FY2027 Earnings Forecast for RTX Issued By Erste Group Bank

RTX Corporation (NYSE:RTX) – Stock analysts at Erste Group Bank increased their FY2027 earnings estimates for RTX in a research report issued to clients and investors on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $7.87 for the year, up from their previous estimate of $7.85. The consensus estimate for RTX’s current full-year earnings is $7.22 per share.

RTX (NYSE:RTX) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, topping 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 company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same quarter in the previous year, the business earned $1.56 earnings per share. RTX’s 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.

Other equities analysts also recently issued reports about the company. UBS Group raised their price objective on RTX from $198.00 to $215.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Argus set a $245.00 price objective on RTX and gave the stock a “buy” rating in a research note on Thursday, July 30th. Susquehanna upped their target price on RTX from $235.00 to $245.00 and gave the company a “positive” rating in a report on Friday, July 24th. Wells Fargo & Company increased their target price on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. Finally, Jefferies Financial Group set a $250.00 target price on shares of RTX and gave the company a “buy” rating in a research report on Sunday, July 26th. Eighteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and a consensus price target of $227.75.

RTX Stock Performance

NYSE RTX opened at $186.56 on Tuesday. The company has a market capitalization of $251.43 billion, a price-to-earnings ratio of 32.84, a PEG ratio of 2.40 and a beta of 0.31. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. RTX has a twelve month low of $155.64 and a twelve month high of $226.88. The stock has a fifty day simple moving average of $202.41 and a 200 day simple moving average of $193.80.

Insider Buying and Selling

In other RTX news, insider Troy 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 value of $1,799,451.53. Following the completion of the sale, the insider directly owned 8,809 shares in the company, valued at approximately $1,852,444.61. The trade was a 49.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 29,222 shares of company stock valued at $6,362,003 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Institutional Trading of RTX

Hedge funds have recently modified their holdings of the stock. Evergreen Advisors LLC purchased a new position in RTX in the 1st quarter worth approximately $31,000. Signature Resources Capital Management LLC raised its position in shares of RTX by 111.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock valued at $36,000 after buying an additional 97 shares in the last quarter. BOK Financial Private Wealth Inc. purchased a new stake in shares of RTX during the 2nd quarter valued at $36,000. Networth Advisors LLC bought a new stake in shares of RTX during the 1st quarter worth $40,000. Finally, Groupe la Francaise lifted its holdings in shares of RTX by 50.9% during the 2nd quarter. Groupe la Francaise now owns 261 shares of the company’s stock worth $45,000 after acquiring an additional 88 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, an RTX business, completed three tests of its Coyote Block 2C+RM interceptor upgrades in just 15 months. The progress supports RTX’s efforts to address growing demand for counter-drone systems, although the company funded the development and no contract value was disclosed. RTX’s Raytheon completes three successful tests of new Coyote upgrades
• Positive Sentiment: Raytheon received an Office of Naval Research contract to develop software that improves naval-radar detection range, sensitivity and efficiency. The multiyear work, expected to continue through 2031, adds to RTX’s defense technology pipeline, though financial terms were not provided. RTX’s Raytheon to advance target-detection capabilities for naval radars
• Positive Sentiment: RTX is expected to report earnings Tuesday. Investors will be watching whether the company can sustain its recent momentum after reporting quarterly EPS of $1.89 versus the $1.66 consensus estimate and revenue growth of 14.5% year over year. RTX expected to announce earnings
• Neutral Sentiment: Barclays initiated research coverage of RTX. The item may increase analyst attention, but the available report does not specify the firm’s rating or price target. RTX research coverage started at Barclays
• Neutral Sentiment: Most of the remaining headlines concern NVIDIA’s GeForce RTX graphics cards, not RTX Corporation. They therefore have no direct read-through for RTX’s aerospace and defense business or its stock.

RTX Company Profile

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and supplies technologies for commercial aviation, business aviation, military operations and space applications. The company serves customers including aircraft manufacturers, airlines, governments and armed forces worldwide.

RTX operates through three principal business segments: Collins Aerospace, which provides aerospace systems, avionics, interiors, landing systems and other aircraft equipment; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance and services; and Raytheon, which develops integrated air and missile defense systems, precision weapons, radars, sensors, command-and-control technologies and other defense solutions.

The company was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation, although its businesses trace their histories to earlier aerospace and technology companies, including Pratt & Whitney and Collins Aerospace predecessor organizations.