RTX (NYSE:RTX) Reaches New 52-Week High – Still a Buy?

RTX Corporation (NYSE:RTX)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $206.48 and last traded at $198.1980, with a volume of 453176 shares. The stock had previously closed at $203.50.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Major munitions production expansion — Raytheon (an RTX business) signed five multi‑year framework agreements with the U.S. Department of War to increase production and speed deliveries of Tomahawk, AMRAAM, SM‑3 and SM‑6 missiles, supporting multi‑year revenue visibility. RTX’s Raytheon partners with Department of War on five landmark agreements to expand critical munition production
• Positive Sentiment: Large U.S. missile build award — Reuters reports Raytheon secured a deal to build thousands of missiles (including Tomahawks) as the Pentagon rebuilds stockpiles, underpinning backlog and factory utilization. Raytheon secures deal to build thousands of missiles for the US, including Tomahawks
• Positive Sentiment: Direct Army radar award — RTX won a $1.03B LTAMDS contract to supply the U.S. Army, which strengthens longer‑term defense revenue visibility in air/missile defense. RTX Secures a $1.03B Contract to Supply LTAMDS System to U.S. Army
• Positive Sentiment: Commercial aerospace aftermarket & engine wins — Pratt & Whitney landed a 44‑aircraft GTF order from Vietjet (plus a 12‑year maintenance agreement), and Collins Aerospace announced service/connectivity and FlightSense renewals with Thai Airways, ANA and Singapore Airlines; Pratt & Whitney Canada added a long‑term Scoot APS5000 agreement — all support recurring aftermarket revenue. Vietjet selects RTX’s Pratt & Whitney to power 44 additional A320neo family aircraft Collins connects Thai Airways
• Positive Sentiment: Regional investment and manufacturing commitment — RTX plans a $139M investment in Singapore with MOUs to deepen aerospace manufacturing and services footprint in Asia Pacific. RTX to invest $139 million in Singapore
• Positive Sentiment: Product development progress — RTX conducted a ballistic test of a Stinger replacement and plans initial full flight in 2026, indicating forward momentum on a next‑gen air defense offering. RTX Conducts Ballistic Test Of Stinger Replacement Offering
• Neutral Sentiment: Investor event — CEO Chris Calio will present at Citi’s Global Industrial Tech & Mobility Conference on Feb. 18 (potential for incremental guidance/comments). RTX Chairman and CEO to present at Citi conference
• Neutral Sentiment: Media noise from name overlap — multiple stories about “RTX” GPUs and gaming PC deals refer to NVIDIA’s RTX brand, not RTX Corporation; these items can create noise but are not fundamental to RTX Corp. Modders resurrect half-dead RTX 5070 Ti
• Negative Sentiment: Risk factors and profit‑taking pressure — analysts note RTX has outperformed (~30% in six months) but flagged trade tensions and political scrutiny as risks; after a big run investors may be trimming positions, contributing to the stock decline. RTX Outperforms Industry in the Past 6 Months: How to Play the Stock?

Analysts Set New Price Targets

A number of brokerages recently commented on RTX. TD Cowen restated a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. Citigroup raised their target price on shares of RTX from $211.00 to $227.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Jefferies Financial Group reaffirmed a “hold” rating and set a $225.00 price target on shares of RTX in a report on Wednesday, January 28th. Morgan Stanley restated an “overweight” rating and set a $235.00 price objective on shares of RTX in a research report on Wednesday, January 28th. Finally, UBS Group reaffirmed a “neutral” rating on shares of RTX in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $198.89.

RTX Price Performance

The stock has a market cap of $261.23 billion, a P/E ratio of 39.31, a P/E/G ratio of 2.92 and a beta of 0.43. The company’s 50 day moving average price is $186.22 and its 200-day moving average price is $171.43. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51.

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

Institutional Investors Weigh In On RTX

Several large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings 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 valued at $22,922,464,000 after purchasing an additional 2,210,950 shares during the period. State Street Corp lifted its stake in RTX by 0.5% during the 2nd quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after acquiring an additional 552,009 shares in the last quarter. Capital Research Global Investors boosted its holdings in RTX by 1.1% during the third quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock worth $12,750,087,000 after purchasing an additional 799,155 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of RTX by 2.8% in the 3rd quarter. Fisher Asset Management LLC now owns 21,174,194 shares of the company’s stock worth $3,543,078,000 after buying an additional 575,004 shares during the last quarter. Finally, Norges Bank bought a new position in RTX in the 2nd quarter valued at $2,359,602,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

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.