RTX (NYSE:RTX) Trading Down 2.1% – Should You Sell?

RTX Corporation (NYSE:RTX)’s share price was down 2.1% during trading on Thursday . The stock traded as low as $201.84 and last traded at $202.9050. Approximately 6,381,340 shares changed hands during trading, a decline of 5% from the average daily volume of 6,690,159 shares. The stock had previously closed at $207.26.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Selected for Pentagon-backed rare-earths effort and won a follow-on Pratt & Whitney contract for compact turbojet engines — moves that strengthen defense supply-chain resilience, add high-priority industrial content, and support future revenue from munitions and engine programs. RTX Rare Earths Push And Engine Win Reshape Defense Spending Exposure
• Neutral Sentiment: Jefferies reaffirmed a Hold rating and a $225 price target after the DoD authorized Egypt’s ~$4.7B NASAMS purchase — the sale underpins backlog but the unchanged rating/target signals limited near-term upside from the news. Jefferies Reaffirms Hold Rating on RTX Corporation (RTX) Following Defense Systems Deal with Egypt
• Negative Sentiment: Analysts flag that a large defense backlog (reported as very large) may not convert to cash quickly because of an engine-production crisis that has already led Airbus to cut targets — execution risk on engines and supply-chain constraints could pressure near-term revenue and margins. Munitions Burned in 100 Hours Could Fuel RTX’s Next Growth Wave

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. JPMorgan Chase & Co. upped their price target on RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 target price on shares of RTX in a research note on Thursday, March 5th. BNP Paribas Exane initiated coverage on shares of RTX in a report on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 target price on the stock. Royal Bank Of Canada lifted their price target on shares of RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, January 28th. Finally, DZ Bank lowered shares of RTX from a “hold” rating to a “strong sell” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $202.00.

RTX Trading Down 2.1%

The business has a 50 day simple moving average of $198.93 and a 200 day simple moving average of $179.80. 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 company has a market cap of $272.36 billion, a price-to-earnings ratio of 40.91, a price-to-earnings-growth ratio of 3.00 and a beta of 0.42.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, beating 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 company had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. During the same period last year, the company posted $1.54 earnings per share. The firm’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, equities analysts forecast that RTX Corporation will post 6.11 EPS for the current year.

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 20th will be given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, February 20th. RTX’s dividend payout ratio (DPR) is presently 54.84%.

Insider Activity at RTX

In related news, EVP Ramsaran Maharajh sold 15,124 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total value of $3,095,126.60. Following the completion of the transaction, the executive vice president owned 13,184 shares in the company, valued at $2,698,105.60. The trade was a 53.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total value of $7,349,797.80. Following the transaction, the executive vice president directly owned 59,556 shares in the company, valued at approximately $12,242,331.36. This represents a 37.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 89,255 shares of company stock valued at $18,151,956 in the last three months. 0.15% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On RTX

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in 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 during the last quarter. State Street Corp raised its holdings in RTX by 0.5% during the 2nd quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after purchasing an additional 552,009 shares during the last quarter. Capital Research Global Investors lifted its position in RTX by 1.1% during the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock valued at $12,750,087,000 after purchasing an additional 799,155 shares during the period. Morgan Stanley boosted its stake in shares of 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 last quarter. Finally, Fisher Asset Management LLC boosted its stake in shares of RTX by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company’s stock valued at $3,998,155,000 after purchasing an additional 625,994 shares during the last quarter. 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.