RTX (NYSE:RTX) Reaches New 12-Month High Following Strong Earnings

RTX Corporation (NYSE:RTX) reached a new 52-week high during mid-day trading on Friday following a stronger than expected earnings report. The company traded as high as $214.89 and last traded at $213.6410, with a volume of 1125215 shares traded. The stock had previously closed at $209.16.

The company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.03% and a return on equity of 13.50%. The company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same quarter last year, the firm earned $1.56 EPS. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS.

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a dividend of $0.73 per share. The ex-dividend date is Friday, August 14th. This represents a $2.92 annualized dividend and a yield of 1.4%. RTX’s payout ratio is currently 54.78%.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX reported Q2 adjusted EPS of $1.89, ahead of estimates, on revenue of $24.71 billion, also above forecasts, which reinforced confidence in operating momentum. RTX Reports Q2 2026 Results
• Positive Sentiment: Management lifted 2026 guidance for sales, EPS, and free cash flow, signaling that demand remains strong across commercial aircraft maintenance and military systems. RTX Again Raises Full-Year Forecast on Robust Demand, Higher Backlog
• Positive Sentiment: The company highlighted a record backlog of about $289 billion, which gives investors more confidence in future revenue visibility and supports the stock’s recent strength. RTX: Lots Of Tailwinds, But Little Margin For Error
• Positive Sentiment: Wells Fargo raised its price target on RTX to $230 from $200, suggesting additional upside potential even though the firm kept an “equal weight” rating. Benzinga report on Wells Fargo target increase
• Positive Sentiment: Defense-related headlines around missile orders, rearmament spending, and strong Q2 results for peers like Lockheed Martin are adding to the bullish sentiment around RTX and the broader defense sector. Missile Orders Give RTX, Lockheed Stock a Boost

Analyst Ratings Changes

A number of research analysts have weighed in on RTX shares. Wall Street Zen cut shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Morgan Stanley reaffirmed an “overweight” rating and issued a $240.00 price objective on shares of RTX in a research report on Friday. Citigroup reaffirmed a “buy” rating on shares of RTX in a research note on Wednesday, June 17th. Melius Research raised RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Finally, Dbs Bank upgraded RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $217.38.

Hedge Funds Weigh In On RTX

Several large investors have recently modified their holdings of RTX. Vanguard Group Inc. grew its stake in shares of RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company’s stock valued at $22,922,464,000 after acquiring an additional 2,210,950 shares in the last quarter. State Street Corp raised its stake in RTX by 0.7% in the 4th quarter. State Street Corp now owns 91,884,588 shares of the company’s stock worth $16,851,633,000 after purchasing an additional 630,558 shares in the last quarter. Morgan Stanley boosted its holdings in RTX by 0.4% in the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company’s stock valued at $5,462,310,000 after purchasing an additional 105,069 shares during the period. Fisher Asset Management LLC grew its position in shares of RTX by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock worth $3,998,155,000 after purchasing an additional 625,994 shares in the last quarter. Finally, Norges Bank bought a new position in shares of RTX during the fourth quarter worth approximately $3,167,626,000. 86.50% of the stock is owned by institutional investors.

RTX Price Performance

The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The company’s fifty day moving average price is $186.24 and its 200 day moving average price is $192.04. The company has a market capitalization of $287.55 billion, a P/E ratio of 40.09, a PEG ratio of 2.67 and a beta of 0.30.

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.