RTX (NYSE:RTX – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 7.100-7.250 for the period, compared to the consensus EPS 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.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating on shares of RTX in a report on Wednesday, July 8th. Citigroup restated a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 26th. Erste Group Bank lowered shares of RTX from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Morgan Stanley reduced their target price on shares of RTX from $235.00 to $220.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.38.
Check Out Our Latest Stock Report on RTX
RTX Stock Performance
RTX (NYSE:RTX – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same quarter in the previous year, the company posted $1.47 earnings per share. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. On average, research analysts predict that RTX will post 6.92 EPS for the current year.
RTX Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be given a dividend of $0.73 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.5%. RTX’s payout ratio is presently 54.78%.
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: RTX reported double-digit sales and earnings growth in Q2 2026, reinforcing that core operations are performing well. RTX Reports Q2 2026 Results
- Positive Sentiment: The company raised full-year adjusted EPS guidance to $7.10-$7.25 from $6.70-$6.90, above Wall Street expectations, which is a clear bullish catalyst. RTX Again Raises Full-Year Forecast on Robust Demand, Higher Backlog
- Positive Sentiment: RTX also increased its 2026 revenue outlook to $95 billion-$96 billion, topping consensus and suggesting continued momentum in sales. RTX Reports Q2 2026 Results
- Positive Sentiment: Management cited robust demand and a larger backlog, which supports future revenue visibility and reduces near-term execution risk. RTX Again Raises Full-Year Forecast on Robust Demand, Higher Backlog
Hedge Funds Weigh In On RTX
A number of institutional investors have recently bought and sold shares of RTX. Wilkerson Advisory Group LLC purchased a new stake in shares of RTX in the 4th quarter valued at approximately $32,000. Wexford Capital LP acquired a new stake in RTX during the third quarter worth $33,000. Imprint Wealth LLC purchased a new stake in RTX in the third quarter valued at $35,000. Triumph Capital Management lifted its stake in shares of RTX by 3,663.6% in the 4th quarter. Triumph Capital Management now owns 414 shares of the company’s stock valued at $76,000 after purchasing an additional 403 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. purchased a new position in RTX during the fourth quarter worth about $87,000. 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.
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