RTX (NYSE:RTX) Hits New 1-Year High – Here’s What Happened

RTX Corporation (NYSE:RTX)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock 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.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Board declares quarterly cash dividend of $0.68 per share — this raises near-term shareholder yield and signals confidence in free cash flow, supporting demand for the stock. RTX Board of Directors Declares Quarterly Cash Dividend
• Positive Sentiment: Raytheon/RTX wins multi-year Pentagon agreements to ramp up missile and munitions production — these contracts imply revenue visibility and production ramp that support near- to mid-term growth and margin stability in the defense segment. RTX’s Raytheon lands seven-year Pentagon deal to ramp up missile production
• Neutral Sentiment: RTX is a trending stock on retail/screeners — elevated attention can add short-term volatility but doesn’t change fundamentals; monitor flows and volume. RTX Corporation (RTX) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Several headlines referencing “RTX” GPUs (Nvidia) are circulating — these relate to NVIDIA’s product line and memory-supply delays, not RTX Corporation’s defense business; they may create search/noise but are not direct fundamentals for RTX (the company). NVIDIA rumors: RTX 50 SUPER not launching this year, RTX 60 ‘Rubin’ delayed over DRAM crisis
• Negative Sentiment: White House order limits on CEO pay, dividends and buybacks for defense contractors — investors worry this policy could curb shareholder returns and capital-allocation flexibility, weighing on valuation sentiment for RTX and peers. Investors in defense stocks wary as Trump places new limits on CEO pay and dividends

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Citigroup lifted their price objective on shares of RTX from $227.00 to $238.00 and gave the stock a “buy” rating in a report on Thursday. Morgan Stanley reissued an “overweight” rating and set a $235.00 price target on shares of RTX in a research report on Wednesday, January 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of RTX in a research report on Monday, December 29th. The Goldman Sachs Group increased their price objective on shares of RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Finally, UBS Group reissued a “neutral” rating on shares of RTX in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $199.50.

RTX Stock Up 1.4%

The stock’s 50-day moving average price is $187.63 and its two-hundred day moving average price is $172.10. 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 stock has a market capitalization of $266.52 billion, a P/E ratio of 40.08, a P/E/G ratio of 2.83 and a beta of 0.43.

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

Institutional Trading of RTX

Institutional investors have recently modified their holdings of the business. State Street Corp lifted its stake in shares of RTX by 0.5% during the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after buying an additional 552,009 shares during the period. State Board of Administration of Florida Retirement System raised its stake in RTX by 1.2% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock worth $192,333,000 after acquiring an additional 16,034 shares during the last quarter. MGO One Seven LLC raised its stake in RTX by 10.2% in the 2nd quarter. MGO One Seven LLC now owns 27,620 shares of the company’s stock worth $4,033,000 after acquiring an additional 2,554 shares during the last quarter. Principal Financial Group Inc. lifted its position in RTX by 2.0% during the 3rd quarter. Principal Financial Group Inc. now owns 1,693,324 shares of the company’s stock worth $283,344,000 after acquiring an additional 33,395 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich grew its stake in RTX by 28,295.2% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 11,926 shares of the company’s stock valued at $1,741,000 after purchasing an additional 11,884 shares during the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

About RTX

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.