RTX (NYSE:RTX) Reaches New 12-Month High – Here’s Why

RTX Corporation (NYSE:RTX)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $206.48 and last traded at $198.1980, with a volume of 453176 shares traded. The stock had previously closed at $203.50.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Major munitions production expansion — Raytheon (an RTX business) signed five multi‑year framework agreements with the U.S. Department of War to increase production and speed deliveries of Tomahawk, AMRAAM, SM‑3 and SM‑6 missiles, supporting multi‑year revenue visibility. RTX’s Raytheon partners with Department of War on five landmark agreements to expand critical munition production
• Positive Sentiment: Large U.S. missile build award — Reuters reports Raytheon secured a deal to build thousands of missiles (including Tomahawks) as the Pentagon rebuilds stockpiles, underpinning backlog and factory utilization. Raytheon secures deal to build thousands of missiles for the US, including Tomahawks
• Positive Sentiment: Direct Army radar award — RTX won a $1.03B LTAMDS contract to supply the U.S. Army, which strengthens longer‑term defense revenue visibility in air/missile defense. RTX Secures a $1.03B Contract to Supply LTAMDS System to U.S. Army
• Positive Sentiment: Commercial aerospace aftermarket & engine wins — Pratt & Whitney landed a 44‑aircraft GTF order from Vietjet (plus a 12‑year maintenance agreement), and Collins Aerospace announced service/connectivity and FlightSense renewals with Thai Airways, ANA and Singapore Airlines; Pratt & Whitney Canada added a long‑term Scoot APS5000 agreement — all support recurring aftermarket revenue. Vietjet selects RTX’s Pratt & Whitney to power 44 additional A320neo family aircraft Collins connects Thai Airways
• Positive Sentiment: Regional investment and manufacturing commitment — RTX plans a $139M investment in Singapore with MOUs to deepen aerospace manufacturing and services footprint in Asia Pacific. RTX to invest $139 million in Singapore
• Positive Sentiment: Product development progress — RTX conducted a ballistic test of a Stinger replacement and plans initial full flight in 2026, indicating forward momentum on a next‑gen air defense offering. RTX Conducts Ballistic Test Of Stinger Replacement Offering
• Neutral Sentiment: Investor event — CEO Chris Calio will present at Citi’s Global Industrial Tech & Mobility Conference on Feb. 18 (potential for incremental guidance/comments). RTX Chairman and CEO to present at Citi conference
• Neutral Sentiment: Media noise from name overlap — multiple stories about “RTX” GPUs and gaming PC deals refer to NVIDIA’s RTX brand, not RTX Corporation; these items can create noise but are not fundamental to RTX Corp. Modders resurrect half-dead RTX 5070 Ti
• Negative Sentiment: Risk factors and profit‑taking pressure — analysts note RTX has outperformed (~30% in six months) but flagged trade tensions and political scrutiny as risks; after a big run investors may be trimming positions, contributing to the stock decline. RTX Outperforms Industry in the Past 6 Months: How to Play the Stock?

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on RTX. The Goldman Sachs Group boosted their target price on shares of RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Citigroup boosted their price objective on shares of RTX from $211.00 to $227.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. BNP Paribas Exane started coverage on shares of RTX in a report on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price target on the stock. Finally, Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and a consensus target price of $198.89.

RTX Trading Down 4.3%

The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The firm’s 50-day simple moving average is $186.22 and its 200-day simple moving average is $171.43. The firm has a market capitalization of $261.23 billion, a PE ratio of 39.31, a price-to-earnings-growth ratio of 2.92 and a beta of 0.43.

RTX (NYSE:RTX) last released its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The firm had revenue of $24.24 billion for the quarter, compared to analysts’ expectations of $22.65 billion. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts expect that RTX Corporation will post 6.11 earnings per share for the current year.

Institutional Investors Weigh In On RTX

Hedge funds have recently bought and sold shares of the business. Brighton Jones LLC boosted its holdings in shares of RTX by 24.3% during the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after acquiring an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of RTX by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after purchasing an additional 159 shares during the period. Wealthcare Advisory Partners LLC grew its position in RTX by 0.9% during the second quarter. Wealthcare Advisory Partners LLC now owns 13,601 shares of the company’s stock valued at $1,986,000 after buying an additional 127 shares during the period. DAVENPORT & Co LLC boosted its stake in shares of RTX by 2.3% during the 2nd quarter. DAVENPORT & Co LLC now owns 113,083 shares of the company’s stock worth $16,512,000 after acquiring an additional 2,562 shares during the last quarter. Finally, Mraz Amerine & Associates Inc. purchased a new stake in shares of RTX in the 2nd quarter worth $383,000. Institutional investors 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.