RTX (NYSE:RTX) Issues Earnings Results

RTX (NYSE:RTX) announced its earnings results on Tuesday. The company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.26, FiscalAI reports. The business had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.47 EPS. RTX updated its FY 2026 guidance to 6.600-6.800 EPS.

Here are the key takeaways from RTX’s conference call:

• Strong quarter and upgraded guide: Adjusted sales were $22.1 billion and adjusted EPS $1.78 (up 21% YoY), and management raised full-year adjusted sales and EPS guidance while keeping free cash flow guidance unchanged.
• Record backlog and robust bookings: Book-to-bill was 1.14 with a record backlog of $271 billion (up 25% YoY), driven by strong commercial wins (including new GTF orders) and sizable defense awards across Pratt, Collins, and Raytheon.
• Major defense framework agreements and capacity investments: Raytheon signed five framework agreements for critical munitions that, if finalized, would underpin multi?year production ramping and RTX has already invested ~ $900 million in key sites and plans further CapEx to expand munitions capacity.
• Propulsion and MRO progress—GTF Advantage and lower AOGs: GTF Advantage received aircraft certification, fleet now has >50 million flight hours and ~8,000-engine backlog, while Pratt reported 23% YoY MRO output growth for PW1100 and AOGs were down ~15% from year-end.
• Ongoing supply chain, tariff and margin pressures: Management flagged supply?chain risks for munitions and critical minerals, noted ~$500 million paid under prior tariffs (refunds pending) and expects continued negative OE engine margins (with ~$200 million OE margin headwind this year).

RTX Stock Performance

NYSE:RTX opened at $187.26 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. The stock has a 50-day simple moving average of $200.22 and a two-hundred day simple moving average of $187.74. The firm has a market capitalization of $252.05 billion, a PE ratio of 37.75, a P/E/G ratio of 2.83 and a beta of 0.43. RTX has a 52-week low of $112.63 and a 52-week high of $214.50.

RTX Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, February 20th were given a dividend of $0.68 per share. The ex-dividend date was Friday, February 20th. This represents a $2.72 annualized dividend and a yield of 1.5%. RTX’s payout ratio is 54.84%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on RTX. Morgan Stanley reaffirmed an “overweight” rating and issued a $235.00 price objective on shares of RTX in a report on Wednesday, January 28th. Robert W. Baird set a $225.00 target price on RTX in a report on Wednesday, January 28th. UBS Group reissued a “neutral” rating on shares of RTX in a research report on Wednesday, January 28th. Royal Bank Of Canada upped their price target on shares of RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. Finally, Susquehanna reiterated a “positive” rating and issued a $230.00 price objective on shares of RTX in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and an average target price of $203.61.

Insider Transactions at RTX

In related news, VP Kevin G. Dasilva sold 8,136 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were 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. This represents a 23.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Dantaya M. Williams sold 12,713 shares of RTX stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the transaction, 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. Over the last three months, insiders have sold 89,255 shares of company stock valued at $18,151,956. Company insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On RTX

A number of institutional investors and hedge funds have recently bought and sold shares of RTX. Gerber Kawasaki Wealth & Investment Management raised its stake in RTX by 0.8% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 7,594 shares of the company’s stock valued at $1,393,000 after purchasing an additional 61 shares during the period. Quarry LP raised its stake in RTX by 9.0% during the third quarter. Quarry LP now owns 787 shares of the company’s stock valued at $132,000 after purchasing an additional 65 shares in the last quarter. Twin Focus Capital Partners LLC lifted its holdings in shares of RTX by 1.2% in the 4th quarter. Twin Focus Capital Partners LLC now owns 5,517 shares of the company’s stock valued at $1,012,000 after acquiring an additional 67 shares during the last quarter. Navis Wealth Advisors LLC boosted its holdings in shares of RTX by 2.2% in the 3rd quarter. Navis Wealth Advisors LLC now owns 3,109 shares of the company’s stock worth $520,000 after purchasing an additional 68 shares during the period. Finally, Caxton Associates LLP boosted its stake in RTX by 0.8% during the third quarter. Caxton Associates LLP now owns 8,704 shares of the company’s stock worth $1,456,000 after buying an additional 70 shares during the period. 86.50% of the stock is owned by institutional investors.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q1 beat and upgraded outlook — RTX reported $1.78 EPS on $22.08B revenue, beating estimates and raising 2026 profit/revenue guidance on strong defense and aftermarket demand. This is the primary bullish catalyst supporting the stock. RTX Reports Q1 2026 Results
• Positive Sentiment: New/expanded production and MRO investments — Pratt & Whitney (RTX) is investing ~$100M in Poland and more than $100M across U.S. MRO sites, plus a new Morocco facility, increasing capacity for GTF and military engines and strengthening the supply chain and aftermarket revenue potential. Pratt & Whitney invests $100M in Poland
• Positive Sentiment: Contract wins and deliveries bolster backlog — Recent Navy contract modification (~$213M), delivery of Next Generation Jammer pods to Australia, and U.S. approval of a potential Germany combat systems deal support multi-year revenue visibility and defense segment strength. U.S. Approves Potential $11.9B Germany Deal
• Neutral Sentiment: Sell-side optimism vs. valuation — Recent sell-side notes highlight a multi-year backlog and cash generation, with some analysts pointing to ~20% upside; these views support longer-term case but may already be priced in. Sell-Side Support Lifts RTX in 2026
• Negative Sentiment: Guidance vs. expectations triggered profit-taking — While guidance was raised, parts of the full-year revenue/EPS range were slightly below some consensus figures, prompting investor disappointment and intraday weakness after the initial rally. Why RTX Stock Is Trading Lower Today
• Negative Sentiment: Insider selling and program risk — Recent flagged insider sales (several executives) and program disputes/cancellations (e.g., a scrapped Air Force GPS ground-control program reported earlier) add governance and program-risk headline risk for short-term sentiment. Quiver Quantitative RTX summary

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.