense systems, GEM-T interceptors, LTAMDS radar and counter-drone products such as Coyote interceptors. Replenishment orders, system upgrades and expanded deployments could support multi-year revenue, maintenance and support opportunities. Why I’m Watching This Missile Defense Giant as America Rearms for Drone Warfare
Positive Sentiment: A separate analysis said defense stocks including RTX could benefit as improved cooperation between contractors and the U.S. government reduces risks associated with fixed-price development contracts. The potential for sustained weapons replenishment and modernization was presented as a catalyst for sector-wide share-price appreciation. Prediction: Defense Stocks Like Lockheed Martin, RTX, and Boeing Are Set to Soar
Positive Sentiment: Zacks included RTX among sales-growth stocks to consider amid market volatility, citing its potential resilience despite inflation and tighter financial conditions. Invest in These 3 Sales Growth Stocks Amid AI-Led Market Volatility
Neutral Sentiment: Wall Street’s outlook remains cautiously optimistic after RTX’s strong recent operating performance. Analysts recognize the company’s defense and aerospace opportunities but appear mindful of valuation, execution, engine-program costs and commercial aviation exposure. Are Wall Street Analysts Bullish on RTX Corporation Stock?
Neutral Sentiment: Most of the remaining articles concern NVIDIA’s GeForce RTX graphics cards—not RTX Corporation—and therefore have no direct fundamental effect on RTX (NYSE: RTX). GPU shortages, pricing and product delays may create headline confusion but do not explain the stock’s movement.

Analyst Upgrades and Downgrades

RTX has been the subject of several research analyst reports. Susquehanna raised their target price on shares of RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research report on Friday, July 24th. Robert W. Baird set a $240.00 price objective on shares of RTX in a report on Friday, July 24th. BNP Paribas Exane raised their price objective on shares of RTX from $220.00 to $265.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. 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. Finally, TD Cowen reduced their target price on RTX from $240.00 to $225.00 and set a “buy” rating on the stock in a report on Friday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, RTX currently has an average rating of “Moderate Buy” and a consensus target price of $231.24.

Read Our Latest Stock Analysis on RTX

RTX Stock Performance

The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.81 and a current ratio of 1.05. The business has a 50-day moving average price of $194.81 and a 200 day moving average price of $195.55. The stock has a market capitalization of $273.67 billion, a P/E ratio of 32.92, a PEG ratio of 2.23 and a beta of 0.30.

RTX (NYSE:RTX – Get Free Report) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. The company had revenue of $24.96 billion during the quarter, compared to analyst estimates of $24.11 billion. RTX had a return on equity of 14.89% and a net margin of 8.75%. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the company earned $1.70 EPS. As a group, sell-side analysts forecast that RTX Corporation will post 7.67 EPS for the current fiscal year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 20th will be paid a dividend of $0.73 per share. The ex-dividend date is Friday, November 20th. This represents a $2.92 annualized dividend and a yield of 1.4%. RTX’s dividend payout ratio is currently 47.40%.

Insider Buying and Selling at RTX

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the transaction, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by insiders.

Hedge Funds Weigh In On RTX

Several hedge funds and other institutional investors have recently modified their holdings of RTX. Gutierrez Wealth Advisory LLC purchased a new position in shares of RTX during the 3rd quarter worth $247,000. StrongBox Wealth LLC increased its stake in shares of RTX by 4.9% in the 3rd quarter. StrongBox Wealth LLC now owns 41,032 shares of the company’s stock worth $7,618,000 after purchasing an additional 1,926 shares in the last quarter. B&D White Capital Company LLC raised its holdings in RTX by 324.0% in the 3rd quarter. B&D White Capital Company LLC now owns 26,500 shares of the company’s stock worth $4,920,000 after purchasing an additional 20,250 shares during the period. MMA Asset Management LLC purchased a new position in shares of RTX during the 3rd quarter valued at about $561,000. Finally, QTR Family Wealth LLC grew its stake in shares of RTX by 3.5% during the 3rd quarter. QTR Family Wealth LLC now owns 3,401 shares of the company’s stock valued at $631,000 after acquiring an additional 114 shares during the period. 86.50% of the stock is owned by institutional investors.

RTX Company Profile

(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.