What is Erste Group Bank’s Forecast for RTX FY2026 Earnings?

RTX Corporation (NYSE:RTX) – Stock analysts at Erste Group Bank boosted their FY2026 earnings estimates for shares of RTX in a research note issued on Friday, June 5th. Erste Group Bank analyst S. Lingnau now anticipates that the company will earn $6.95 per share for the year, up from their prior forecast of $6.92. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for RTX’s current full-year earnings is $6.91 per share. Erste Group Bank also issued estimates for RTX’s FY2027 earnings at $7.60 EPS.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.26. The business had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS.

Several other brokerages also recently commented on RTX. Weiss Ratings reaffirmed a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $240.00 target price on shares of RTX in a research note on Thursday, March 5th. Wells Fargo & Company initiated coverage on shares of RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target on the stock. Citigroup reduced their price target on shares of RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Finally, Jefferies Financial Group upgraded shares of RTX from a “hold” rating to a “buy” rating and lifted their price objective for the company from $210.00 to $220.00 in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $211.38.

RTX Price Performance

Shares of RTX stock opened at $177.50 on Thursday. The stock has a 50 day moving average price of $183.40 and a 200 day moving average price of $188.93. RTX has a 52-week low of $135.43 and a 52-week high of $214.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.78 and a current ratio of 1.02. The firm has a market capitalization of $239.04 billion, a P/E ratio of 33.30, a P/E/G ratio of 2.57 and a beta of 0.31.

RTX Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 22nd will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, May 22nd. This is a positive change from RTX’s previous quarterly dividend of $0.68. RTX’s dividend payout ratio is presently 54.78%.

Institutional Investors Weigh In On RTX

A number of hedge funds have recently made changes to their positions in RTX. BNP Paribas bought a new position in RTX in the third quarter worth about $25,000. Navalign LLC bought a new stake in shares of RTX in the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new stake in shares of RTX in the 4th quarter valued at about $26,000. Core Wealth Advisors LLC purchased a new position in shares of RTX in the 4th quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC raised its stake in shares of RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after acquiring an additional 137 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Jefferies upgraded RTX to Buy and raised its target price, signaling improved confidence in margins and growth prospects. Jefferies Upgrades RTX Corporation (RTX) To Buy From Hold
• Positive Sentiment: Collins Aerospace expanded its Malaysia MRO facility, strengthening RTX’s global aerospace services capabilities and adding exposure to recurring aftermarket revenue. RTX’s Collins Aerospace quadruples MRO footprint in Malaysia
• Positive Sentiment: Another report highlighted RTX’s Malaysia expansion as a potential boost to Asia-Pacific cash flow, reinforcing the demand-driven growth story. RTX Malaysia MRO Expansion Adds Asia Pacific Cash Flow Potential
• Positive Sentiment: RTX is also expanding missile-defense production and testing capacity, which supports future defense revenue as demand for air and missile defense systems stays strong. How Is RTX Expanding Missile Defense Production Capacity for Growth?
• Neutral Sentiment: Several gaming-PC and GPU articles referenced RTX-branded products, but these are about Nvidia graphics cards and do not appear to be meaningful catalysts for RTX Corporation’s stock. Walmart Has the Least Expensive GeForce RTX 5070 Ti Prebuilt Gaming PC Ahead of Prime Day
• Negative Sentiment: A news item about U.S. strikes against Iran could raise geopolitical uncertainty, though it is only an indirect watch item for RTX rather than a company-specific negative. U.S. Launches Retaliatory Strikes Against Iran — Defense Stocks, ETFs On Watch

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.