RTX Corporation (RTX) To Go Ex-Dividend on February 20th

RTX Corporation (NYSE:RTX) announced a quarterly dividend on Friday, February 6th. Investors of record on Friday, February 20th will be given a dividend of 0.68 per share on Thursday, March 19th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, February 20th.

RTX has decreased its dividend by an average of 0.4%annually over the last three years and has increased its dividend every year for the last 5 years. RTX has a payout ratio of 40.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect RTX to earn $6.84 per share next year, which means the company should continue to be able to cover its $2.72 annual dividend with an expected future payout ratio of 39.8%.

RTX Stock Performance

NYSE RTX traded up $0.66 on Wednesday, reaching $204.16. The stock had a trading volume of 518,049 shares, compared to its average volume of 6,076,190. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The firm has a fifty day moving average of $191.65 and a two-hundred day moving average of $174.44. RTX has a 1-year low of $112.27 and a 1-year high of $206.48. The company has a market cap of $274.04 billion, a P/E ratio of 40.99, a price-to-earnings-growth ratio of 2.89 and a beta of 0.43.

RTX (NYSE:RTX) last posted its 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 company had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The company’s revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities research analysts anticipate that RTX will post 6.11 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Wall Street Zen cut RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 14th. Citigroup boosted their price target on RTX from $227.00 to $238.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Morgan Stanley reaffirmed an “overweight” rating and set a $235.00 price objective on shares of RTX in a research report on Wednesday, January 28th. UBS Group reiterated a “neutral” rating on shares of RTX in a research note on Wednesday, January 28th. Finally, Jefferies Financial Group restated a “hold” rating and issued a $225.00 target price on shares of RTX in a research report on Wednesday, January 28th. One equities research 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 company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $199.50.

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.