RTX (NYSE:RTX) Trading Up 1.8% – Still a Buy?

RTX Corporation (NYSE:RTX) shares traded up 1.8% during mid-day trading on Tuesday . The stock traded as high as $226.09 and last traded at $225.7260. Approximately 5,373,745 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 5,630,459 shares. The stock had previously closed at $221.64.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: The defense win adds a long-duration government-funded growth driver and comes amid increased U.S. spending on precision munitions and inventory replenishment. RTX’s recent $745 million missile-defense order further strengthens the Raytheon pipeline. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Positive Sentiment: RTX’s latest quarterly results exceeded expectations, with adjusted EPS of $1.89 versus $1.66 expected and revenue of $24.71 billion versus $22.89 billion expected. Revenue rose 14.5% year over year, prompting management to raise 2026 adjusted EPS guidance to $7.10–$7.25 and sales guidance to $95–$96 billion. Commercial aviation aftermarket demand from Pratt & Whitney and Collins Aerospace provides an additional earnings tailwind.
• Positive Sentiment: Analyst coverage remains broadly constructive, with a Moderate Buy consensus and an average price target near $228.59. RTX also has a relatively low debt-to-equity ratio of 0.47 and has increased its dividend for five consecutive years.
• Neutral Sentiment: Valuation is the main reason for caution. RTX trades at a premium earnings multiple, while its six-month return has lagged the S&P 500. Investors may require continued earnings growth to justify the elevated valuation. 2 Reasons to Like RTX and 1 to Stay Skeptical
• Neutral Sentiment: Articles about RTX 3080, RTX 5060, and RTX 5080 graphics cards concern NVIDIA’s GeForce products, not RTX Corporation, and therefore have no direct effect on RTX stock.

Wall Street Analyst Weigh In

RTX has been the topic of a number of recent analyst reports. Citigroup restated a “buy” rating on shares of RTX in a report on Wednesday, June 17th. TD Cowen boosted their price objective on shares of RTX from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Weiss Ratings downgraded shares of RTX from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Morgan Stanley reaffirmed an “overweight” rating and issued a $240.00 price target on shares of RTX in a report on Friday, July 24th. Finally, Robert W. Baird set a $240.00 target price on RTX in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $228.59.

RTX Price Performance

The stock’s 50 day simple moving average is $200.88 and its 200-day simple moving average is $195.01. The firm has a market cap of $304.22 billion, a price-to-earnings ratio of 39.74, a price-to-earnings-growth ratio of 2.65 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01.

RTX (NYSE:RTX) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The firm had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same period in the previous year, the company earned $1.56 earnings per share. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities research analysts anticipate that RTX Corporation will post 7.22 EPS for the current fiscal year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio is 51.41%.

Insider Buying and Selling at RTX

In related news, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the completion of the transaction, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Kevin G. Dasilva sold 2,250 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the transaction, the vice president directly owned 20,099 shares of the company’s stock, valued at $4,360,076.07. The trade was a 10.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 15,567 shares of company stock worth $3,304,375. 0.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On RTX

Institutional investors have recently made changes to their positions in the company. Fulcrum Asset Management LLP acquired a new stake in RTX during the second quarter valued at $1,210,000. Glenview Trust Co boosted its stake in shares of RTX by 1.5% during the 2nd quarter. Glenview Trust Co now owns 122,442 shares of the company’s stock worth $23,231,000 after acquiring an additional 1,753 shares in the last quarter. Brooks Moore & Associates Inc. boosted its stake in shares of RTX by 7.1% during the 2nd quarter. Brooks Moore & Associates Inc. now owns 10,532 shares of the company’s stock worth $1,998,000 after acquiring an additional 700 shares in the last quarter. WNY Asset Management LLC grew its position in shares of RTX by 6.8% during the 2nd quarter. WNY Asset Management LLC now owns 4,385 shares of the company’s stock valued at $832,000 after acquiring an additional 278 shares during the period. Finally, Hamilton Capital LLC increased its stake in shares of RTX by 2.9% in the 2nd quarter. Hamilton Capital LLC now owns 2,059 shares of the company’s stock valued at $391,000 after purchasing an additional 58 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.