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 Trading Up 8.4%
Shares of RTX stock opened at $211.23 on Thursday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The company has a market cap of $284.46 billion, a price-to-earnings ratio of 39.47, a PEG ratio of 2.65 and a beta of 0.30. RTX has a 1 year low of $150.61 and a 1 year high of $214.50. The firm has a fifty day moving average price of $185.57 and a 200-day moving average price of $191.89.
RTX (NYSE:RTX – Get Free Report) last released its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.23. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company had revenue of $24.71 billion for the quarter, compared to the consensus estimate of $22.89 billion. During the same period in the previous year, the business earned $1.56 earnings per share. RTX’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. As a group, equities analysts predict that RTX will post 6.92 earnings per share for the current year.
RTX Announces Dividend
Analysts Set New Price Targets
A number of equities research analysts have commented on the stock. Melius Research upgraded shares of RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Morgan Stanley reduced their price objective on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Citigroup restated a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. Finally, Weiss Ratings cut RTX from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $211.38.
View Our Latest Stock Report on RTX
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX reported Q2 adjusted EPS of $1.89, above the $1.66 consensus, while revenue reached $24.71 billion versus expectations of $22.89 billion. MarketBeat earnings report
- Positive Sentiment: RTX raised full-year 2026 guidance, now expecting EPS of $7.10 to $7.25 and revenue of $95 billion to $96 billion, both above prior forecasts and Wall Street estimates. Wall Street Journal article
- Positive Sentiment: Management cited robust demand and a higher backlog, while recent business updates at Farnborough highlighted more than 800 Pratt & Whitney GTF orders and commitments year to date, supporting the company’s long-term aerospace growth story. Pratt & Whitney GTF orders press release
- Neutral Sentiment: The latest headlines also mention RTX’s hybrid-electric aviation testing and a new MRO joint venture with Etihad Engineering, which are positive strategic developments but are more long-term than immediate catalysts. Hybrid-electric aviation press release
- Negative Sentiment: Some reports note potential geopolitical headwinds tied to Iran-related conflict, which could create uncertainty for defense and supply-chain costs even after the strong earnings beat. Barron’s article
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of RTX. Gerber Kawasaki Wealth & Investment Management increased its stake in RTX by 0.8% in 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 in the last quarter. Quarry LP raised its position in shares of RTX by 9.0% during the 3rd quarter. Quarry LP now owns 787 shares of the company’s stock worth $132,000 after purchasing an additional 65 shares during the last quarter. Twin Focus Capital Partners LLC lifted its stake in 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 buying an additional 67 shares in the last quarter. Navis Wealth Advisors LLC grew its holdings in RTX by 2.2% during the 3rd quarter. Navis Wealth Advisors LLC now owns 3,109 shares of the company’s stock valued at $520,000 after buying an additional 68 shares during the last quarter. Finally, Caxton Associates LLP increased its position 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 in the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.
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.
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