RTX (NYSE:RTX) Trading Up 2.9% – Still a Buy?

RTX Corporation (NYSE:RTX)’s share price shot up 2.9% during trading on Friday . The stock traded as high as $209.95 and last traded at $209.70. 8,720,451 shares were traded during mid-day trading, an increase of 29% from the average session volume of 6,755,010 shares. The stock had previously closed at $203.86.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Analysts highlight rising Middle East tensions as a catalyst for higher government defense spending — boosting potential demand for fighter jets, missile defense and drones, which benefits RTX’s defense franchises. 3 Defense Stocks to Watch Amid Rising Middle East Tensions
• Positive Sentiment: The Department of Defense awarded Lockheed and RTX multiple contracts to sustain the F‑35 fleet — a near-term revenue and backlog-support event for RTX’s defense-related businesses. Lockheed Martin, RTX Land F-35 Contracts, Hover Near Buy Points
• Positive Sentiment: Coverage highlighting fresh orders (including UAE-linked activity) for Patriot and other air‑defense platforms plus RTX’s progress on hybrid‑electric aviation projects — this supports both defense revenue upside and longer-term diversification into sustainable aviation. RTX Balances Rising Defense Demand With Hybrid Electric Aviation Progress
• Positive Sentiment: A White House meeting on Mar. 6 to address shrinking U.S. munitions stockpiles could spotlight defense suppliers like RTX, potentially accelerating procurement decisions and follow‑on contracts. Dear Raytheon Stock Fans, Mark Your Calendars for March 6
• Positive Sentiment: Brokerage consensus remains constructive — RTX has a recent consensus rating of “Moderate Buy,” supporting investor confidence amid the defense tailwinds. RTX Receives Consensus Rating of “Moderate Buy”
• Neutral Sentiment: Multiple technology outlets report leaks and rumors about NVIDIA’s GeForce “RTX” 5050/5060/3060 products (9GB GDDR7 variants, restocks). These are about NVIDIA GPUs and create search/brand-noise but are not related to RTX Corporation’s aerospace & defense business. Nvidia reportedly developing RTX 5050 with 9GB VRAM
• Neutral Sentiment: Retail deals on gaming desktops and laptops (Alienware, Lenovo, HP) mention “RTX” GPUs — consumer retail activity is relevant to NVIDIA and retailers, but does not materially affect RTX Corporation’s defense/aero fundamentals. Save now: Get $600 off on Alienware gaming desktop

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on RTX shares. Wolfe Research reiterated an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $240.00 target price on shares of RTX in a research note on Thursday. UBS Group restated a “neutral” rating on shares of RTX in a research note on Wednesday, January 28th. Robert W. Baird set a $225.00 target price on RTX in a research note on Wednesday, January 28th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $235.00 price target on shares of RTX in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $202.00.

RTX Price Performance

The stock’s 50-day moving average price is $197.03 and its 200 day moving average price is $178.18. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $281.48 billion, a price-to-earnings ratio of 42.28, a PEG ratio of 3.02 and a beta of 0.42.

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

RTX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 20th will be issued a dividend of $0.68 per share. The ex-dividend date is Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.3%. RTX’s dividend payout ratio (DPR) is currently 54.84%.

Insider Buying and Selling

In other RTX news, EVP Ramsaran Maharajh sold 15,124 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the transaction, the executive vice president directly owned 13,184 shares in the company, valued at $2,698,105.60. This represents a 53.43% 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, EVP Dantaya M. Williams sold 12,713 shares of RTX stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total value of $2,578,577.79. Following the completion of the sale, the executive vice president directly owned 16,749 shares of the company’s stock, valued at $3,397,199.67. The trade was a 43.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 89,255 shares of company stock valued at $18,151,956. 0.15% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On RTX

A number of hedge funds and other institutional investors have recently bought and sold shares of RTX. Vanguard Group Inc. lifted its position in shares of RTX by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock worth $22,922,464,000 after purchasing an additional 2,210,950 shares in the last quarter. State Street Corp grew its holdings in shares of RTX by 0.5% in the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after purchasing an additional 552,009 shares in the last quarter. Capital Research Global Investors increased its stake in RTX by 1.1% during the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock worth $12,750,087,000 after buying an additional 799,155 shares during the period. Morgan Stanley lifted its holdings in RTX by 0.4% during the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock worth $5,462,310,000 after buying an additional 105,069 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in RTX by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock valued at $3,998,155,000 after buying an additional 625,994 shares during the period. 86.50% of the stock is currently owned by hedge funds and other 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.