RTX (NYSE:RTX) Stock Price Up 1.1% – Time to Buy?

RTX Corporation (NYSE:RTX)’s share price rose 1.1% on Monday . The company traded as high as $198.63 and last traded at $198.2810. Approximately 2,291,062 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 6,184,318 shares. The stock had previously closed at $196.21.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX landed a US$50 billion Department of Defense contract to build and sustain the Patriot missile-defense system — a multi‑decade program (~20 years) that meaningfully extends backlog and improves long‑term cash‑flow visibility for RTX. RTX’s US$50b Patriot Deal Extends Backlog And Cash Flow Visibility
• Positive Sentiment: Pratt & Whitney (RTX) secured a $3.8 billion contract modification for Lots 18–19 of the F135 engine (used on the F‑35), further adding near‑term revenue and visibility into aerospace aftermarket and production cash flows. RTX Secures $3.8 Billion Contract Modification for F135 Engine
• Positive Sentiment: Analysts and research pieces highlight RTX’s missile‑defense capabilities and multi‑year contracts as a structural growth driver—supporting higher forward earnings expectations as geopolitical risks keep defense R&D and sustainment spending elevated. RTX’s Missile Defense Capabilities: Key to Future Growth?
• Positive Sentiment: Erste Group slightly raised its FY2027 EPS estimate for RTX and maintains a Buy — incremental analyst support that helps sentiment around the stock’s elevated forward multiple and growth outlook.
• Neutral Sentiment: Coverage pieces noting Wall Street optimism about RTX emphasize analyst recommendations but remind investors that rating moves can be already reflected in the share price; useful context but not an immediate catalyst by itself. Wall Street Bulls Look Optimistic About RTX
• Negative Sentiment: Barron’s and other outlets report that an announced Iran cease‑fire has softened the defense rally; reduced near‑term geopolitical risk tends to pressure defense contractors’ shares as investors mark down the probability of immediate additional procurement or emergency orders. Defense Stocks Mixed After Iran Cease-Fire
• Negative Sentiment: Short interest in a defense ETF surged, and RTX is a large holding in that fund; elevated shorting and profit‑taking in the sector can add volatility and cap near‑term upside even as company‑specific awards support fundamentals. After Iran Ceasefire, This Defense ETF’s Short Interest Is Surging

Analyst Ratings Changes

RTX has been the topic of a number of analyst reports. Robert W. Baird set a $225.00 price target on RTX in a research note on Wednesday, January 28th. Susquehanna restated a “positive” rating and issued a $230.00 price target on shares of RTX in a research note on Thursday, January 15th. Vertical Research restated a “buy” rating and issued a $227.00 price target on shares of RTX in a research note on Tuesday, January 27th. Wolfe Research restated an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $204.00 price target on shares of RTX in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus price target of $204.44.

RTX Stock Performance

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 stock has a fifty day moving average of $200.25 and a 200-day moving average of $185.27. The stock has a market cap of $273.79 billion, a PE ratio of 41.01, a price-to-earnings-growth ratio of 2.84 and a beta of 0.43.

RTX (NYSE:RTX) last released its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $22.65 billion. During the same quarter last year, the company posted $1.54 earnings per share. The business’s revenue was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts forecast that RTX Corporation will post 6.11 EPS for the current year.

RTX Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, February 20th were issued a dividend of $0.68 per share. The ex-dividend date of this dividend was 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 Activity

In related news, insider Shane G. Eddy sold 17,527 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the transaction, the executive vice president directly owned 16,749 shares in the company, valued at approximately $3,397,199.67. This represents a 43.15% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 89,255 shares of company stock valued at $18,151,956. Insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On RTX

Institutional investors have recently added to or reduced their stakes in the business. BNP Paribas purchased a new stake in RTX in the 3rd quarter valued at approximately $25,000. Navalign LLC purchased a new stake in RTX in the 4th quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC purchased a new stake in RTX in the 4th quarter valued at approximately $26,000. Valley Wealth Managers Inc. purchased a new stake in RTX in the 3rd quarter valued at approximately $30,000. Finally, Core Wealth Advisors LLC purchased a new stake in RTX in the 4th quarter valued at approximately $31,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

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.