RTX (NYSE:RTX – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 7.100-7.250 for the period, compared to the consensus earnings per share estimate of 6.910. The company issued revenue guidance of $95.0 billion-$96.0 billion, compared to the consensus revenue estimate of $94.0 billion.
RTX Stock Up 1.9%
RTX stock opened at $213.09 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The company has a market capitalization of $286.97 billion, a price-to-earnings ratio of 37.52, a PEG ratio of 2.76 and a beta of 0.30. RTX has a fifty-two week low of $150.61 and a fifty-two week high of $214.89. The stock has a fifty day moving average of $187.08 and a 200-day moving average of $192.19.
RTX (NYSE:RTX – Get Free Report) last issued its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities research analysts predict that RTX will post 7.18 earnings per share for the current year.
RTX Dividend Announcement
Analyst Ratings Changes
A number of research analysts recently issued reports on RTX shares. Royal Bank Of Canada boosted their price target on RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Friday. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Susquehanna boosted their price target on shares of RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research report on Friday. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and a consensus target price of $218.62.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX reported better-than-expected Q2 adjusted EPS of $1.89 on revenue of $24.71 billion, topping Wall Street estimates and showing 14.5% year-over-year revenue growth. RTX Beats on Q2 Earnings, Lifts Full-Year 2026 Guidance
- Positive Sentiment: The company raised full-year 2026 guidance for sales, EPS, and free cash flow, signaling management sees momentum continuing into the rest of the year. RTX Reports Q2 2026 Results
- Positive Sentiment: RTX highlighted a record $289 billion backlog and more than $5 billion in Patriot-related bookings, including its first U.S. Patriot order in over 30 years, reinforcing strong demand for missile and defense systems. QUICK SPARK: RTX Just Received Its First US Patriot Order in 30 Years
- Positive Sentiment: Several analysts turned more constructive, with RBC and Morgan Stanley pointing to stronger aerospace and defense demand, margin upside, and additional growth potential through 2027. RTX Q2 Results Beat Expectations on Strong Aerospace, Defense Demand, RBC Says
- Neutral Sentiment: Wells Fargo raised its price target on RTX, but kept an “equal weight” rating, suggesting a more balanced view despite the improved outlook.
- Negative Sentiment: Some commentary noted potential headwinds tied to geopolitical risks and execution challenges, which could limit upside if defense demand or operations soften. RTX Stock Rises After Strong Earnings but Faces Two Iran War Headwinds
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of RTX. Morgan Stanley grew its position in RTX by 0.4% during the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock valued at $5,462,310,000 after buying an additional 105,069 shares during the period. Amundi increased its stake in shares of RTX by 49.1% in the 4th quarter. Amundi now owns 4,402,120 shares of the company’s stock worth $807,349,000 after purchasing an additional 1,450,596 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in RTX by 0.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,798,472 shares of the company’s stock valued at $513,240,000 after purchasing an additional 23,923 shares in the last quarter. Stifel Financial Corp grew its holdings in RTX by 3.5% during the fourth quarter. Stifel Financial Corp now owns 2,129,178 shares of the company’s stock valued at $390,499,000 after purchasing an additional 72,033 shares during the period. Finally, Schroder Investment Management Group increased its position in RTX by 6.0% in the fourth quarter. Schroder Investment Management Group now owns 1,767,222 shares of the company’s stock worth $325,187,000 after buying an additional 100,555 shares in the last quarter. 86.50% of the stock is 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.
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