Erste Group Bank Has Positive Outlook of RTX FY2027 Earnings

Key Points

• Erste Group Bank nudged its FY2027 EPS estimate for RTX to $7.51 (from $7.50) and retains a Buy rating, a forecast that sits above the current consensus estimate of $6.11 and is consistent with management’s FY2026 guidance range.
• RTX secured major contract wins — roughly a $50 billion multi‑decade Patriot award and a $3.8 billion Pratt & Whitney F135 modification — significantly expanding backlog and strengthening long‑term revenue and cash‑flow visibility.
• Shares trade around $197 with a P/E near 39.8 and an average analyst price target of $204.44; institutional ownership is high (86.5%), and the company pays a $0.68 quarterly dividend (≈1.4% yield).

RTX Corporation (NYSE:RTX - Free Report) - Erste Group Bank upped their FY2027 earnings per share (EPS) estimates for shares of RTX in a research note issued on Thursday, April 2nd. Erste Group Bank analyst S. Lingnau now anticipates that the company will earn $7.51 per share for the year, up from their prior estimate of $7.50. Erste Group Bank has a "Buy" rating on the stock. The consensus estimate for RTX's current full-year earnings is $6.11 per share.

Several other equities research analysts have also issued reports on the stock. Wall Street Zen lowered shares of RTX from a "strong-buy" rating to a "buy" rating in a research note on Sunday, December 14th. Robert W. Baird set a $225.00 price target on shares of RTX in a research note on Wednesday, January 28th. Wells Fargo & Company initiated coverage on shares of RTX in a research note on Wednesday, April 1st. They set an "equal weight" rating and a $200.00 price target for the company. Susquehanna reissued a "positive" rating and issued a $230.00 price objective on shares of RTX in a report on Thursday, January 15th. Finally, Jefferies Financial Group reissued a "hold" rating on shares of RTX in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $204.44.

RTX Trading Down 0.5%

Shares of RTX stock opened at $197.47 on Wednesday. The company has a 50 day moving average of $200.25 and a 200-day moving average of $185.27. 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 has a 12-month low of $112.63 and a 12-month high of $214.50. The firm has a market cap of $265.79 billion, a P/E ratio of 39.81, a PEG ratio of 2.84 and a beta of 0.43.

RTX (NYSE:RTX - Get Free Report) last announced its earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $22.65 billion. During the same period last year, the firm posted $1.54 EPS. The business's 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.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. J. Derek Lewis & Associates Inc. purchased a new position in shares of RTX during the 4th quarter valued at $385,000. Rockefeller Capital Management L.P. grew its position in shares of RTX by 10.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 603,483 shares of the company's stock valued at $110,679,000 after purchasing an additional 57,503 shares in the last quarter. World Investment Advisors grew its position in shares of RTX by 8.7% during the 4th quarter. World Investment Advisors now owns 62,448 shares of the company's stock valued at $11,453,000 after purchasing an additional 5,020 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new position in shares of RTX during the 4th quarter valued at $70,000. Finally, Meadowbrook Advisors Group LLC purchased a new position in shares of RTX during the 4th quarter valued at $807,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at RTX

In other RTX news, VP Kevin G. Dasilva sold 8,136 shares of RTX stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the completion of the transaction, the vice president owned 27,102 shares of the company's stock, valued at $5,455,632.60. The trade was a 23.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Shane G. Eddy sold 17,527 shares of RTX stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 89,255 shares of company stock worth $18,151,956. 0.10% of the stock is owned by corporate insiders.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, February 20th. RTX's payout ratio is presently 54.84%.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Huge multi‑decade Patriot award: RTX won a roughly $50 billion DoD contract to build and sustain the Patriot missile defense system over ~20 years — this meaningfully expands backlog, underpins long‑term revenue and cash flow visibility, and reduces near‑term revenue volatility. Read More.
• Positive Sentiment: Pratt & Whitney F135 follow‑on: RTX secured a $3.8 billion contract modification for lots 18‑19 of the F135 engine (F‑35), which boosts near‑term aerospace OEM revenue and supports aftermarket sustainment backlog. This is complementary to the Patriot win in reinforcing diversified, defense‑anchored cash flow. Read More.
• Neutral Sentiment: Analyst estimate tweak: Erste Group nudged FY2027 EPS slightly higher (to $7.51 from $7.50) and retains a Buy — the change is trivial but signals continued analyst confidence; consensus still trails management’s FY2026 guidance range. Read More.
• Neutral Sentiment: Upcoming quarterly focus: Analysts expect only single‑digit EPS growth for the next quarterly report — investors will watch execution on Pratt & Whitney, margin trends, and any guide‑updates tied to the large contract inflows. Read More.
• Negative Sentiment: Sector weakness from geopolitical uncertainty: A recent Barron’s piece notes defense ETFs and many defense names have fallen amid Iran‑related uncertainty and investor caution — broader sector outflows could weigh on RTX near term despite company‑specific wins. Read More.

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.

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