RTX Corporation (NYSE:RTX – Get Free Report)’s share price dropped 1.4% during mid-day trading on Thursday . The company traded as low as $175.30 and last traded at $175.5750. Approximately 5,817,456 shares changed hands during trading, a decline of 2% from the average daily volume of 5,948,765 shares. The stock had previously closed at $178.11.
Key Stories Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX’s massive $271 billion backlog and diversified aerospace-and-defense portfolio are supporting long-term revenue visibility and order strength. Can RTX’s Massive Backlog Support Long-Term Revenue Growth?
- Positive Sentiment: RTX will get another visibility boost when Chairman and CEO Chris Calio presents at the Bernstein Strategic Decisions Conference later this month, which could help keep investor focus on execution and strategy. RTX Chairman and CEO to present at the 2026 Bernstein Strategic Decisions Conference
- Positive Sentiment: RTX remains heavily searched by investors, signaling elevated market interest ahead of upcoming catalysts and analyst commentary. Investors Heavily Search RTX Corporation (RTX): Here is What You Need to Know
- Neutral Sentiment: Analysts are sending mixed signals: at least one price target was raised to $240, but the broader debate still centers on valuation and execution risk. How The RTX (RTX) Investment Narrative Is Shifting With New Targets And Execution Questions
- Neutral Sentiment: The CEO’s conference appearance is a routine investor-relations event rather than a direct operational update, so it may have limited near-term stock impact. RTX Chairman and CEO to present at the 2026 Bernstein Strategic Decisions Conference
- Negative Sentiment: Some of the recent analyst commentary highlights execution questions and concerns that RTX’s current valuation may already reflect much of the upside, which can pressure sentiment. How The RTX (RTX) Investment Narrative Is Shifting With New Targets And Execution Questions
Analysts Set New Price Targets
A number of brokerages recently issued reports on RTX. Royal Bank Of Canada increased their target price on RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $240.00 target price on shares of RTX in a report on Thursday, March 5th. UBS Group cut their target price on RTX from $209.00 to $199.00 and set a “neutral” rating on the stock in a report on Wednesday, April 22nd. Wolfe Research reiterated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $210.75.
RTX Trading Down 2.6%
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 firm has a 50 day simple moving average of $191.79 and a two-hundred day simple moving average of $188.74. The firm has a market capitalization of $230.43 billion, a P/E ratio of 32.10, a PEG ratio of 2.49 and a beta of 0.31.
RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The business had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $21.38 billion. During the same period last year, the business earned $1.47 EPS. The business’s revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities research analysts forecast that RTX Corporation will post 6.91 earnings per share for the current year.
RTX Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.73 per share. This is a boost from RTX’s previous quarterly dividend of $0.68. The ex-dividend date is Friday, May 22nd. This represents a $2.92 annualized dividend and a yield of 1.7%. RTX’s dividend payout ratio (DPR) is 51.03%.
Insider Activity
In other news, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the sale, the executive vice president directly owned 16,749 shares of the company’s stock, valued at $3,397,199.67. This trade represents a 43.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the sale, the executive vice president directly owned 59,556 shares of the company’s stock, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 63,592 shares of company stock valued at $13,023,502 in the last ninety days. 0.10% of the stock is currently owned by insiders.
Institutional Investors Weigh In On RTX
Several large investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in RTX during the 4th quarter valued at about $3,167,626,000. Auto Owners Insurance Co grew its holdings in RTX by 24,730.9% during the 4th quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after buying an additional 10,062,269 shares in the last quarter. Vanguard Group Inc. grew its holdings in RTX by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after buying an additional 2,210,950 shares in the last quarter. Artisan Partners Limited Partnership boosted its position in shares of RTX by 1,545.1% during the 4th quarter. Artisan Partners Limited Partnership now owns 1,723,710 shares of the company’s stock valued at $316,128,000 after acquiring an additional 1,618,933 shares during the last quarter. Finally, Amundi boosted its position in shares of RTX by 49.1% during the 4th quarter. Amundi now owns 4,402,120 shares of the company’s stock valued at $807,349,000 after acquiring an additional 1,450,596 shares during the last quarter. Hedge funds and other 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.
See Also
- Five stocks we like better than RTX
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
- Alphabet’s Googlebook Brings Gemini AI to PC Hardware
- Peloton Stock Gives Back Gains After Upbeat Earnings Report
Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.
