What is Erste Group Bank’s Estimate for RTX FY2026 Earnings?

RTX Corporation (NYSE:RTX) – Equities researchers at Erste Group Bank raised their FY2026 earnings estimates for RTX in a report released on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings per share of $7.30 for the year, up from their previous forecast of $7.25. The consensus estimate for RTX’s current full-year earnings is $7.72 per share. Erste Group Bank also issued estimates for RTX’s FY2027 earnings at $7.90 EPS.

RTX (NYSE:RTX) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. RTX had a net margin of 8.75% and a return on equity of 14.89%. The company had revenue of $24.96 billion for the quarter, compared to analyst estimates of $24.11 billion. During the same quarter last year, the firm posted $1.70 earnings per share. The business’s quarterly revenue was up 11.1% on a year-over-year basis.

A number of other equities analysts have also commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of RTX from $215.00 to $240.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Weiss Ratings upgraded RTX from a “buy (b)” rating to a “buy (a-)” rating in a research note on Thursday. The Goldman Sachs Group lifted their target price on RTX from $195.00 to $206.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. Robert W. Baird set a $240.00 price target on RTX in a research note on Friday, July 24th. Finally, Wells Fargo & Company increased their price target on RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and a consensus target price of $227.12.

RTX Price Performance

Shares of RTX stock opened at $194.49 on Friday. The firm has a fifty day simple moving average of $197.32 and a 200-day simple moving average of $193.64. The company has a market capitalization of $262.45 billion, a PE ratio of 31.57, a price-to-earnings-growth ratio of 2.31 and a beta of 0.31. RTX has a twelve month low of $166.74 and a twelve month high of $226.88. The company has a current ratio of 1.05, a quick ratio of 0.78 and a debt-to-equity ratio of 0.44.

Institutional Trading of RTX

Several institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in RTX during the second quarter worth about $20,970,571,000. Bank of New York Mellon Corp acquired a new position in RTX during the 2nd quarter worth $1,456,256,000. Legal & General Group Plc bought a new position in RTX in the 2nd quarter valued at about $1,267,256,000. Deutsche Bank AG bought a new stake in shares of RTX during the 2nd quarter worth about $725,900,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of RTX in the 2nd quarter worth approximately $636,932,000. Institutional investors own 86.50% of the company’s stock.

Insider Buying and Selling at RTX

In other news, VP Kevin G. Dasilva sold 2,250 shares of the business’s stock in a transaction dated 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 sale, the vice president owned 20,099 shares of the company’s stock, valued at approximately $4,360,076.07. The trade was a 10.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the sale, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is owned by company insiders.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Strong Q3 results and raised outlook: RTX reported adjusted earnings of $2.26 per share, well above the $1.78 consensus estimate, while revenue increased 11.1% year over year to $24.97 billion. The company raised fiscal 2026 guidance to $7.65–$7.75 in adjusted EPS and $97.0–$97.5 billion in revenue, above analyst expectations. RTX Q3 Earnings Call Highlights Defense Backlog and Higher 2026 Outlook
• Positive Sentiment: Record backlog supports long-term visibility: Management highlighted a record $340 billion backlog, robust aircraft aftermarket demand, and expanding defense production. Investors are also encouraged by margin expansion, stronger cash flow, and improving prospects for Pratt & Whitney and missile programs. Are RTX Corporation and Northrop Grumman Ready to Break Out?
• Positive Sentiment: New defense award: Raytheon secured a $350 million modification to a U.S. Air Force contract, adding near-term bookings and reinforcing demand for RTX’s defense portfolio. RTX’s Raytheon Secures $350 Million US Air Force Contract Modification
• Neutral Sentiment: Collins Aerospace introduced radio-altimeter upgrades designed to meet new FAA standards and resist 5G interference. The offering may support aftermarket sales, although the immediate financial impact was not disclosed. RTX’s Collins Aerospace Announces Radio Altimeter Upgrades
• Negative Sentiment: Despite stronger earnings, investors may remain focused on margin pressures and the company’s decision to pause share buybacks. At a valuation near 31.6 times earnings, further upside may depend on continued execution and delivery of the improved guidance.

RTX Company Profile

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and manufactures products and systems for commercial aviation, business aviation, military aircraft and government customers. Its portfolio includes aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, air and missile defense systems, precision weapons, radars and advanced sensors.

The company operates through three principal businesses: Collins Aerospace, which supplies aerospace systems and components; Pratt & Whitney, which designs and produces aircraft engines and related services; and Raytheon, which provides defense and intelligence technologies.