RTX (NYSE:RTX) Trading Up 2.8% – What’s Next?

RTX Corporation (NYSE:RTX)’s stock price traded up 2.8% during trading on Wednesday . The company traded as high as $203.80 and last traded at $203.4120. 4,383,723 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 6,109,623 shares. The stock had previously closed at $197.92.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX has an established streak of beating quarterly estimates and analysts say the company currently has the key ingredients (revenue strength and modest upside to consensus) to continue that trend, which could support further upside if Q2 results beat again. Can RTX (RTX) Keep the Earnings Surprise Streak Alive? (Yahoo) Can RTX (RTX) Keep the Earnings Surprise Streak Alive? (Zacks)
• Positive Sentiment: Unusually active May 1 $220 call volume shows speculative/bullish positioning ahead of near-term catalysts (earnings/guidance); heavy call buying can amplify moves if fundamentals or guidance surprise to the upside. RTX Stock’s Unusually Active May 1 $220 Call Is a No Brainer
• Neutral Sentiment: Pratt & Whitney (an RTX unit) named a new president effective June 1 — a management succession that supports operational continuity but is unlikely to be a major near-term share mover on its own. Satheeshkumar Kumarasingam named president of Pratt & Whitney
• Neutral Sentiment: Small institutional trimming: Bfsg LLC sold ~2,815 shares (a ~3.1% reduction in its RTX holding) per a 13F filing — a modest reweighting rather than a large-scale exit. Institutional flows are worth watching but this filing alone is not a major signal. Bfsg LLC Has $16.37 Million Holdings in RTX Corporation $RTX
• Neutral Sentiment: Several headlines about Nvidia-branded “RTX” consumer GPUs (laptops, broken GPUs, cooling changes) are trending — these relate to NVIDIA’s product line and could cause ticker/brand confusion among retail investors but do not reflect RTX Corporation’s aerospace and defense fundamentals. Area-51 gaming laptop article (example)
• Negative Sentiment: Macro and supply-chain concerns are highlighted in coverage noting a recent modest price pullback (monthly decline) and ongoing trade/supply risks — these factors can cap multiples and create short-term volatility despite contract wins and technology progress. RTX Declines 1.7% in the Past Month: How to Play the Stock?

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. UBS Group restated a “neutral” rating on shares of RTX in a research report on Wednesday, January 28th. TD Cowen reissued a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. Royal Bank Of Canada raised their price objective on RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Wolfe Research reissued an “outperform” rating on shares of RTX in a research report on Wednesday, February 4th. Finally, Susquehanna reissued a “positive” rating and set a $230.00 price objective on shares of RTX in a research report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $204.44.

RTX Stock Performance

The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51. The firm’s fifty day moving average price is $200.40 and its 200 day moving average price is $185.52. The stock has a market capitalization of $271.28 billion, a price-to-earnings ratio of 40.63, a price-to-earnings-growth ratio of 2.95 and a beta of 0.43.

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

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was 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 stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the sale, the vice president owned 27,102 shares of the company’s stock, valued at approximately $5,455,632.60. This represents a 23.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction dated 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 sale, the executive vice president directly owned 16,749 shares in the company, valued at $3,397,199.67. This represents a 43.15% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 89,255 shares of company stock valued at $18,151,956. Corporate insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On RTX

Institutional investors have recently modified their holdings of the business. Navalign LLC acquired a new stake in RTX in the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC acquired a new stake in RTX in the 4th quarter valued at about $26,000. BNP Paribas acquired a new stake in RTX in the 3rd quarter valued at about $25,000. Core Wealth Advisors LLC acquired a new stake in RTX in the 4th quarter valued at about $31,000. Finally, 1 North Wealth Services LLC raised its position in RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares in the last quarter. Institutional investors and hedge funds 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.