RTX (NYSE:RTX) Shares Up 1.2% – Time to Buy?

RTX Corporation (NYSE:RTX)’s share price was up 1.2% during mid-day trading on Wednesday . The stock traded as high as $209.95 and last traded at $209.03. Approximately 5,985,184 shares traded hands during trading, a decline of 11% from the average daily volume of 6,706,542 shares. The stock had previously closed at $206.52.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Geopolitical-driven demand — Rising tensions in the Middle East are being cited by analysts as increasing demand for fighter jets, missile defense and drones, which benefits RTX’s defense businesses (Patriot, air/missile systems). 3 Defense Stocks to Watch Amid Rising Middle East Tensions
• Positive Sentiment: F-35 sustainment contracts — The DoD awarded contracts to Lockheed and RTX to sustain the F-35 fleet, providing visible, recurring work and supporting aftermarket/sustainment revenue. Lockheed Martin, RTX Land F-35 Contracts, Hover Near Buy Points
• Positive Sentiment: Policy focus on munitions — A White House meeting on shrinking U.S. munitions stockpiles (scheduled Mar. 6) could accelerate procurement decisions and put companies like RTX in the spotlight for replenishment contracts. Dear Raytheon Stock Fans, Mark Your Calendars for March 6
• Positive Sentiment: Commercial/technology progress — RTX reported progress on hybrid-electric aviation propulsion tests and continues to win export-related orders (e.g., UAE), which supports medium-term diversification beyond defense. RTX Balances Rising Defense Demand With Hybrid Electric Aviation Progress
• Neutral Sentiment: Analyst view — Brokerages give RTX a consensus “Moderate Buy,” which can underpin investor confidence but doesn’t represent a strong upgrade catalyst by itself. RTX Corporation (NYSE:RTX) Receives Consensus Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: Headline noise — Multiple tech/gaming stories about “RTX” GPUs (NVIDIA’s product line) are trending (RTX 5050/5060 rumors, laptop discounts). These are unrelated to RTX Corporation but can create search/noise that confuses retail flows. Nvidia reportedly developing RTX 5050 with 9GB VRAM, revised RTX 5060 using GB205 die

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on RTX. Sanford C. Bernstein reiterated a “market perform” rating and set a $204.00 target price on shares of RTX in a research report on Thursday, January 29th. Susquehanna reaffirmed a “positive” rating and set a $230.00 price objective on shares of RTX in a report on Thursday, January 15th. Jefferies Financial Group reiterated a “hold” rating and issued a $225.00 target price on shares of RTX in a research note on Wednesday, January 28th. TD Cowen restated a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. Finally, Vertical Research reaffirmed a “buy” rating and set a $227.00 price target on shares of RTX in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus price target of $202.00.

RTX Stock Up 2.9%

The business’s fifty day simple moving average is $197.03 and its 200 day simple moving average is $178.18. The stock has a market cap of $281.48 billion, a price-to-earnings ratio of 42.28, a price-to-earnings-growth ratio of 3.02 and a beta of 0.42. The company has a current ratio of 1.03, a quick ratio of 0.80 and a debt-to-equity ratio of 0.51.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.08. The business had revenue of $24.24 billion for the quarter, compared to analyst estimates of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The firm’s revenue was up 12.1% on a year-over-year basis. During the same period last year, the company earned $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts forecast that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 20th will be paid a $0.68 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a yield of 1.3%. RTX’s payout ratio is presently 54.84%.

Insiders Place Their Bets

In other news, EVP Dantaya M. Williams sold 12,713 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the transaction, the executive vice president directly owned 16,749 shares of the company’s stock, valued at $3,397,199.67. This represents a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Shane G. Eddy sold 17,527 shares of RTX stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. The SEC filing for this sale provides additional information. Insiders sold a total of 89,255 shares of company stock worth $18,151,956 in the last ninety days. 0.15% of the stock is owned by insiders.

Hedge Funds Weigh In On RTX

Several hedge funds have recently made changes to their positions in the business. BNP Paribas acquired a new stake in RTX during the 3rd quarter valued at $25,000. Navalign LLC bought a new position in shares of RTX in the fourth quarter valued at about $25,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of RTX during the 4th quarter worth about $26,000. LFA Lugano Financial Advisors SA bought a new stake in shares of RTX during the 2nd quarter worth about $29,000. Finally, Valley Wealth Managers Inc. acquired a new position in RTX in the 3rd quarter valued at about $30,000. 86.50% of the stock is owned by institutional investors.

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.