RTX (NYSE:RTX) Shares Up 2.4% – Still a Buy?

RTX Corporation (NYSE:RTX)’s stock price was up 2.4% during trading on Friday . The stock traded as high as $202.62 and last traded at $202.40. Approximately 8,944,254 shares traded hands during mid-day trading, an increase of 38% from the average daily volume of 6,486,356 shares. The stock had previously closed at $197.63.

Analyst Ratings Changes

RTX has been the topic of several analyst reports. Morgan Stanley reiterated an “overweight” rating and issued a $235.00 price objective on shares of RTX in a research note on Wednesday, January 28th. Royal Bank Of Canada increased their price target on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Citigroup boosted their price objective on RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Vertical Research restated a “buy” rating and set a $227.00 target price on shares of RTX in a research note on Tuesday, January 27th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $225.00 price target on shares of RTX in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $199.50.

RTX Stock Performance

The firm has a 50 day moving average of $194.87 and a two-hundred day moving average of $176.39. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The stock has a market cap of $271.68 billion, a PE ratio of 40.81, a PEG ratio of 2.83 and a beta of 0.43.

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

RTX Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 20th will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, February 20th. RTX’s dividend payout ratio is currently 54.84%.

Insider Buying and Selling at RTX

In other news, VP Kevin G. Dasilva sold 8,136 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $201.30, for a total value of $1,637,776.80. Following the completion of the sale, the vice president directly owned 27,102 shares of the company’s stock, valued at approximately $5,455,632.60. The trade was a 23.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total value of $7,349,797.80. Following the transaction, the executive vice president owned 59,556 shares in the company, valued at $12,242,331.36. This represents a 37.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 89,255 shares of company stock valued at $18,151,956. 0.15% of the stock is owned by insiders.

Hedge Funds Weigh In On RTX

A number of institutional investors have recently modified their holdings of the business. Alpha Cubed Investments LLC increased its stake in RTX by 0.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock valued at $2,700,000 after purchasing an additional 50 shares during the period. LeConte Wealth Management LLC boosted its stake in shares of RTX by 2.3% during the fourth quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock worth $412,000 after buying an additional 51 shares during the period. Rydar Equities Inc. grew its holdings in shares of RTX by 0.4% during the fourth quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock worth $2,480,000 after buying an additional 52 shares during the last quarter. Schulhoff & Co. Inc. increased its position in RTX by 1.7% in the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after acquiring an additional 52 shares during the period. Finally, Howard Capital Management Inc. increased its position in RTX by 0.4% in the 4th quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock valued at $2,263,000 after acquiring an additional 53 shares during the period. 86.50% of the stock is owned by institutional investors and hedge funds.

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.