RTX (NYSE:RTX) Issues FY 2025 Earnings Guidance

RTX (NYSE:RTXGet Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 6.100-6.200 for the period, compared to the consensus EPS estimate of 5.950. The company issued revenue guidance of $86.5 billion-$87.0 billion, compared to the consensus revenue estimate of $85.7 billion.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on RTX. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $195.00 price target on shares of RTX in a research report on Wednesday, October 8th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $170.00 price target (up from $165.00) on shares of RTX in a research note on Wednesday, July 23rd. Citigroup raised their price target on shares of RTX from $148.00 to $182.00 and gave the stock a “buy” rating in a research note on Monday, July 14th. Jefferies Financial Group reissued a “hold” rating on shares of RTX in a research note on Monday, July 21st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of RTX in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $164.13.

Check Out Our Latest Research Report on RTX

RTX Trading Up 7.6%

RTX stock opened at $173.00 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.01 and a quick ratio of 0.75. The company has a fifty day moving average price of $159.66 and a two-hundred day moving average price of $146.50. RTX has a one year low of $112.27 and a one year high of $178.76. The stock has a market cap of $231.57 billion, a price-to-earnings ratio of 38.02, a price-to-earnings-growth ratio of 2.98 and a beta of 0.66.

RTX (NYSE:RTXGet Free Report) last released its quarterly earnings data on Tuesday, October 21st. The company reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.29. RTX had a net margin of 7.35% and a return on equity of 12.89%. The firm had revenue of $22.48 billion during the quarter, compared to analysts’ expectations of $21.26 billion. During the same period in the previous year, the business posted $1.45 earnings per share. The company’s revenue for the quarter was up 11.9% compared to the same quarter last year. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. Equities analysts anticipate that RTX will post 6.11 EPS for the current year.

Insider Activity at RTX

In other news, insider Philip J. Jasper sold 12,847 shares of RTX stock in a transaction on Monday, August 4th. The stock was sold at an average price of $157.82, for a total transaction of $2,027,513.54. Following the completion of the sale, the insider owned 17,684 shares of the company’s stock, valued at approximately $2,790,888.88. This trade represents a 42.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Troy D. Brunk sold 7,654 shares of RTX stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $155.20, for a total value of $1,187,900.80. Following the sale, the insider directly owned 16,442 shares of the company’s stock, valued at $2,551,798.40. This represents a 31.76% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 55,173 shares of company stock valued at $8,724,406. 0.15% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in shares of RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after acquiring an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after acquiring an additional 159 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of RTX in the second quarter worth about $5,157,000. Diversify Advisory Services LLC grew its stake in shares of RTX by 28.6% during the second quarter. Diversify Advisory Services LLC now owns 14,223 shares of the company’s stock worth $2,212,000 after buying an additional 3,165 shares during the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of RTX during the second quarter worth $721,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Company Profile

(Get Free Report)

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.

Recommended Stories

Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.