RTX (NYSE:RTX – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 6.000-6.150 for the period, compared to the consensus EPS estimate of 6.110. The company issued revenue guidance of $83.0 billion-$84.0 billion, compared to the consensus revenue estimate of $84.2 billion.
RTX Stock Down 2.1 %
RTX opened at $126.12 on Tuesday. The company has a market cap of $168.38 billion, a PE ratio of 35.53, a price-to-earnings-growth ratio of 2.11 and a beta of 0.58. The company has a 50 day moving average of $128.57 and a 200 day moving average of $123.84. RTX has a 12 month low of $99.07 and a 12 month high of $136.17. The company has a current ratio of 0.99, a quick ratio of 0.74 and a debt-to-equity ratio of 0.63.
RTX (NYSE:RTX – Get Free Report) last announced its quarterly earnings results on Tuesday, January 28th. The company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.19. RTX had a return on equity of 12.45% and a net margin of 5.91%. On average, sell-side analysts expect that RTX will post 6.11 EPS for the current year.
RTX Announces Dividend
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on RTX. Wells Fargo & Company upped their target price on shares of RTX from $136.00 to $144.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 15th. StockNews.com downgraded RTX from a “buy” rating to a “hold” rating in a research report on Friday, February 14th. Citigroup decreased their price target on shares of RTX from $153.00 to $148.00 and set a “buy” rating on the stock in a research note on Thursday, April 10th. Robert W. Baird raised shares of RTX from a “neutral” rating to an “outperform” rating and increased their target price for the company from $136.00 to $160.00 in a report on Wednesday, March 19th. Finally, Bank of America boosted their price target on shares of RTX from $145.00 to $155.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating, eleven have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and an average price target of $165.27.
Check Out Our Latest Stock Report on RTX
Insider Buying and Selling at RTX
In other news, insider Troy D. Brunk sold 2,872 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $125.95, for a total transaction of $361,728.40. Following the completion of the transaction, the insider now directly owns 5,272 shares of the company’s stock, valued at $664,008.40. The trade was a 35.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Christopher T. Calio sold 27,379 shares of RTX stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $130.36, for a total value of $3,569,126.44. Following the completion of the sale, the chief executive officer now directly owns 81,508 shares of the company’s stock, valued at $10,625,382.88. The trade was a 25.14 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 79,831 shares of company stock valued at $10,309,302. 0.15% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
An institutional investor recently raised its position in RTX stock. Brighton Jones LLC lifted its stake in RTX Co. (NYSE:RTX – Free Report) by 24.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,018 shares of the company’s stock after buying an additional 3,332 shares during the quarter. Brighton Jones LLC’s holdings in RTX were worth $1,969,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 86.50% of the company’s stock.
RTX Company Profile
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.
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